Vote for the Collections you want us to add to Discover first đŸ§ș

I mentioned in my blog post last week that we were planning lots of improvements to help you make smarter, better-informed investing decisions :bulb:

Collections are one of these, they’re bundles of stocks that match a theme. So if you have an interest in a certain sector of the market or you want to invest in companies that have particular characteristics, you’ll be able to find them easily here. And of course, we’ll have some fun with these too :wink:

We’ve recently added Quick Filters to the discover tab too, filters are intended to help you search for things that you’re looking for faster (we’re working on improving these too, don’t worry). Whereas Collections should provide inspiration to check out stocks that you might not have considered investing in before.

We’ve come up with a shortlist of some initial Collections that we’d like to start testing in the app first. We’ve started with a more serious list because we want to make sure that we add value rather than clutter. These will be put together by hand at first, which is why we haven’t included something like the top 5 most bought stocks this week, for example.

To help us narrow down the list further, please vote for up to 5 of the Collections that you’d like us to add to the app first.

  • Big tech
  • Fashion
  • Media
  • Online retail
  • Food and drink
  • Money Money Money
  • UK tech
  • Big pharma
  • Commodities
  • High street

0 voters

This is just the start for this feature and we’ll be adding more in the future :crystal_ball: Let us know your thoughts and suggestions for other Collections in this thread as we will be testing, and iterating this feature.

5 Likes

Add them all! :smirk: (except High Street, these are not future-proof)

I also assumed that “Money Money Money” category is Finance, and if it is, it would probably make more sense to call it that. Money Money Money can also associate with Apple (huge earnings, $250bn cash), Facebook (huge earnings, $50bn cash), Walmart (huge revenues, $500bn per annum) or any other rich entity not related to Finance.

8 Likes

An Aim collection would be nice :star_struck:

3 Likes

We’d need to add some more AIM stocks first. Keep requesting & voting - #stock-requests :smile:

2 Likes

Have been :joy:
Doesn’t seem they’re as popular

1 Like

How about having a Collection for Property?

Also how does “Big tech” differ from “UK tech”. Presumably a UK tech company can be part of big tech?

3 Likes

How about a collection of stocks that are currently paying dividends?

9 Likes

Be even better if you could allocate money to a collection, like a DIY etf, once fractional shares are available

4 Likes

Where is CleanTech? That seems a burgeoning category at the moment.

2 Likes

Interesting, which companies from our universe would you consider part of CleanTech?

I’m guessing this is partly linked to some of the recent discussion about: How important is Ethical Investing?

Not sure, but therein lies the problem. Don’t think you have many.

But assuming that some companies can straddle multiple categories, Tesla could be in Transport (if you’d had a category like that), Big Tech and CleanTech.

I would associate renewable energy, shift from fossil fuel to electric, more sustainable materials, etcetera to fall in CleanTech.

2 Likes

It would be, we want these Collections to contain at least 5 or maybe 10 stocks for now.

That’s ok, we wouldn’t want the same stocks appearing in too many Collections but it’s fine if they’re in more than one.

Money Money Money can also associate with Apple

You raise an interesting point. @Freetrade_Team1 with Apple getting into credit would it be included in the Finance filter? How leniently are you deciding what fits into what category?

1 Like

We haven’t defined the rules that strictly yet, these are just a couple of the considerations. Maybe Jani will be able to share some more later.

Are there any that you had in mind?

1 Like

Yeah, no point having a Cleantech tag that points at nothing.

But yes FT should add more cleantech/eco/sustainable/SRI/ESG/ethical/impact stocks and ETFs. I realise that these terms don’t all mean the same thing but agree with @Marsares - it feels like a gap currently.

1 Like

I’d like to see Denfense (Boeing, BAE, Lockheed Martin, etc). I also think Transportation (National Express, Airlines etc) and Automotive (Aston Martin, Tesla, VW etc) will be good once more stocks are added.

But can we avoid having stupid names e.g Money Money Money? Just call it Banking or Financial Institutions. I find it cringey.

5 Likes

This is a tricky one because we don’t support the nationality declarations that a lot of these stocks require yet.

The same goes for airlines but aside from that, we’d definitely consider these.

I can’t promise anything here, we believe that putting some fun into Freetrade is important, we’ve written more about this here. They might not be for everyone but we’ll do our best to come up with genuinely amusing, rather than cringeworthy, titles :thought_balloon: One of the reasons why we started with more serious collections was to make sure that they really add value though and that’s always going to be a top priority.

2 Likes

I like the titles :woman_shrugging:

1 Like

Thanks for the info, I didn’t realise there was complications for Nationalities.

I get that there’s a fine line between being fun and cringey, and different people will have different views where that is, but if it means it’s not immediately obvious what the collection is for then I’d be against it.

2 Likes

Here’s a suggestion for the next shortlist - Sin.

In a downturn, sin stocks are typically resilient. It is the opposite of ethical investing. People can’t quit their products because they’re addicted. There are already some tobacco, alcohol, and gambling companies in Discover, if more are added, this is a good way of categorising them.

3 Likes