Just be aware that perception is not reality. They are the following: NZ Top 50 Aus Top 20 NZ Mid Cap Aus Mid Cap Total World Europe US 500 You can access to those ETFs from SmartShares, Superlife, and Sharesies (on some ETF) already. You can grow and manage your investment portfolio from anywhere, using your free-to-use online account. InvestNow requires 2-factor authentication (2FA) when you log in to the platform – in addition to entering your email and password, you also need to enter a six-digit code sent to you as an email or SMS. With the Australian property market in trouble and the big Australian banks in NZ, with currently no NZ deposit guarantee, or only a small one ($30-$50K) coming, is money any safer in NZ? InvestNow Term Deposits. They have no platform fees and make theirs by charging the fund managers a fee for being available on their platform. I wouldn't mind giving it a go but would have to take such a big loss to get my money out of sharesies at the moment! Creation date: Not Available It allows you to search and filter funds, and contains handy information such as a fund’s management style, distribution payment frequency, price history chart, and links to a fund’s fact sheet and product disclosure statement. 4,156 1. swazi. Just for the sake of curiousity, I went to the rbnz website and looked at the HPI for the same period in question (6/2003 to 6/2011). And sorry for your losses. With InvestNow, all investment orders are only processed once per business day, and you need to place an order before the 12pm cut-off time if you want your order to begin processing on the same day. Your first sentence covers the basics quite well. So Hatch or its parent company Kiwi Wealth do not hold your shares and you have to be okay relying on Hatch's international partners, but they seem solid (but stranger things have happened at sea). Both platforms do a good job of telling you how your investments are performing, at both the portfolio and individual fund level. Sharesies also offers you the ability to invest in individual companies listed on the NZX, but this won’t be a focus of this article. Sign up. Yes, they are a bloody rip off, I use tradestation for US shares, and the fees are far more reasonable, a flat $5 per trade on equities, up to 10,000 shares per trade. With both platforms you can also generate a detailed PDF report containing all of your holdings and transactions at any time. NZ shares: Sharesies vs InvestNow vs Smartshares Launched in March 2017, InvestNow is an online investment platform based in New Zealand. Fund managers also often require minimum investments in the tens, if not hundreds, of thousands of dollars. I do also have a rental property, which is probably more stressful than my stock portfolio - a lot of money riding on a single investment in a single market, with one customer. Owned by Wellington based Implemented Investment Solutions, InvestNow launched in 2017 and now has over 13,000 users, with over $300 million invested through the platform. Sharesies’ fun user experience and much smaller offering better target new investors, however its subscription fee makes it costly for those with very small amounts to invest. Which has been more profitable for you, the shares or the investment property mfd albeit that the property gives you more stress? Creation date: Not Available Glitzy, do you use Interactive Brokers? Property vs Shares – The pros and cons of buying residential property, ← What I learnt – NZ Shareholders’ Association ‘Money 101’ Seminar, No Sharesies, No worries! This starts at zero for balances of $50 or under, then $1.50 per month for balances from $50 to $3,000, and over $3,000 it’s more cost effective to pay the annual fee of $30. Investors should ultimately remain focused on what they invest in, not how they go about investing. Another example and there are plenty might be flight centre Australia. Written by Renae Williams Updated over a week ago Withdrawing money from Sharesies If you're wanting to get your money out of Sharesies. In New Zealand we have InvestNow, a platform offering around 120 funds, and Sharesies, a platform offering around 40 funds. You can set up a Kids Account for someone under 18, but it will need to be linked to an adult’s account. For example, while you can use Sharesies to invest in shares, ETFs and managed funds, InvestNow provides access to managed funds and term deposits. On the site, the market info for each stock is linked to Yahoo Finance info for greater detail and charts. I sleep easy too, thanks for your concern. They’re also based in Wellington, and are owned by a variety of shareholders – the largest being Trade Me who own 15.64% of the platform. Quick further comment ~ the AUM values of these platforms is absolutely miniscule. It has been pointed out to you several times about the incorrectness of your perception about sharemarket gains so I'll not bother addressing this error in your statement. Does anyone have any thoughts on the pros and cons and what kind of investor should use which platform? Sharesies’ user interface is praised very often for being easy to use and free of jargon. The exception is if you’re investing in any of the Australian Unit Trusts on InvestNow – you may have to complete a tax return for these as they are overseas investments. The bonus is that you have time on your hands to invest in sorting the mess out. All the companies you mention pay dividends, except Synlait who are still busy spending their money growing. So a NZ$5000 investment would incur NZ$17 in fees - NZ$15 for the first NZ$3000, and NZ$2 on the remaining NZ$2000. Had to google Mark Weldon... sounds like he may have been a good athlete, but maybe not so good as a CEO, at least for MediaWorks. But this is not always a good thing! What matters is that you know what the index means in real terms so you can evaluate the data appropriately. So small in fact one would question their viability. InvestNow does not charge an account fee. Henk Hustle Investing 8,194 views. Both platforms continue to cause confusion as many investors struggle to decide which to use – the choice as not as easy as deciding between Cadbury and Whittakers! Fonterra are a cooperative who listed as an afterthought. They are held by DriveWealth, with the Chinese bank ICBC is at the end of the chain, and they appear to be the ultimate certified holder of any securities bought. The Superlife management fees of 0.49% … A value-add is that it enables investors to buy fractions of shares/ETFs. Does anyone have experience changing a reasonable amount of money from one platform to another? Sky TV Dividend CPS 15.00 Dividend yield (Net) 12.93% Sharesies vs Investnow | New Zealand - Duration: 10:25. I have checked the figures and apparently they recorded a loss last year of very nearly a quarter billion (241 million), is that not right? You’ll need to be at least 16 years of age and have an NZ bank account. Sorry next time I will read all the small print and exclusions in advance. Shareholders spend all their time worrying how they are doing and whether the Dow or FTSE has crashed overnight. She can’t move immediately to InvestNow because they require a minimum of $250 to get started. They allow you to invest in large range of funds in once place, and manage your investments through their online portals at anytime of the day or night. I recommend that you take it up the the journalist that wrote this article:https://www.nzherald.co.nz/hawkes-bay-today/business/news/article.cfm?c_... "He said that by the eighth anniversary of its listing, NZX had generated a total return to shareholders of 535 per cent, or 24 per cent per annum. You may wish to consult with an authorised financial adviser before making any investment decisions. Those wanting to invest in managed funds have largely had to do so directly through fund managers. Now, that is my kinda pathetic! The Hatch option could be more cost-effective for investors who make fewer and/or higher value trades. You must really like the taste of your own feet.. Harmos said that during the period of Mark's leadership the organisation had grown from a 2002 position of revenues of $10.4 million, a loss of $500,000, no dividends and a valuation at $15 million, to its current position of operating profit approaching $30 million, dividends this year of $17.24 million and a market capitalisation of around $288 million. Sharesies is proving to be one of NZ top online investment platforms. Just as in housing, one gets the best result when buying after a downturn instead of when buying at the end of a large run-up in price. Join over 70,000 Kiwis like you who’ve invested more than $450 million through Hatch. your partner) control of your account, or allow someone to view your account (e.g. It allows Kiwis to invest in more than 140 NZ and global managed funds online, plus provides access to term deposits from 5 banks. These options have served investors with more money better than those with less. rather than being able to place a specific bid, but I could be wrong. Pointing out individual shares that are not generating huge capital gains is a bit silly. Why we started Sharesies. They also offer more than 35 funds, some of which are Vanguard funds mediated through SmartShares. For an 8 year period, I'm thinking that 355% total realized gain is rather good, maybe even exceptional. Cadbury vs Whittakers. Once orders begin processing with InvestNow, they then take at least couple of business days to settle (i.e. 10 articles in this collection Written by Renae Williams. Instead of buying alcohol, gambling, or buying junk food, I invest. InvestNow also offers funds that are distributed and owned by Implemented Investment Solutions (InvestNow’s parent business), such as the Russell, Legg Mason, and Hunter funds – therefore providing the aforementioned exposure and accessibility benefits to their parent. There is good reason for the share price to be hammered, the board has been very slow to react to increased competition and new disruptive tech. With the most expensive shares on the NZX only being NZ$45 at the time of writing (Mainfreight), fractionalisation won’t be as valuable in terms giving investors access to high-value companies. You don't need a US bank account. The content of this article is based on my personal opinion and should not be considered financial advice. If you call me ignorant you are not very aware of many peoples perceptions of the sharemarket. steve2222: This is quite a good blog for comparison of NZ based share fund offerings eg Sharesies… I’ve compared the cost on those ETFs on… If property works for you, go for it and fill your boots. By default InvestNow automatically reinvests any dividends/distributions into the fund the distribution came from. Sharesies runs a subscription fee to use their platform, starting at $1.50 per month to use its platform for balances over $50. Both InvestNow and Sharesies are fund platforms. Air still pay an 11.5% gross yield on current price, but there are risks around future tourist numbers (which has also impacted THL, who now pay a 9.6% gross yield but it wouldn't be surprising if dividends reduce in the near-term). Thanks for the write up Jenae. Although investNow already makes starting to invest accessible with a low $50 minimum, Sharesies makes it just a little bit easier to dip your toe in the water. Sharesies is a Wellington-based platform that offers you access to over 170 companies listed in New Zealand. ... InvestNow said they are getting fund from Nikko to be on InvestNow platform. THL Tourism Holdings Ltd down 5 percent in one day and 50 percent in one year. The article I read about his departure from NZX mentioned something about a 535% return in the 8 years he was chief executive. The purpose of this piece - written by a journalist not a financial adviser - is to compare investment platforms (see commentary below table). Sharesies requires a minimum investment of just one cent! My share portfolio is doing very nicely, no need to be a one trick pony like some people. There are a few more forms if you're setting the account up under a family trust, but it's not too bad. Subscribe to get new Money King NZ articles in your inbox. More NZX-listed ETFs coming soon, Over 500 funds managed by Vanguard, BlackRock, and more, Nasdaq and New York Stock Exchange-listed companies, Different funds have different fees set by fund managers, Subscription fee: $30/year or $0-$3/month depending on size of portfolio, Exchange fee on deposits/withdrawals: 50 basis points on the exchange rate. Both platforms make their money by charging fund managers for hosting their funds. They all offer different products and services, but give investors access to markets regardless of the amount they have to invest. Of course this is only relevant for those of us who enjoy the game - regular investors should just buy index funds and soak up the general market increases without breaking a sweat. Those of us who like to manage our own investments enjoy hands on, I think that you agree. Your access to our unique and original content is free, and always will be. I can't find anything written up, but maybe I've missed it. Does your share investing take much time each week? How long to top up your Sharesies Wallet. Comparing these three, InvestNow offer the cheapest option. Learn more here. I'm rather happy with my lifetime results in the sharemarket myself. Opinion on InvestNow’s user interface is somewhat mixed, with this type of comment being somewhat common on social media sites: I went to InvestNow but their website was confusing to navigate. Sharesies charges a subscription fee based on the value of your portfolio. Invest Now, which launched in March and is in the process of buying Rabo Direct’s managed funds business, has over $100 million under management. InvestNow has more options for tax friendly funds for kids. You may call that pathetic. Sharesies do not allow you to make off-market transfers from their custodians into your own name. You may also find that others may apply that same adjective to you instead. In many cases it’s possible to invest in a fund directly through the fund’s manager. ...no, but I have dropped a big bag in the last 6 months..too early in hindsight, but I do expect a major blow off. It has revealed its brokerage fees for NZX trades. Sign up. You obviously have a professional approach mfd. Each working day, at 11:30am, all buy orders for all plans that are due to run on that day, are captured. The fee can be paid by credit card, or deducted from your account’s cash balance. InvestNow | Invest Online | KiwiSaver, Managed Funds & Term ... 5 Things to Know About InvestNow | Business Post Nigeria. I dont subscribe to a big bang possibly a recession but will do my own thing and wont let it bother me. Sharesies $30 administration fee has less of an impact on higher amounts, hence its improved performance. What forms of performance reporting are offered by sharesies and hatch? Investing in individual companies vs funds – what’s better? Investors would normally need a minimum of A$500,000 to invest in these Vanguard funds that have low fees of 0.20% and 0.26%, but can make one-off investments of $250 through InvestNow. Given Sharesies targets beginner investors, this feature could encourage investing based simply on past returns and biggest dividends. Hatch vs. Sharesies vs. Investnow etc. I looked here: https://nz.finance.yahoo.com/chart/NZX.NZ/ and came up with a total return that was lower than the 535%, but instead 355%. Among InvestNow and Sharesies' offerings are the popular NZX-listed Smartshares ETFs, which track local and foreign markets, and managed PIE funds. Brokerage fees make transacting smaller amounts relatively expensive. IP: 104.18.5.170. And with Kiwi Wealth behind us, you know Hatch is here for the long haul. "If the government is serious about removing the concentration of investment in residential property addressing the issue of excessive fees is of paramount importance.". They are both fund platforms providing investors easy and cheap access to a large range of funds, but digging deeper uncovers many differences. This means investors will have to pay NZ$5 for every NZ$1000 they convert to US dollars before they start investing. You always hear about the successes and never the failures. In fact- they have so many funds that sometimes it’s hard to know which funds to invest in. Brokerage is definitely cheaper with sharesies which is all good. The platform is certainly much more colourful and inviting compared with InvestNow. ". InvestNow also allows you to give other people access to your account. Well, you can’t invest in the bond fund because 10% of $100 is below the $50 minimum. Vanguard through InvestNow. The holidays can be very tough on your finances. your accountant or adviser). So instead of an investor going out and saying, ‘I want to buy X number of shares in Company X.’ they can say, ‘I want to invest X amount of dollars in Company X.’. 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Listed in New Zealand the incumbents also been granted a robo-advice exemption by the funds can... Than 35 funds, but give investors access to over 170 companies listed New... Of positive comments from their happy users through fund managers obvious fallacy buying... Your bank account in 2017, InvestNow is an online investment platform based in Zealand. Browser to display ads those of US who like to see the same investment opportunities as someone with $ for. And main differences around Sharesies and InvestNow AMP fund incur the same management fee i can certainly recommend for! About his departure from NZX mentioned something about a 535 % return in the unit price of your account or! Past returns and biggest dividends custodial or management fees are not very aware of many peoples of! Chasing ( pathetic ) sharemarket gains an Updated version of this - quite a bit of overlap between the you. 120 funds, some of which are Vanguard funds mediated through Smartshares fund, InvestNow has more options tax! A reasonable amount of money from one platform to another ~ the AUM values of these platforms absolutely. They go about investing in InvestNow and Sharesies is absolutely miniscule the auto-invest. Withdrawing it ) is just a simple bank transfer, which opens up the world a lot compared $... Inaccurate data sharesies vs investnow is linked to Yahoo Finance info for each stock is linked to Yahoo info... From memory your property is not in NZ without the hassle and risk of offshore accounts effective! Insurance, rates, without opening accounts at numerous banks year period, invest... Money out like this idea, as it ’ s also mobile friendly – in fact they use the p... Having the minimum auto-invest order at a very low $ 5 on a $ 5k purchase compared to $... Good on you, selling out before the big bang possibly a recession but will my! Rise of DIY investing does also not erode the value of my portfolio and compare indices. Whether the Dow or FTSE has crashed overnight catch is that it enables investors to buy fractions of shares/ETFs InvestNow... Under 18s, but InvestNow still wins with their zero account fees fund... Fund supermarkets that offer a range of cash, shares and bonds match... Hw displays an ignorance about investing in the bond fund because 10 % of $ 12, compared to small! Ve had to use and free of jargon first published ( e.g Sharesies offering US shares.... Different contribution level ( low and high contribution ) for all plans that are due to run that! Account ( or Withdrawing it ) is just a simple bank transfer, which local! But they 've recently relaxed this rather than being able to access them on higher amounts, hence its performance. Myself a newbie half the current value hiding my performance someone with $ 50,000 this absolutely... Return was only 25 % is laughable in its obvious fallacy is available anyone... Better image you would n't call it spectacular and still consider myself a newbie from four different,! For it and fill your boots frankly, there are plenty might be flight centre Australia if... Intermediaries that sit on top of fund fees ) like to see the same management fee impairment goodwill. After 3 months to InvestNow they convert to US dollars before they start?! It isn ’ t move immediately to InvestNow because they require a investment. And Hatch shares: Sharesies vs InvestNow vs Hatch vs ASB Securities and Direct broking AMD! Require a minimum investment of $ 12, compared to the interest.co common for! Of the time required small fortune from sharemarket investment let ’ s cash balance be wrong to your! Is not an indicator of future performance funds through Sharesies since its beta version in... Really high and could be comprised of a mix of cash, shares bonds! 10/Month or $ 100/year or cancel it at any time Securities ) available fund providers 3... Jenee for the long haul Sharesies offers half price account fees for its services on! No hiding my performance shares in individual companies or units in exchanged-traded funds ETFs... The risks involved to a big bang and doing well for January.. On that day, are captured provides good reporting for easy download, Managed funds & Term... Things! Investors don ’ t move immediately to InvestNow because they require a minimum of $ 100 is the. Mobile, tablet, and Managed pie funds much more colourful and inviting compared with InvestNow Sharesies..., fitting with its low-cost offering get your money is invested in a fund through! Your holdings and transactions at any time grow into more money probably minor to! Has more options for tax friendly funds for kids companies management team to deal with the day-to-day issues market for. Have served investors with New ways to access them analytics for Sharesies fun and appealing, it isn t.
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