Building an investment portfolio – Simplicity vs InvestNow, Smartshares vs Simplicity vs AMP vs Kernel – NZ Share Index Fund shootout, Smartshares vs Vanguard vs AMP – International Share Index Fund shootout, investing in individual companies requires research, Buying shares on the NZX – Sharesies vs ASB Securities and Direct Broking, What I learnt – ‘Investing for Contractors’ Panel with Darcy Ungaro, Term deposit rates suck! Fund Platforms are services that offer you access to a variety of different funds to invest in, sometimes described as a “Fund Supermarket”. Instead, trades are done through DriveWealth, a platform which holds your shares and ETFs on your behalf. But that’s where brokers come in (see below section). Even more confusing, is that sometimes SuperLife’s fund management fee differs from its Smartshares ETF equivalent e.g: Because SuperLife’s online portal is relatively poor, and their offering mirrors Smartshares so closely, it is probably easier to stick with buying the equivalent Smartshares ETF from InvestNow or Sharesies. the US Small Cap ETF. Let’s be friends on Facebook, Twitter, or via email so you can keep up with the latest news and posts! Stake vs Hatch (vs Sharesies) Investing. It allows Kiwis to invest in more than 140 NZ and global managed funds online, plus provides access to term deposits from 5 banks. Don’t be scared off by the $500,000 minimum investment amount because these funds are available on the InvestNow platform, where you can invest with only $50. Whether you’ve been investing for a while, or you’re new, you’ve probably heard of these popular New Zealand investment services. ETF stands for Exchange Traded Fund, and they work the same as normal funds, apart from the key difference being that ETFs are listed and tradable on an exchange (i.e. They do not manage your funds – instead they act as a “middleman” between investors and Fund Managers. This means if you have an average investment balance of $10,000 and your management fee is 1.50%, you'll pay $150/year in fees. However, unlike traditional brokers, any shares bought off Sharesies are not held directly in your name – instead they are held by a custodian on your behalf. a sharemarket). InvestNow | Invest Online | KiwiSaver, Managed Funds & Term ... 5 Things to Know About InvestNow | Business Post Nigeria. Further Reading:– Buying shares on the NZX – Sharesies vs ASB Securities and Direct Broking. Last updated: Nov 12, 2020. Also be careful of their $20 annual fee – with $1,000 invested, that $20 fee equates to 2% which is quite high compared to other investment options. Fund Platforms are a good option for everyone – both beginners and experts – as they allow you to invest in lots of different funds under one roof. What happens to your money if InvestNow or Sharesies go bust? Just be aware that these are Australian domiciled funds, so are considered Foreign Investment Funds. Hatch is here to help you build long-term wealth. Their ultra low minimum investment amount of a single cent opens up the opportunity to start investing for almost anyone. Dynamic startups like. When thinking about investing, Exchange Traded Funds are an option everyone would opt for, that is why they are very popular and give an instant diversification to your portfolio. Most New Zealand Fund Managers also offer KiwiSaver funds, but I won’t cover these here. However, a lot of managers offer their funds on platforms like InvestNow and Sharesies, where the minimum investment amount is lower. Want to buy shares in some of the world's biggest brands? 1. Your guide to investing in shares, bonds, funds, and peer to peer lending in NZ, InvestNow vs Sharesies – Ultimate Fund Platform showdown and review. I have recently joined Stake so I can access US stocks, and went with Stake because they had no fees and I had a referral code which got me a free US share. It is a percentage of the total funds under management, for example, 0.25% or 1.50% per year. They have low minimum investment amounts, … So, investing in hatch is a good option if you are planning to buy shares of a single company. All three use the same dealer-broker infrastructure provided by DriveWealth. However, InvestNow’s interface isn’t the most user-friendly – while that should be fine for knowledgable investors, beginners might find it overwhelming. InvestNow vs Sharesies . Found this article helpful? Must-read Hatch-related guides. The trendy Sharesies platform offers around 40 funds – comprising mainly of Smartshares ETFs and a few ethical funds. Our easy to read custodian guide explains what you need to know. Further Reading:– Smartshares vs Simplicity vs AMP vs Kernel – NZ Share Index Fund shootout– Smartshares vs Vanguard vs AMP – International Share Index Fund shootout. This difference less important these days, because with Fund Platforms like InvestNow and Sharesies, you no longer have to go through the sharemarket to access ETFs. Fund Platforms are popular with all investor types (i.e. Last updated: May 6, 2020. Direct Broking offers the best value fees for big trades (i.e. NZ shares: Sharesies vs InvestNow vs Smartshares Launched in March 2017, InvestNow is an online investment platform based in New Zealand. Close. As the assets increase in value, so does the value of the investment. Simplicity offers New Zealand's lowest fee managed fund but isn't offered on InvestNow or Sharesies. Overseas, Vanguard has a much more comprehensive offering, with over $5 trillion under management across a huge range of funds and ETFs. ETF Issuers are pretty much the same as Fund Managers. Fund Platforms also provide investors with good online portals, allowing you to buy, sell, and view your investments at anytime and anywhere. Sharesies offers far fewer funds, but does offer ETFs and, unlike InvestNow, investors can hold individual company shares all on the one platform. The reason I'm asking is that I've been using InvestNow but I'm thinking of changing. I can't find anything written up, but maybe I've missed it. By Lisa Walter May 5, 2020 . InvestNow | Invest Online | KiwiSaver, Managed Funds & Term ... What happens to your investments if Hatch, Sharesies, Stake ... InvestNow | LinkedIn. All three of these platforms allow you to trade US stocks and ETFs on the US stock market, providing access to exchanges like the New York Stock Exchange and the NASDAQ. Interestingly, their non-Australasian ETFs simply invest in Vanguard and Blackrock ETFs, so they are really ETFs within an ETF! ... Hatch Full Review | How to buy US Shares and ETFs | New Zealand - Duration: 11:08. Update (15 July 2019) – Sharesies is now also included in the brokers section, as they have released the ability to buy and sell shares listed on the NZX. Platforms for US Share buying and selling include Hatch, Stake and, as of August 2020, Sharesies. They do not manage your funds – instead they act as a “middleman” between investors and Fund Managers. Andrew Munro . 2. Neither platforms offer, Comparing Platforms for US Share Buying and Selling (Hatch vs Stake vs Sharesies), Comparing New Zealand-based Fund Managers, Comparing New Zealand-based Share Broker Platforms, Comparing New Zealand-operated Fund Platforms, Barefoot Investor-friendly Financial Products in New Zealand. Markets – Sharesies is a platform through which investors can buy the listed Exchange-traded funds in NZX whereas Hatch is a platform through which the ETFs listed on the US market can be bought. Hatch review: Easy access to US shares. I compare three key aspects of Sharesies and Hatch to help you make an informed decision on which platform is better for your personal investment journey. Vanguard currently has two global share funds (Vanguard International Shares Select Exclusions Index Fund – NZD Hedged/Unhedged) accessible in the New Zealand market, and they are investor favourites, again due to their very low management fee. 11:08 . Their upfront brokerages fees are higher compared with Sharesies, but ASB does not charge an ongoing account fee. Hatch starts increasing its fee every time you trade more shares. Plus investing in individual companies requires research to ensure you’re getting into a sound investment. steve2222: This is quite a good blog for comparison of NZ based share fund offerings eg Sharesies… I am currently a uni student and intend to invest around $7000/$8000 into index funds. ​InvestNow, Sharesies, Hatch, ASB Securities and Direct Broking are well-known among New Zealand investors as online platforms for trading shares and buying funds. The Smartshares ETF you want is not offered on InvestNow or Sharesies e.g. But if you dig deeper, they are actually all quite different things, offering unique services and working in different ways: Below I’ll be explaining what each of these services do and offer, as well as giving a brief mention of the fees, minimum investment amount, and who they’re suitable for. Read our Comparing Sharesies vs Investnow vs Hatch and more guide. In addition to being a Fund Platform, they provide a brokerage service for shares listed on the NZX, New Zealand’s sharemarket. InvestNow doesn't charge any membership fees, which means the, There are a lot of options available to everyday New Zealanders looking to invest in shares or funds. Simplicity is an attractive choice among investors because of their super low fees. Hatch goes a step further than Sharesies by offering direct shares in companies listed on the New York Nasdaq index, such as Apple, Tesla and Google. Best of all, managing your investments is very easy with both Sharesies and InvestNow's user-friendly interface. Another thing to be aware of is that Hatch is not a true broker, as they do not allow you to trade directly on the sharemarket. If you want to buy Smartshares index funds you should do this through Sharesies, InvestNow or Superlife since you can buy fractional shares and … Worried about what happens to your investments if InvestNow collapsed or shut down? This means they offer a similar number of share and ETFs to invest in, but there are differences in the fees and features of each platform. New Zealand has a lot of Fund Management companies who invest your money on your behalf in different assets (like shares and bonds). Monique Law . The information should never be used without first assessing your own personal and financial situation, and conducting your own research. Investing . A wide selection of New Zealand Fund Managers, like Milford Asset Management and Pie Funds, are available on InvestNow. We link to other websites throughout this website, but take no responsibility for the content they publish. The platforms don't manage your investment; instead, they let you pick the fund(s) you want to invest in and pass the money onto the underlying fund manager. Each of these providers offers access to a different range of financial products. Get new investing articles in your inbox. For doing so, they charge investors a management fee which is a small percentage of the amount you have invested. I'm aware the other options are probably better but Sharesies has a nice easy to use interface and a minimal number of investment options which is less overwhelming for us novices. Sharesies offers far fewer funds, currently. You may wish to consult with an authorised financial adviser before making any investment decisions. You can buy Smartshares ETFs from the NZ sharemarket through a broker, or directly from Smartshares (note – ETFs bought directly from Smartshares must be sold via a broker). Posted by 8 months ago. Brokers allow you to buy and sell shares in individual companies on the sharemarket. For this, fund managers charge their investors something known as a 'management fee'. Share Brokers can be online-only (e.g. See Smartshares, Sharesies and InvestNow as examples. Smartshares is one of the main wholesale providers of index funds in NZ. Smartshares is the dominant ETF issuer in NZ with over 30 ETFs, and are owned by the operator of NZ’s sharemarket, NZX. In this video I compare the US share trading platforms; Stake, Sharesies and Hatch side-by-side. Let’s take a look at who owns the investments that you buy through these platforms, and what happens if the platform goes out of business. Both InvestNow and Sharesies are fund platforms. For example, while you can use Sharesies to invest in shares, ETFs and managed funds, InvestNow provides access to managed funds and term deposits. While we receive compensation when you click links to partners, they do not influence our content. There are heaps of Fund Managers out there, and they tend to require a few thousand dollars as a minimum investment if you invest in a fund directly through them. Sharesies is another popular option for New Zealand investors and is aimed at young people. InvestNow vs Sharesies – Ultimate Fund Platform showdown and ... InvestNow's Flexible KiwiSaver Scheme Review. 10 Top Investments for Young New Zealanders, Investing in the US Stock Market from New Zealand, Barefoot Investor-Friendly Financial Products in New Zealand. They have low minimum investment amounts, making investing very accessible to ordinary people. Because there are foreign exchange fees for funding each platform (from New Zealand dollars), there are a few differences. The great thing with sharesies is that it gives you access to buy investments from as little as $5 (compared with InvestNow’s $250 minimum, or $50 when recurring). While we receive compensation when you click links to partners, they do not influence our content. That is unless: Further Reading:– Building an investment portfolio – Simplicity vs InvestNow. The content of this article is based on my personal opinion and should not be considered financial advice. They are all fantastic options for Kiwis wanting to invest, but it is often difficult and confusing for investors to decide which one to sign up for and use. They charge brokerage fees whenever you make a trade (buy or sell something). Hatch only offers US-listed companies, but we've included it here as it is an NZ-based share brokerage platform, and continued to prove popular. Hatch charges 0.5%, where as Stake charges 1%. They don’t charge any account fees, making it a frequently recommended choice for investors (they make money by charging Fund Managers to list their funds on the platform). Thanks to fractional investing, no minimum amounts, and our low fees, you can start investing with as much or as little as you like. So what kind of service should you use? There are also no brokerage fees and free withdrawals at any time, and any amount. The information on this website does not constitute financial advice in any form. InvestNow, Sharesies, Simplicty, Vanguard, SuperLife, Smartshares, Hatch, and ASB Securities. ​. CrashAndBurn: I have some term deposits maturing next month and would like to give investing in shares a try as the current rates with banks are not good (my current TD is at 5.5%). Sharesies is known for having a simple, beginner-friendly user interface, however, this nice online portal doesn’t become cheap – they charge investors a subscription fee if your account value is over $50. Sharesies Review: Share trading made easy. Sharesies vs Investnow | New Zealand - Duration: 10:25. We compare Hatch, Stake and Sharesies side-by-side below: InvestNow offers the widest number of managed funds doesn't charge a platform fee.​. Does anyone have any thoughts on the pros and cons and what kind of investor should use which platform? I think Sharesies is aimed at financial cabbages like me. Comparing Platforms for US Share Buying and Selling (Hatch vs Stake vs Sharesies) Platforms for US Share buying and selling include Hatch, Stake and, as of August 2020, Sharesies. ASB Securities is a traditional broker allowing you to buy and sell shares in companies listed on the NZ sharemarket (NZX) and Australian sharemarket (ASX). US shares: Stake vs Hatch vs Sharesies; NZ shares: Sharesies vs InvestNow vs Smartshares; Stake, Hatch and Sharesies are three popular online investing platforms. Hatch vs Stake - Mid/Long Term Index Funds. So in both cases, a magnitude change in expense ratio results (0.34% vs 0.03%) in a magnitude change in fees paid ($2053.20 vs $207.37), and a magnitude change in lost compounding ($4216 vs $499)- which makes intuitive sense. ​We cannot accept liability for any decision made based on our information. Subscribe to get new Money King NZ articles in your inbox. Simplicity has five different fund options (Conservative, Balanced, Growth, NZ Share, NZ Bond). However, you must change your NZD to USD before buying anything through Hatch, and to do this they’ll charge you a 50bps fee on the exchange rate. An Australian platform, Stake, is also testing its product in New Zealand and plans to launch in coming months. Also unlike Sharesies, shares bought through ASB can be held in your own name. Keen to start building your investment portfolio with Sharesies? Unfortunately these ETF issuers don’t offer anything in the New Zealand market. Discussion about Sharesies vs InvestNow vs SuperLife vs something else? Read our Comparing Sharesies vs Investnow vs Hatch and more guide to find out more about popular investment options. This may introduce additional tax implications to you. Sharesies vs InvestNow vs Smartshares: Available markets. With Hatch, you have lost $499 compared to the ROI without fees, and with InvestNow you have lost $4216. It’s Sharesies again. This gives you access to the dirt cheap Vanguard and Blackrock ETFs, as well as individual companies like Apple, Facebook, Netflix, and Tesla. Visit our Sharesies vs Hatch vs Stake Guide; Worried about what happens to your investments if Sharesies collapsed or shut down? Sharesies offers an experience very similar to Hatch and Stake, the difference being ongoing membership fees and percentage-of-trade-value based fees (vs Hatch's fixed trade etc). Hatch offers an all-inclusive pricing system which covers all regulatory fee costs, and has the second-lowest FX fees. Hatch vs. Sharesies vs. Investnow etc. Sharesies and InvestNow are the two most prominent New Zealand-based Fund Platforms, and we compare them side-by-side below: let you invest in many fund managers without the minimum investment that many fund manager usually charge if you go direct. Comparing these three, InvestNow offer the cheapest option. the SuperLife NZ Top 50 Fund invests exclusively in the Smartshares NZ Top 50 ETF). Share Share Twitter Pinterest. We can't guarantee everything contained on this website will be perfect - you use the information contained on our website and all social channels at your own risk.​. Sharesies doesn't charge a fee for buying index funds but has an annual fee, and SuperLife often charge more than InvestNow. InvestNow offers the widest number of funds and ETFs, and doesn't charge a platform fee. Discussion about Sharesies vs InvestNow vs SuperLife vs something else? Hatch vs Sharesies – Which Is Better? InvestNow offers over 120 funds on its platform, from 20 Fund Managers/issuers including AMP, Smartshares, and Vanguard. Comparing Sharesies vs Investnow vs Hatch and more, Top 10 New Zealand Personal Finance Experts, Trusted Insurance Brokers in Christchurch, American Express Airpoints Platinum Review, Best Foreign Currency Debit & Credit Cards, TransferWise International Money Transfer Review, Renting Directly to Tenants vs Using an Agent, Trusted Mortgage Brokers in Napier and Hastings, Fixed or Floating Mortgage Rate Calculator, How to Check Your KiwiSaver Contributions, New Zealand Defence Force KiwiSaver Scheme, 65+ Best Online Shopping Websites in New Zealand, The Complete Guide to Renting in New Zealand, Hardship Assistance - Urgent Costs and Living Expense Assistance, Student Job Interview Questions and Answers. Hatch or another platform collapsed or shut down to start building your investment you ’ re into. Invest online | KiwiSaver, managed funds does n't charge a platform which holds your and... Hatch with InvestNow, Sharesies, managed funds does n't charge a which. 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