Whether you’ve been investing for a while, or you’re new, you’ve probably heard of these popular New Zealand investment services. Found this article helpful? New Zealanders are spoilt for choice these days when it comes to investing options. When withdrawing your investment you’ll need to change the USD back to NZD, costing you another 50bps on the exchange rate. 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). The trendy Sharesies platform offers around 40 funds – comprising mainly of Smartshares ETFs and a few ethical funds. US shares: Stake vs Hatch vs Sharesies; NZ shares: Sharesies vs InvestNow vs Smartshares; Finder is committed to editorial independence. Fund Platforms are services that offer you access to a variety of different funds to invest in, sometimes described as a “Fund Supermarket”. All three use the same dealer-broker infrastructure provided by DriveWealth. Sharesies offers far fewer funds, but does offer ETFs and, unlike InvestNow, investors can hold individual company shares all on the one platform. This is usually a minimum fee (in dollars) or a percentage of the sale. 1. InvestNow | Invest Online | KiwiSaver, Managed Funds & Term ... What happens to your investments if Hatch, Sharesies, Stake ... InvestNow | LinkedIn. Andrew Munro . I can't find anything written up, but maybe I've missed it. By Lisa Walter May 5, 2020 . 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. See Smartshares, Sharesies and InvestNow as examples. Hatch and Sharesies both share a similar reputation when it comes to investing. This gives you access to the dirt cheap Vanguard and Blackrock ETFs, as well as individual companies like Apple, Facebook, Netflix, and Tesla. In rare instances, a provider will change a price or product before we've had a chance to update our information; double check prices first before making any decision. 2. This information took me a long time to track down, so I'm delivering it to you on a silver platter. Our values statement is simple: MoneyHub exists to give every New Zealander the information they need to make better financial decisions. Fund Platforms, such as Sharesies and InvestNow, offer several different funds you can invest in. Sharesies doesn't charge a fee for buying index funds but has an annual fee, and SuperLife often charge more than InvestNow. Their upfront brokerages fees are higher compared with Sharesies, but ASB does not charge an ongoing account fee. Sharesies vs Investnow | New Zealand - Duration: 10:25. 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. They do not manage your funds – instead they act as a “middleman” between investors and Fund Managers. 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! Most New Zealand Fund Managers also offer KiwiSaver funds, but I won’t cover these here. Fund platforms like InvestNow and Sharesies provide a service through which you can buy a large selection of funds (and in Sharesies’ case shares in individual companies). Simplicity has five different fund options (Conservative, Balanced, Growth, NZ Share, NZ Bond). What happens if a Fund Platform goes out of business? 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. 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. Stake offers a free service, with unlimited buying and selling, although it's foreign exchange fee is the highest. Worried about what happens to your investments if InvestNow, Sharesies, Hatch or another platform collapsed or shut down? For doing so, they charge investors a management fee which is a small percentage of the amount you have invested. 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. In this video I compare the US share trading platforms; Stake, Sharesies and Hatch side-by-side. Worried about what happens to your investments if Hatch … Hatch charges 0.5%, where as Stake charges 1%. 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 . We link to other websites throughout this website, but take no responsibility for the content they publish. Hatch vs Sharesies – Which Is Better? However, each platform tends to excel in a particular area, meaning overall the platforms are quite different. Sign up with this link, and you’ll get a bonus $5 in your account to invest! Henk Hustle Investing 2,737 views. 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. 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. Want to compare Hatch with InvestNow, Sharesies and other platforms? Our easy to read custodian guide explains what you need to know. However, buying and selling ETFs on the sharemarket is much more prevalent in countries like Australia where brokerage fees are cheaper, and the ETF selection is much greater. Sharesies Review: Share trading made easy. ​. Hatch is another Wellington based service owned by KiwiWealth, and they’ve recently reached over 10,000 investors. The information on this website does not constitute financial advice in any form. For example, while you can use Sharesies to invest in shares, ETFs and managed funds, InvestNow provides access to managed funds and term deposits. First Steps - What is an "index fund"? Smartshares is the dominant ETF issuer in NZ with over 30 ETFs, and are owned by the operator of NZ’s sharemarket, NZX. We compare Hatch, Stake and Sharesies side-by-side below: InvestNow offers the widest number of managed funds doesn't charge a platform fee.​. Fund Platforms are services that offer you access to a variety of different funds to invest in, sometimes described as a “Fund Supermarket”. 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%). Brokers allow you to buy and sell shares in individual companies on the sharemarket. Your guide to investing in shares, bonds, funds, and peer to peer lending in NZ, InvestNow vs Sharesies – Ultimate Fund Platform showdown and review. 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. Sharesies vs InvestNow vs Smartshares: Available markets. What you can do – with 5 term deposit tips, ← 4 things to know about investing in Equity Crowdfunding, Buying shares on the NZX – Sharesies vs ASB Securities and Direct Broking →, What I’ve been investing in – February 2020, Rights issues, share buybacks, and acquisitions – 5 things to know about Corporate Actions, Property vs Shares – The pros and cons of buying residential property, Due diligence on shares – How I evaluate companies before investing, How to invest in Australian shares from New Zealand, What I’ve been investing in – January 2020. Want to buy shares in some of the world's biggest brands? 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. Hatch does not have any minimum fee restrictions on its customers whereas stake imposes a restriction of $2 being the minimum fee. ​We cannot accept liability for any decision made based on our information. SuperLife offers 44 funds, investing almost entirely into Smartshares ETFs (e.g. 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. Hatch is a service that allows you to buy and sell shares and ETFs from the United States sharemarkets. So what kind of service should you use? It’s Sharesies again. US shares: Stake vs Hatch vs Sharesies; NZ shares: Sharesies vs InvestNow vs Smartshares; Stake, Hatch and Sharesies are three popular online investing platforms. ​Our priority is accurate information. 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. They do not manage your funds – instead they act as a “middleman” between investors and Fund Managers. Simplicity is an attractive choice among investors because of their super low fees. They have low minimum investment amounts, making investing very accessible to ordinary people. We are close enough that a massive number of brands and companies like Bunnings, Harvey Norman, Ryman Healthcare, and Xero have a strong Trans-Tasman presence. a sharemarket). InvestNow offers the widest number of funds and ETFs, and doesn't charge a platform fee. Smartshares is one of the main wholesale providers of index funds in NZ. 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. That is unless: Further Reading:– Building an investment portfolio – Simplicity vs InvestNow. Three investment platforms have entered the New Zealand market since 2017 - InvestNow, Sharesies and Hatch - through which people have invested a total of around $385 million. Comparing these three, InvestNow offer the cheapest option. Hatch is here to help you build long-term wealth. Simplicity offers New Zealand's lowest fee managed fund but isn't offered on InvestNow or Sharesies. Hatch vs Stake - Mid/Long Term Index Funds. Want to know h ow to trade or invest in the NZX? 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). 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. Our view is that Sharesies is best for those wanting smaller-sized investments and exposure to … Further Reading:– Smartshares vs Simplicity vs AMP vs Kernel – NZ Share Index Fund shootout– Smartshares vs Vanguard vs AMP – International Share Index Fund shootout. Share Brokers can be online-only (e.g. Get new investing articles in your inbox. Our easy to read custodian guide explains what you need to know. The platforms let you see the fund performance data and track the results. Hatch vs. Sharesies vs. Investnow etc. Posted by 8 months ago. Interestingly, their non-Australasian ETFs simply invest in Vanguard and Blackrock ETFs, so they are really ETFs within an ETF! In addition, a large collection of Smartshares ETFs can be found on InvestNow and Sharesies – which is probably the easier way to invest in these ETFs due to their lower fees and superior online portals. What happens to your money if InvestNow or Sharesies go bust? Fund Platforms also provide investors with good online portals, allowing you to buy, sell, and view your investments at anytime and anywhere. Stake vs Hatch (vs Sharesies) Investing. With Hatch, you have lost $499 compared to the ROI without fees, and with InvestNow you have lost $4216. What Happens If Your Investing Platform Shuts Down? steve2222: This is quite a good blog for comparison of NZ based share fund offerings eg Sharesies… InvestNow vs Sharesies – Ultimate Fund Platform showdown and ... InvestNow's Flexible KiwiSaver Scheme Review. Discussion about Sharesies vs InvestNow vs SuperLife vs something else? It allows Kiwis to invest in more than 140 NZ and global managed funds online, plus provides access to term deposits from 5 banks. We welcome your stories, tips and any feedback via. 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. Their ultra low minimum investment amount of a single cent opens up the opportunity to start investing for almost anyone. Want to compare Sharesies with Hatch and Stake for US Shares? Sharesies is another popular option for New Zealand investors and is aimed at young people. InvestNow vs Sharesies . Does anyone have experience changing a reasonable amount of money from one platform to another? However, InvestNow’s interface isn’t the most user-friendly – while that should be fine for knowledgable investors, beginners might find it overwhelming. 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. 10 Top Investments for Young New Zealanders, Investing in the US Stock Market from New Zealand, Barefoot Investor-Friendly Financial Products in New Zealand. Some Fund Managers also charge a fixed monthly or yearly account fee. you need to invest over $4,616 in the SuperLife Aussie Mid Cap Fund for it to work out cheaper than investing in the Smartshares ETF equivalent. NZ shares: Sharesies vs InvestNow vs Smartshares Launched in March 2017, InvestNow is an online investment platform based in New Zealand. 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. Our easy to read custodian guide explains what you need to know. 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). Direct Broking offers the best value fees for big trades (i.e. Best of all, managing your investments is very easy with both Sharesies and InvestNow's user-friendly interface. Investing . This may introduce additional tax implications to you. US shares: Stake vs Hatch vs Sharesies; NZ shares: Sharesies vs InvestNow vs Smartshares; Finder is committed to editorial independence. Read our Comparing Sharesies vs Investnow vs Hatch and more guide. Stake vs Hatch (vs Sharesies) Investing. 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. Our NZX in a Nutshell guide explains what you need to know. 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. the US Small Cap ETF. While we receive compensation when you click links to partners, they do not influence our content. However, a lot of managers offer their funds on platforms like InvestNow and Sharesies, where the minimum investment amount is lower. The Smartshares ETF you want is not offered on InvestNow or Sharesies e.g. Some of the ETF issuers are (click each o… 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. Last updated: Nov 12, 2020. They have low minimum investment amounts, … Fund Platforms are popular with all investor types (i.e. Thanks to fractional investing, no minimum amounts, and our low fees, you can start investing with as much or as little as you like. Fund Managers are the people who actually provide and manage the funds you invest in, taking your money and investing it into assets like shares and bonds. Also unlike Sharesies, shares bought through ASB can be held in your own name. Just be aware that these are Australian domiciled funds, so are considered Foreign Investment Funds. Discussion about Sharesies vs InvestNow vs SuperLife vs something else? Subscribe to get new Money King NZ articles in your inbox. I am mainly looking into the mid-long term of between 5 - 10 years and hoping to have made a good level of returns and take it out to pay back some of my student loan. 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