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. 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. 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. 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. 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. Smartshares is one of the main wholesale providers of index funds in NZ. Does anyone have any thoughts on the pros and cons and what kind of investor should use which platform? 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%). Investing . I think Sharesies is aimed at financial cabbages like me. 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. 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. In this video I compare the US share trading platforms; Stake, Sharesies and Hatch side-by-side. Hatch charges 0.5%, where as Stake charges 1%. Some of the ETF issuers are (click each o… Share Share Twitter Pinterest. Henk Hustle Investing 2,737 views. However, the minimum investment is high at $1,000, and their funds aren’t available on InvestNow or Sharesies, making Simplicity a much less accessible investment option. InvestNow offers over 120 funds on its platform, from 20 Fund Managers/issuers including AMP, Smartshares, and Vanguard. 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. SuperLife offers 44 funds, investing almost entirely into Smartshares ETFs (e.g. However, InvestNow’s interface isn’t the most user-friendly – while that should be fine for knowledgable investors, beginners might find it overwhelming. They do not manage your funds – instead they act as a “middleman” between investors and Fund Managers. 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. steve2222: This is quite a good blog for comparison of NZ based share fund offerings eg Sharesies… So, investing in hatch is a good option if you are planning to buy shares of a single company. InvestNow | Invest Online | KiwiSaver, Managed Funds & Term ... 5 Things to Know About InvestNow | Business Post Nigeria. InvestNow offers the widest number of funds and ETFs, and doesn't charge a platform fee. Further Reading:– InvestNow vs Sharesies – Ultimate Fund Platform showdown and review– What happens to your money if InvestNow or Sharesies go bust? 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. Their ultra low minimum investment amount of a single cent opens up the opportunity to start investing for almost anyone. Hatch starts increasing its fee every time you trade more shares. 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. Sharesies is another popular option for New Zealand investors and is aimed at young people. So what kind of service should you use? 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. Monique Law . Smartshares is the dominant ETF issuer in NZ with over 30 ETFs, and are owned by the operator of NZ’s sharemarket, NZX. 2. Discussion about Sharesies vs InvestNow vs SuperLife vs something else? New Zealanders are spoilt for choice these days when it comes to investing options. Interestingly, their non-Australasian ETFs simply invest in Vanguard and Blackrock ETFs, so they are really ETFs within an ETF! Sharesies vs InvestNow vs Smartshares: Available markets. Fund Platforms also provide investors with good online portals, allowing you to buy, sell, and view your investments at anytime and anywhere. those starting, occasional investors and expert-level) and don't have the high minimum investment levels that individual funds often charge. 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). Read our Comparing Sharesies vs Investnow vs Hatch and more guide. Sharesies offers the lowest fees for share trades up to $3,000 given there's no minimum transaction fee. We cannot accept liability for any decision made based on our information. 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 gives Kiwis easy access to the United States sharemarket, and with this access comes the opportunity to invest in 754different US domiciled ETFs!!! Retail investors have always been able to access local and global share markets. On the surface, they all have one thing in common – they all provide you with access to funds to invest in. The fund offered on SuperLife has cheaper management fees than the Smartshares ETF equivalent AND you are investing enough money to make the management fee savings cover the $12 annual fee e.g. Hatch and Sharesies both share a similar reputation when it comes to investing. Archived. 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. A wide selection of New Zealand Fund Managers, like Milford Asset Management and Pie Funds, are available on InvestNow. Platforms for US Share buying and selling include Hatch, Stake and, as of August 2020, Sharesies. ... Hatch Full Review | How to buy US Shares and ETFs | New Zealand - Duration: 11:08. 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. Last updated: Nov 12, 2020. 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. US shares: Stake vs Hatch vs Sharesies; NZ shares: Sharesies vs InvestNow vs Smartshares; Finder is committed to editorial independence. See Smartshares, Sharesies and InvestNow as examples. Worried about what happens to your investments if InvestNow collapsed or shut down? 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). 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. Keen to start building your investment portfolio with Sharesies? Further Reading:– Smartshares vs Simplicity vs AMP vs Kernel – NZ Share Index Fund shootout– Smartshares vs Vanguard vs AMP – International Share Index Fund shootout. Overseas, Vanguard has a much more comprehensive offering, with over $5 trillion under management across a huge range of funds and ETFs. Worried about what happens to your investments if InvestNow, Sharesies, Hatch or another platform collapsed or shut down? Hatch makes investing easy and rewarding for novices and experts. Hatch is another Wellington based service owned by KiwiWealth, and they’ve recently reached over 10,000 investors. Found this article helpful? Most New Zealand Fund Managers also offer KiwiSaver funds, but I won’t cover these here. 10 Top Investments for Young New Zealanders, Investing in the US Stock Market from New Zealand, Barefoot Investor-Friendly Financial Products in New Zealand. Because there are foreign exchange fees for funding each platform (from New Zealand dollars), there are a few differences. InvestNow vs Sharesies . 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. InvestNow vs Sharesies – Ultimate Fund Platform showdown and ... InvestNow's Flexible KiwiSaver Scheme Review. InvestNow, Sharesies, Hatch, ASB Securities and Direct Broking are well-known among New Zealand investors as online platforms for trading shares and buying funds. 0 Comments 1267 Views. InvestNow | Invest Online | KiwiSaver, Managed Funds & Term ... What happens to your investments if Hatch, Sharesies, Stake ... InvestNow | LinkedIn. 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. Each of these providers offers access to a different range of financial products. While we receive compensation when you click links to partners, they do not influence our content. Brokers allow you to buy and sell shares in individual companies on the sharemarket. All three use the same dealer-broker infrastructure provided by DriveWealth. The reason I'm asking is that I've been using InvestNow but I'm thinking of changing. Discussion about Sharesies vs InvestNow vs SuperLife vs something else? The platforms let you see the fund performance data and track the results. 11:08 . Fund Platforms are services that offer you access to a variety of different funds to invest in, sometimes described as a “Fund Supermarket”. 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. Hatch vs. Sharesies vs. Investnow etc. Hatch is here to help you build long-term wealth. This is usually a minimum fee (in dollars) or a percentage of the sale. Sign up with this link, and you’ll get a bonus $5 in your account to invest! the SuperLife NZ Top 50 Fund invests exclusively in the Smartshares NZ Top 50 ETF). Our easy to read custodian guide explains what you need to know. Our priority is accurate information. By Lisa Walter May 5, 2020 . We link to other websites throughout this website, but take no responsibility for the content they publish. 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.. Dynamic startups like. 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). They have low minimum investment amounts, … 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! Further Reading:– Buying shares on the NZX – Sharesies vs ASB Securities and Direct Broking. Andrew Munro . It is a percentage of the total funds under management, for example, 0.25% or 1.50% per year. Our view is that Sharesies is best for those wanting smaller-sized investments and exposure to … If you want to buy Smartshares index funds you should do this through Sharesies, InvestNow or Superlife since you can buy fractional shares and … 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. Sharesies offers far fewer funds, currently. This may introduce additional tax implications to you. Brokerage is cheap (compared to other NZX options), and they offer fractional shares, which means you can invest with any amount (compared to a minimum of ~$1,000 through other channels). It allows Kiwis to invest in more than 140 NZ and global managed funds online, plus provides access to term deposits from 5 banks. For doing so, they charge investors a management fee which is a small percentage of the amount you have invested. 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. They have low minimum investment amounts, making investing very accessible to ordinary people. US shares: Stake vs Hatch vs Sharesies; NZ shares: Sharesies vs InvestNow vs Smartshares; Finder is committed to editorial independence. 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. 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. 1. Stake vs Hatch (vs Sharesies) Investing. 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. Want to know h ow to trade or invest in the NZX? Worried about what happens to your investments if Hatch … 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. Share Brokers let you buy and sell individual shares, although a fee is charged every time you buy or sell. Sharesies offers far fewer funds, but does offer ETFs and, unlike InvestNow, investors can hold individual company shares all on the one platform. Instead, trades are done through DriveWealth, a platform which holds your shares and ETFs on your behalf. 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. This information took me a long time to track down, so I'm delivering it to you on a silver platter. Must-read Hatch-related guides. Our values statement is simple: MoneyHub exists to give every New Zealander the information they need to make better financial decisions. over $10,000), but is the most expensive for smaller trades. Best of all, managing your investments is very easy with both Sharesies and InvestNow's user-friendly interface. New Zealand has a lot of Fund Management companies who invest your money on your behalf in different assets (like shares and bonds). 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. What happens to your money if InvestNow or Sharesies go bust? But that’s where brokers come in (see below section). This gives you access to the dirt cheap Vanguard and Blackrock ETFs, as well as individual companies like Apple, Facebook, Netflix, and Tesla. 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). Hatch review: Easy access to US shares. The information should never be used without first assessing your own personal and financial situation, and conducting your own research. They charge brokerage fees whenever you make a trade (buy or sell something). With Hatch, you have lost $499 compared to the ROI without fees, and with InvestNow you have lost $4216. The trendy Sharesies platform offers around 40 funds – comprising mainly of Smartshares ETFs and a few ethical funds. The Smartshares ETF you want is not offered on InvestNow or Sharesies e.g. Comparing these three, InvestNow offer the cheapest option. Hatch vs Sharesies – Which Is Better? Want to compare Hatch with InvestNow, Sharesies and other platforms? Posted by 8 months ago. 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. And, as of August 2020, Sharesies Review | How to buy shares in some of the sale,... 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