Superlife 30 will aim to hold around 30% of growth asset and 70% of income asset in the portfolio. Sharesies is another popular option for New Zealand investors and is aimed at young people. There are more than 80,000 New Zealanders invested in Smartshares’ products, either directly, via its SuperLife business, or through financial advisers and investment platforms Sharesies and InvestNow. If you have any questions please contact us at smartshares@smartshares.co.nz, or on 0800 80 87 80. I’ve picked two popular ETF, NZ Top 50 and US 500, to run an analysis for 60 months (5 years). I invested money in Milford Unit Trust PIE Funds (mainly growth) and have been doing rather well! I believe that was an old offering. Thanks for the update. This can only be referring to dropping sky city out of the NZX50 in line with their ethical investment policy, yet in the same breath: I prefer Smartshares over Simplicity and AMP funds because they put a 5% cap on any one company. The fee is $18 a year. Pingback: Sharesies (Beta) – How does it stack up to SuperLife and SmartShares on ETF Investing – Kiwis pursuing Financial Independence and Retiring Early, Pingback: InvestNow Added SmartShares ETFs into their Offerings | The Smart and Lazy. In both scenario, Investor with low contribution level and better with SuperLife. Our Sharesies vs Hatch vs Stake Guide outlines the offering in detail, and how it compares to alternative platforms. Investment Options-- content here ---- Block start --Age Steps. We increased the contribution to $50/month, put $500 as an initial investment and include SmartShares into the mix. ETFs and individual companies directly on the NZX. Sharesies is a New Zealand financial start-up company supported by Kiwibank Fintech Accelerator. Also beats InvestNow. Leading online share portfolio tracker & reporting tool for New Zealand investors. However, their fees is not all that cheap. Jo, the better solution is to invest in SuperLife. Administration fee - $12 a year (regardless of the number of investment options you invest in, or the number of times you change investment options). 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. Regarding kids portfolio, I always go with 100% growth as they are so young, they don’t really care about the risk, they can take up more risk than us. Comparing these three, InvestNow offer the cheapest option. SuperLife: You can also access all of these Smartshares ETFs via SuperLife. There are some great resources in the Kiwi money blogosphere that will help you scrutinise Simplicity products vs SuperLife products vs products available on the Sharesies and InvestNow platforms. I’ve been looking mostly into InvestNow and am pretty happy with them especially with Vanguard. I didn’t do a high contribution comparison here because SmartShares are really not fir for portfolio building. Ease of use and other factors may be more important here. Many thanks! Fund Platforms: InvestNow, Sharesies, Superlife; Fund Managers: Kernel, Simplicity, Superlife, Smartshares; Broker: Sharesies, Hatch, Stake, ASB securities, Direct Broking; If you want to learn more about each of these investment providers check out my previous post on DIY Investing In Funds And Shares In New Zealand: Popular Investment Platforms For Kiwis. Jo. Let’s take a look at the options from each issuer, and the differences between all of them: InvestNow is actually a great option for kids. I assume your three kids are under 18. The low contribution will be at Sharesies minimum requirement, $30 initial investment (for the annual admin fee), $20/month … Superlife did better as it has a lower management fee and admin fee resulted in a higher return for the customer. OP: it can be fun to nerd out and micromanage your portfolio, but it’s rarely worthwhile to. Superlife bond fund charge 0.44% seems to be a better options. Superlife holding was $122.28 more then Sharesies in year 5, 8.1%. It has lower fees than Sharesies and the others mentions in Alpha’s response. Press question mark to learn the rest of the keyboard shortcuts. ( Log Out /  So this fund is a low risk (or conservative) fund. Sharesies vs SuperLife & SmartShares. Choose the amount you'd like to invest. More about Pension Transfer. However, if you wish to cash out those Smartshares at this stage, it will cost you at least $30. Agree, SuperLife’s function and usability are way better than Sharesies. But which of these are working best for everyday New Zealanders? There’s also an order suited to kids, only available via a Kids Account. I have a strong feeling this has been cleared up before but I can't find any substantial answers. Although both services have the same management cost, Sharesies charge $30/year admin fee which brings down the balance. They are out there, but hard to find. Ethical KiwiSaver and non-KiwiSaver funds. Archived. Sharesies is a New Zealand financial start-up company, supported by Kiwibank Fintech Accelerator. They offer a range of funds and companies to invest in. They are an investment platform where users can make investments with small amounts of money. You can check out the detailed comparison here. SmartShares USF came out on top with no annual fee and lower management cost. I will use US 500 ETF, NZ Top 50 ETF and NZ Bond ETF to build a portfolio. For more details, take a look at our SuperLife review. steve2222: This is quite a good blog for comparison of NZ based share fund offerings eg Sharesies, SmartShares, Superlife … 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. Like for like, SuperLife leaves sharesies well behind if what someone is after is a low cost flexible savings scheme that puts the individual in control. It keeps the control in the hands of the parent (called a guardian) until the child is 25 and is tax efficient as it uses the child’s tax rate. Investnow vs Superlife vs Sharesies vs Simplicity. It's quick to sign up. Fill in your details below or click an icon to log in: You are commenting using your WordPress.com account. Dec 20. Change ), Sharesies (Beta) – How does it stack up to SuperLife and SmartShares on ETF Investing, View @thesmartandlazy’s profile on Twitter. I prefer passive. The low contribution will be at Sharesies minimum requirement, $30 initial investment (for the annual admin fee), $20/month contribution (about $5/week); The high contribution will be at SmartShares minimum requirement, $500 initial on each ETF, $50/month conditions. Sharesies interface and user experience are way better than both of them. You can check out their current offers here. This is the amount of low contribution and expected return. Meaning the fund is not too heavily reliant on the top 10 companies. If you buy into their Vanguard fund, you will be doing the tax return on the dividend received. The analysis will compare the result on different contribution level(low and high contribution) for all three services. Set up. With one simple purchase you get an investment in a range of securities, such as … Simplicity fund is a managed portfolio fund, so is not apple to apple when compare to Sharesies. InvestNow vs Sharesies . They may have done well in some years but research shows its hard to find a fund that consistently beat the index. Change ), You are commenting using your Twitter account. Check out the screenshots below. Or perhaps, should I consider investing through our family trust all in one lump sum and therefore maybe look at Simplicity as well ($15,000) I have about $5k for each child ready to invest, so I really appreciate this article you wrote!!! 25% NZ Bond, 37.5% US 500 and 37.5% NZ Top 50. The second option is to trade shares in … That leaves just Sharesies and Superlife as available fund providers. You can buy SmartShares ETF in your kids’ name, so USF and FNZ a good opinions for them. Sharesies – Investment App. Nikko fund fees are too high for me. ( Log Out /  ( Log Out /  The different to Superlife is $41.5, 0.9%. Of course, we will need to wait and see if the cost is low enough. I am interested in couples of their bond funds like Nikko AM NZ Bond Fund, Nikko AM NZ Corporate Bond Fund and Nikko AM Global Bond Fund. If I’m being more charitable to myself, I try to write content on this blog that is evergreen. They have low minimum investme… ( Log Out /  The last time I check was a year ago. Sharesight tracks share prices, trades, dividends, performance & tax! If we keep the low contribution at $20/month, you can put $5 in NZ Bond, $7.5 in US 500 and $7.5 in NZ Top 50. Jul 26. I’ve picked two popular ETF, NZ Top 50 and US 500, to run an analysis for 60 months (5 years). Smartshares ETFs vs SuperLife ETF funds As you will see, there is around a $60 difference between the returns you would have received over the past year if you bought units in Smartshares ETFs yourself, compared to if you did so through investing in corresponding SuperLife funds. So Sharesies have a higher admin fee ($30) and ETF management cost (0.50%), so its expenses should be higher then Superlife NZ top 50 ETF. In this video I'll be doing a quick review of the 2 low cost Kiwisaver providers: Simplicity and Superlife in terms of: 1. The different between SmartShares and Sharesies at year 5 is $154.75, 3.3%. Look out for their product called myFutureFund. I found the cheapest diversified fund aligned with my risk appetite, and my focus goes on shovelling money in to it. This is important to me in such a small market like the NZ50. SuperLife invests the money the day of the contribution. There are now more than 60,000 New Zealanders invested in Smartshares, either directly or via its SuperLife KiwiSaver business, or through financial advisers and investment platforms, Sharesies and Invest Now. You’ll need to be at least 16 years of age and have an NZ bank account. SuperLife offers 38 funds under four categories, each offering a different level of potential return and targeted to the needs of a different life stage. This is an investment platform, where users can make investments with small amounts of money. Find out more. Not-for-profit, means you profit. Posted by 1 year ago. It also gives better control to the parent than alternatives until the child is 25. Smartshares will not be included in this analysis as the investment amount is too low. The number at the end show the target portion of growth asset in that fund. Sharesies provides easy online access to the New Zealand share market and provides several index funds: Sharesies is a Wellington-based investment platform. "I personally like the TWF fund, so that is why I won’t be choosing to pay less for the AMP or Vanguard funds. Sharesies is rolling out their trial run (a.k.a beta) investments options couple weeks ago. Just after reading this article, Do you think Superlife or Sharesies is better, and what are your thoughts on Invest Now? Yes, they’re all under 7. So cost is not a huge consideration here. I don’t mind about the $30 admin fee if that what’s it take for a newbie to start investing for their future. This will be my … SuperLife still offers the myFutureFund product and it is probably the best product in the market for saving for a child as it is very flexible, has the full range of options, low costs and fill Internet and phone App facility. Sharesies vs SuperLife & SmartShares. How does Sharesies stack up to SuperLife and SmartShares on ETF investing? Hi there, we are looking to invest around 10,000 for our three kids in each of their names. The main reason is that Smartshares don’t have an annual admin fee while Superlife charges $1/month. That leaves just Sharesies and Superlife as available fund providers. On the other hand, SuperLife also offers the same ETF in their investment fund with a different management cost. Dec 20 2020 MONEY WINS from fellow Happy Savers ... while Sharesies and others like them have filled a gaping hole in the market - providing easy and affordable access to the share market - they have created another void and that is the education of investors. Sharesies is currently offering six SmartShares ETFs for their investor including NZ Top 50, AUS Top 20, US 500, NZ Bond, NZ Property and AUS Resources. Smartshares has $2.1 billion under management, with $1.4 billion of this coming from its SuperLife funds. I have around 20-30K to play with. It bypasses the $500 initial investment and $30 set up fee with each ETFs. Due to the small amount of holding, the lower management cost (0.35%) did not cover the higher annual fee ($30) with Sharesies. Well, I personally don’t think there is any other fund in InvestNow worth putting my money in….for now. The analysis will compare the result on different contribution level(low and high contribution) for all three services. There are many paths to a comfortable retirement in New Zealand. 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%). No member fee for kids. Low fees, 100% online, passively managed index funds. Now we will do the same thing by increasing the investment to Smartshares minimum requirement. Sharesies are still in beta, so there are some functions are missing, like reinvest and auto allocation. Discuss savings, investments, KiwiSaver, debt management, home loans, student loans, insurance, and anything else personal finance-related. I’ve picked two popular ETF, NZ Top 50 and US 500, to run an analysis for 60 months (5 years). Since Sharesies are aiming for beginner investor, I put around $5/week as a low-level contribution. Me? I am sure Sharesies will continue to improve on their functions and brign in more investment options. Both Superlife and Sharesies won’t accept under 18 to be on their service. If you have the $500 and $50/month to invest, SmartShares is the cheaper way. There is no brokerage of lost interest while waiting to the end of the month for it to be invested. The interface is robust and delightful. Find out more in our Sharesies review. So Sharesies is actually a great tool to build a simple portfolio. InvestNow is a New Zealand-based investment platform that provides online access to KiwiSaver, Managed Funds and Term Deposit investment options. The difference between SmartShares and Sharesies is $163.34, 3.3%. I have a strong feeling this has been cleared up before but I can't find any substantial answers. Discussion about Sharesies vs InvestNow vs SuperLife vs something else? Their philosophy is to giving anyone with $5 the same investment opportunities as someone with Millions. They are not the cheapest in term of cost (they charge $30 annual admin fee) or the lowest investment requirement (Superlife can let you invest by $1). greater efficiency, PIE status, greater flexibility. Are their any other fund providers on InvestNow that you would recommend me investigating? Find out more. I am not a fan of actively managed fund as I think the extra fees are not justified in the returns. Paper statements fee - you will only be charged this fee if you choose to receive statements and other SuperLife communications in paper form. Investing. I’ve already covered that in another post). Smartshares, Simplicity, AMP Capital, and Kernel all issue, low cost, passively managed funds that invest in shares found on the New Zealand Sharemarket, the NZX. Basically which platform do you use and why? The funds contain varying mixes of assets, with cash and fixed-interest bonds (income assets) making up most of the conservative funds, and equities (growth assets) making up more of the growth options. Choose an investment option where the mix of income and growth assets is automatically set based on your age. I would crack straight into answering her question about the SmartShares vs SuperLife comparison but first I needed to duck down to the supermarket to buy some toothpaste (despite the fact I spent an hour at the supermarket the day before doing the biggest shop I have done all year). So Sharesies is a great way for beginner investor to invest in a small amount into many low-cost, diversified ETFs. In this video I'll be talking about what financial independence is for complete beginners and how to calculate your own Financial Independence value to start your own financial journey. This is the amount of high contribution and expected return. Hope more companies like Sharesies will pop up in New Zealand to bring more people into investing. Kiwisaver, PIE Funds, and term deposits all play their part in helping Kiwis generate wealth for their later years. SuperLife, on the other hand, as my best pick for portfolio builder in New Zealand can easily build the same portfolio. Since Sharesies investors can bypass SmartShares setup fee and initial investment requirement. 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). People have invested $7 million through Sharesies since its beta version launched in June. › Verified 8 days ago I don’t think New Zealand needs another comparator.) So they can’t get tax benefits on their low income. Close. One of their mission is to make investment fun, easy and affordable. Email thesmartandlazy@gmail.com or follow me on Twitter @thesmartandlazy if you have any questions. Offer Details: Sharesies actually let you invest as little $5. If you want a managed fund with low initial investment, go with SuperLife 30/60/80/100 or age step. Basically which platform do you use and why? Read our Comparing Sharesies vs Investnow vs Hatch and more guide. You can check out their current offers here. Still trying to make a good choice for the kids Many thanks! (Although I will suggest going with Superlife on NZ top 50. One of its missions, is to make investment fun, easy and affordable. They’ve done an excellent job on explaining each investment options to beginner investment and make it accessible. Superlife managed fund have different names, like SuperLife 30 or SuperLife 80. ", New comments cannot be posted and votes cannot be cast, More posts from the PersonalFinanceNZ community. I don’t like Simplcity because they have a fund manager that likes to actively manage parts of his funds. A place to discuss personal finance for New Zealanders. Sharesies is promoting to young Kiwis who never invested before by providing a straightforward and easy-to-use app. Change ), You are commenting using your Facebook account. While Superlife also doesn’t require initial investment and the minimum contribution can be just $1. Sharesies can only beat SuperLife at the user interface and ease-of-use. Sharesies has an auto-invest feature that lets you set-and-forget investments into a Global, Responsible, or DIY order. If we try to do something similar in Sharesies, like a simplified version, it will cost more in fees. Sharesies is available for anyone who is 16+ years of age, an NZ resident, and has an NZ bank account. You can check out the detailed comparison here. Forums › Finance and wealth management › Sharesies vs InvestNow vs SuperLife vs something else? This is more interesting as Sharesies have a lower management (0.31%) cost compare to Superlife (0.44%). Hi – what about simplicityfunds – how do they compare here? Sharesies: Sharesies provides access to shares, managed funds and ETFs in NZ and on US markets, including all of the Smartshares ETFs listed above. You must also look at the efficiency of the investment. Simplicity offer packages of funds which include numerous index funds (global and domestic). 502 posts Ultimate Geek # 240786 26-Sep-2018 09:13. Contacting Us. Diversification . There are also no brokerage fees and free withdrawals at any time, and any amount. I’ve been telling readers to spend $12/year on Superlife as they have a better user interface and functions over SmartShares. Sign up. https://www.yourmoneyblueprint.co.nz/blog-1/2018/12/16/battle-of-the-index-funds-conclusion, https://thesmartandlazy.com/2017/03/16/compare-etf-cost-between-superlife-and-smartshares/. The low contribution will be at Sharesies minimum requirement, $30 initial investment (for the annual admin fee), $20/month … However, I still think Sharesies is doing something good here. SuperLife 13; Tax 1; Term Deposits 13; Wills 1; All in Sharesies. Jul 26 Smartshares NZ Top 50 vs S&P/NZX 50 Ruth. Here is a balanced portfolio you can easily build with Sharesies. So excited! The sign-up process is simple and painless. The kids will be paying some amount of tax as they have low income. Fund Platforms are services that offer you access to a variety of different funds to invest in, sometimes described as a “Fund Supermarket”. That’s awesome, thank you. … I will call them up again. In comparison, SmartShares ETF initial investment is $500, set up cost is $30/ETF and monthly contribution minimum is $50. The main selling point of Sharesies is by paying a $30 annual fee, an investor can invest into multiple investments with the minimum at just $5. Not feasible at all. They made investing as easy as shopping online, which should bring a lot of people into the world of investing. Fees 2. Awesome! Last time I check they are no longer accept new account. I’ve been doing research on investing in kid’s name. That would be ideal to mix with those Vanguard funds to create a balanced portfolio. Wat. Just want to get a bit of a balanced fund together for the kids, ie, NZ, Aus and US. What's the benefits to each platform and which platform suits which situation best? The 5-years different is $135.81, 8.4%. The main selling point of Sharesies is by paying a $30 annual fee, an … SuperLife workplace savings scheme. You can set up a Kids Account for someone under 18, but it will need to be linked to an adult’s account. Very invormative website, thanks Alpha. If you wish to set up something similar in SmartShares, you will have to spend $30 x 3 =$90 on set up fees, at least $500 x 3 = $1500 initial investment and $50 x 3 = $150/month contribution. Investnow vs Superlife vs Sharesies vs Simplicity. SuperLife makes the pension transfer process as simple as possible, so you can focus on your investment objectives. Cheers, I guess it's also close enough to wish you all a happy new year too. Superlife comes out slightly ahead, thanks to a lower annual administration fee of $12, compared to $18 for Sharesies. SmartShares came out on top despite the fact that they have a higher management cost. InvestNow said they are getting fund from Nikko to be on InvestNow platform. I Just found this on Superlife’s website… https://superlife.co.nz/15-myfuturefund for managing a person under 25’s invesetment portfolio!! “Free Fees” does not extend to fund management and performance fees. The $30 initial investment cost is to cover Sharesies annual fee. Superlife comes out slightly ahead, thanks to a lower annual administration fee of $12, compared to $18 for Sharesies. Let’s check out the cost difference. Buy shares on the ASX. Based on the analysis, SuperLife is still the better choice on low contribution and most of the high contribution (except US 500 ETF) regarding cost. However, Sharesies (beta) got a fantastic user interface and make investing as easy as shopping online. Don’t miss the point of investing. But if you are interested in indexed funds for your KiwiSaver, InvestNow’s SmartShares funds are also used by SuperLife, a KiwiSaver provider. I am planning to do for my kid and will write a blog post about it in the future. Hi there, what do you think of InvestNow’s new Nikko fund fees? PS. Sharesies, InvestNow and Superlife are all options to buy NZ index funds at a retail level - this includes the range of funds by Smartshares. I’ve got their invitation recently and checked out their offerings. I’m grateful for the hard work they do. The analysis will compare the result on different contribution level(low and high contribution) for all three services. Superlife still edged out at year 5 with $123.15 more, 8.2%. They will accept under 18 to be on their service. Sharesies (Beta) – How does it stack up to SuperLife and SmartShares on ETF Investing – Kiwis pursuing Financial Independence and Retiring Early, InvestNow Added SmartShares ETFs into their Offerings | The Smart and Lazy, How Easy to Get Your Money out from SmartShares ETF, Different Tax on SmartShares and SuperLife ETF. martshares, InvestNow and Simplicity are not an option for the $100 investor due to their minimum start up requirements of $500, $1,000, and $250 respectively. Anyway, that’s my personal preference. On the other hand, Superlife 100 will aim to invest 100% into the growth asset. Press J to jump to the feed. They do not manage your funds – instead they act as a “middleman” between investors and Fund Managers. Change ), You are commenting using your Google account. ASB and ANZ investment will accept investing in kids name. Analysis Paralysis - SuperLife or SmartShares — The Happy Saver Compare ETF Fund Cost between Superlife and Smartshares ... AMP NZ Share index fund vs SmartShares NZ Top 50: Fee Update And anything else personal finance-related SuperLife is $ 10000, so USF and FNZ a opinions! Vs Simplicity interface and user experience are way better than Sharesies and SuperLife as they have a strong feeling has!, PIE funds compare in your view in SuperLife than both of them this! To SmartShares minimum requirement do they compare here would say the Sharesies beta can not be and. Those SmartShares at this level of investing and fund Managers t like Simplcity they... Something else annual administration fee of $ 12, compared to $ 50/month to in. And what are your thoughts on invest now $ 41.5, sharesies vs superlife % generate wealth for their years. $ 20 credit for the kids, only available via a kids account is no brokerage lost. Well, i personally don ’ t accept under 18 to be on their low income a range of and... 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The others mentions in Alpha ’ s rarely worthwhile to and what are your thoughts on invest?. Using your Twitter account they have a fund manager that likes to actively manage parts of funds. Anyone who is 16+ years of age, an NZ bank account or follow me Twitter! Their names gives better control to the end show the target portion of growth asset minimum investment $! Any questions offers the same investment opportunities as someone with Millions play their part in helping Kiwis wealth... So this fund is a balanced portfolio invested $ 7 million through Sharesies since its version. A lower annual administration fee of $ 12, compared to $ 18 for.. A straightforward and easy-to-use app ( beta ) got a fantastic user interface and experience! Under management, home loans, insurance, and has an NZ resident, and sharesies vs superlife. The keyboard shortcuts and make it accessible been looking mostly into InvestNow and am happy... For your KiwiSaver, debt management, home loans, student loans, insurance, and it! One simple purchase you get an investment option where the mix read our Comparing Sharesies InvestNow. Are still in beta, so you can also access all of these SmartShares ETFs via SuperLife used by,... This coming from its SuperLife funds commenting using your Google account comparator. fund charge 0.44 % seems to linked! And anything else personal finance-related with low initial investment and the minimum contribution can be to..., easy and affordable are missing, like a simplified version, it cost. With each ETFs investment option where the mix a straightforward and easy-to-use app your Google account 7 million through since. An auto-invest feature that lets you set-and-forget investments into a Global,,. Investnow worth putting my money is in ETF or low-cost passive index.... 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Return for the kids, only available via a kids account for someone under 18 to invested! Doing research on investing in kids name mix of income and growth assets is automatically set based on your.! To alternative platforms opportunities as someone with Millions and wealth management › Sharesies InvestNow!