Hi there, we are looking to invest around 10,000 for our three kids in each of their names. I would say the Sharesies beta cannot build a portfolio at Simplicity level. In both scenario, Investor with low contribution level and better with SuperLife. They do not manage your funds – instead they act as a “middleman” between investors and Fund Managers. InvestNow is actually a great option for kids. That would be ideal to mix with those Vanguard funds to create a balanced portfolio. Awesome! 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. Of course, we will need to wait and see if the cost is low enough. Sharesies: Sharesies provides access to shares, managed funds and ETFs in NZ and on US markets, including all of the Smartshares ETFs listed above. 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. I will use US 500 ETF, NZ Top 50 ETF and NZ Bond ETF to build a portfolio. Now we will do the same thing by increasing the investment to Smartshares minimum requirement. SuperLife makes the pension transfer process as simple as possible, so you can focus on your investment objectives. ( Log Out /  Me? I will call them up again. Investnow vs Superlife vs Sharesies vs Simplicity. Diversification . I invested money in Milford Unit Trust PIE Funds (mainly growth) and have been doing rather well! Also, there is a $20 credit for the early Beta investor. I found the cheapest diversified fund aligned with my risk appetite, and my focus goes on shovelling money in to it. Administration fee - $12 a year (regardless of the number of investment options you invest in, or the number of times you change investment options). 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. However, Smartshares is a listed pie which means everyone gets taxed at 28%. You’ll need to be at least 16 years of age and have an NZ bank account. (Although I will suggest going with Superlife on NZ top 50. ETFs and individual companies directly on the NZX. ", New comments cannot be posted and votes cannot be cast, More posts from the PersonalFinanceNZ community. SuperLife 13; Tax 1; Term Deposits 13; Wills 1; All in Sharesies. Hope more companies like Sharesies will pop up in New Zealand to bring more people into investing. In comparison, SmartShares ETF initial investment is $500, set up cost is $30/ETF and monthly contribution minimum is $50. I have around 20-30K to play with. More investor, bigger the market size, lower the cost! Kiwisaver, PIE Funds, and term deposits all play their part in helping Kiwis generate wealth for their later years. For more details, take a look at our SuperLife review. 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%). You can check out the detailed comparison here. Leading online share portfolio tracker & reporting tool for New Zealand investors. "I personally like the TWF fund, so that is why I won’t be choosing to pay less for the AMP or Vanguard funds. We increased the contribution to $50/month, put $500 as an initial investment and include SmartShares into the mix. So this fund is a low risk (or conservative) fund. If we try to do something similar in Sharesies, like a simplified version, it will cost more in fees. 25% NZ Bond, 37.5% US 500 and 37.5% NZ Top 50. Both Superlife and Sharesies won’t accept under 18 to be on their service. Wat. I don’t think New Zealand needs another comparator.) Choose the amount you'd like to invest. 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. Sharesies provides easy online access to the New Zealand share market and provides several index funds: Sharesies is a Wellington-based investment platform. So excited! Investing. Sharesies – Investment App. Superlife did better as it has a lower management fee and admin fee resulted in a higher return for the customer. CrashAndBurn. Low fees, 100% online, passively managed index funds. 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%. 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. SmartShares came out on top despite the fact that they have a higher management cost. You can check out their current offers here. 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. Hi – what about simplicityfunds – how do they compare here? Change ), You are commenting using your Google account. 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. ASB and ANZ investment will accept investing in kids name. Yes, they’re all under 7. Jul 26. Meaning the fund is not too heavily reliant on the top 10 companies. I’ve picked two popular ETF, NZ Top 50 and US 500, to run an analysis for 60 months (5 years). 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. You can set up a Kids Account for someone under 18, but it will need to be linked to an adult’s account. The low contribution will be at Sharesies minimum requirement, $30 initial investment (for the annual admin fee), $20/month … 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. “Free Fees” does not extend to fund management and performance fees. Here is a balanced portfolio you can easily build with Sharesies. Sharesies is promoting to young Kiwis who never invested before by providing a straightforward and easy-to-use app. There is no brokerage of lost interest while waiting to the end of the month for it to be invested. Ease of use and other factors may be more important here. ( Log Out /  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. Dec 20. 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. 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. Sharesies interface and user experience are way better than both of them. Sharesight tracks share prices, trades, dividends, performance & tax! So Sharesies is a great way for beginner investor to invest in a small amount into many low-cost, diversified ETFs. Sharesies, InvestNow and Superlife are all options to buy NZ index funds at a retail level - this includes the range of funds by Smartshares. Not-for-profit, means you profit. They are out there, but hard to find. Last time I check they are no longer accept new account. Agree, SuperLife’s function and usability are way better than Sharesies. But if you are interested in indexed funds for your KiwiSaver, InvestNow’s SmartShares funds are also used by SuperLife, a KiwiSaver provider. steve2222: This is quite a good blog for comparison of NZ based share fund offerings eg Sharesies, SmartShares, Superlife … Fill in your details below or click an icon to log in: You are commenting using your WordPress.com account. 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. Find out more in our Sharesies review. Offer Details: Sharesies actually let you invest as little $5. Nikko fund fees are too high for me. Sharesies is a New Zealand financial start-up company supported by Kiwibank Fintech Accelerator. Sharesies is a New Zealand financial start-up company, supported by Kiwibank Fintech Accelerator. The interface is robust and delightful. There are also no brokerage fees and free withdrawals at any time, and any amount. Sign up. Discussion about Sharesies vs InvestNow vs SuperLife vs something else? So they can’t get tax benefits on their low income. Just want to get a bit of a balanced fund together for the kids, ie, NZ, Aus and US. How do ETFs and managed PIE funds compare in your view? 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. On the other hand, Superlife 100 will aim to invest 100% into the growth asset. Superlife 30 will aim to hold around 30% of growth asset and 70% of income asset in the portfolio. The fee is $18 a year. When you compare products, it is also important to understand the administration service, the reporting, the ability to change strategies, the flexibility around withdrawals, how it can be integrated with other investments including KiwiSaver. You can buy SmartShares ETF in your kids’ name, so USF and FNZ a good opinions for them. Basically which platform do you use and why? ( Log Out /  Although both services have the same management cost, Sharesies charge $30/year admin fee which brings down the balance. Well, I personally don’t think there is any other fund in InvestNow worth putting my money in….for now. Superlife holding was $122.28 more then Sharesies in year 5, 8.1%. The main selling point of Sharesies is by paying a $30 annual fee, an … The analysis will compare the result on different contribution level(low and high contribution) for all three services. Comparing these three, InvestNow offer the cheapest option. In this video I'll be doing a quick review of the 2 low cost Kiwisaver providers: Simplicity and Superlife in terms of: 1. I’m grateful for the hard work they do. Are their any other fund providers on InvestNow that you would recommend me investigating? Archived. I am not a fan of actively managed fund as I think the extra fees are not justified in the returns. Forums › Finance and wealth management › Sharesies vs InvestNow vs SuperLife vs something else? 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!!! InvestNow said they are getting fund from Nikko to be on InvestNow platform. Due to the small amount of holding, the lower management cost (0.35%) did not cover the higher annual fee ($30) with Sharesies. Sharesies is another popular option for New Zealand investors and is aimed at young people. Simplicity fund is a managed portfolio fund, so is not apple to apple when compare to Sharesies. However, Sharesies (beta) got a fantastic user interface and make investing as easy as shopping online. Sharesies is rolling out their trial run (a.k.a beta) investments options couple weeks ago. If you have any questions please contact us at smartshares@smartshares.co.nz, or on 0800 80 87 80. On the other hand, SuperLife also offers the same ETF in their investment fund with a different management cost. Change ), You are commenting using your Twitter account. Cheers, I guess it's also close enough to wish you all a happy new year too. The analysis will compare the result on different contribution level(low and high contribution) for all three services. Very invormative website, thanks Alpha. 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 While Superlife also doesn’t require initial investment and the minimum contribution can be just $1. I’ve already covered that in another post). Sharesies can only beat SuperLife at the user interface and ease-of-use. Paper statements fee - you will only be charged this fee if you choose to receive statements and other SuperLife communications in paper form. Jul 26 Smartshares NZ Top 50 vs S&P/NZX 50 Ruth. The difference between SmartShares and Sharesies is $163.34, 3.3%. If you want a managed fund with low initial investment, go with SuperLife 30/60/80/100 or age step. I assume your three kids are under 18. The sign-up process is simple and painless. A place to discuss personal finance for New Zealanders. 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. Look out for their product called myFutureFund. The low contribution will be at Sharesies minimum requirement, $30 initial investment (for the annual admin fee), $20/month … Check out the screenshots below. ( Log Out /  All my money is in ETF or low-cost passive index fund. They may have done well in some years but research shows its hard to find a fund that consistently beat the index. 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. I didn’t do a high contribution comparison here because SmartShares are really not fir for portfolio building. I prefer passive. Superlife comes out slightly ahead, thanks to a lower annual administration fee of $12, compared to $18 for Sharesies. Their philosophy is to giving anyone with $5 the same investment opportunities as someone with Millions. They’ve done an excellent job on explaining each investment options to beginner investment and make it accessible. I’ve been looking mostly into InvestNow and am pretty happy with them especially with Vanguard. Many thanks! SuperLife: You can also access all of these Smartshares ETFs via SuperLife. Don’t miss the point of investing. Jo. Our Sharesies vs Hatch vs Stake Guide outlines the offering in detail, and how it compares to alternative platforms. People have invested $7 million through Sharesies since its beta version launched in June. I’ve picked two popular ETF, NZ Top 50 and US 500, to run an analysis for 60 months (5 years). Not feasible at all. However, their fees is not all that cheap. I don’t mind about the $30 admin fee if that what’s it take for a newbie to start investing for their future. It's quick to sign up. Investing. I’ve been doing research on investing in kid’s name. Smartshares is focused on ongoing investor education. Change ), You are commenting using your Facebook account. Ethical KiwiSaver and non-KiwiSaver funds. 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. 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 Sharesies . Superlife managed fund have different names, like SuperLife 30 or SuperLife 80. Find out more. This is important to me in such a small market like the NZ50. The main reason is that Smartshares don’t have an annual admin fee while Superlife charges $1/month. 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). Contacting Us. On the other hand, Simplicity non-KiwiSaver fund initial minimum investment is $10000, so that is not a fund for beginner investor. I have a strong feeling this has been cleared up before but I can't find any substantial answers. You can check out the detailed comparison here. 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. 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/. This is an investment platform, where users can make investments with small amounts of money. That’s awesome, thank you. 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. … If I’m being more charitable to myself, I try to write content on this blog that is evergreen. 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. 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. I am sure Sharesies will continue to improve on their functions and brign in more investment options. InvestNow is a New Zealand-based investment platform that provides online access to KiwiSaver, Managed Funds and Term Deposit investment options. 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. Choose an investment option where the mix of income and growth assets is automatically set based on your age. Smartshares has $2.1 billion under management, with $1.4 billion of this coming from its SuperLife funds. Anyway, that’s my personal preference. This will be my … Press J to jump to the feed. One of its missions, is to make investment fun, easy and affordable. They are an investment platform where users can make investments with small amounts of money. Fund Platforms are services that offer you access to a variety of different funds to invest in, sometimes described as a “Fund Supermarket”. 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. That leaves just Sharesies and Superlife as available fund providers. › Verified 8 days ago This is the amount of high contribution and expected return. Also beats InvestNow. Sharesies is available for anyone who is 16+ years of age, an NZ resident, and has an NZ bank account. You must also look at the efficiency of the investment. They made investing as easy as shopping online, which should bring a lot of people into the world of investing. Read our Comparing Sharesies vs Investnow vs Hatch and more guide. So Sharesies is actually a great tool to build a simple portfolio. You can check out their current offers here. Find out more. This is the amount of low contribution and expected return. Sharesies vs SuperLife & SmartShares. The different between SmartShares and Sharesies at year 5 is $154.75, 3.3%. Sharesies vs SuperLife & SmartShares. No member fee for kids. There are many paths to a comfortable retirement in New Zealand. I am planning to do for my kid and will write a blog post about it in the future. Let’s check out the cost difference. How does Sharesies stack up to SuperLife and SmartShares on ETF investing? The $30 initial investment cost is to cover Sharesies annual fee. I’ve got their invitation recently and checked out their offerings. The number at the end show the target portion of growth asset in that fund. I have a strong feeling this has been cleared up before but I can't find any substantial answers. Jo, the better solution is to invest in SuperLife. However, I still think Sharesies is doing something good here. 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). Simplicity offer packages of funds which include numerous index funds (global and domestic). Set up. Basically which platform do you use and why? They offer a range of funds and companies to invest in. However, if you wish to cash out those Smartshares at this stage, it will cost you at least $30. The 5-years different is $135.81, 8.4%. Beginner investor time i check they are an investment platform actually a great for. Someone under 18, but hard to find, such as … InvestNow vs Sharesies child is 25 longer New! 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Stage, it will cost you at least $ 30 Google account found on... Years ), trades, dividends, performance & tax compare the result on different contribution level and with. Interested in indexed funds for your KiwiSaver, PIE funds ( Global and domestic ) packages sharesies vs superlife and.