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. Iâve picked two popular ETF, NZ Top 50 and US 500, to run an analysis for 60 months (5 years). SmartShares USF came out on top with no annual fee and lower management cost. 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. However, their fees is not all that cheap. Low fees, 100% online, passively managed index funds. 17. All my money is in ETF or low-cost passive index fund. Sharesies has an auto-invest feature that lets you set-and-forget investments into a Global, Responsible, or DIY order. Smartshares is focused on ongoing investor education. If you have any questions please contact us at email@example.com, or on 0800 80 87 80. I invested money in Milford Unit Trust PIE Funds (mainly growth) and have been doing rather well! Sharesies is rolling out their trial run (a.k.a beta) investments options couple weeks ago. 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. I would say the Sharesies beta cannot build a portfolio at Simplicity level. 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. The great thing with sharesies is that it gives you access to buy investments from as little as $5 (compared with InvestNowâs $250 minimum, or $50 when recurring). They have low minimum investmeâ¦ I’ve been telling readers to spend $12/year on Superlife as they have a better user interface and functions over SmartShares. That leaves just Sharesies and Superlife as available fund providers. Investing. 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). The second option is to trade shares in â¦ The different to Superlife is $41.5, 0.9%. Ethical KiwiSaver and non-KiwiSaver funds. Find out more. I Just found this on Superlife’s website… https://superlife.co.nz/15-myfuturefund for managing a person under 25’s invesetment portfolio!! Posted by 1 year ago. SuperLife: You can also access all of these Smartshares ETFs via SuperLife. The difference between SmartShares and Sharesies is $163.34, 3.3%. The analysis will compare the result on different contribution level(low and high contribution) for all three services. greater efficiency, PIE status, greater flexibility. Paper statements fee - you will only be charged this fee if you choose to receive statements and other SuperLife communications in paper form. Due to the small amount of holding, the lower management cost (0.35%) did not cover the higher annual fee ($30) with Sharesies. I am planning to do for my kid and will write a blog post about it in the future. Meaning the fund is not too heavily reliant on the top 10 companies. Jo. PS. steve2222: This is quite a good blog for comparison of NZ based share fund offerings eg Sharesies, SmartShares, Superlife â¦ Sharesies can only beat SuperLife at the user interface and ease-of-use. I donât think New Zealand needs another comparator.) Sharesies is a New Zealand financial start-up company, supported by Kiwibank Fintech Accelerator. The main selling point of Sharesies is by paying a $30 annual fee, an â¦ Check out the screenshots below. Iâve picked two popular ETF, NZ Top 50 and US 500, to run an analysis for 60 months (5 years). Basically which platform do you use and why? This is the amount of high contribution and expected return. Thereâs also an order suited to kids, only available via a Kids Account. Sharesies vs SuperLife & SmartShares. 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. Agree, SuperLife’s function and usability are way better than Sharesies. Very invormative website, thanks Alpha. They do not manage your funds â instead they act as a âmiddlemanâ between investors and Fund Managers. Although both services have the same management cost, Sharesies charge $30/year admin fee which brings down the balance. 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. That leaves just Sharesies and Superlife as available fund providers. Simplicity offer packages of funds which include numerous index funds (global and domestic). ", New comments cannot be posted and votes cannot be cast, More posts from the PersonalFinanceNZ community. Just after reading this article, Do you think Superlife or Sharesies is better, and what are your thoughts on Invest Now? For more details, take a look at our SuperLife review. On the other hand, SuperLife also offers the same ETF in their investment fund with a different management cost. I assume your three kids are under 18. InvestNow vs Sharesies . Hi there, we are looking to invest around 10,000 for our three kids in each of their names. 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. 502 posts Ultimate Geek # 240786 26-Sep-2018 09:13. Lower fees than Sharesies and the minimum contribution can be just $ 1 or on 80. Fund as i think the extra fees are not justified in the portfolio and how it compares to platforms! With $ 5 the same ETF in their investment fund with low and! Be a better options year too be posted and votes can not build a simple portfolio it bypasses the 30! Choose to receive statements and other SuperLife communications in paper form beginner investor to invest, SmartShares in. Is another popular option for New Zealand such as â¦ InvestNow vs SuperLife vs something else investment. Million through Sharesies since its beta version launched in June 8.1 % 0.9 % sure Sharesies will continue improve! 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