Diversification . I prefer passive. If I’m being more charitable to myself, I try to write content on this blog that is evergreen. The second option is to trade shares in … I don’t think New Zealand needs another comparator.) 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. Since Sharesies are aiming for beginner investor, I put around $5/week as a low-level contribution. Discuss savings, investments, KiwiSaver, debt management, home loans, student loans, insurance, and anything else personal finance-related. Press J to jump to the feed. Superlife did better as it has a lower management fee and admin fee resulted in a higher return for the customer. Hi – what about simplicityfunds – how do they compare here? At this level of investing we are looking at just a $240 difference over 30 years. InvestNow is actually a great option for kids. 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. Choose an investment option where the mix of income and growth assets is automatically set based on your age. Anyway, that’s my personal preference. I will use US 500 ETF, NZ Top 50 ETF and NZ Bond ETF to build a portfolio. 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. Sharesies is a New Zealand financial start-up company, supported by Kiwibank Fintech Accelerator. Sign up. Fill in your details below or click an icon to log in: You are commenting using your WordPress.com account. On the other hand, SuperLife also offers the same ETF in their investment fund with a different management cost. Jul 26. Sharesies is rolling out their trial run (a.k.a beta) investments options couple weeks ago. Sharesies is another popular option for New Zealand investors and is aimed at young people. Contacting Us. That leaves just Sharesies and Superlife as available fund providers. So Sharesies is a great way for beginner investor to invest in a small amount into many low-cost, diversified ETFs. In comparison, SmartShares ETF initial investment is $500, set up cost is $30/ETF and monthly contribution minimum is $50. InvestNow vs Sharesies . Superlife 30 will aim to hold around 30% of growth asset and 70% of income asset in the portfolio. 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. 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. Me? Basically which platform do you use and why? Sharesies has an auto-invest feature that lets you set-and-forget investments into a Global, Responsible, or DIY order. Sharesies provides easy online access to the New Zealand share market and provides several index funds: Sharesies is a Wellington-based investment platform. This is the amount of low contribution and expected return. Last time I check they are no longer accept new account. In both scenario, Investor with low contribution level and better with SuperLife. Find out more in our Sharesies review. 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. Change ), You are commenting using your Google account. SuperLife, on the other hand, as my best pick for portfolio builder in New Zealand can easily build the same portfolio. Superlife bond fund charge 0.44% seems to be a better options. › Verified 8 days ago They have low minimum investme… 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. Basically which platform do you use and why? Many thanks! The analysis will compare the result on different contribution level(low and high contribution) for all three services. Sharesies is available for anyone who is 16+ years of age, an NZ resident, and has an NZ bank account. Jo. SuperLife workplace savings scheme. The difference between SmartShares and Sharesies is $163.34, 3.3%. Read our Comparing Sharesies vs Investnow vs Hatch and more guide. The different between SmartShares and Sharesies at year 5 is $154.75, 3.3%. Administration fee - $12 a year (regardless of the number of investment options you invest in, or the number of times you change investment options). However, if you wish to cash out those Smartshares at this stage, it will cost you at least $30. I am not a fan of actively managed fund as I think the extra fees are not justified in the returns. ( Log Out /  This is the amount of high contribution and expected return. 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. Offer Details: Sharesies actually let you invest as little $5. So Sharesies is actually a great tool to build a simple portfolio. The fee is $18 a year. SuperLife 13; Tax 1; Term Deposits 13; Wills 1; All in Sharesies. Superlife still edged out at year 5 with $123.15 more, 8.2%. You’ll need to be at least 16 years of age and have an NZ bank account. 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. I believe that was an old offering. You can check out the detailed comparison here. I Just found this on Superlife’s website… https://superlife.co.nz/15-myfuturefund for managing a person under 25’s invesetment portfolio!! Their philosophy is to giving anyone with $5 the same investment opportunities as someone with Millions. 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. There are also no brokerage fees and free withdrawals at any time, and any amount. Close. You can check out their current offers here. While Superlife also doesn’t require initial investment and the minimum contribution can be just $1. Sharesight tracks share prices, trades, dividends, performance & tax! 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. Sharesies is promoting to young Kiwis who never invested before by providing a straightforward and easy-to-use app. There are many paths to a comfortable retirement in New Zealand. Choose the amount you'd like to invest. The low contribution will be at Sharesies minimum requirement, $30 initial investment (for the annual admin fee), $20/month … 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’ve been telling readers to spend $12/year on Superlife as they have a better user interface and functions over SmartShares. 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). Find out more. Not-for-profit, means you profit. greater efficiency, PIE status, greater flexibility. Just want to get a bit of a balanced fund together for the kids, ie, NZ, Aus and US. I am sure Sharesies will continue to improve on their functions and brign in more investment options. 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/. They are out there, but hard to find. A place to discuss personal finance for New Zealanders. Also, there is a $20 credit for the early Beta investor. Low fees, 100% online, passively managed index funds. How does Sharesies stack up to SuperLife and SmartShares on ETF investing? SuperLife invests the money the day of the contribution. PS. 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. Sharesies vs SuperLife & SmartShares. “Free Fees” does not extend to fund management and performance fees. Jul 26 Smartshares NZ Top 50 vs S&P/NZX 50 Ruth. 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. Smartshares has $2.1 billion under management, with $1.4 billion of this coming from its SuperLife funds. steve2222: This is quite a good blog for comparison of NZ based share fund offerings eg Sharesies, SmartShares, Superlife … How do ETFs and managed PIE funds compare in your view? However, their fees is not all that cheap. I found the cheapest diversified fund aligned with my risk appetite, and my focus goes on shovelling money in to it. Sharesies – Investment App. So this fund is a low risk (or conservative) fund. Let’s take a look at the options from each issuer, and the differences between all of them: Superlife holding was $122.28 more then Sharesies in year 5, 8.1%. 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. For more details, take a look at our SuperLife review. If you want a managed fund with low initial investment, go with SuperLife 30/60/80/100 or age step. If you have any questions please contact us at smartshares@smartshares.co.nz, or on 0800 80 87 80. They do not manage your funds – instead they act as a “middleman” between investors and Fund Managers. CrashAndBurn. SuperLife makes the pension transfer process as simple as possible, so you can focus on your investment objectives. With one simple purchase you get an investment in a range of securities, such as … So cost is not a huge consideration here. 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. They may have done well in some years but research shows its hard to find a fund that consistently beat the index. It also gives better control to the parent than alternatives until the child is 25. Superlife comes out slightly ahead, thanks to a lower annual administration fee of $12, compared to $18 for Sharesies. The kids will be paying some amount of tax as they have low income. But if you are interested in indexed funds for your KiwiSaver, InvestNow’s SmartShares funds are also used by SuperLife, a KiwiSaver provider. Ease of use and other factors may be more important here. I will call them up again. Leading online share portfolio tracker & reporting tool for New Zealand investors. SmartShares came out on top despite the fact that they have a higher management cost. Let’s check out the cost difference. I’ve got their invitation recently and checked out their offerings. Fees 2. 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. I have around 20-30K to play with. Dec 20. They’ve done an excellent job on explaining each investment options to beginner investment and make it accessible. However, I still think Sharesies is doing something good here. 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. "I personally like the TWF fund, so that is why I won’t be choosing to pay less for the AMP or Vanguard funds. Smartshares is focused on ongoing investor education. What's the benefits to each platform and which platform suits which situation best? Cost: $30 annual fee. You can check out the detailed comparison here. Sharesies, InvestNow and Superlife are all options to buy NZ index funds at a retail level - this includes the range of funds by Smartshares. Sharesies are still in beta, so there are some functions are missing, like reinvest and auto allocation. 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 Investing. 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. Meaning the fund is not too heavily reliant on the top 10 companies. Awesome! Change ), Sharesies (Beta) – How does it stack up to SuperLife and SmartShares on ETF Investing, View @thesmartandlazy’s profile on Twitter. You can set up a Kids Account for someone under 18, but it will need to be linked to an adult’s account. The analysis will compare the result on different contribution level(low and high contribution) for all three services. Due to the small amount of holding, the lower management cost (0.35%) did not cover the higher annual fee ($30) with Sharesies. SmartShares USF came out on top with no annual fee and lower management cost. On the other hand, Superlife 100 will aim to invest 100% into the growth asset. Sharesies is a New Zealand financial start-up company supported by Kiwibank Fintech Accelerator. … Check out the screenshots below. Wat. Sharesies interface and user experience are way better than both of them. Sharesies: Sharesies provides access to shares, managed funds and ETFs in NZ and on US markets, including all of the Smartshares ETFs listed above. (Although I will suggest going with Superlife on NZ top 50. On the other hand, Simplicity non-KiwiSaver fund initial minimum investment is $10000, so that is not a fund for beginner investor. Simplicity offer packages of funds which include numerous index funds (global and domestic). In this video I'll be doing a quick review of the 2 low cost Kiwisaver providers: Simplicity and Superlife in terms of: 1. Change ), You are commenting using your Facebook account. Press question mark to learn the rest of the keyboard shortcuts. All my money is in ETF or low-cost passive index fund. 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. 17. The 5-years different is $135.81, 8.4%. Discussion about Sharesies vs InvestNow vs SuperLife vs something else? InvestNow said they are getting fund from Nikko to be on InvestNow platform. Investing. The last time I check was a year ago. I’ve picked two popular ETF, NZ Top 50 and US 500, to run an analysis for 60 months (5 years). It bypasses the $500 initial investment and $30 set up fee with each ETFs. Although both services have the same management cost, Sharesies charge $30/year admin fee which brings down the balance. Superlife ’ s New Nikko fund fees the month for it to be on their service the benefits to platform... Job on explaining each investment options you all a happy New year too performance fees have! 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