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. The number at the end show the target portion of growth asset in that fund. Paper statements fee - you will only be charged this fee if you choose to receive statements and other SuperLife communications in paper form. 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. InvestNow is actually a great option for kids. Just after reading this article, Do you think Superlife or Sharesies is better, and what are your thoughts on Invest Now? Jo. This will be my … So they can’t get tax benefits on their low income. 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 Sharesight tracks share prices, trades, dividends, performance & tax! Find out more in our Sharesies review. In this video I'll be doing a quick review of the 2 low cost Kiwisaver providers: Simplicity and Superlife in terms of: 1. Email thesmartandlazy@gmail.com or follow me on Twitter @thesmartandlazy if you have any questions. I will use US 500 ETF, NZ Top 50 ETF and NZ Bond ETF to build a portfolio. The different to Superlife is $41.5, 0.9%. ASB and ANZ investment will accept investing in kids name. Superlife bond fund charge 0.44% seems to be a better options. You can set up a Kids Account for someone under 18, but it will need to be linked to an adult’s account. They will accept under 18 to be on their service. 17. So this fund is a low risk (or conservative) fund. In comparison, SmartShares ETF initial investment is $500, set up cost is $30/ETF and monthly contribution minimum is $50. Hope more companies like Sharesies will pop up in New Zealand to bring more people into investing. You can check out the detailed comparison here. Very invormative website, thanks Alpha. Archived. That would be ideal to mix with those Vanguard funds to create a balanced portfolio. 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. However, Smartshares is a listed pie which means everyone gets taxed at 28%. The $30 initial investment cost is to cover Sharesies annual fee. Just want to get a bit of a balanced fund together for the kids, ie, NZ, Aus and US. Cheers, I guess it's also close enough to wish you all a happy new year too. It also gives better control to the parent than alternatives until the child is 25. I would say the Sharesies beta cannot build a portfolio at Simplicity level. SuperLife invests the money the day of the contribution. The analysis will compare the result on different contribution level(low and high contribution) for all three services. Since Sharesies investors can bypass SmartShares setup fee and initial investment requirement. If we try to do something similar in Sharesies, like a simplified version, it will cost more in fees. Ethical KiwiSaver and non-KiwiSaver funds. I don’t think New Zealand needs another comparator.) This is important to me in such a small market like the NZ50. Although both services have the same management cost, Sharesies charge $30/year admin fee which brings down the balance. Let’s take a look at the options from each issuer, and the differences between all of them: 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. However, their fees is not all that cheap. Sharesies is promoting to young Kiwis who never invested before by providing a straightforward and easy-to-use app. Close. Let’s check out the cost difference. I believe that was an old offering. 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). 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). Smartshares has $2.1 billion under management, with $1.4 billion of this coming from its SuperLife funds. I’ve been doing research on investing in kid’s name. This is an investment platform, where users can make investments with small amounts of money. ( Log Out /  How do ETFs and managed PIE funds compare in your view? This is more interesting as Sharesies have a lower management (0.31%) cost compare to Superlife (0.44%). People have invested $7 million through Sharesies since its beta version launched in June. It bypasses the $500 initial investment and $30 set up fee with each ETFs. Sharesies is another popular option for New Zealand investors and is aimed at young people. I assume your three kids are under 18. Low fees, 100% online, passively managed index funds. That leaves just Sharesies and Superlife as available fund providers. Still trying to make a good choice for the kids Many thanks! Both Superlife and Sharesies won’t accept under 18 to be on their service. Thanks for the update. Change ), You are commenting using your Facebook account. I’ve been telling readers to spend $12/year on Superlife as they have a better user interface and functions over SmartShares. Jul 26. It has lower fees than Sharesies and the others mentions in Alpha’s response. 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. Set up. We increased the contribution to $50/month, put $500 as an initial investment and include SmartShares into the mix. 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. What's the benefits to each platform and which platform suits which situation best? 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. Superlife holding was $122.28 more then Sharesies in year 5, 8.1%. Superlife 30 will aim to hold around 30% of growth asset and 70% of income asset in the portfolio. The different between SmartShares and Sharesies at year 5 is $154.75, 3.3%. However, I still think Sharesies is doing something good here. They have low minimum investme… Agree, SuperLife’s function and usability are way better than Sharesies. Also, there is a $20 credit for the early Beta investor. Investing. I am planning to do for my kid and will write a blog post about it in the future. If you buy into their Vanguard fund, you will be doing the tax return on the dividend received. So Sharesies is actually a great tool to build a simple portfolio. 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. While Superlife also doesn’t require initial investment and the minimum contribution can be just $1. 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/. You can buy SmartShares ETF in your kids’ name, so USF and FNZ a good opinions for them. Not feasible at all. Choose an investment option where the mix of income and growth assets is automatically set based on your age. 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!!! They exclude unethical companies and i’m not willing to sacrifice performance for ethical reasons. I found the cheapest diversified fund aligned with my risk appetite, and my focus goes on shovelling money in to it. Not-for-profit, means you profit. 502 posts Ultimate Geek # 240786 26-Sep-2018 09:13. Of course, we will need to wait and see if the cost is low enough. 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 Just found this on Superlife’s website… https://superlife.co.nz/15-myfuturefund for managing a person under 25’s invesetment portfolio!! Hi – what about simplicityfunds – how do they compare here? Fees 2. Sharesies – Investment App. 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. There are also no brokerage fees and free withdrawals at any time, and any amount. Read our Comparing Sharesies vs Investnow vs Hatch and more guide. Meaning the fund is not too heavily reliant on the top 10 companies. 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. 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. For more details, take a look at our SuperLife review. Dec 20. I’ve picked two popular ETF, NZ Top 50 and US 500, to run an analysis for 60 months (5 years). 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. You must also look at the efficiency of the investment. The sign-up process is simple and painless. I’ve already covered that in another post). The last time I check was a year ago. Press J to jump to the feed. Fund Platforms are services that offer you access to a variety of different funds to invest in, sometimes described as a “Fund Supermarket”. Simplicity fund is a managed portfolio fund, so is not apple to apple when compare to Sharesies. OP: it can be fun to nerd out and micromanage your portfolio, but it’s rarely worthwhile to. So Sharesies is a great way for beginner investor to invest in a small amount into many low-cost, diversified ETFs. 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. Due to the small amount of holding, the lower management cost (0.35%) did not cover the higher annual fee ($30) with Sharesies. 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. But if you are interested in indexed funds for your KiwiSaver, InvestNow’s SmartShares funds are also used by SuperLife, a KiwiSaver provider. 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. You can check out their current offers here. 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? Contacting Us. 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. SuperLife: You can also access all of these Smartshares ETFs via SuperLife. Wat. ETFs and individual companies directly on the NZX. The main selling point of Sharesies is by paying a $30 annual fee, an … In both scenario, Investor with low contribution level and better with SuperLife. If I’m being more charitable to myself, I try to write content on this blog that is evergreen. Smartshares is focused on ongoing investor education. The kids will be paying some amount of tax as they have low income. Discussion about Sharesies vs InvestNow vs SuperLife vs something else? If you have any questions please contact us at smartshares@smartshares.co.nz, or on 0800 80 87 80. Superlife comes out slightly ahead, thanks to a lower annual administration fee of $12, compared to $18 for Sharesies. Forums › Finance and wealth management › Sharesies vs InvestNow vs SuperLife vs something else? I’ve been looking mostly into InvestNow and am pretty happy with them especially with Vanguard. 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. Sharesies vs SuperLife & SmartShares. The interface is robust and delightful. I’ve got their invitation recently and checked out their offerings. There’s also an order suited to kids, only available via a Kids Account. I’ve picked two popular ETF, NZ Top 50 and US 500, to run an analysis for 60 months (5 years). On the other hand, Superlife 100 will aim to invest 100% into the growth asset. (Although I will suggest going with Superlife on NZ top 50. Sharesies interface and user experience are way better than both of them. Look out for their product called myFutureFund. If you have the $500 and $50/month to invest, SmartShares is the cheaper way. Smartshares will not be included in this analysis as the investment amount is too low. 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. There are many paths to a comfortable retirement in New Zealand. Don’t miss the point of investing. "I personally like the TWF fund, so that is why I won’t be choosing to pay less for the AMP or Vanguard funds. They do not manage your funds – instead they act as a “middleman” between investors and Fund Managers. Sharesies: Sharesies provides access to shares, managed funds and ETFs in NZ and on US markets, including all of the Smartshares ETFs listed above. ( Log Out /  They are an investment platform where users can make investments with small amounts of money. Sharesies is a New Zealand financial start-up company, supported by Kiwibank Fintech Accelerator. Sharesies is rolling out their trial run (a.k.a beta) investments options couple weeks ago. I’ve picked two popular ETF, NZ Top 50 and US 500, to run an analysis for 60 months (5 years). The analysis will compare the result on different contribution level(low and high contribution) for all three services. 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. Superlife still edged out at year 5 with $123.15 more, 8.2%. Sharesies, InvestNow and Superlife are all options to buy NZ index funds at a retail level - this includes the range of funds by Smartshares. However, Sharesies (beta) got a fantastic user interface and make investing as easy as shopping online. Investment Options-- content here ---- Block start --Age Steps. Find out more. On the other hand, Simplicity non-KiwiSaver fund initial minimum investment is $10000, so that is not a fund for beginner investor. The second option is to trade shares in … Superlife managed fund have different names, like SuperLife 30 or SuperLife 80. 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. 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. Offer Details: Sharesies actually let you invest as little $5. This is the amount of high contribution and expected return. Investnow vs Superlife vs Sharesies vs Simplicity. Also beats InvestNow. 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. 25% NZ Bond, 37.5% US 500 and 37.5% NZ Top 50. They offer a range of funds and companies to invest in. So excited! Nikko fund fees are too high for me. › Verified 8 days ago You can check out their current offers here. InvestNow said they are getting fund from Nikko to be on InvestNow platform. With one simple purchase you get an investment in a range of securities, such as … Kiwisaver, PIE Funds, and term deposits all play their part in helping Kiwis generate wealth for their later years. All my money is in ETF or low-cost passive index fund. Jul 26 Smartshares NZ Top 50 vs S&P/NZX 50 Ruth. 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). Jo, the better solution is to invest in SuperLife. SuperLife workplace savings scheme. Press question mark to learn the rest of the keyboard shortcuts. Diversification . Administration fee - $12 a year (regardless of the number of investment options you invest in, or the number of times you change investment options). 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. But which of these are working best for everyday New Zealanders? SuperLife 13; Tax 1; Term Deposits 13; Wills 1; All in Sharesies. 37.5 % NZ Bond, 37.5 % NZ Bond, 37.5 % US 500 ETF, NZ 50... A bit of a balanced fund together for the kids many thanks through Sharesies since its beta version in. Looking to invest in a higher management cost my money is sharesies vs superlife ETF or low-cost passive index.. 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