1Rates are valid as at 12:00pm 19th December 2018
Kiwis like their offshore travel.
According to the latest data from Statistics NZ, almost 264,000 New Zealanders jetted overseas during October 2017 – up about 33,000 compared to the previous October and close to 100,000 above the figure for the same month in 2007.
Perhaps that familiarity with the foreign is why Kiwis are also happy enough to ship their money to global destinations, unaccompanied. Figures from the Reserve Bank of NZ (RBNZ) show the wholesale managed funds market consisted of over $96 billion as at the end of September this year, […]
We are really pleased to announce the addition of SBS Bank Term Investments to InvestNow.
Firmly aligned to our strategy of empowering Kiwi investors to manage their investments in one place and with the least amount of hassle, our Term Deposit offering is a natural complement for managed funds.
Shaun Drylie, SBS chief executive officer, mirrors our strategy when he said the bank is “very excited to be integrating with such an innovative New Zealand company like InvestNow”. “It’s a great fit for both businesses as we’re both focused on helping […]
We are really pleased to announce that we now offer traditional bank Term Deposits (TDs) to InvestNow customers!
Starting initially with the BNZ, over the next few months we will be bringing TDs to InvestNow from a number of banks who operate here in New Zealand.
In support of this launch the BNZ are offering some compelling rates*:
- 1 month at 1.84%
- 3 months at 2.75%
- 6 months at 3.30%
- 9 months at 3.41%
- 1 year at 3.52%
*Rates valid as at 12pm […]
Over recent weeks we have added new funds from Harbour Asset Management and Fisher Funds:
- Diversified fund
- 1.41% fee
- Diversified fund
- 1.53% fee
Here is what the team at Fisher Funds had to say about them:
“The Fisher Funds Conservative Fund is a diversified portfolio that aims to provide moderate protection for your investment, while also providing a modest level of return over the […]
The-then theoretical prospect of a crash didn’t appear to bother most InvestNow clients: just 3 per cent of those surveyed said they would sell out of share funds if equity markets dropped by 30 per cent in a couple of weeks.
Investors, though, don’t usually win medals for bravery in the face of theory. And for […]
In practice, of course, most investors will want a mix of both income and growth in proportions according to their risk appetite and specific life situation.
Growth assets tend to be ‘riskier’ investments such as shares while NZ investors have historically derived much of their income from the ‘safe’ haven of bank term deposits (TDs).
But the division between ‘income’ and ‘growth’ assets is […]
The number one request we receive from customers is with regards to improving the Performance Page, and in particular displaying the performance of individual funds in a portfolio, and not simply the portfolio as a whole.
We’ve heard the message loud and clear and we can tell you that it’s coming, albeit it not until the first quarter of next year. We have a number of enhancements and developments underway, with this being one of them.
We appreciate your […]
Before 2007 fund investors in NZ were served up the financial equivalent of meatloaf: returns and tax were baked together into one unappetising lump according to the antiquated legislative recipe of the day.
Unsurprisingly, in those dark days many retail investors preferred home-made direct portfolios of shares and fixed interest assets over the uniform concoction of meat and sawdust dished up by the tax-challenged managed fund industry.
But in 2007 the Labour government rewrote the fund tax recipe […]
It’s been a while since we added new funds, but over the next couple of months you will see a string of new funds and new managers available on InvestNow.
Starting in September, we will expand the offering from Fisher Funds:
Fisher Funds Conservative Fund
“The Fisher Funds Conservative Fund is a diversified portfolio that aims to provide moderate protection for your investment, while also providing a modest level of return over the short to medium term. It invests in mainly income assets (target […]