Home bias: Are Kiwi investors overexposed to the New Zealand economy?

Article written by Jason Choy, InvestNow Senior Portfolio Manager – July 2026

For many Kiwis, buying a home is the biggest financial decision you’ll ever make. It’s also likely to be one of the largest financial exposures you’ll have to the New Zealand economy.

Think about it.

Your income is tied to the New Zealand economy. Your house is tied to the New Zealand property market. Your KiwiSaver contributions come from a New Zealand employer.

None of that is inherently a bad […]

SpaceX and Mega IPOs: Navigating the Active Decisions behind Passive Investing

Article written by Jason Choy, InvestNow Senior Portfolio Manager – June 2026

2026 is shaping up to be the year of the mega IPO.

SpaceX has now entered public markets, with its first day of trading valuing the company at over $2 trillion USD. Both OpenAI and Anthropic have also confidentially filed paperwork for their own listings this year, which based off their latest private capital raises, would see each flirt with $1 trillion USD valuations.

Taken together, it represents one […]

KiwiSaver Tax Explained: Why timing matters more than you think

Article written by Jason Choy, InvestNow Senior Portfolio Manager – May 2026

Most New Zealanders know KiwiSaver is taxed.

Tax is a standard part of investing, but how it’s applied within KiwiSaver – and how it can shape long-term outcomes – isn’t always widely understood

Two features of New Zealand’s retirement system are particularly important in this regard. The first is the overall Taxed–Taxed–Exempt (TTE) structure that applies to KiwiSaver. The second is how investment earnings are taxed each year, particularly for […]

What You Might Not Realise About KiwiSaver Tax

KiwiSaver tax is often out of sight, which can make it easy to misunderstand or overlook. While it might feel complex, it follows a consistent framework that shapes how your savings grow over time. To help bring this to life, we asked Generate and Smart a series of questions about how KiwiSaver is taxed, the most common misconceptions, and what could make the biggest difference to long-term outcomes.

Greg Smith,
Investment […]

$3 billion invested – what it means for investors

Article written by Mike Heath, InvestNow, General Manager – April 2026

InvestNow has surpassed $3 billion in funds invested – a significant milestone that reflects the growing number of New Zealanders choosing to use the InvestNow platform to manage their investments, for their desired financial futures.

But beyond the number itself, we think it points to something more important: how Kiwis are choosing to invest, and what they value in a platform like InvestNow.

Built on trust

Around 40,000 New Zealanders manage their investment […]

How Investment Managers Think During a Market Crisis

When markets are volatile and costs are rising, it can feel like this time is completely different. But history shows that while the causes of crises change, the way they unfold often follows a familiar pattern. To help investors make sense of what’s happening beneath the headlines, we asked investment managers a series of stage‑based questions about how crises typically evolve, what matters at each point, and how long‑term investors can avoid reactionary decisions when […]

The Anatomy of a Crisis

Article written by Jason Choy, InvestNow, Senior Portfolio Manager – April 2026

Why every crisis feels different – but often follows a familiar path

Every market crisis feels unique in the moment. The headlines are alarming, the causes feel unprecedented, and the uncertainty can make even experienced Kiwi investors wonder whether “this time is different”.

Yet history tells us something important: while the trigger of each crisis differs, the sequence often rhymes.

By looking back at major crises like the Global Financial Crisis, the COVID-19 pandemic, and now […]

Gold and your Portfolio: What Kiwi investors should know in 2026

Article written by Jason Choy, InvestNow, Senior Portfolio Manager – March 2026

For thousands of years, gold has been a trusted store of value through wars, inflation, and financial panics. That reputation hasn’t dimmed in modern markets – if anything, it’s been reinforced over the last 12 months. With geopolitical tensions elevated – investors are increasingly interested in the precious metal and its role as a potential “safe haven” when uncertainty spikes.

In this article, we’ll look at how gold […]