Here’s a really comprehensive piece of analysis conducted by Nick at “Your Money Blueprint” where he compares InvestNow, SuperLife, Sharesies and Smartshares. In particular he looks at the impact of charges and fees on investors, at varying levels of investment, when they are investing in the US Top 500 fund. Well worth a read.
Almost a year ago to the day InvestNow asked its clients how they would respond if markets fell into bear territory: the answer was a collective ‘meh’.
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 […]
People invest for all manner of reasons but their goals can be boiled down to just two: income or growth.
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 […]
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 […]
As InvestNow founder, Anthony Edmonds, explained last month, mapping out your destination by working out your strategic asset allocation (SAA) is the first – and most important – step in planning an investment journey.
While an investor’s SAA helps describe the route, end-point and comfort levels of the proposed trip, an investor has to ultimately choose between different investment vehicles to translate their plan into action.
“Many investors are happy enough taking the bus; others might prefer to drive a car themselves,” Edmonds says. “Or for the thrill-seekers there’s always a motorbike.”
For […]
InvestNow has made it easy and cheap for New Zealanders to get to their investment destinations via a huge range of managed funds
But it doesn’t map out the route for them.
“And that’s because we started with the premise that most InvestNow clients would probably be experienced, self-directed investors – or even advisers,” InvestNow founder, Anthony Edmonds says.
However, Edmonds says a surprising number of novice investors have signed up to InvestNow with many of them searching for further guidance on how to build a diversified portfolio of funds.
“Clearly, InvestNow isn’t licensed […]
Take the mid 1970s, for example, when the NZ dollar out-flew the US greenback – the big bird of global currencies – by about 50 per cent.
But the days when NZ$1 could purchase US$1.50 are long gone. Since that ‘70s high-point, the Kiwi has plummeted back to earth hitting a low of about US40 cents early this century.
More recently the Kiwi has been flapping around erratically in a broad range of between US50 cents and over US80 cents.
The bizarre, unpredictable flight pattern […]
Property is the foundation of wealth for most New Zealanders. 
According to the latest data from the Reserve Bank of New Zealand (RBNZ), the value of all the country’s houses now surpasses $1 trillion (albeit with about a quarter of that tied up in debt).
KiwiSaver, by comparison, is getting on to about $50 billion – or 5 per cent of the residential property market.
Yet despite the national obsession with houses prices, relatively few Kiwis could claim to be ‘property investors’: most of […]
Article by InvestNow
The following are a few of the more common questions our customers ask us about PIE funds and PIE tax. This post does not constitute a warranty or advice. You should seek independent professional advice on investments, tax, legal and accounting matters.
A portfolio investment entity (PIE) fund is a type of New Zealand managed fund that invests the contributions from investors in […]
Let’s not kid ourselves, investment markets are chaotic, noisy and self-centred – just like children.
Over the long term, though, markets settle down into pattern-like behaviour that rewards the patient investor in proportion to risk. (Disclaimer: this argument cannot be applied to children under 18.)
Of course, in the midst of a market hissy-fit it’s a little more difficult to remember that this will all be worth it one day. And, for the first time in many years, markets are testing investor tolerance in 2018 with a series of public tantrums.
In February, […]