To buy Managed Funds you need to have cleared funds in your InvestNow Transaction Account – you deposit money in your InvestNow Transaction Account from your nominated bank account (see FAQ for more details).
Note that the minimum investment amount for Managed Funds purchases is $50, when part of a Regular Investment Plan, or $250 for one-off investments. For Term Deposits the minimum amount you must invest differs for each bank. Please visit our TDs page for more information.
- Login to your account
- Go to the “Fund Selector” page
- Using the search criteria, or simply scrolling down the list, find the fund you want to invest in, click the fund and then click the green “Invest now” button
- Enter the dollar amount you wish to invest (note – you need to have at least this amount of available cash in your Transaction Account. Also, some funds may charge an exit or entry fee, in which case these fees would be deducted from the amount you wish to invest).
- Click the Download link to read the Product Disclosure document
- Read the Disclosure document
- Click the check box to show that you have read, understood and accepted the latest Investment Statement or Product Disclosure document
- Click the “Invest” button
If you want to cancel your Buy order, you can select the “Cancel” link beside your Buy order on the “Orders” page.
Note that you can cancel a Buy order up until 12pm of the current business day. Where you have placed an order on a non-business day, you can cancel the order up until 12pm of the next business day.