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 Buy & Sell page
- Using the search and filtering options, scroll down the list to find the fund you want to invest in and click the Buy 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.
- Some funds may charge an buy or sell transaction fee, which will be deducted from the amount you wish to invest – this will be displayed as you enter the amount you wish to invest.
- Click the Product Disclosure link to download it.
- Read the Disclosure document
- Click the check box to show that you have read, understood and accepted the Product Disclosure document
- Click the Buy button and then the Confirm button.
If you want to cancel your Buy order, you can select the Cancel button beside your order on the Pending Instructions page.
Note that you can cancel any 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.