You have fifteen minutes to enter the security code, when logging in. After that you will have to request a new code. You can do this by either logging in again or click the link to request a new code.
The Invest page contains the following information for each fund:
We will be in touch with you prior to the expiry date of the document(s) you have used for the AML verification process, and will advise you to repeat the AML verification process with your new documents.
You will hear from us approximately one month prior to your original documents expiring, and will have one month, after the expiry date of the original documents, in which to complete the AML verification. If you do not complete this within the month, your account may be suspended until the task is completed […]
There are four different member types for InvestNow:
Each member type can have either Authoriser permissions (has full delegated authority and access to the account and all functionality) or view-only where they are unable to process any transactions.
You have the option of either having distributions paid as cash into your Transaction Account or reinvested to purchase additional units in the relevant fund.
This preference is applied to all Funds in your InvestNow account.
Macquarie Asset Management
The Macquarie Income Generator Fund pays a fixed monthly distribution. The distribution rate is reviewed on or around 1 April and 1 October each year, and unit-holders are advised by email of any change.
The following funds pay a half-yearly distribution, calculated on […]
The cut-off time for the receipt of buy or sell orders and cleared funds for all Funds is currently 12pm NZ time (Monday to Friday, excluding national public holidays).
If buy or sell orders are accepted before the cut-off time for a Fund on a valuation day, units will normally be issued or redeemed price determined at the end of that day.
Please note that this does not apply to Russell Investments, Antipodes Partners, Elevation Capital or Pie Funds:
There is no functionality offered on InvestNow to facilitate this. If you want to switch from one fund to another, you have to sell the first one, wait until the sale proceeds are in your Transaction Account and then buy the second fund.
Yes – if you chose a dollar value for the sale, the sale can be no lesser than the indicative unit price for one unit. If you chose to sell a number of units, it has to be for at least one unit in the fund.
The minimum cash withdrawal amount from InvestNow is $1.
Cleared funds are monies in your Transaction Account that have been desposited from your nominated account and are available for fund purchases.
Yes you can.
You can have more than one account and you can be linked with more than one account – for example:
Mike wants to operate a Family Trust account plus a Joint account for him and his wife Julie. Mike can be linked to both accounts and can use the same e-mail address for both, although InvestNow will have to help with the set up when one e-mail address is linked to more than one account.