An Investor is the entity (Individual, Joint, Trust or NZ Company) that has an account with InvestNow. A member is an individual, or individuals, that have access to the Investor account. Members can perform one of a number of roles and can have a number of permissions.
For deposits to your InvestNow transaction account, you can expect the funds to be available by 9am the following business day, if you complete the payment from your nominated account during business hours on the prior business day and if the correct reference code has been used. Note that this depends on processing times for your bank (our bank is BNZ) and that deposits made during the weekend may not be processed until Tuesday morning.
For withdrawals from your InvestNow transaction account to your nominated bank account, the cut-off is 4pm for […]
Each time you login, we shall send you a unique one-time-use code – this is known as the Passcode. You can nominate to have the Passcode sent to you as an e-mail or as a text message.
It is the additional layer of security we have applied to the login process.
To login to your InvestNow account you need the following three items:
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.
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:
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.
Yes you can.
Please request the off-market transfer request here. We will then prepare an off-market transfer form and email it to you (using the email address already linked to your InvestNow account) for you to sign and return to us. Please note that the original signed copy of the form may be required.