It is important to note that the investments that can be held through the service are subject to change.
If you hold an investment and a decision is taken, by InvestNow or the Investment Manager, to no longer offer it on InvestNow, we work through the required actions, and options, with you.
Prior to investing in any Fund you should read the disclosure material and research the Fund to ensure that it meets your specific investment needs.
It is good practice to get independent advice from an Authorised Financial Adviser (AFA) before making any investment. Note that the team at InvestNow Saving and Investment Service are unable to provide you with financial advice.
Websites such as sorted.org.nz are also a useful resource. Visit their “Investing & savings guide” for helpful information.
Once logged into your account, the Dashboard page shows you all the key headline information about your portfolio.
InvestNow is an online experience so we will not send you any statements in the mail.
When we prepare statements for you, for example at the end of the tax period, we shall upload these into your “My Documents” page. Once there you can view any documents by clicking the download button.
If you wish to run any reports yourself, you action this from the Documents page – just follow these steps:
Once logged into your Managed Funds account, go to the Transactions page and use the filters and display options to access the specific transactions you are looking for.
You can also create an Investor Report, for the relevant period, by going to the Documents page and following the options/instructions there.
When you sell any managed funds the net proceeds of the sale are deposited into your InvestNow Transaction Account. Once there, you can then withdraw those funds by transferring them to your nominated account, or reinvest the monies.
To raise a Withdrawal instruction, once logged in click on the Withdrawal link on the Dashboard and follow the instructions there.
Withdrawals are processed once a day and should be in your nominated bank account between 4pm and 5pm on the same working day.
When you create your account you select if you want distributions to be paid in cash or have them reinvested.
Please contact us (contact@investnow.co.nz) if you wish to change your distribution preference.
You do not need to be an investing expert, but you certainly need to understand some core principles and have the time to do your homework – ensuring that your investing suits your risk appetite, goals, knowledge etc.
We do not provide personal financial advice, but we do provide heaps of content and resources that will help guide/educate you – here are some of the key ones:
There is no minimum amount for deposits into your InvestNow Transaction Account.
Minimum investment amount for Managed Funds purchases is $50, when part of a Regular Investment Plan, or $250 for one-off investments
Once logged into your Managed Funds account, go to the Buy & Sell page. Scroll down to the list of funds you hold and click the Sell button.
If you want to cancel your Sell order go to the Pending Instructions page and click cancel.
Note that you can cancel a […]