InvestNow offers New Zealanders a new way to choose managed funds.
We believe in the freedom of choice, having launched with a select range of managers and funds that provide relevant, compelling investment opportunities tailored for a NZ audience.
InvestNow officially launched in March offering funds from AMP Capital, Harbour Asset Management, Mint Asset Management, Russell Investments and Vanguard. Already these 25 foundation products gave investors options covering most global and local asset classes as well as passive and active investment styles.
However, there’s still plenty of scope to expand the InvestNow fund choices. In the six weeks since going live we have added four more well-known NZ-based managers – Devon Funds Management, Fisher Funds, Salt Asset Management – as well as newcomer Hunter Investment Management, bringing the total underlying product choice to 33.
We have an orderly queue of other managers forming (see news below) but we’re also keen to hear direct from our customers what managers, funds or asset classes they would like to see on InvestNow.
As well as growing product choice to sustainable levels, InvestNow is committed to freeing up more investors to choose our range of funds. Uniquely to InvestNow, the platform allows investors to buy into any of our funds for as little as $250 with no obligation to top-up over time. Typical managed funds – especially some of the wholesale options listed on InvestNow – set high minimum initial investment levels that preclude many from accessing them.
Not forgetting, of course, that InvestNow clients only pay the clearly disclosed fee (many of which are close to wholesale rates) direct to fund managers with no extra or hidden platform and administration fees. Now that’s choice.
Thank you for choosing InvestNow.