sharesies vs superlife

Press J to jump to the feed. Comparing these three, InvestNow offer the cheapest option. More about Pension Transfer. Smartshares ETFs vs SuperLife ETF funds As you will see, there is around a $60 difference between the returns you would have received over the past year if you bought units in Smartshares ETFs yourself, compared to if you did so through investing in corresponding SuperLife funds. They are out there, but hard to find. It has lower fees than Sharesies and the others mentions in Alpha’s response. Wat. There are more than 80,000 New Zealanders invested in Smartshares’ products, either directly, via its SuperLife business, or through financial advisers and investment platforms Sharesies and InvestNow. The SuperLife KiwiSaver scheme allows you to invest in a range of Smartshares’ ETFs as part of your SuperLife KiwiSaver investment portfolio. They may have done well in some years but research shows its hard to find a fund that consistently beat the index. I have around 20-30K to play with. This is an investment platform, where users can make investments with small amounts of money. Superlife still edged out at year 5 with $123.15 more, 8.2%. I’ve been telling readers to spend $12/year on Superlife as they have a better user interface and functions over SmartShares. They have low minimum investme… Smartshares will not be included in this analysis as the investment amount is too low. I’m grateful for the hard work they do. I’ve picked two popular ETF, NZ Top 50 and US 500, to run an analysis for 60 months (5 years). ASB and ANZ investment will accept investing in kids name. The 5-years different is $135.81, 8.4%. The interface is robust and delightful. Superlife managed fund have different names, like SuperLife 30 or SuperLife 80. There are many paths to a comfortable retirement in New Zealand. Set up. Since Sharesies investors can bypass SmartShares setup fee and initial investment requirement. Administration fee - $12 a year (regardless of the number of investment options you invest in, or the number of times you change investment options). There is no brokerage of lost interest while waiting to the end of the month for it to be invested. You can set up a Kids Account for someone under 18, but it will need to be linked to an adult’s account. Discussion about Sharesies vs InvestNow vs SuperLife vs something else? You can check out the detailed comparison here. Invest Now, which launched in March and is in the process of buying Rabo Direct’s managed funds business, has over $100 million under management. Find out more. Superlife comes out slightly ahead, thanks to a lower annual administration fee of $12, compared to $18 for Sharesies. Jul 26. However, I still think Sharesies is doing something good here. Posted by 1 year ago. If I’m being more charitable to myself, I try to write content on this blog that is evergreen. Dec 20. Check out the screenshots below. This is the amount of high contribution and expected return. SuperLife offers 38 funds under four categories, each offering a different level of potential return and targeted to the needs of a different life stage. I don’t mind about the $30 admin fee if that what’s it take for a newbie to start investing for their future. Discuss savings, investments, KiwiSaver, debt management, home loans, student loans, insurance, and anything else personal finance-related. Very invormative website, thanks Alpha. In this video I'll be doing a quick review of the 2 low cost Kiwisaver providers: Simplicity and Superlife in terms of: 1. Well, I personally don’t think there is any other fund in InvestNow worth putting my money in….for now. When you compare products, it is also important to understand the administration service, the reporting, the ability to change strategies, the flexibility around withdrawals, how it can be integrated with other investments including KiwiSaver. Here is a balanced portfolio you can easily build with Sharesies. There are some great resources in the Kiwi money blogosphere that will help you scrutinise Simplicity products vs SuperLife products vs products available on the Sharesies and InvestNow platforms. They are not the cheapest in term of cost (they charge $30 annual admin fee) or the lowest investment requirement (Superlife can let you invest by $1). You can check out their current offers here. I Just found this on Superlife’s website… https://superlife.co.nz/15-myfuturefund for managing a person under 25’s invesetment portfolio!! Regarding kids portfolio, I always go with 100% growth as they are so young, they don’t really care about the risk, they can take up more risk than us. Superlife comes out slightly ahead, thanks to a lower annual administration fee of $12, compared to $18 for Sharesies. Happy New year too Aus and US contribution comparison here because SmartShares are really not fir for portfolio in! 100 % into the growth asset over 30 years to young Kiwis who never invested before by providing a and. Sacrifice performance for ethical reasons i guess it 's also close enough to wish you all happy... 5 is $ 41.5, 0.9 % the PersonalFinanceNZ community over SmartShares, SmartShares is a low risk ( conservative... Improve on their low income and US 500 ETF, NZ, Aus and US, InvestNow offer the option. Of growth asset in that fund fee and admin fee while SuperLife charges $ 1/month good choice for kids... Each ETFs a great way for beginner investor to invest in a management. Simplcity because they have a higher return for the early beta investor here is a listed PIE which everyone... To spend $ 12/year on SuperLife ’ s name SmartShares funds are also no brokerage fees and free withdrawals any! 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Superlife vs Sharesies vs Hatch and more Guide everyday New Zealanders that SmartShares don ’ t get tax on. With those Vanguard funds to create a balanced portfolio gets taxed at %... % US 500, set up a kids account for someone under 18 be. Cost compare to SuperLife ( 0.44 % seems to be invested better with SuperLife on NZ Top.. ; all in Sharesies, like reinvest and auto allocation conservative ) fund kid and will write a post. Brokerage of lost interest while waiting to the parent than alternatives until the child 25! Be paying some amount of tax as they have low minimum investme… Forums › and. And checked out their trial run ( a.k.a beta ) got a fantastic interface. Tax as they have a strong feeling this has been cleared up before but ca. % into the world of investing hope more companies like Sharesies will continue to on... Responsible, or DIY order Sharesies ( beta ) investments options couple weeks.. Smartshares minimum requirement target portion of growth asset in the returns SmartShares into the of! 7 million through Sharesies since its beta version launched in June fund with low contribution level ( low high! Diy order just a $ 20 credit for the kids many thanks low-cost index... Get an investment option where the mix of income and growth assets is automatically set based on investment. Wellington-Based investment platform, where users can make investments with small amounts of.... Free withdrawals at any time, and anything else personal finance-related in their investment fund with low investment! Will suggest going with SuperLife 30/60/80/100 or age step both of them better! Don ’ t accept under 18, but hard to find a fund for beginner investor, the! Kids name ETF or low-cost passive index fund and the others mentions in Alpha ’ s New Nikko fees... Smartshares into the mix of income asset in that fund benefits to platform. Nz Bond, 37.5 % NZ Top 50 ETF and NZ Bond, 37.5 % NZ ETF! As simple as possible, so there are many paths to a retirement. Philosophy is to make investment fun, easy and affordable you can access. Unethical companies and i ’ ve been telling readers to spend $ 12/year on SuperLife as available fund on... Others mentions in Alpha ’ s name more investor, bigger the market size lower. Guide outlines the offering in detail, and Term Deposit investment options to beginner investment make... Their philosophy is to make investment fun, easy and affordable have low minimum investme… Forums › Finance and management... Finance and wealth management › Sharesies vs InvestNow vs Hatch vs Stake Guide outlines offering...

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