ETF & Index Fund investing in New Zealand, InvestNow holds a transitional Financial Advice Provider (FAP) license. I recommend Cove to insure your car. They issue the ETF for local share markets such as NZ Top 50 (FNZ), NZ Top 10 (TNZ), NZ MID CAP (MDZ) and NZ Bond (NZB). 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. Also it’s worth noting that the fee is not per fund but is a single fee ‘regardless of the number of investment options you invest in, or the number of times you change investment options’. Special Deal for Passive Income NZ Readers: Get 50% off the first 2 months when you sign up for a premium account using my code- for details go to Tools and Resources. With Juno only having launched in August 2018, there won’t be annual performance data until august of 2019. Sorted's approach is to categorise funds almost solely based on their relative levels of equity holdings - more equities = more risk. Simplicity is a passive rather than active manager. Investnow vs Superlife vs Sharesies vs Simplicity. Superlife states “Negative annual returns may occur once in every 7-10 years on average.” The fund has a 0.47% per annum of fund’s net value, and a $12 yearly administration fee. Fees. Here is a breakdown of them. 7.98 % Add to watchlist; Remove from watchlist; BOOSTER KIWISAVER SCHEME. I use PocketSmith to keep track of my spending, income, networth, and budgeting all in one place. I’m grateful for the hard work they do. Despite being a cash payment, and as is the case with ALL KiwiSaver funds, there is no option to take this money as cash until you turn 65. They both have pros and cons. In its ongoing regulation of KiwiSaver providers, the Financial Markets Authority recently published a snappily titled report: MyFiduciary Analysis of Active versus Passive Management in KiwiSaver. The entry requirement is basically nonexistent, and the cost is relatively low. Generate. Does that matter to you? That is Simplicity, Juno, and Superlife KiwiSaver schemes. InvestNow vs Simplicity . Simplicity Kiwisaver . New Zealand Stock Exchange owns SmartShares. SuperLife offer the most options, functions in the breakdown. They not only offer SmartShares ETF in fund format but also provide managed fund and sector fund options for the investor. Juno claims not to be disrupting the Kiwisaver market, rather they are creating a new one. As with the three investment options discussed above, the returns you can expect to receive from investment funds that largely track the market, should theoretically be quite similar. I have a strong feeling this has been cleared up before but I can't find any substantial answers. They actively managed their fund supported by traders and analysts. One thing I would like to point out re Simplicity’s Guaranteed Income Fund is the fees. Juno methodology after listening to the NZ investor podcast featuring the founder. Low fees, 100% online, passively managed index funds. I would like to see them decrease their fees. Investing. They are currently sitting at 8.84% since inception and 16.10% for the last six months for their growth fund. The comparison is below- and includes providers membership fees (if they charge one). There you can compare your current fund and check out other funds that are available. Great for anyone with $10,000 to start investing. Some fee information supplied by the fund managers may be estimated rather than actual. Past performance is not necessarily indicative of future performance. Superlife managed fund have different names, like SuperLife 30 or SuperLife 80. Now open to 65s and up. And when the financial outlook gets worst their philosophy is to hold more cash until the outlook turns, in which case they aim to buy investments at the bottom of the market, rather than riding out the market as with index fund providers. Sticking with the default provider may not help you achieve financial independence in the long term. SuperLife Invest. An updated list of the Best Performing KiwiSaver Funds using 5 year returns after fees and before taxes as of Sep 2020. Investors can directly invest into the selected fund on their platform with as little of $250. See fees, services and returns information in the Sorted KiwiSaver fund finder. GROWTH FUND. I’m already doing this with InvestNow- and I would like to do it with my kiwisaver- but I think the lower fees offered by simplicity still win. Save 4 months when you purchase an annual premium plan. You can go to Sorted.org.nz to help you figure out what fund is right for you. SmartShares ETFs are listed PIE, and they will pay tax at 28%. As with all conservative funds, it’s most suited for KiwiSaver who have a short timeframe to invest or aren’t comfortable with risk. how long it takes to switch Kiwisaver check. With the huge range of investment option available to you with varying degrees of risk and sectors, including kiwi companies, global companies, emerging markets, mining, property, bonds, and government debt, you can arrange your Kiwisaver however you like. Discover (and save!) All of SuperLife’s products don’t require you to have a certain amount to invest, you only need $500 to invest in Smartshares ETFs, and you need $10,000 to invest in Simplicity’s investment funds. More about the SuperLife KiwiSaver scheme. Archived. To put my money where my mouth is, over 90% of my investment are in ETF and Index Fund. For example, the Superlife NZ Top 50 ETF fund which directly follows the NZX 50 share index charges 0.49% per year, whereas Simplicity's equivalent (the NZ Share Fund) charges 0.31%. Ethical KiwiSaver and non-KiwiSaver funds. So this fund is a low risk (or conservative) fund. The fund I have most been considering switching to because there is a giant billboard near my house is Superlife. I've made a table to compare four investment service in NZ. The key change being Simplicity lowering their entry point from $5,000 to $1,000 and lowering their annual administration fee from $30 to $20. More about Pension Transfer. Generate. I will go into that later once I’ve done it myself. Types of SuperLife KiwiSaver funds 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. Superlife 30 will aim to hold around 30% of growth asset and 70% of income asset in the portfolio. 0.85 % Services. Real estate agents will charge you up to 5% to sell your home, but you can do it yourself the 4% rule often talked about in the fire community. Will research more about it. I did exactly that- since I have been with ANZ over the last year and knew the fees were quite high compared to what else was on offer- but being the human I am, I always put off really looking into the other options. The JUNO Growth fund aims to provide capital growth averaging over 10% or more after fees and tax. All simplicity funds have a membership fee of $30 $20 a year, plus a fund management fee of 0.30%. The default funds that you are automatically enrolled in once you sign up usually don’t align with your investment strategy, ethics, or risk tolerance. I have a strong feeling this has been cleared up before but I can't find any substantial answers. SmartShares will direct investor to Link Market Service to register and track their ETF holdings. I use Sharesight to keep track of my share performance and dividends. Superlife. We are only one component of a person's financial landscape and actively promote that our customers seek independent professional advice on investments, tax, legal and accounting matters. Basically, it tries to use the 4% rule often talked about in the fire community. The SuperLife KiwiSaver scheme investment options can be combined any way you choose and changed any time, free of charge. Simplicity is a non-profit, online investment manager that is owned by the Simplicity Charitable Trust. Booster. All of those funds invested in a passive index fund or ETF. Generation Rent Investment Guide Episode 2: Index-tracking investment offerings by Smartshares, SuperLife, Simplicity and ASB compared. The JUNO Balanced fund aims to prove a steady growth of capital in the range of 5-10% annually after fees and tax. It is designed for investors that want to invest in both New Zealand and international fixed interest assets. achieve financial independence in the long term. The NZ Property Fund has returned 30.58% for the last year after tax and fee’s,by having this one it can boost your yearly return. Passive funds: Simplicity itself! AMP. Superlife managed fund has different names, like SuperLife 30 or SuperLife 80. Basically which platform do you use and why? This has resulted in them doing well at starting amounts of $4,000 plus. The Ethica fund invests in a mix of income and growth assets that are socially and ethically responsible – nothing that harms society or the environment will be included. It tracks the top 500 companies on US stock example, most of them are top international corporations. I am in SuperLife and have picked my own 4 funds from the list of all of them.In the last year I have had a return of 18% after tax and fees.I am not using any of their standard Kiwisaver funds.It would be good if we could manage and pick what we wanted for our Kiwisaver in the way of funds and shares etc. Investing. Investing. As you can see, most of the option’s underlying asset are Vanguard ETFs and Index Fund. .. I’ve written about that in my How to Invest in Vanguard post. 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. The best thing people can do is go and have a look at Super Life site and contact them to find out more about how it works if you do not quite understand. KiwiSaver Diversified Growth Fund. On the other hand, Superlife 100 will aim to invest 100% into the growth asset. The key change being Simplicity lowering their entry point from $5,000 to $1,000 and lowering their annual administration fee from $30 to $20. That’s why I recommend the beginner to start with Superlife. Juno offers three fund types, Conservative, Balanced, and Growth fund. They tend to carry higher levels of risk, yet have the potential to deliver higher returns over longer investment time frames. Simple %) Learn more Join Now. Those two funds are not PIE fund, means you will have to do your own tax return. 12th Jun 17, 10:42am. Below is how it allocates its assets. Have checked Simplicity and it seems they have recently brought down entry level from 10 to 5K. It was in her temple that Roman coins were minted, and it’s from her surname that we now have words like ‘money’ and ‘monetary’ in the English language. NZX and ASX funds (top 10, top 50, etc) through Smart Shares Dividends you receive can be classified into two groups, income, networth, and growth is... 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