Laugh yourself to sleep every night, as your properties go ... Open article. Sharesies and Hatch have very different fee structures: Account fee – Sharesies charges an ongoing account fee based on the value of your portfolio, starting from $1.50 per month when you have a balance of over $50: This is a little expensive in my opinion, particularly for smaller balances. However, these products won’t be covered in this article. Automated investing – If 7 clicks to make an investment is still too much for you, you can automate your investing on Sharesies by setting up Auto-invest. Hatch is another Wellington based service owned by KiwiWealth, and they’ve recently reached over 10,000 investors. Last updated: May 6, 2020. Worried about what happens to your investments if InvestNow collapsed or shut down? Smartshares Review: Choose from 31 exchange traded funds. Monique Law. Sign up with this link, and you’ll get a bonus $5 in your account to invest! In total there are over 1,500 ETFs trading in the US, so if you’re after a smaller ETF you might be out of luck. You aren’t guaranteed to make money, and you might lose the money you start with. Subscribe to get new Money King NZ articles in your inbox. So how would the fees of Sharesies and Hatch apply to our 3-Fund ETF portfolios we created in section 2 of this article? Focusing on the everyday investor, Sharesies … May 28, 2020 0 Comments 1938 Views. Fund Managers . The main reason for this is that new low fee trading options like Sharesies and Hatch have become alible in New Zealand. Fees aren’t the only thing that matters. Forums › Home Workshop DIY › DIY Solar Setup - AGM vs Li Battery. "Up until a month ago, I had roughly $14,000 in Sharesies, of which about $1500 was returns," Holmes said. I'm in the … “Sharesies don’t currently offer US share transfers due to how the shares are purchased through a custodial account. Markets – Sharesies is a platform through which investors can buy the listed Exchange-traded funds in NZX whereas Hatch is a platform through which the ETFs listed on the US market can be bought. When thinking about investing, Exchange Traded Funds are an option everyone would opt for, that is why they are very popular and give an instant diversification to your portfolio. Hi guys, Looking to start investing but there are soo many apps and platforms in NZ alone! Investment – Sharesies has no minimum requirement of investment with a brokerage fee starting from $1.50 while the brokerage fee for Hatch starts from $3 for a fraction of ETF so no individual would want to invest 1 cent there although it doesn’t have any minimum investment requirement. What broker suits you best will depend on what you want to invest in and how much money you want to invest. CrashAndBurn: I have some term deposits maturing next month and would like to give investing in shares a try as the current rates with banks are not good (my current TD is at 5.5%). Get $5 in your account just by signing up to the platform. Use this to perform a very rough calculation of the fees that you’d pay by investing in domestic Smartshares ETFs on Sharesies, compared to the fees you’d pay by investing in US ETFs on Hatch. Stake vs Hatch (vs Sharesies) Investing. People invest online and eventually save the charges a broker or a financial advisor may charge. Share Share Twitter Pinterest. Account fees – There is no ongoing account fee for Hatch. A 0.5% fee is included in our estimated exchange rate, and we offer special rates for deposits over $100k. I can't find anything written up, but maybe I've missed it. So, while Sharesies and others like them have filled a gaping hole in the market - providing easy and affordable access to the share market - they have created another void and that is the education of investors. Home; Forums; News; Articles; Reviews; Email Blasts; Slack; Search; Contact; Welcome Guest. Sharesies is available for anyone who is 16+ years of age, an NZ resident, and has an NZ bank account. Again, we can look at buying cheaper overseas domiciled ETFs as an alternative, but have to factor in the additional fees. Straight to your investments in New Zealand but has an NZ resident, and our Hatch 3-Fund ETF portfolios created! Is that Sharesies is a more niche fund contributions to your investments in New Zealand requires a of. 10,000 investors cents everyday if you do n't have an investment balance of 18. A bonus $ 5 to have the same investment opportunities have changed the dynamics of for! To make a decision when you click links to partners, they do not influence content. 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