Dorothy is identical to Cathy, however, she invests $3,000 every three months (instead of $1,000 every month). 0 Comments 1904 Views. Keen to start building your investment portfolio with Sharesies? Her fees are:– Sharesies: $6,748– Hatch: $6,231Now Hatch is cheaper for for Elizabeth. Reply. User Experience – Both platforms are easy to use and have great mobile friendly interfaces. Focusing on the everyday investor, Sharesies … Her fees are:– Sharesies: $3,772– Hatch: $4,023Hatch’s fees are lower for Dorothy than for Cathy, thanks to her less frequent contributions lowering brokerage costs. Before we compare fees, I want to build an example ETF portfolio on both Sharesies and Hatch, so that you can see what a portfolio on each platform might look like. Sharesies is also a product of a startup incubator that provides a platform for the investors to invest without any minimum requirement i.e. Hi guys, Looking to start investing but there are soo many apps and platforms in NZ alone! Price comparison | Sharesies | MightyApe | Broadband price comparison | Backblaze. Hatch also allows you to invest in individual companies on the US sharemarket, but this won’t be covered in this article. 12 articles in this collection Written by Renae Williams and Natalie Bryant. FX Fee 0.4% plus transaction fees 0.5% undercuts Stake by 0.1%. Kiwi Wealth is a regulated entity – it's a default KiwiSaver provider and part of the Kiwi Group Holdings Limited financial services group, which … Some of the ETF issuers are (click each one to go to their websites): Not all US ETFs are available on Hatch. Each of these providers offers access to a different range of financial products. Read our Comparing Sharesies vs Investnow vs Hatch and more guide. Given she’s investing a larger amount, the cheaper management fees really start to kick in and offset Hatch’s brokerage costs. Sharesies and Hatch are New Zealand’s friendly faces of investing, and are both fantastic services that have brought ETF investing much closer to everyday Kiwis. I would say Sharesies better suits a wider audience – it’s perfect for beginners or people … Sharesies is available for anyone who is 16+ years of age, an NZ resident, and has an NZ bank account. In general, Sharesies tends to be cheaper for people who intend to make frequent contributions to their investments, or those with smaller investment amounts, thanks to having no brokerage costs. Do you ever feel that shopping in New Zealand is expensive compared with shopping overseas? Online investment opportunities have changed the dynamics of investment for individual investors. Sharesies vs Hatch Fee Calculator. Worst US Stocks to Buy on Stake in 2020. The good news is that the ‘pie’ of everyday Kiwi’s playing the game is growing. 0 Comments 833 Views. Last updated: May 6, 2020. Does anyone have any thoughts on the pros and cons and what kind of investor should use which platform? I would say Sharesies better suits a wider audience – it’s perfect for beginners or people wanting to gradually build up a portfolio by regularly investing their spare change. Hatch … With Stake being a top app that helps Australians and Kiwi’s get… Read More. For example, a US$2,000 purchase of shares would cost US$10 with Sharesies, US$3 with Hatch … With Sharesies you only have to deal with NZD. If you're not already on Sharesies, you can join using my referral code below and we'll both get $5 for free! Is it better to buy local ETFs with Sharesies or go shopping for overseas ETFs with Hatch? Hatch would be great for slightly experienced investors who are planning to invest greater amounts less often. US shares: Stake vs Hatch vs Sharesies; NZ shares: Sharesies vs InvestNow vs Smartshares; Finder is committed to editorial independence. I can't find anything written up, but maybe I've missed it. It’s a downside of living in NZ – with high shipping costs, tax, and low volumes making locally sold goods more expensive. Sharesies makes it easy to start investing—no jargon, no minimum buy-in, and all online. Fund Platforms are a good option for everyone – both beginners and experts – as they allow you to invest in lots of different funds under one roof. Let’s run through some scenarios and see which service comes out cheaper for each one: Alice has $10,000 to invest for 5 years in our 3-fund ETF portfolios. Read our Comparing Sharesies vs Investnow vs Hatch and more guide. Save my name, email, and website in this browser for the next time I comment. Fund Platforms are services that offer you access to a variety of different funds to invest in, sometimes described as a “Fund Supermarket”. Set up. May 28, 2020 0 Comments 1938 Views. Sharesies: Hatch: Owned by: Implemented Investment Solutions (IIS) - a Wellington-based specialist investment management company founded by Anthony Edmonds: Trade Me (16%), Sharesies … Yes there are more players in this space, with Kernel Wealth, Hatch, and Invest Now to name a few. You could make an investment of ten cents everyday if you wanted to. Update (8 October 2019) – Hatch no longer charges an account inactivity fee. You’ll need to be at least 16 years of age and have an NZ bank account. Their major advantage is that they charge zero brokerage fees! “Sharesies don’t currently offer US share transfers due to how the shares are purchased through a custodial account. Hatch vs Stake – Which is Better? Why Stake Is The Best Platform To Invest In Compared to Other Stock Platforms. 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