Investment - SmartShares Index-linked EFT or something else?

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1352 posts

Uber Geek

Subscriber

#223438 29-Sep-2017 12:56

We are looking to invest to supplement our retirement fund.

We would look to hold for at least 20, more likely 25 years before looking to cash anything out and - at least to start with - pay in around NZ$1k a month

I have an initial investment of $50k and was looking to put it into the SmartShare Index-linked EFT. Probably split something like $20k in NZ Top 50, $20k in US500 or EUF large fund and then $10k into bonds for the slow-n-safe.

Anyone got direct experience of the SmartShare EFT? Anyone think this is a terrible idea and if so - why?

Cheers!

Sam91

612 posts

Ultimate Geek

#1874695 29-Sep-2017 13:42

You could have a look at Sharesies. $30 annual fee, but if you sign up at the moment you get $15 free.

This is probably a good read for you.

iDear

60 posts

Master Geek

#1874788 29-Sep-2017 14:34

The best way to invest in SmartShare ETF currently is from SuperLife and InvestNow due to cost and ease of use.

Check out these 3 posts.

SmartShares, SuperLife, Simplicity & InvestNow. ETF & Index Fund Investing in New Zealand

Compare ETF Fund Cost between Superlife and Smartshares

InvestNow Added SmartShares ETFs into Their Offerings

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1352 posts

Uber Geek

Subscriber

#1874806 29-Sep-2017 15:04

Useful links - thanks guys, will take a peek...

antoniosk

2062 posts

Uber Geek

Trusted

Lifetime subscriber

#1874850 29-Sep-2017 16:25

They are ok and their investment returns relatively comparable to similar providers. It’s pretty easy.

They are heavily aimed at Australia and NZ though, with not so much in the USA or Europe, so consider that as part of your strategy.

A good addition to look at is also Investnow.co.nz, which has access to some other opportunities and is run by interested parties (bankers)

________

Antoniosk

nzkc

900 posts

Ultimate Geek

#1874853 29-Sep-2017 16:28

Given this... http://www.investopedia.com/articles/investing/030916/buffetts-bet-hedge-funds-year-eight-brka-brkb.asp

I'd probably invest in an index linked fund rather than a managed one ;-)

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1352 posts

Uber Geek

Subscriber

#1874901 29-Sep-2017 18:41

nzkc:

Given this... http://www.investopedia.com/articles/investing/030916/buffetts-bet-hedge-funds-year-eight-brka-brkb.asp

I'd probably invest in an index linked fund rather than a managed one ;-)

Hence my initial investigation into the SmartShares Index-linked!

Not interested in contributing to some Hedge Fund managers bonus...

nickb800

2473 posts

Uber Geek

Trusted

#1874912 29-Sep-2017 19:11

Simplicity offer non-kiwisaver ETF funds - I think there's a growth option which would largely cover your US/Europe top 500 needs. Fees are pretty low but should compare them with superlife. I think they use the vanguard ETF which also sits behind the smart shares global options