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667 posts

Ultimate Geek
+1 received by user: 165


Topic # 223438 29-Sep-2017 12:56
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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!





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526 posts

Ultimate Geek
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  Reply # 1874695 29-Sep-2017 13:42
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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.


 

 


60 posts

Master Geek
+1 received by user: 4


  Reply # 1874788 29-Sep-2017 14:34
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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


 
 
 
 




667 posts

Ultimate Geek
+1 received by user: 165


  Reply # 1874806 29-Sep-2017 15:04
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Useful links - thanks guys, will take a peek...





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1477 posts

Uber Geek
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  Reply # 1874850 29-Sep-2017 16:25
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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)




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380 posts

Ultimate Geek
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  Reply # 1874853 29-Sep-2017 16:28
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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 ;-)




667 posts

Ultimate Geek
+1 received by user: 165


  Reply # 1874901 29-Sep-2017 18:41
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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...





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1824 posts

Uber Geek
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  Reply # 1874912 29-Sep-2017 19:11
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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

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