Withdrawing your investments Units in the funds are listed or will be listed on the NZX Main Board, so you can sell your investment through an NZX Participant (such as a broker) or financial adviser if there are interested buyers. Smartshares are 35 exchange traded funds (ETFs) offered by a company owned by the NZX. Common Shareholder Number: All investors who purchase securities listed on the NZX through a broker, will be allocated a CSN which will be your common holder number across all NZX listed securities (all New Zealand registrars will hold that single number as your holder number). When you deposit or withdraw money, we automatically exchange it from NZD to USD (and vice versa). What returns will you receive? Retirement benefit application 1.18 MB. for the Smartshares Funds, which can be found on the Smartshares website at www.smartshares.co.nz . Fax: +64 9 375 5990. ... • Don't withdraw earlier, especially when there's a downturn. Institutional investors can make basket contributions. also view this information at www.smartshares.co.nz). I ran the numbers to compare the AMP NZ Index fund with a management fee of 0.33% and buy-sell spread of 0.44% against the SmartShares NZ Top 50 exchange-traded fund with a management fee of 0.50% for an investor who is … Fee estimates for PIE funds reflect the total expense ratio in the Fund Updates provided to the Disclose Register (note that this figure includes GST and any performance-based fees), unless we have been advised of a more recent change. They offer 32 ETFs on their platform, all of which are issued by Smartshares and include:. maintain a minimum level of cash and/or fixed interest. withdrawals? Select Wealth) as the Scheme's distributor. What it costs to withdraw your money: Nothing: Brokerage fees. Both AMP and the NZX-owned Smartshares KiwiSaver schemes slipped backwards in the first quarter of 2018, according to the latest data from Australian research house, Strategic Insight (SI). The Smartshares Scheme’s governing documents provide that that Permitted Withdrawals can only be made by and to the Exempt Member, or, if the Exempt Member dies, to the beneficiary elected by the Exempt Member or otherwise in accordance with Nauru law; AMP Index Funds vs SmartShares ETFs. Summary of Smartshares. 17 July 2015 APPLICATION FOR WAIVERS FROM NZX MAIN BOARD LISTING RULES SMARTSHARES LIMITED 1. Also, look for information about how long it takes to actually get paid after requesting a withdrawal, whether regular withdrawals are possible, and how often. There is a $30 establishment fee, but … Significant financial hardship application To make an application for a payment under KiwiSaver for significant financial hardship, please contact SuperLife on 0800 27 87 37. If your withdrawal request is placed on an NZ public holiday, on a weekend or after 4:00pm NZT, funds with be withdrawn overnight on the next business day. For this managed fund (i.e. ; The ETFs charge fees between 0.33% and 0.75% offer a choice as to where to invest - Kiwi companies, global companies, emerging markets, mining, property and bonds and government debt. SmartShares accepts direct investments from new investors from $500 per fund and $50 per month for recurring investments. TheStreet dishes the dirt on the top 7 bitcoin scams so far, and offers tips on how to avoid being duped. Application 1 - Decision 10. Up until a month ago, I had roughly $14,000 in Sharesies—of which about $1,500 was returns. Permanent emigration 1.19 MB. When can I withdraw funds? First home withdrawal payment - to make a first home withdrawal from your KiwiSaver account. All fees are inclusive of GST. This is a decision of the Special Division of the … NZ Top 50, Australian Top 20, NZ Dividend; International share ETFs – e.g. Aden: Yeah, withdrawing it all for the house deposit was terrifying in its own way. On the basis that the information provided to the Special Division is full and accurate in all ... Smartshares Limited (Smartshares) is the manager of the Select KiwiSaver Scheme. Examples are the Smartshares Global Aggregate Bond ETF or the Nikko AM NZ Corporate Bond Fund (which only invests in corporate bonds). The new ETFs will offer exposure to New Zealand bonds and cash, global … Smartshares is the biggest and most established player here. 14. So does it mean that Smartshares will get $50 from me and add it to my selected etf? Australian Resources, Automation & Robotics Smartshares expect to see continued growth in the uptake of passive investment solutions as advisers and investors become aware of the challenges of finding active managers who can consistently outperform the market over a period of time. For the benefit of others, FNZ is a Smartshares exchange-traded fund, or ETF. actions or decisions (for example, for withdrawing from funds). Authorisation to use electronic verification 1.13 MB. enquiries@ Postal Address: PO Box 91976 Auckland, 1142: To locate the contact details for a specific issuer please click here Smartshares proposes that a life stages product could apply to all members, other than those who indicate that they are saving for their first home withdrawal. Investor, beware! You only pay the exchange fee when you deposit or withdraw, and there are no hidden extra fees for withdrawals. 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