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Why are Shares and ETFs in NZD?

Lovelyn avatar
Written by Lovelyn
Updated over 2 weeks ago

We believe investing should be clear and straightforward. That's why we've designed Shares and ETFs to show everything in New Zealand dollars, from browsing US shares to tracking your performance.

The benefits of our NZD approach:

  • Real-time clarity: Always know exactly what your investments are worth in the dollars that matter to you. No mental calculations or currency conversions needed.

  • True performance tracking: See your actual returns including currency movements. When a US share rises 5% but the NZD/USD exchange rate changes, your real return could be quite different. We show you the complete picture.

  • Simpler decision making: When placing orders, you'll know exactly how much NZD you're investing. Instead of wondering "how many NZ dollars will US$1,000 cost me?", simply invest NZ$1,000 directly.

  • Easier financial planning: Since most of your expenses and financial goals are in NZD, seeing your investments in NZD helps you better track progress towards your targets.

How it works

When you place an order:

  1. Enter the amount you want to invest in NZD

  2. See the total cost including FX fees upfront

  3. We handle the currency conversion automatically

  4. Your holdings and returns are always displayed in NZD

  5. Example: Want to invest NZ$1,000 in Microsoft? Simply enter NZ$1,000 - no need to check exchange rates or calculate conversions. We'll show you the estimated amount of shares you'll receive and handle the currency conversion when executing your trade.

This NZD-first approach removes complexity and helps you focus on what matters - making informed investment decisions for your financial future.

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