At Sharesies, you can invest in NZ and US shares! You can invest in NZ companies and exchange-traded funds (ETFs) listed on the New Zealand Stock Exchange (NZX) and US companies and exchange-traded funds (ETFs) listed across the New York Stock Exchange (NYSE), Nasdaq, and Chicago Board Options Exchange (CBOE). You can also invest in NZ managed funds!
Here’s a breakdown of companies, ETFs, and managed funds:
Companies—when you invest in a company, you’re picking a specific company you want to buy shares in. All the money you invest at any one time gets invested into that specific company, and buys you a portion of ownership into that company.
Exchange-traded funds (ETFs)—an ETF is a fund you can invest in that is made of a group of companies, or sometimes even other funds. These companies are normally selected by a group of rules. ETFs are traded on a stock exchange (it’s in the name!). They just trade like shares on the stock exchange!
Managed funds—we’ve got NZ managed funds available on Sharesies. When you invest in a managed fund, you join a pool of people and spread your investment across a range of investments. This is managed by a fund manager, who picks what companies or other funds make up the investments of the fund. All the buying or selling of units in the managed fund goes through them.
It's important to consider your investment objectives and read each fund’s product disclosure statement (PDS) carefully. It contains the fund’s investment objectives, risks, charges and other information which should be considered carefully before investing.
A PDS for each of the funds available on the platform is on Sharesies. The issuer of each of the funds is named in the PDS and on Sharesies’ website.
The info on here and on Sharesies is just a snapshot. It isn’t a recommendation to buy, sell, or hold any investments available on the platform, or an opinion on any of those things. We try hard to fairly and accurately display the info from the NZ fund’s relevant PDS. We don’t, however, take responsibility for any product information provided by issuers or data providers. We also don’t make any promises as to the accuracy or completeness of the info, so for full disclosure, read the relevant PDS before investing!
If you’re unsure how suitable an investment is for you, you should get financial advice tailored to you before you invest.