When you select companies and ETFs for your investment plan, you invest into a Portfolio Investment Entity (PIE) fund managed by Sharesies—this PIE fund then invests in the specific company or ETF you’ve chosen.

This means that if one of your picks announces and issues a dividend, the dividend will be issued directly to the PIE fund, increasing the unit price of the PIE fund and increasing your KiwiSaver balance.

Because the dividend is automatically reinvested into the PIE fund, you won’t see the dividend transaction in your transaction history, it’s just reflected in your unit price.