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What happens if Sharesies closes for some reason?
What happens if Sharesies closes for some reason?
Sharesies Help avatar
Written by Sharesies Help
Updated over a week ago

All investments and money are held on bare trust by a separate custodian company called Sharesies Nominee Limited. Any customer money is held within a client trust bank account. 

Customer money and investments are ring-fenced and not available for any creditors of Sharesies Limited or of Sharesies Nominee Limited.

If anything happened to Sharesies Limited, the customers money (and investments) is protected and is still the customers.

As a custodian, we are required to get an independent audit from a qualified auditor. Customers can get a copy of our latest audit report upon request. 

For further information, contact help@sharesies.co.nz.

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