We'll continue to grow the range of investments available on the platform. At the moment, we have 11 funds available:
Socially responsible investments issued by Pathfinder Asset Management Ltd
- Pathfinder Global Responsibility Fund—includes socially responsible companies around the world. Each company goes through a screening process to make sure they’re socially responsible. This means excluding companies involved in restricted industries such as gambling, tobacco, controversial weapons and thermal coal, and selecting the companies that have the highest Environmental, Social and Governance (ESG) score.
- Pathfinder Global Water Fund—includes socially responsible companies around the world involved in the water industry. The water companies cover a wide range of activities including water treatment, pipe and pump manufacturing, and specialist engineering. Each company goes through a screening process to make sure they’re socially responsible—there are no bottled water companies in the water fund.
Exchange-traded funds (ETFS) issued by Smartshares Ltd
Most of these are Index Funds (excluding the NZ Bond Fund), which mean you don't own shares in one company, but units in a fund that's made up of a range of companies.
- NZ Top 50 (Medium risk)—includes the 50 largest companies listed on the New Zealand Stock Exchange (NZX). At 28 April 2017, this included companies like, Spark NZ Ltd, Fisher & Paykel Healthcare Ltd, and Auckland International Airport Ltd.
- Australian Top 20 (Higher risk)—the top 20 companies listed on the Australian Stock Exchange (ASX). This includes companies like: ANZ bank, Woolworths, and Commonwealth Bank of Australia.
- US 500 (Higher risk)—the top 500 companies in the United States. This includes companies like Apple, Alphabet, amazon.com, and Facebook. This index is managed by Vanguard (one of the world's largest investment firms).
- NZ Bond (Lower risk)—a broad range of deposits or bonds, including some which are issued or guaranteed by the New Zealand Government. A bond is a loan typically made by investors to corporations or governments. The NZ Bond Fund is actively managed.
- NZ Property (Medium risk)—the NZ Property Fund invests in property listed on the NZX. Examples include Kiwi Properties Group Limited and Argosy Property.
- Australian Resources (Higher risk)—spread across the top 200 companies in the resources sector that are listed on the Australian Stock Exchange (ASX). This includes companies in Energy, Metals, and Mining sectors.
- Europe Fund (Higher risk)—companies based in Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, and the UK. This index is managed by Vanguard (one of the world’s largest investment firms).
- NZ Mid Cap (Medium risk)—This award-winning ETF contains some of New Zealand's top growth companies like Chorus, Air New Zealand, and Comvita. It includes companies in the NZ Top 50 but with the top 10 and dual-listed Australian banks removed.
- Emerging Markets Fund (Higher risk)—companies based in emerging markets around the world. This includes China, Brazil, Taiwan, and South Africa. This index is managed by Vanguard (one of the world’s largest investment firms).
Before you invest...
It's important to consider your investment objectives and read the 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 the Sharesies website and platform. The issuer of each of the funds is named in the PDS and the Sharesies website.
The info on here, the Sharesies website, and platform, is just a snapshot. It is not 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 fund’s relevant PDS. We don’t, however, take responsibility for any product information provided by issuers. 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!
There is also other useful info about each fund on ww.business.govt.nz/disclose. If you’re unsure how suitable an investment is for you, you should get financial advice tailored to you before you invest.