Investment Services

These are some services you can use to invest your money in New Zealand.

Last updated: 2 October 2021

Fund Managers

KiwiSaver & Non-KiwiSaver Fund Managers

These providers offer both KiwiSaver and non-KiwiSaver funds.


Simplicity is a not-for-profit passive fund manager, with low fees of 0.31% + $20 per year. An increasingly popular choice among Kiwis.


InvestNow is popular fund platform offering over 150 funds to choose from, from providers such as Smartshares, Vanguard, and AMP. There are no fees to pay to use the platform, and you can invest from as little as $50. InvestNow also offers a KiwiSaver scheme which allows you to invest your KiwiSaver money across 30 different funds.


SuperLife offers 35 funds, mostly made up of Smartshares’ ETFs. They offer handy features like auto-rebalancing of your portfolio, and their fees are reasonable.


Milford is a popular active fund manager with a decent track record, offering KiwiSaver and non-KiwiSaver funds.

Further Reading:
Build your own KiwiSaver – InvestNow vs SuperLife vs Craigs

KiwiSaver Fund Managers

These providers offer KiwiSaver funds only.


JUNO is another relatively low cost KiwiSaver fund provider. They actively manage their funds, and already have a good track record despite being quite new.


Kōura uses digital advice to cleverly recommend investors a suitable KiwiSaver portfolio built from a mix of 6 passively managed funds.

Further Reading:
Simplicity vs JUNO vs BNZ – Battle of the low cost KiwiSaver funds

Non-KiwiSaver Fund Managers

These providers offer non-KiwiSaver funds only.


Kernel is an index fund manager with a small range of 11 NZ and international funds. Kernel also has the only index fund that invests outside the NZ Top 50.


Smartshares offers over 35 Exchange Traded Funds (ETFs). You can buy them from Smartshares directly, or through platforms like InvestNow or Sharesies.

Further Reading:
Smartshares vs AMP vs Kernel vs Harbour – NZ Share Index Fund shootout
Smartshares vs Vanguard vs AMP vs Kernel – International Share Index Fund shootout
Smartshares & Kernel – Thematic Index Fund shootout



Sharesies offers investment into NZ, Australia, and US listed shares. Their minimum investment is just 1 cent and they have a fantastic user interface, making it a good place to get started and learn investing.

Keen to start building your investment portfolio with Sharesies? Sign up with this link, and you’ll get a bonus $5 in your account to invest!

Further Reading:
Sharesies review – Still a good investment platform in late 2021?

Jarden Direct

Jarden Direct is a broker you can use to buy shares in individual companies on the NZX (NZ share market). The fee to buy or sell shares starts at $30 which isn’t cheap, but it’s still cheaper than using a full service broker. You can also buy and sell bonds through Jarden Direct.

ASB Securities

ASB Securities provides a similar service to Direct Broking, although they have a cheaper $15 brokerage fee for trades of $1,000 or less.


Hatch is a service that gives New Zealanders access to shares and ETFs on the US sharemarkets.

Keen to start investing in US shares with Hatch? Sign up with this link, and you’ll get a $10 NZD bonus when you deposit at least $100 NZD!


Stake is another service that provides access to the US sharemarket.

Keen to start investing in US shares with Stake? Sign up with this link, and you’ll get a free share worth up to $150 USD!

Craigs Investment Partners

Craigs Investment Partners is a full service broker, providing personalised financial advice and research with their services. While most of their products are targeted towards high net worth clients, and come with higher fees, their mySTART product has a low minimum investment of just $100.

Interactive Brokers

Interactive Brokers offers investment into pretty much every major market around the world including the US, Canada, UK, Japan, and Australia. All of this comes with low fees, however, the platform and user interface is better suited to advanced investors.

Further Reading:
Buying shares on the NZX – Sharesies vs ASB Securities and Jarden Direct
Buying shares in the USA – Sharesies vs Hatch vs Stake

Alternative Investments


Easy Crypto

Easy Crypto is one of the easiest ways for Kiwis to buy Bitcoin and other cryptocurrencies. Purchases of crypto are usually completed and sent to your wallet within a few minutes.

Exodus Wallet

If you don’t have a lot of cryptocurrency or are just staring out, a basic wallet on your mobile phone is usually adequate to store it. For this you can use Exodus which is a multi-currency wallet that can hold Bitcoin and most major altcoins, and is available on iOS, Android, and desktop.

Ledger Wallet

Ledger manufactures hardware wallets, which are a better option if you’re storing a large amount of cryptocurrency, given these wallets keep the keys to your coins offline and separate from your other devices like your phone or PC.


When it comes to spending your cryptocurrency, Wirex offers a solution in the form of a debit card. You can transfer crypto to your Wirex card, convert it to NZD, then spend it at pretty much any retailer that accepts Visa cards.

Sign up using this link to get a bonus $25 of WRX tokens after you sign up for, and use your Wirex card.

Further Reading:
How to buy Bitcoin in New Zealand (step-by-step guide)
What’s the difference between Easy Crypto, Binance, Exodus, and more?

Peer to Peer Lending


Squirrel Money is the easiest Peer to Peer Lending platform to use. It’s the only one in NZ where you can sell your investment early. However, the potential returns are lower than Lending Crowd, and it requires a minimum of $500 to invest in each loan.

Lending Crowd

Lending Crowd has fewer features than Squirrel (e.g. no auto-invest), but makes up for it by offering loans to only high-quality borrowers.

Further Reading:
Peer to Peer Lending review – Squirrel
Peer to Peer Lending review – Lending Crowd

Equity Crowdfunding

Snowball Effect

I’ve used Snowball Effect to invest in a few Equity Crowdfunding campaigns like Squirrel, Punakaiki Fund, and Zeffer Cider.

Further Reading:
4 things to know about investing in Equity Crowdfunding

Other Services


There is not much difference between the major banks, but I am with ANZ as their Freedom account is fee free (including a free debit card) as long as I deposit at least $2,500 every month. Other banks may charge fees for things like having a debit card.

Heartland Bank

Heartland Bank’s Direct Call account is a solid option to keep your cash and emergency funds. It offers a high interest rate, with the ability to withdraw your funds at any time. Heartland also offers good term deposit rates, but the bank does have a lower credit rating than the main banks.


Wise is among the cheapest and fastest currency transfer services out there. They also offer a multi-currency Debit Mastercard (with very low fees!) which is handy for overseas travel.

Sign up to Wise using this link, and you’ll get a fee-free transfer of up to £500

Further Reading:
The best bank accounts and credit cards for managing your everyday finances

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