Smartshares - a good place for a begninner to srart ? pros cons ?

[AppleCrumble]

Anyone have any experience with the smart shares dividends fund http://smartshares.co.nz/types-of-fu...nd/nz-dividend or the ozy version?
Just wondering what the dividends is like? How often is it paid? And does the unit value grow also?

0.54% mgmt fee seems cheap enough also. It's mentioned earlier that vanguard ,might be cheaper, by 10 basis points, does that mean 0.44%?

[Harvey Specter]

Anyone have any experience with the smart shares dividends fund http://smartshares.co.nz/types-of-fu...nd/nz-dividend or the ozy version?
Just wondering what the dividends is like? How often is it paid? And does the unit value grow also?

0.54% mgmt fee seems cheap enough also. It's mentioned earlier that vanguard ,might be cheaper, by 10 basis points, does that mean 0.44%?

It only started in April this year so it has no history. Send them an email as they might be able to give you modelled returns for the past few years.

[AppleCrumble]

Do Superlife lock you in for a min amount of time ?

I started in somethign similar when I was 20 and teh slaes person told me teh minimum amount of time for contribution was 2 yrs. After 2 years I stopped contributing, not realising that fees woudl make it go backwards...lesson learnt.

Surely if you had built up enough over 2 years, the costs would be minimal? But I suppose you have to be making above the costs for it to grow? I guess u need to know exactly how the charges work then.