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rayonline
14-09-2017, 07:34 PM
Hi all, due to the difficulty now opening up a overseas account. Re: smartshares there is a 0.35% charge. If I buy this with ASB that is possible right, is there a fee charge still?

Cheers.

FIsaver
15-09-2017, 06:27 AM
Hi all, due to the difficulty now opening up a overseas account. Re: smartshares there is a 0.35% charge. If I buy this with ASB that is possible right, is there a fee charge still?

Cheers.

Yes I believe so, smartshare take their cut after vangard take theirs. So its actually more like 0.35+0.04. - I don't think there is a better way in NZ?

blackcap
15-09-2017, 06:39 AM
Yes I believe so, smartshare take their cut after vangard take theirs. So its actually more like 0.35+0.04. - I don't think there is a better way in NZ?

Can you not buy the Vanguard instrument directly on the ASX though? I see you cannot, however Vanguard do offer the Total US market (VTS) at .05% of a fee and another product (Code SPY) is a S&P exchange traded index.

http://www.asx.com.au/products/etf/managed-funds-etp-product-list.htm

sonny n share
16-09-2017, 04:08 PM
There are a number of Vanguard ETFs that you can buy on the asx via ASB online?
https://static.vgcontent.info/crp/intl/auw/docs/performance/ETFPerformanceSummary.pdf
also ishares
https://www.blackrock.com/au/individual/products/products-list#!type=ishares&tab=overview&view=list&fac=43511&fc=44049%7C43544%7C43568%7C43579%7C43614%7C43617%7 C43624%7C43632

Just pay the usual ASB transaction fee

NZT
29-10-2017, 08:47 AM
I believe you can also buy this stock (and others) directly via Halifax in NZ, and only pay the brokerage fees (perhaps someone could confirm this).

NZT
29-10-2017, 08:48 AM
Can you not buy the Vanguard instrument directly on the ASX though? I see you cannot, however Vanguard do offer the Total US market (VTS) at .05% of a fee and another product (Code SPY) is a S&P exchange traded index.

http://www.asx.com.au/products/etf/managed-funds-etp-product-list.htm

Are you talking about ASB Securities and their fees as at: www.asb.co.nz/asb-securities/rates-and-fees.html

blackcap
29-10-2017, 12:12 PM
Are you talking about ASB Securities and their fees as at: www.asb.co.nz/asb-securities/rates-and-fees.html

No I am talking about buying the vanguard product on the ASX. If you wish to use ASB, ANZ, First NZ Capital, Craigs or any other broker that is your choice.

kiwico
31-10-2017, 01:39 PM
It's pretty easy to get an Interactive Brokers account - I use these to buy Vanguard ETFs on the NYSE. Low transaction charges (but a USD10 monthly charge if you hold less than USD100,000).

NZT
09-11-2017, 03:37 PM
It's pretty easy to get an Interactive Brokers account - I use these to buy Vanguard ETFs on the NYSE. Low transaction charges (but a USD10 monthly charge if you hold less than USD100,000).

are there any accounts that don't charge a monthly fee?

Jonboyz
09-11-2017, 08:30 PM
You can use investnow to invest into the Smartshares S&P 500 fund for free. They charge no fees for buy/sell orders, nor any other maintainance fees.

I've been using them for a few months now and have investments in multiple passive index ETFs through them including the Smartshares S&P 500.

blackcap
10-11-2017, 05:53 AM
You can use investnow to invest into the Smartshares S&P 500 fund for free. They charge no fees for buy/sell orders, nor any other maintainance fees.

I've been using them for a few months now and have investments in multiple passive index ETFs through them including the Smartshares S&P 500.

The big problem with this is the Smartshare S&P 500 fund has astronomical (by comparison) fees to the Vanguard product. Depending on amounts investing it is better in the long run to go with Vanguard than with Smartshares. (even with an up front brokerage of $29)