I'm looking at buying a quantity and leaving it alone, (but may add more from time to time) but if you go onto
www.smartshares.co.nz they have options for regular monthly contributions which could suit some people in terms of dollar cost averaging their investment over time. I really think the left wing green coalition with Winston Peter's...the grand social experiment if you like, is going to sap business confidence this year and could stifle economic growth a bit so I am looking at repositioning some of my portfolio into overseas funds. TEM had had great performance but the portfolio manager has just resigned so unsure about who will be appointed so some caution there is warranted and they are stock pickers too so the skills of the new portfolio manager will affect future returns and emerging markets make up just 9% of the global market so this fund is higher risk than TWF. TWF are an ETF so just track the world index but with over 9,000 shares is a very easy way in $N.Z. dollars to invest in a very very broad range of stocks from all regions. You can buy on market or invest direct through the smartshares website. Note, if you invest direct with smartshares, their next monthly allocation for want of a better word is 22 January and your application and funds need to be with them by then. They then allocate new units based on the net asset value at the end of the month, (January). One off $30 fee for first investment, thereafter nil. If you want to participate in this global rally before the end of this month you need to buy the units on market.