InvestNow Review: Invest in Global and NZ Funds

At InvestNow you can set up a Regular Investment Plan, do one-off investments or invest in term deposits.


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InvestNow allows you to control your managed funds investments in an efficient and easy way. You can get access to a range of funds without paying any platform admin or transaction fees and have online access to comprehensive reports and statements.

The InvestNow service is provided by specialist investment management company Implemented Investment Solutions Limited, with an aim to provide easy to use and understand world-class investment solutions.

What can I invest in with InvestNow?

At InvestNow you can invest in funds from global and New Zealand fund providers including AUT, Listed PIE and PIE fund types from managers including:

  • AMP Capital
  • Antipodes
  • ANZ Investments
  • APN Property Group
  • Devon Funds
  • Elevation Capital
  • Fisher Funds

Plus many more.

You can set up a Regular Investment Plan with a minimum investment of $50, or do one-off investing in funds with a minimum of $250. You can buy and sell managed funds online at any time of day as long as you have money in your transaction account.

A Regular Investment Plan lets you set up auto investments by choosing how much you want to invest and how often. You can invest in one fund or a range of funds as long as the minimum amount per fund is $50.

You can also invest in term deposits with ANZ, BNZ, SBS Bank, Heartland Bank and China Construction Bank. You don’t need to have an account with these banks to invest and interest rates are competitive.

How much does it cost?

InvestNow claims to be the only investment platform in New Zealand that doesn’t charge fees. You won’t pay any account or transaction fees, and there are no hidden fees either.

However, you will have to pay fees charged by the fund manager for the funds you invest in including management fees, entry and exit costs and in-fund costs. Total fund charges for each fund can be found on the InvestNow website.

Does InvestNow have a mobile app?

No, InvestNow does not have a mobile app, but the website works well on mobile phones.

Is InvestNow safe?

Any investments you make in InvestNow are held on your behalf in the name of a custodian rather than being owned by the platform. Your money cannot be used to run InvestNow and can’t be touched by creditors, so if the company shuts down, your money is protected.

This custodian is Adminis Custodial Nominees Limited and is audited annually to assess procedures and controls.

For security on your account, InvestNow has the following procedures in place:

  • Two-factor authentication to log in to your account
  • Encryption for sensitive information
  • Layers of firewalls and intrusion prevention devices
  • Routine security assessments by a third party

How do I sign up to InvestNow?

To sign up to InvestNow, head to the website and click ‘Join’ in the top right corner. You can choose to sign up as an individual, trust, joint or company, and then enter your email, name and password to register.

You will need to verify your identity which can be done either online or offline. The Cloudcheck service is used to verify your identity online – you will need to supply the details of your current passport or driver’s license.

You will need a NZ bank account and IRD number. If you are a foreign tax resident you will need to provide your countries of tax residence and foreign Tax Identification Number.

You can also set up an account for a child. You will need to supply:

  • An email address for the child
  • Proof of ID
  • Proof of address
  • Tax details
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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