Whether you’re waiting for the right investment opportunity or simply looking to earn some income from your cash, we’ve got an option to help you get a return on your funds while allowing you access to your money when you need it.

To give you more options and value, we have selected a few exchange-traded funds (ETFs) for you to invest in with zero brokerage fees. Brokerage fees are the charges you’d normally pay us when buying or selling shares.

Currently, you can invest in the following ETFs through Hatch without paying brokerage fees:

Read More: What are dividends?

It’s important to remember that just because these ETFs are offered with a reduced brokerage fee does not mean Hatch is recommending them. When selecting the ETFs listed above we considered publicly available information, available to us at the time. This included information about liquidity (how easily you can buy or sell), potential return, and the underlying investment strategy - but these factors can change over time. Hatch does not have any direct partnerships or special arrangements with the fund managers who run these ETFs.

There are no guarantees when it comes to investment performance or returns. The ETFs we’ve chosen may not be the best options for the highest yield, most liquidity, or lowest risk, or the best options for you. Investing always involves a bit of uncertainty, and you should definitely review your own investment needs and risk comfort before making any decisions.

ETFs, like any investment, can be impacted by market conditions, shifts in interest rates, and credit risks tied to the underlying securities. Unlike traditional money market funds, the selected ETFs aren’t subject to SEC Rule 2a-7, which means they don’t need to maintain a minimum Net Asset Value (NAV) or follow other regulatory requirements designed for money market funds. Additionally, ETFs aren’t insured or guaranteed by government agencies like US bank deposits are by the FDIC.

Dividends paid on an ETF are likely to have US withholding tax taken at source, just as if you were a US resident. This means a portion of your dividend may be withheld and paid to the US government, but you should be able to claim this amount back as a tax credit when you file your annual tax return in New Zealand.

You should also be aware that investment in US ETFs will generally be subject to Foreign Investment Fund (FIF) rules.

The usual timeframes apply for buying and selling of ETFs. If you are looking to sell shares in an ETF to go into a new investment, keep in mind that you will need to complete the sale of the ETF before you can place an order to buy new shares. Additionally, you should be mindful of good faith violations if placing multiple orders in the same trading day.

To earn a dividend on your ETF, you’ll need to make sure that you purchase shares in the ETF before the ex-dividend date—the cut-off for eligibility—and keep holding those shares through the record date. Only then will you be entitled to any dividend paid out on the payment date.

If you hold fractional shares, then these can only be sold as a market order – you can only set up a limit order for whole shares.

Hatch reserves the right to at any time, adjust which ETFs are eligible for the brokerage discount, change the fee structure (i.e. by introducing a fee for the ETF’s listed above) or to not offer any ETFs at all at a reduced price.This could happen with or without advance notice.

It’s also good to know that the brokerage fee discount applies only to Hatch’s own brokerage charges. Other fees, such as foreign exchange (FX) charges for converting New Zealand Dollars (NZD) to US Dollars (USD), or any transfer fees when moving investments from another provider to Hatch – or from Hatch to another provider - are not covered. Be sure to factor these costs into your investment planning.