Auto-investing takes the time and effort out of building your portfolio, you can read up on all the benefits here.

Dollar-cost average the exchange rate on your deposits

Our FX fee is a small percentage of the exchange rate, which means you can deposit as much or as little as you like at a time, without being penalised in fees. We have no deposit minimums so some people deposit $1 or less.

This works really well for auto-investors. You can set up an automatic payment from internet banking and get the benefits of dollar cost averaging the exchange rate. Every deposit is also immediately put to work in a Money Market fund, earning dividends until its auto-invested in shares. 

You control the percentage you pay in brokerage fees

Any order you place through Hatch has the same low brokerage fees.

Because our brokerage fees are a dollar amount instead of a percentage of your order, you have the ability to control the percentage you pay in fees. 

If you want to keep fees below 1% of your total order, there are a range of ways to set up your auto-investments. The below examples add a bit of a buffer to allow for exchange rate changes over time, and you can adapt them to whatever suits you:

  1. Set up an automatic payment to Hatch for $50 NZD a week.
    Create a quarterly auto-investment for $300 USD in a company like Berkshire Hathaway, Amazon, Tesla, Google, or any investment with a price tag over $299 USD a share. You'll buy a fraction of a share with each auto-investment.
  2. Set up an automatic payment from your bank of $325 NZD a week.
    Create a 4-weekly auto-investment for $800 USD in a company like AMD, Disney, Beyond Meat, or an ETF like the Vanguard S&P 500, or any investment with a share price below $299 USD a share. You'll buy one or more full shares with each auto-investment.
  3. Set up an automatic payment from your bank of $440 NZD a month.
    Create a quarterly auto-investment for $800 USD for any investment with a price tag under $299 USD a share. You'll buy one or more full shares with each auto-investment.


Note: If you are auto-investing, share price changes may impact the fees you pay over time. If a share price drops enough to turn a fractional order into a full order, you'll get more shares for your money (yay!), but you'll also be charged a full share fee instead of a $3 fractional share fee. 

Did this answer your question?