Frequently asked questions

ShareMeUp is an online investment platform that helps you invest in listed companies on the NZX, managed by MUFG Pension & Market Services. You can make share purchases on a one-off or recurring basis.

You choose the companies you want to invest in—we will instruct a broker to order those shares on your behalf which will be registered in your own name.

You will need:

• An email address
• A mobile number
• To be 18 years or older
• To be a New Zealand tax resident
• To have a New Zealand passport or driver's licence for identity verification

To start investing:

• Visit app.sharemeup.co.nz
• Sign up to create an account
• Top up your wallet
• Place your order—this can be a market order (one-off) or an automatic investment at a frequency you choose (weekly, fortnightly, four weekly or monthly)

There are two types of fees:

• Transfer fee—this is the amount charged by BlinkPay (our payment provider) to add money to your wallet. It is only charged if you choose ‘Instant Bank Transfer’.
  Manual Bank Transfers have no fee but can take one to two working days to show in your wallet.
• Transaction fee—this is the amount charged by ShareMeUp and the broker to process your order. 

The transfer fee for topping up your wallet using ‘Instant Bank Transfer’ is 0.59% of your chosen top up amount, capped at $3.00.

The transaction fee for an order is 1.25% of your chosen investment amount.

We make money by:

• earning interest on any money held in our trust account before the settlement of your shares; and
• receiving a transaction fee (1.25%) for every purchase made.

If you are investing for the first time in a specific company using ShareMeUp, your first investment amount must be a minimum of $250. After that, the minimum amount will be the price of one share in that company.

There are currently two payment options:

• Instant Bank Transfer—powered by BlinkPay, this option lets you instantly and securely top up your wallet. You can also create an automatic top up to add money to your wallet when your balance falls below an amount you choose.
• Manual Bank Transfer—this option lets you top up your wallet, but the money will take one to two days to show in your wallet.

Instant Bank Transfer

• Particulars: TOP UP
• Code: SMU
• Reference: <Your CSN>

Manual Bank Transfer

• Uses the details you enter when setting up the payment through your banking app. Use your CSN as the reference so we can match your payment to your wallet.

Automatic investments make it easy to buy shares regularly when it suits you. You choose the frequency, the shares and the amount you want to buy. We place the order for your selected start date and the frequency chosen by you.

For example:

• Weekly: choose a weekday to invest every week
• Fortnightly: choose a weekday to invest every other week
• Four Weekly: choose a weekday to invest every four weeks
• Monthly: choose a day of the month to invest every month

Yes, simply:

1. Set up an automatic investment
2. Add the companies you want to invest in
3. Choose a frequency

You can repeat these steps with different companies and frequencies.

When you invest through ShareMeUp, your purchased shares are registered in your own name instead of a custodian. This means any dividends are paid directly to your bank account.

You can check your bank account by visiting the Investor Centre (managed by MUFG Pension & Market Services). If you haven’t created an account, you will need your CSN and Authorisation Code (FIN) to get started.

If you are planning on selling your shares, you may contact an NZX broker—a list can be found here.

We plan on adding share sales to ShareMeUp soon.

You can invest in any companies available on ShareMeUp. If you are investing for the first time in a specific company, your investment amount must be a minimum of $250.

Only NZX-listed companies where MUFG Pension & Market Services is the manager of the register are currently available in ShareMeUp.

When creating your account, choose ‘Create New’ when asked to ‘Link a CSN’—supply your details and we will set one up for you. You will be notified within two business days of your CSN so you can start investing.

We accept CSNs that are in an individual’s name. CSNs belonging to a joint holding, company or trust can’t be used.

ShareMeUp is available to tax residents living in New Zealand.