B Impact Report

Logo for Sharesies

Sharesies

Sharesies gives people an easy way to invest in the sharemarket & managed funds.
Certified Since: April, 2019
Location: Wellington, Wellington, New Zealand
Sector: Service with Minor Environmental Footprint

Overall B Impact Scoreinfo_outline

80.3

The B Impact Scores are being compared against all businesses that have completed the B Impact Assessment

Sharesies' purpose is to financially empower the next generation by giving someone with $5 the same investment opportunities as someone with $500,000. They’ve improved access to investing by reducing cost, removing jargon, and making investing fun.

As at April 2019, Sharesies has attracted over 41,000 investors who, together, have invested over $45m. They believe, without Sharesies, that a large proportion of these funds would never have been invested.

There are a wide range of funds on the platform, from bonds and cash through to the US500 and other international shares. They also offer a range of sustainable funds that consider environmental, sustainable and governance issues.

They want to remove the taboo many Kiwis experience when talking about money. They want to see more people sharing their insights so that they can all become more financially empowered. They believe when knowledge is shared this will lead to more equitable opportunities.

Sharesies is also a member of the New Zealand Sustainable Business Network. They strive to reduce and improve their impact on Aotearoa and the planet.

Impact Area Scoresinfo_outline