Investment opportunities available for Ngāti Toa whānau

Te Rūnanga o Toa Rangatira is excited to announce that we are shareholders with Sharesies Limited, an innovative online wealth platform.

 Sharesies is a New Zealand stockbroker and micro-investing app that allows users to buy and sell fractions of shares on stock markets.  Launched in 2017, Sharesies is a great place to start your investment journey. With investments starting as low as $5, you have access to a user-friendly online platform with access to New Zealand, Australian, and US investment markets. You will also benefit from financial education and support with access to a variety of investment products and services. Investment products such as Whai Rawa have been specifically designed for our whānau. Sharesies also now offers KiwiSaver, insurance, and savings products to help improve the financial well-being of our whānau.

Boyd Scirkovich, Chief Economic Development and Investment Officer, explains, “ We are thrilled to formalise our shareholding partnership with Sharesies. We are partnering with a business that strategically aligns with our values, while securing a promising investment opportunity. This investment represents a significant step forward in our strategy to create pathways for financial empowerment among our people, while diversifying our portfolio away from traditional assets into the borderless, weightless economy.

Sharesies has already started to provide internship opportunities for iwi members, creating career pathways in the financial technology sector. Brooke Metekingi started her internship with Sharesies under the He Kakano internship programme earlier this year and is loving her experience so far. Sharesies has also been proactively working with our Kura Toa rangatahi to pilot financial literacy education opportunities with them, and this will continue to evolve to a wider audience.

The Rūnanga’s investment partnership comes at an exciting time for Sharesies, which has recently expanded its offering beyond investing to now include KiwiSaver, insurance, and savings products. The platform facilitates more than $1 billion in trades monthly and manages more than $8 billion in assets.

Chair of the Rūnanga Board, Callum Katene, says, "By investing in a reputable company with an innovative platform such as Sharesies, which makes wealth creation accessible to all, we are actively contributing to creating pathways for our whānau and the community to build financial resilience and independence. This opportunity will provide our iwi members with not just tools for investment, but also the financial literacy and education needed to make informed decisions about their future. This aligns perfectly with our long-term vision of self-determination and prosperity for Ngāti Toa Rangatira.”

 If you are interested in exploring more, check out Sharesies' website www.sharesies.co.nz