Choose a fund
Use our guide to help you decide which of the five different YouWealth managed funds might suit your needs and circumstances right now.
Open a YouWealth managed fund account
If you’re already a BNZ customer, you can open a YouWealth account as an individual investor through Internet Banking or the BNZ app. If you’re not a customer, you’ll need to open a transactional account with us before you can open your individual YouWealth account.
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Before opening a YouWealth account
To invest in a YouWealth managed fund, you’ll need to be 18 years or older.
Guide to YouWealth managed funds
Select a PIR
Select a Prescribed Investor Rate (PIR), which we’ll use to work out how much tax you’ll pay on your YouWealth Investment funds. If you don’t choose a PIR, we’ll apply the highest PIR which is currently 28%.
Understand the details
Before you invest, it’s important to understand the product terms, fees, investment style, risks, and benefits.
Read the YouWealth Product Disclosure Statement (PDF 941KB)
How BNZ customers open an individual YouWealth account
It only takes a few steps to open an individual YouWealth account using Internet Banking or the BNZ app.
Internet Banking
Log in to Internet Banking and select Apply now, then choose Open YouWealth.
BNZ app
Log in to the BNZ app and tap the menu icon (three horizontal lines in the top left corner). Select Apply now, tap Investments, and choose Open YouWealth.
Ways to open an account if you’re not a customer
If you’re not a customer, you’ll need to open a transactional account with us and register for Internet Banking, before you can open a YouWealth account.
You can open an account online by using RealMe®, or by taking a photo of yourself and your New Zealand passport or New Zealand driver licence. A third way to open an account is to start online and get verified at your nearest branch. You must be aged 13 or older and live in New Zealand.
If you can’t open an account online, you can call us on 0800 275 269.
Using RealMe
Opened online
It’s easy to join with a verified RealMe® account. Once you’ve finished you can start using your account straight away.
Taking photos
Opened online
You can apply online by taking a photo of yourself and your New Zealand passport or New Zealand driver licence. We’ll review and process them online.
By phone
Opened over the phone
Please call us on 0800 275 269 to complete the application process.
BNZ Investment Services Limited, a wholly owned subsidiary of Harbour Asset Management Limited, is the Issuer and Manager of YouWealth. Download a copy of the YouWealth Product Disclosure Statement (PDF 1.4MB).
Investments made in YouWealth are not bank deposits or other liabilities of Bank of New Zealand (BNZ) or any other member of the National Australia Bank Limited group. They are subject to investment risk, including possible delays in repayment. You could get back less than the total contributed. No person (including the New Zealand Government) guarantees (either fully or in part) the performance or returns of YouWealth Funds or the repayment of amounts contributed. National Australia Bank Limited, the ultimate owner of BNZ, is not a registered bank in New Zealand but a licensed bank in Australia and is not authorised to offer the products and services mentioned on this webpage to customers in New Zealand.
BNZ Investment Services Limited (BNZISL) uses the BNZ brand under licence from Bank of New Zealand, whose ultimate parent company is National Australia Bank Limited. No member of the FirstCape group (including BNZISL) is a member of the NAB group of companies (NAB Group). No member of the NAB Group (including Bank of New Zealand) guarantees, or supports, the performance of any member of FirstCape group’s obligations to any party.
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