Growing your holdings with ShareMeUp is easy.
You set the period (either weekly, fortnightly or monthly) and ShareMeUp does the rest.
The weekly timeline is as follow
Monday - your account is direct debited for the investment amount.
Tuesday - your funds are in the process of being cleared by the bank.
Wednesday - your funds are cleared by the bank and the shares are purchased.
Thursday - your shares are pending delivery (the NZX trades on a T+2 basis).
Friday - your shares are delivered.
You will receive a Security Transaction Statement from the share registry confirming your purchase.