Connect your Hatch account directly to Sharesight's portfolio tracker
Investors who trade with Hatch in New Zealand can now take advantage of Sharesight’s award-winning performance and tax reporting simply by connecting their Hatch account to Sharesight. Once connected, Sharesight can sync your historic and ongoing Hatch trades, automatically calculating your portfolio performance as new trades are added, as well as the impact of foreign exchange movements, dividends, capital gains and corporate actions on your investment returns. To learn more about how New Zealand investors can benefit from connecting their Hatch account to Sharesight, keep reading.
Hatch is a digital broker that exists entirely to help Kiwis put their money to work. The platform gives novices and experts alike access to world class investments through a smart, curated investing experience. Created by Kiwi Wealth (Kiwibank’s sister company) in 2018, Hatch allows Kiwis to buy and sell full and fractional shares and ETFs listed on the New York Stock Exchange and Nasdaq – markets which Sharesight also supports.
By importing your Hatch trades to Sharesight (along with the rest of your investments), you can easily track your investment performance across different brokers, asset classes and over 40 global markets, including the NZX, ASX, NYSE and NASDAQ. Investors also gain access to Sharesight’s advanced performance and tax reporting designed for the needs of self-directed investors.
Sharesight offers a range of powerful reports for investors including Performance, Portfolio Diversity, Contribution Analysis, Multi-Period, Multi-Currency Valuation and Future Income (upcoming announced dividends). The ability to track cash accounts, property and cryptocurrency is just another reason that investors should consider using Sharesight to track their investment portfolio.
Unlike other portfolio trackers, Sharesight automatically tracks dividend and distribution income (including dividend reinvestment plans) and takes this into account when calculating your investment return. In the screenshot below for example, dividends make a significant contribution to this stock’s returns, highlighting the value of a portfolio tracking solution that includes more than just capital gains in its performance calculations.
Investors trading through Hatch can easily establish a secure connection between their Hatch and Sharesight accounts, which will automatically import historical and ongoing trades into their portfolio. Investors who choose not to link their Hatch and Sharesight accounts can also use Sharesight's Trade Confirmation Emails feature to automatically capture historical and ongoing trades. Keep reading to learn more.
Once signed up, select 'Import from a Broker' on the ‘Let’s get you started with Sharesight’ page and follow the instructions on the help page to import your trades.
Note: Hatch’s integration with the Sharesight API means none of your Hatch account details will be visible to Sharesight, and your trading data is downloaded through a secure connection. You can revoke the connection to Sharesight at any time.
In this recording of our joint webinar with Hatch you can learn how to connect your Hatch and Sharesight accounts and sync your trading history – plus hear answers to audience questions.
- Track all of your investments in one place, including stocks, ETFs, mutual/managed funds, property and even cryptocurrency
- Automatically track your dividend and distribution income from stocks, ETFs and mutual/managed funds
- Run powerful reports built for investors, including Performance, Portfolio Diversity, Contribution Analysis, Future Income, Multi-Period and Multi-Currency Valuation
- Run tax reports including Taxable Income (dividends/distributions), Traders Tax (Capital Gains for traders in NZ) and FIF foreign investment fund income reports (NZ)
- See the true picture of your investment performance, including the impact of brokerage fees, dividends, and capital gains with Sharesight’s annualised performance calculation methodology
Sign up for a FREE Sharesight account and get started tracking your investment performance (and tax) today.
Disclaimer: The above article is for informational purposes only and does not constitute a specific product recommendation, or taxation or financial advice and should not be relied upon as such. While we use reasonable endeavours to keep the information up-to-date, we make no representation that any information is accurate or up-to-date. If you choose to make use of the content in this article, you do so at your own risk. To the extent permitted by law, we do not assume any responsibility or liability arising from or connected with your use or reliance on the content on our site. Please check with your adviser or accountant to obtain the correct advice for your situation.