Automatically import Invest Direct trades to Sharesight

If you’re an investor trading via Invest Direct, you can directly connect your brokerage account to Sharesight, allowing you to automatically sync your trades to your Sharesight portfolio. This makes it easy to track the price and performance of your investments, including the ability to automatically track dividends and DRPs, or take advantage of Sharesight’s advanced tax reporting features. With support for more than 200 leading global brokers, plus automatically updated price and dividend information on over 750,000 stocks, ETFs and mutual/managed funds, Sharesight is the ultimate tool to track all of your investments in one place.

Who is Invest Direct?

Invest Direct (formerly Jarden Direct) is a New Zealand-based broker with an online trading platform aimed at DIY investors. The platform allows Australian and New Zealand investors to invest in shares, ETFs, bonds and funds in a range of markets such as the New Zealand (NZX), Australian (ASX), London (LSE) and New York (NYSE) stock exchanges, as well as the Nasdaq. These markets are also supported by Sharesight. Other key features of Invest Direct’s trading platform include the ability to create watchlists, see the latest investing news and access Morningstar market research.

Why you should track Invest Direct trades with Sharesight

By importing your Invest Direct trades to Sharesight, you can easily track your investment performance across multiple brokers and asset classes, or take advantage of Sharesight’s advanced performance and tax reporting designed for the needs of self-directed investors.

Importantly, Sharesight gives you the true picture of your investment performance by taking into account the impact of brokerage fees, dividends and capital gains on your returns. Sharesight also offers a range of powerful reporting tools including performance, portfolio diversity, contribution analysis, multi-period, multi-currency valuation, exposure, drawdown risk and future income (upcoming dividends). The ability to track cash accounts, property and even cryptocurrency is just another reason that you should consider using Sharesight to track your investment portfolio.

Track your dividend income

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 an important 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.

How to import your Invest Direct trades to Sharesight

You can easily establish a secure connection between your Invest Direct and Sharesight accounts, which will automatically import your trading history and any future trades into your portfolio. If you choose not to link your Invest Direct and Sharesight accounts, you can also import your trading history by uploading a spreadsheet file of trades, or have your trade confirmation emails automatically forwarded to Sharesight to capture future trades.

Connect your Invest Direct account to Sharesight

Invest Direct leverages the Sharesight API to allow you to automatically import your trading history and any future trades into a Sharesight portfolio.

If you’re new to Sharesight, you can get started by signing up for a free account.

Once you’ve signed up and created a portfolio, click ‘Search for your broker’, type ‘Invest Direct’ into the search bar and click the tile. You will then be directed to a page with a link to log into your Invest Direct account, where you can select ‘My Preferences’ and click ‘Connect’ to establish the link between Sharesight and Invest Direct.

Note: Invest Direct’s integration with the Sharesight API means none of your Invest Direct 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.

Start tracking your Invest Direct trades with Sharesight

Thousands of investors like you are already using Sharesight to manage their investment portfolios. Sign up today so you can:

• 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, exposure, drawdown risk, multi-period and multi-currency valuation
• 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.

FURTHER READING

• Import trades via your broker’s trade confirmations
• Import historical trades to Sharesight via spreadsheet
• 5 ways Sharesight helps NZ investors at tax time