Common questions

What is a share pack CommSec?

What is a share pack CommSec?

Each Share Pack contains a diversified portfolio of six leading blue-chip companies, chosen by CommSec’s Investment Management† team. That means you can invest with confidence, knowing that the shares in each Share Pack have been selected by a team of experts. Now it’s Easy to Start a Portfolio.

Are CommSec pockets worth it?

Final verdict. CommSec Pocket was simple and fairly enjoyable to use. It offers new investors an easy way to start saving and getting involved in the share market. However, it pays to work out how often you plan to invest per year, what your fees will be and how much that will impact your investments.

Can foreigners use CommSec?

If you’re currently living overseas, you might be able to trade with us if you are CHESS sponsored with CommSec and you use an Australian bank account to settle your trades. However, restrictions may apply to applicants from certain jurisdictions, depending on legal and regulatory requirements.

How do I get my CommSec share statement?

Your EOFY share statements are available on the CommSec website. You can access them via your Statements page. Alternatively, select “Portfolio” and then “Statements”, then choose your account.

How do I deposit money into CommSec?

If you are logged into the CommSec website, switch into NetBank by selecting ‘NetBank’ from the tab in the top-left corner of your screen. Go to the ‘Transfers’ tab then select ‘Transfer money’.

Can I buy US shares on CommSec?

CommSec has a partnership with Pershing LLC, a subsidiary of the Bank of New York Mellon, that provides you access to trade on US and non-US markets (including access to Exchange-Traded Funds – ETFs) through CommSec. Launch the international Trading platform to place a trade on US markets.

Can I buy crypto on CommSec?

As of writing, CommSec doesn’t currently support crypto and digital asset-buying, and so you’re going to need to consider heading to dedicated currency exchange for this.

Does CommSec give you a tax statement?

Just log in, click ‘View accounts’, then ‘More’, then ‘Interest & tax summary’. If you’re a CommSec customer, you can download a financial year summary by logging into CommSec, clicking ‘Portfolio’, then ‘Statements’.

Does CommSec show capital gains?

A Transaction Summary Statement is a consolidated list of all your executed trades with CommSec. With every trade itemised and grouped by stock code, it’s easier to work out your capital gains, capital losses and transaction costs. This statement is available for Equities, Options and Margin Lending accounts.

Can a share pack be sold on CommSec?

CommSec used to offer a Share Pack, however we have stopped this service offering from 23 June 2021. If you purchased a Share Pack before we stopped this service offering, you can still sell your shares through your CommSec account. To place a trade online, log in to your account and go to Trading > Shares: Place Order.

How does a CommSec international securities trading account work?

A CommSec International Securities Trading Account gives you access to over 25 leading global share markets. We offer a wide range of products so that as you are ready to become more sophisticated in your trading needs, we are ready to partner with you on your journey. Trading shares is affordable, simple and flexible.

How is total shareholder return calculated in CommSec?

When you combine the two, capital growth and dividends, you get total shareholder return. Shareholder return, as displayed on in CommSec, is calculated pre-tax and assumes that all dividends are reinvested. What does total shareholder return tell you?

Which is better Vanguard ETF or CommSec share pack?

One of the Vanguard ETF’s is a much better option than a Commsec share pack. Cheaper ($20 brokerage compared with $60 odd), more options and greater diversification. Also, it’s unclear whether you sell the share pack as a whole or whether you must sell the shares individually?