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Questions Around Account Type and Investment Ownership
Investing Strategy
Hi all I am completely new to pearler and ETF investment. I do hold a commsec account. I have a few questions I am hoping the community can help me with: 1.) When finalising my account setup, pearler is asking me what type of account I want to establish and includes the option for a joint account. This money/investment is for me, my fiancée and also our child. Is creating a joint account the best option? I am assuming it is, but just curious about pro's and con's including tax implications etc. 2.) What would happen to our investment if pearler went out of business? I read a pearler article that indicated that ASX ETF's require a CHESS number and therefore we still retain ownership of the ETF investment that way, is that correct? Also, I have the same question for International ETF's (USA and China) - they don't have a CHESS number so how would that work? I have seen people mention different percentages invested in Vanguard ETF's, what is Vanguard? Is there anything in the 'Learn' section that I can watch that might explain this to me?
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Pearler Community
Asked on 7 September 2025
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1- It depends on your personal tax rate. Many people put shares in the name of the lower earning spouse since less tax will be payable.
2- If pearler goes under, yes, your ownership is recorded with the ASX and is not affected by pearler as a business ending.
3- For international, if the funds themselves are listed on the ASX it works exactly the same way (I’m not sure which ETF exactly you’re referring to).
4- Vanguard is a fund manager who basically runs and operates ETFs for investors – they buy all the shares and manage the portfolio for a small management fee. Other fund managers are Betashares, and Blackrock.
Hope that helps.
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Similar to your question around what to invest in – I am very confused about what I am doing. Did you manage to figure out what the difference is between ASX set up vs Micro set up?
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