Automic is a technology-focused share registry in Australia that has been around since 2011.
It is typically used by ETFs with relatively low funds under management and ASX shares with smaller market capitalisations.
What is a share registry?
A share registry is an organisation that helps companies manage their list (or ‘registry’) of shareholders.
Typical responsibilities of a share registry include:
- Managing dividend payments — including dividend reinvestment plans
- Issuing shareholding statements — a document you’ll often receive in the mail when you purchase ETFs/shares
- Recording changes in ownership
- Managing investors’ personal information — e.g. contact details, tax file number, communication preferences, etc.
How to access Automic
If you invest in an ETF (or share) which uses Automic, you’ll need to create an account in order to participate in a dividend reinvestment plan (if available), access your transaction history, update your personal information, and complete other corporate actions.
If you have multiple shareholdings that use Automic, you’ll be able to access all of them with the one account.
You can register for an Automic account here. Be sure to have your shareholder reference number (SRN) or holder identification number (HIN) at the ready — this is often located at the top right corner of your holding statement. Alternatively, you can find this number by logging into your online share broking account or by contacting your broker.