Q&A: What is the cost to invest via Satrix?
Fees on a monthly investment of R500 will come total less than R50 a year on the SatrixNow platform
09 December 2019 - 15:04
Q: I want to invest directly in Satrix through an investment plan. I see on Satrix’s website that all fees are exclusive of VAT. If I invest R500 a month, what would the total costs be, including VAT? I also see your annual administration fees are as follows: on investments of between R0 to R500,000, the fee is 0.6%, on R500,000 to R1m it is 0.45% and on R1m or more it is 0.35%. What does this mean? Also, will the initial capital I invest stay guaranteed? Shaads Arief via e-mail
A: Jenny Albrecht, COO of investments at Satrix, responds: ..
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