Five Things You Need To Know About SatrixNOW

Satrix, South Africa’s pioneering index-tracking provider, has proudly partnered with Money Smart Week 2022 to help you understand Exchange Traded Funds (ETFs). This Money Smart Week (29 August to 4 September), Satrix will guide you on how to choose and use ETFs to start investing and your journey to financial independence.   

SatrixNOW is our digital platform, which you can also access via our app. Here you can buy and sell all Satrix ETFs and unit trusts for your portfolio, tax-free account or retirement plan.  

An ETF is a basket of assets you can buy and sell, which helps to diversify your portfolio, which can lower your risk during times of market downturn. 

Below, Duma Mxenge , Business Development Manager at Satrix, highlights five important things to know when starting your investing journey with Satrix on SatrixNOW: 

1. No Minimums: You can invest any amount you choose. You can invest from as little as R10. 

2. Flexible Investing: You can access your portfolio at any time. Set up your debit order for a recurring investment or simply deposit a lump sum.  

3. Transparent Costs: Costs are 100% transparent. You will be able to view detailed costs associated with your investment. 

4. Tax-Free Investing: When you register an account, you will automatically be allocated a tax-free savings account.  

5. Vouchers: Using SatrixNOW you can give the gift of investing by sending an investment voucher to a loved one, showing that you are thinking of their future.  

 Disclaimer:

Satrix Investments (Pty) Ltd is an approved FSP in term of the Financial Advisory and Intermediary Services Act (FAIS). The information does not constitute advice as contemplated in FAIS. Use or rely on this information at your own risk. Consult your Financial Adviser before making an investment decision.

While every effort has been made to ensure the reasonableness and accuracy of the information contained in this document (“the information”), the FSP’s, its shareholders, subsidiaries, clients, agents, officers and employees do not make any representations or warranties regarding the accuracy or suitability of the information and shall not be held responsible and disclaims all liability for any loss, liability and damage whatsoever suffered as a result of or which may be attributable, directly or indirectly, to any use of or reliance upon the information.