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How do I setup a Recurring investment for my Satrix Retirement Plan (RA)?

Making regular contributions to your Satrix Retirement Plan (RA) can be done in a few simple steps as explained below. 

You can either contribute to the cash portion (or Available Funds) of your RA account (and then invest the funds later) OR you can contribute directly to the Investment of your choice. Both options allow you to select between Monthly, Quarterly, or Annual recurring contributions.

  • Login to SatrixNOW and click on your Retirement Plan (RA account
  • Click “Invest Now” and select the fund you wish to purchase
  • Choose your Investment Amount and select “Recurring” 
  • You can choose your debit order frequency, debit order date, and annual increase percentage. 
  • Please note that you will need a verified bank account in order to set up a debit order – see here for more details. Alternately if a family member or friend wants to set up a debit order into your SatrixNOW account, see details here.

If you ever want to make changes to an existing Recurring Investment, you can simply navigate to the "My Recurring Investments" area from the top left menu and select “Edit” and follow the instructions.

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Satrix Managers (RF) (Pty) Ltd (Satrix) a registered and approved Manager in Collective Investment Schemes in Securities and an authorised financial services provider in terms of the FAIS. Collective investment schemes are generally medium- to long-term investments. Unit Trusts and ETFs the investor essentially owns a “proportionate share” (in proportion to the participatory interest held in the fund) of the underlying investments held by the fund. With Unit Trusts, the investor holds participatory units issued by the fund while in the case of an ETF, the participatory interest, while issued by the fund, comprises a listed security traded on the stock exchange.

ETFs are index tracking funds, registered as a Collective Investment and can be traded by any stockbroker on the stock exchange or via Investment Plans and online trading platforms. ETFs may incur additional costs due to it being listed on the JSE. Past performance is not necessarily a guide to future performance and the value of investments / units may go up or down. A schedule of fees and charges, and maximum commissions are available on the Minimum Disclosure Document or upon request from the Manager. Collective investments are traded at ruling prices and can engage in borrowing and scrip lending. Should the respective portfolio engage in scrip lending, the utility percentage and related counterparties can be viewed on the ETF Minimum Disclosure Document. The Manager does not provide any guarantee either with respect to the capital or the return of a portfolio. The index, the applicable tracking error and the portfolio performance relative to the index can be viewed on the ETF Minimum Disclosure Document and or on the Satrix website.

Performance is based on NAV to NAV calculations of the portfolio. Individual performance may differ to that of the portfolio as a result of initial fees, actual investment date, dividend withholding tax and income reinvestment date. The reinvestment of income is calculated based on actual distributed amount and factors such as payment date and reinvestment date must be considered.

*Note exchange prices are delayed in accordance with regional exchange rules.South African prices are delayed by 15 minutes; North American prices are delayed by 15 minutes.