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What are the benefits of the Satrix Retirement Plan (RA)?

1. Saving for retirement

You can save for your retirement and deduct contributions from your tax liability.

2. Tax free

You do not have to pay any taxes on the interest, dividends, and capital gains earned on your investments in the Satrix Retirement Plan (RA) while your money is invested in the Fund.

3. Flexibility

You can deposit whenever you like and can choose how you want to invest – with lump sums, regular investments, or a combination of these, and you can transfer a retirement annuity you may have with another provider.

4. Choice

The Satrix Retirement Plan (RA) allows investors the choice of investing in 2 different funds, in any combination, to suit their risk profile.

5. Growth Potential

Any profits, interest, dividends made on the investments are automatically reinvested on your behalf to ensure that you continue to benefit from the potential growth.

6. One login

Now you can access your Satrix Retirment Plan (RA), discretionary investments and Tax Free Savings accounts under one login, on the web, or via the SatrixNOW app. Pension and Provident Preservation accounts are also now available.

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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.