SatrixNOW have a TFSA product that offers the following key benefits:
As the name implies, earnings within the TFSA are tax-free. Neither the income nor the capital gains earned in a TFSA will be taxed (provided the investor remains within the annual and life-time thresholds).
The investor can deposit (within limit) or withdraw whenever they like, and can choose how they want to invest - with lump sums, regular deposits, or a combination of both.
The SatrixNOW TFSA allows investors the choice of investment into our range of Exchange Traded Funds (ETFs) and unit trusts.
- Growth Potential
Any profits made on the investment do not form part of the investors annual or lifetime limits. This means that you can reinvest the interest and dividends, giving your investments the opportunity to compound in growth!