As this tax year ends and the new one begins, you have the opportunity to make use of your Tax Free allowance by investing in select JSE-listed Exchange Traded Funds (ETFs) using your Tax Free Investment Account (TFIA) from SBG Securities*.
Not only will this enable you to build a diversified portfolio without exposing you to the risk of investing in individual shares, you can also benefit from our special limited offer:
FREE brokerage on selected investments!
In addition to the specially reduced brokerage of 0.25% on ETFs purchased in this account, if you choose to invest in STANLIB** ETFs there will be no brokerage fees*** allowing you to truly maximize the growth of your Tax Free investments.
Please note if you wish to open a TFIA through internet banking, you need to have completed the registration by 12:00AM on the 24th of February in order for the account to be opened in time, and have placed your purchase order before 23:00PM on the 27th of February.
For more information about Tax Free Investment Accounts please take a look at the attached resources:
If you have any questions feel free to ask in the comments or start a new thread in the Talk section.
* Please note that this is a product provided by SBG Securities Proprietary Limited (Reg. No. 1972/008305/07). SBG Securities is a wholly owned subsidiary of the Standard Bank Group Limited, an authorised user of the JSE Limited and an authorised Financial Services Provider (FSP No. 26691). For more information on SBG Securities please go to http://www.securities.co.za **STANLIB Asset Management Limited *** Terms and conditions apply. 100% of brokerage will be rebated, only applicable to purchase transactions.
**** The Standard Bank of South Africa Limited (Reg. No. 1962/000738/06). Authorised financial services provider and registered credit provider.