Satrix

[srothman]

Hi, Not sure if this is the correct place for this topic, but so please excuse if this is out of place. I am looking to invest about R10000, and as far as I can gather, by best bet would be to look at Satrix. My questions is this: Which one of the funds? After analyzing the info available on each one, I am considering either the Satrix 40 or the Satrix Divi. Any comments more than welcome. Thanks

[#2]

10k? U gonna deal with brokers fees, R600 per year on bank charges, unceartain markets. your anual divident yield wont even cover ur anual bank fees. my opinion

[Salv]

If u planning on doing a once off 10K and no other or few trades rather invest it with satrix direct (check there website) as fees are mch lower. I like the stx40 personally.

[Salv]

If u planning on doing a once off 10K and no other or few trades rather invest it with satrix direct (check there website) as fees are mch lower. I like the stx40 personally.

[nala]

deal direct with satrix - it is much cheaper

[saash]

I'd also suggest you go direct, but also shop around with other banks online share trading platforms, as there are some that don't charge monthly, but charge a higher brokerage per trade - this is a good option if you only planning to make 1 trade per year or so. Sbk charges you monthly if the account is not traded - if you do 3 trades in the month, they don't charge that fee. Is good for if you are going to trade more, but to trade more, you need more capital to cover the broker fees.

[#7]

you can also look at Standard Bank's auto share invest, i think they offer satrix as well. Also look at BIPS - a similar product.

[srothman]

I will be going direct with Satrix. I will probably be investing R500- odd each month as well apart from the initial investment.