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Home | Making
your first investment in ETPs
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Even if this is your first investment into the share market, don't be
scared - Exchange Traded Products (ETPs) have been designed to be simple,
easy to understand, transparent and to give exposure to a diversified
basket of shares listed on the JSE.
Discretionary Investments
You can make investments in ETPs from R1000 for lump sum (once-off
investments), or you can do monthly (recurring) investments from R150 per
month through debit orders utilising the etfSA
Investor Plan
transaction platform. Of course, these are just the minimum
investment amounts accepted, you can invest considerably more than this
if you wish. Any income received in dividends or interest in your ETF
account will incur tax, as will any capital gains realised if you sell our
investment and make a capital profit.
All you have to do is to fill in the New
Business Application Form; select the ETFs or ETNs you want to invest
in; and send the application form to us, together with clear copies of your
ID document, proof of address and proof of your banking account details
(not older than 3 months).
etfSA Investor Plan enables investors to transact and access
information on all ETPs available on the JSE (currently over 75
products), by making information on all ETPs easily available through this
website. You can download quarterly fact sheets; daily price and product
information (product profiles); performance data; product descriptions; and
other product information.
Tax Free Investment Accounts
The annual investment limit for a tax free account is R33 000 per person
per tax year. The ETF Tax Free Accounts accommodate investments from R1000
for Tax Free portfolios and R300 per month in individual ETFs. These
accounts allow for tax free reinvestment of all interest and dividends and
no capital gains is payable on any profits made when selling you ETF
investments.
To access the application form for the ETF Tax Free Investment Account: Click
Here.
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Click
here to download the full document (115kb - March 2017)
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