For large institutional funds and portfolios, we determine your fees in collaboration with you and commit ourselves to what we offer by capping asset management fees because we don’t believe in a free ride when your fund grows.

Our mission is to empower all South Africans with the best chance of investment success at the lowest possible cost.

Model portfolio and ETN fees as at 31 October 2020.
The fees shown below are for our model portfolios & ETN where investors may invest amounts up to R10,000,000. Fees for portfolios/funds over R10,000,000 will be negotiated with the fund/investor where after the fees on the model portfolios will be capped and reviewed on an annual basis. Total Investment Charges are the sum of the TER and Transaction Costs. This includes the investment management fee, brokerage fees, settlement costs, statutory costs and VAT.
Discretionary Savings Portfolio Offerings Administration & Transaction Costs Investment Management Fee Total Investment Charge (TIC)*
Conservative 0.34% 0.15% 0.49%
Cautious 0.42% 0.15% 0.57%
Moderate 0.51% 0.15% 0.66%
Growth 0.39% 0.15% 0.54%
International 0.30% 0.15% 0.45%
Regulation 28 Portfolio Offerings Administration & Transaction Costs Investment Management Fee Total Investment Charge (TIC)
Conservative 0.28% 0.15% 0.43%
Cautious 0.15% 0.15% 0.30%
Moderate 0.35% 0.15% 0.50%
Growth 0.31% 0.15% 0.46%
Exchange-Traded Note (ETN) offerings Administration & Transaction Costs Investment Management Fee Total Investment Charge (TIC)
Global Explorer (USD) 0.50% 0.49% 0.99%
*Total Investment Charges are the sum of TER and Transaction Costs. This includes the investment management fee, brokerage fees, settlement costs, statutory costs and VAT.

Fees destroy returns!!!… Our fees are a fraction of 1%. The example below demonstrates how fees affect returns.

Assumptions:

  • you invested R100,000 20 years ago and received a return of 15% pa before fees.
  • an average of  6% per annum for inflation.

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