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Tax-Free Shares
Invest in the Top 100 companies on the JSE and pay no tax on your returns or dividends
What the Tax-Free Shares Account offers me:
- All returns and dividends are tax free
- Investment is in the Top 100 companies on the JSE
- Provides you with a diversified portfolio
- Investments from as little as R300 per month or a R1 000 once-off lump sum
- The easiest way to gain access to the JSE
What this allows me to do:
- Tax savings on all returns and dividends earned means more long term capital growth for you
- Realise returns aligned to the performance of the RMB Top40 and RMB MidCap ETFs
- By being invested in the RMB Top40 and RMB MidCap ETF's we have put you in a strong position by spreading your risk
- Flexibility of being able to contribute monthly or as a once-off lump sum depending on your needs (limits apply)
- You can start investing in shares from the comfort of your home or office via the Online Banking Profile
What will it cost?
| Market value of portfolio | Monthly fee |
|---|---|
| Market value of portfolio: R0 - R250,000 | Monthly fee: 0.50% per annum plus VAT |
| Market value of portfolio: R250,001 - R1,000,000 | Monthly fee: 0.45% per annum plus VAT |
| Market value of portfolio: R1,000,001 + | Monthly fee: 0.35% per annum plus VAT |
| Trade option | 1st trading day of the month | Today at 15:00 |
|---|---|---|
| Trade option:Brokerage fee | 1st trading day of the month:0.10% plus VAT | Today at 15:00:0.60% (min R40) plus VAT |
| Trade option: Investor protection levy | 1st trading day of the month: Included above | Today at 15:00: 0.0002% plus VAT |
| Trade option: STRATE settlement charge | 1st trading day of the month: Included above | Today at 15:00:0.005787% (Minimum R11.58, maximum R57.87) plus VAT |
| Trade option:Securities transfer tax (on share purchase) | 1st trading day of the month:Not applicable | Today at 15:00:Not applicable |
All "sell" instructions shall be considered a delayed trade for the purpose of calculating fees on a "sell" instruction. This is applicable even if a "sell" instruction is placed on the 1st trading day of the month.
All share prices are 15 minutes delayed. Fees are subject to an annual review.
Tax-Free Savings Accounts