about us.
ABOUT SatrixNOW

Satrix and EasyEquities have the same endgame in mind – to deliver a slick, easy-to-use investing platform. That’s why we chose EasyEquities as our partner in the rollout of SatrixNOW.

SatrixNOW is a new, low-cost, user-friendly online platform allowing investors to OWN THE MARKET in three easy steps. Applying the innovation and expertise behind the SatrixNOW platform, SatrixNOW brings you simple, smart investing in a secure online environment. No more excuses… JUST START!

MORE ABOUT SATRIX (WWW.SATRIX.CO.ZA)

Satrix is a leading provider of index-tracking investment products in South Africa with more than R50 billion in assets under management invested in a wide range of retail and institutional offerings. We offer both unit trusts and exchange traded funds (ETFs).

Satrix is a pioneer in the index-tracking investment industry, launching a number of new and innovative index-tracking products over the years. Our flagship Satrix Top 40 ETF (now with a market capitalization of R8 billion) was the first ETF launched in South Africa in 2000.

SatrixNOW is just another way we are staying ahead of the game to make sure your experience is the best it can be.

WHY SHOULD I INVEST THROUGH SatrixNOW?

You’ve made the smart choice to invest. SatrixNOW makes your investment experience easy and efficient (think your last Uber ride) and, most importantly, offers it all at a low cost.

WHAT IS FRACTIONAL INVESTING?

When you invest in a fraction of a share via our SatrixNOW platform, Satrix issues you, the investor, with a CFD contract. A CFD is a derivative contract entered into with us, Satrix as principal, that mirrors the economic benefits associated with share ownership (price movements, dividends and other corporate actions) without you having to own the underlying share directly. In short, fractional security rights (FSRs) gives you all of the economic benefits of share ownership but does not mean that you own the underlying share.

As you make further investments in FSRs, and ultimately end up with a whole share, the CFD contract is closed out and the whole share is delivered to you.

THE BENEFITS AND RISKS
OF FRACTIONAL INVESTING:

THE BENEFITS:
1. PORTFOLIO DIVERSIFICATION - NEVER LEAVE MONEY OUT OF THE MARKET

As you may know, trading on a securities exchange can only happen in whole shares, which is why many investment platforms only allow you to trade whole shares.

But this is not really an efficient way to do things. For example, imagine that you have a portfolio with 7 Exchange Traded Funds (“ETFs”) and one share of each ETF costs R100. Now you only have enough money to make a R90 deposit (or your ETFs pay a total of R90 of dividends). With a platform that only offers whole shares you cannot use your R90 to add to your investments because it’s not enough to buy a single share of anything. So that R90 will just remain un-invested, waiting for you to add additional cash before you can even buy a single share.

As deposits and dividends flow through this account over time it will always have some amount of pesky cash remainder sitting there. This is sub-optimal investing and a wasted opportunity over the years.

2. TECHNOLOGY MEANS LESS WASTE

We believe in efficient investing. Through the thoughtful application of technology we are able to employ fractional share investing, allowing the investment of every rand according to your desired ETF selection. This ensures that your money is getting the most value possible out of investing.

3. DOWN TO 1/1000TH OF A SHARE

You can’t buy or sell fractional security rights (FSRs) on a securities exchange. However, as a SatrixNOW customer, your trades and resulting positions can be fractional - down to 1/1000th of a share - putting every rand and cent to work, while having a diversified portfolio. This is part of SatrixNOW’s unique sophistication.

In practice it also means that our service gives equal opportunity to all investors. It means an investor with a portfolio of R2 500 receives the same diversification benefits as one with a R250 000 portfolio (and we don’t require a minimum deposit or investment).

4. WHAT DOES FRACTIONAL SHARE RIGHTS (FSRs) MEAN FOR YOU?

You are more likely to reach your goals faster because all the money you have available for investment is always working for you.
You choose exactly how much to invest; we do all of the maths for you. You never have to think about the cost of an individual asset when you make deposits or withdrawals from your portfolio.

IS SatrixNOW MY MOST AFFORDABLE INVESTMENT CHOICE?

When it comes to investing, costs really do matter. SatrixNOW has no minimum trade commisions, no monthly account fees and no unnecessary data costs...that means more money is allocated to your investment.

It's never been easier to invest.
Here are our 5 reasons why:


1. Low-cost investing.

INVESTING HAS NEVER BEEN CHEAPER
SatrixNOW
MONTHLY ACCOUNT COST FREE
MINIMUM BROKERAGE NO MINIMUMS
BROKERAGE COMMISSION (EX VAT) 0.25%

SatrixNOW BRINGS YOU THE MOST AFFORDABLE WAY TO OWN THE MARKET.

2. Fractional investing.

IS SatrixNOW MY MOST AFFORDABLE INVESTMENT CHOICE?

When you can’t afford to buy a whole share you can still invest in a fractional share right. This way you can invest in your favourite Satrix ETFs with an amount that you can afford.

3. Easy execution.

INVEST IN SATRIX ETFs IN 3 EASY STEPS

What you need to do is: select how much money you’d like to invest, set up an account, and click to invest.


...
REGISTER

Create your account and upload your FICA documents. You will receive an e-mail once your account has been verified. This means you can start investing!

...
DEPOSIT

You can fund your account by making a deposit (or simply redeem your voucher). Take note that the standard SatrixNOW account and the SatrixNOW Tax-Free Savings Account (TFSA) are two separate accounts and will need to be funded seperately. You can fund your account via EFT, credit card or SID (instant EFT).

...
INVEST

Select the Satrix ETF you would like to buy. You can invest any amount you choose – there are no minimums! Your trade will be confirmed via e-mail.

4. Simple application process.

SAVE TIME AND EFFORT - OUR FICA PROCESS IS SEAMLESS

Once you’ve completed the easy online registration process, you can upload the required FICA documents from within your account or e-mail them to newaccounts@satrixnow.co.za.

5. Secure payment.

ENJOY PEACE OF MIND

Pay safely by Electronic Funds Transfer (EFT), Instant electronic funds transfer (SID) or credit card as SatrixNOW makes sure all your data is protected.

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