What is the minimum lump sum investment into Investonline.co.za?
Who handles my money?
The administrator is Allan Gray Investment Services Limited and you r funds are collected by them and your units are held in safe custody by Allan Gray. Investonline.co.za is acting as advisor and agent in this transaction.
Why is it so important to spread you money across 4 funds?
This is called diversification and it reduces institutional risk for clients that want to ensure that they receive an above average performance as portfolio is generally invested across the top 3/4 unit trusts in each risk category.
What if I want to invest in funds other than what Investonline.co.za recommends ?
This can be done via our website – and client have done this already and we will process the business at the same quoted no upfront fee – but it is then done at your own risk from an advice perspective.
What is the minimum monthly debit order ?
It is R1000 p.m. but the minimum per fund is R500 per fund – therefore on a R1000 p.m. debit order you can only have 2 funds. To have 4 funds then you would need to do a monthly debit order of R2000 p.m.
What happens if I disagree with my risk profile result?
We recommended that you do it a few times if you disagree with the result and then make a decisions where you fit in on the risk spectrum of 1-5. Also feel free to email us if you are not sure of you risk profile.
What are "premium branded" unit trusts that Investonline.co.za refers to?
These are unit trust management companies with impeccable performance track records over the last 3,5, 7 & 10 years to date and are essentially the only funds that Investonline.co.za offers to its clients.
Can I phase my lump sum investment money into the Investonline portfolio recommended to me - as I am a little apprehensive presently?
Yes you would tick the “phase-in” block on page 2 (section 3) and complete the Allan Gray “phasing in form” under other forms section. This would allow you to phase the lump sum investment in over 3, 6, 9 or 12 months from either the Allan Gray Stable fund of the Allan Gray Money Market fund.