South Africa
AutoShare Invest account
Expand your investment horizons into the stock market with ease through an AutoShare Invest account
R
250
MINIMUM TRANSACTION SIZE
Anytime
Access to Funds
Diversify
OVER 250 SHARES AND ETFs TO CHOOSE FROM
Some of the benefits
Automation
Set up monthly recurring purchases on a date that suits you
Diversification
Access more than 250 JSE Shares and ETFs on an ad-hoc or recurring basis
Ease of access
Place buy or sell orders into the market at anytime during a JSE trading day
Flexibility
Choose to have profits paid to your bank account or top up your next purchase
SHARE TRADING MADE SIMPLE
Invest in your future through AutoShare Invest
What you get
- Low-cost access to the stock market
- Access more than 250 JSE listed Shares* and Exchange Traded Funds (ETFs)
- Diverse exposure to onshore and offshore equity markets and commodities through ETFs
- An investment platform that is easy to navigate
- Ability to automate your investing by setting up recurring purchases
- Reinvest proceeds from your investments as part of your next scheduled order
- Ability to buy and sell shares and ETFs at anytime during market hours
How it works
Purchases
- You may at any point place a purchase order to use available funds in your trading account, subject to the minimum trade sizes of R250
- If there are insufficient funds in your account, you can use the “top up my account” feature to transfer money from your bank account to your trading account
- If the market is closed at the time that your order is received it will be automatically sent to the market when it next opens
- Option to automate your investing by setting up recurring purchases on a date that suits you
Sales
- You may at any point place a sale order stipulating the number of units held you wish to sell
- Choose whether to have the proceeds of the sale remain in your investment account (so they may be used for a later purchase) or to have them automatically paid out to your bank account (this will happen 3 business days after the sale). Any unused funds in the account do earn interest.
- If the market is closed at the time that your order is received it will be automatically sent to the market when it next opens
WHAT IT COSTS
- Brokerage is charged at 0.15% of the value invested with no minimums. A 0.12% annual safe custody fee will be levied at 0.01% per month.
Statutory fees comprise:
- Securities Transfer Tax (STT) – 0.25% of trade value, only applicable to the purchase of shares (ETFs exempt)
- STRATE fees are 0.005787% on the value of the share transaction:
- The minimum is R10.19 for trades with a value up to R176,000
- The maximum is R73.49 for trades with a value over R1,270,000
- Investor Protection Levy (IPL) 0.0002% of trade value
- VAT on Brokerage, STRATE and IPL
- Withdrawals are charged at R4.56 per single withdrawal to your nominated bank account.
- If Early Settlement requested, it is charged additionally at 0.25% with a minimum of R39.90 (including VAT)
How to get it
What you'll need
- An existing rand-denominated transactional account with Standard Bank*
*If you're a minor, you'll need the consent of your parent or guardian
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What you get
-
How it works
-
WHAT IT COSTS
-
How to get it
- Low-cost access to the stock market
- Access more than 250 JSE listed Shares* and Exchange Traded Funds (ETFs)
- Diverse exposure to onshore and offshore equity markets and commodities through ETFs
- An investment platform that is easy to navigate
- Ability to automate your investing by setting up recurring purchases
- Reinvest proceeds from your investments as part of your next scheduled order
- Ability to buy and sell shares and ETFs at anytime during market hours
Purchases
- You may at any point place a purchase order to use available funds in your trading account, subject to the minimum trade sizes of R250
- If there are insufficient funds in your account, you can use the “top up my account” feature to transfer money from your bank account to your trading account
- If the market is closed at the time that your order is received it will be automatically sent to the market when it next opens
- Option to automate your investing by setting up recurring purchases on a date that suits you
Sales
- You may at any point place a sale order stipulating the number of units held you wish to sell
- Choose whether to have the proceeds of the sale remain in your investment account (so they may be used for a later purchase) or to have them automatically paid out to your bank account (this will happen 3 business days after the sale). Any unused funds in the account do earn interest.
- If the market is closed at the time that your order is received it will be automatically sent to the market when it next opens
- Brokerage is charged at 0.15% of the value invested with no minimums. A 0.12% annual safe custody fee will be levied at 0.01% per month.
Statutory fees comprise:
- Securities Transfer Tax (STT) – 0.25% of trade value, only applicable to the purchase of shares (ETFs exempt)
- STRATE fees are 0.005787% on the value of the share transaction:
- The minimum is R10.19 for trades with a value up to R176,000
- The maximum is R73.49 for trades with a value over R1,270,000
- Investor Protection Levy (IPL) 0.0002% of trade value
- VAT on Brokerage, STRATE and IPL
- Withdrawals are charged at R4.56 per single withdrawal to your nominated bank account.
- If Early Settlement requested, it is charged additionally at 0.25% with a minimum of R39.90 (including VAT)
What you'll need
- An existing rand-denominated transactional account with Standard Bank*
*If you're a minor, you'll need the consent of your parent or guardian