The SA Stock Brokers Capital Tax-free Savings and Investment Account is manufactured so as to encourage individuals to save by offering them market exposure through Exchange Traded Funds (ETFs) combined with very favourable cost benefits.
SA Stock Brokers Capital takes the approach of creating a diversified ETF portfolio which is listed on the JSE. The ETFs will be purchased on a quarterly basis.
The TFSA portfolio comes with numerous tax benefits; investors are exempt from paying Capital Gains Tax, Interest Income Tax and Dividend Tax.
The investment offers individuals 2 fixed options via a mandatory debit order:
Investors may only contribute up to R 30 000 per year, and up to R 500 000 for the lifetime of the investment. The funds are easily accessible and the investment is liquid; however if funds are withdrawn, a period of a year must lapse before the investors may add funds back in and qualify for similar benefits afforded to them at the onset of the investment.
Any amounts exceeding the annual limit will be taxed at 40%.
Should you be interested in opening an account, please contact Yolande on 011 214 7250 or email
We are pleased to announce that SA Derivatives (a subsidiary of SA Stockbrokers) has been authorised by the South African Reserve Bank as a Foreign Exchange Intermediary.
This enables us to competitively quote and process on your behalf any FOREX requirements which you may have as an individual or a company.
Should you have any queries in this regard you are kindly requested to contact:
Or call Nicolene on: 011 214 7250
SA Stock Brokers is a member of JSE Limited
SA Derivatives is a member of JSE Limited, SAFEX and YieldX market. It is also an authorised Financial Service Provider (FSP No. 40248)