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Is Satrix investment worth keeping?

A Fin24 user wants to know if it is worth keeping his Satrix investment. He writes:

I invested R1 000 five years ago and I want to know if it is worth keeping it there at Satrix 40.

Can I add R200 per month by debit order to increase the savings?

Daryl Ducasse of Mekurius Capital Solutions, responds:

I think you are doing the right thing by topping up on an investment that may already be performing.

You should just be careful about the costs - that is, make sure the average weighted cost does not exceed the net asset value too much.

For a more detailed explanation read Satrix investment and costs

Disclaimer: Fin24 cannot be held liable for any investment decisions made based on the advice given by independent financial service providers. Under the ECT Act and to the fullest extent possible under the applicable law, Fin24 disclaims all responsibility or liability for any damages whatsoever resulting from the use of this site in any manner.

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