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Investment
March 3, 2020

Satrix moves its R6 billion investment plan to online platform

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<p><strong>By: Satrix</strong></p>

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<p>The Satrix Investment Plan, launched in 2006, has been moved to SatrixNOW. Effective 1 March 2020, more than 50 000 Satrix Investment Plan clients have their accounts online at <a href="http://satrixnow.co.za/" data-saferedirecturl="https://www.google.com/url?q=http://SatrixNOW.co.za&amp;source=gmail&amp;ust=1583305520813000&amp;usg=AFQjCNHl_qutonaEoz4d9viZ1Lx41cylfw">SatrixNOW.co.za</a>, which is administered by EasyEquities and uses the technology of the Easy platform.</p>

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<p>Satrix launched SatrixNOW in December 2015, together with then fintech start-up, EasyEquities. Says Satrix CEO, Helena Conradie “The ability to offer our clients NO MINIMUMS was a game-changer not only for Satrix, but for the entire South African investment industry. We knew at that time that EasyEquities offered exactly what we needed in a fintech partner. Now we’re consolidating our clients on a single online platform that offers access to all. The potential benefit that this consolidation and strengthened partnership brings to the client experience is another exciting milestone for the business.”</p>

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<p>Sanlam, who owns 100% of Satrix, strengthened the partnership in 2017 by acquiring a 30% stake in EasyEquities. Charles Savage, CEO at EasyEquities comments “This is a great example of what you can achieve when two companies partner with a shared purpose to democratise all things investing. This brings total assets across all Easy platforms to over R16 billion, a massive milestone which could never have happened without our wonderful partners in Satrix and shareholder in Sanlam.”</p>

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<p>Access and inclusion for the man on the street has always been a key focus for Satrix. Satrix listed the very first ETF in South Africa in November 2000. The index business is celebrating its 20<sup>th</sup> anniversary this year and has reached assets under management of R100 billion.</p>

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<p><em>Clients who need assistance are welcome to contact </em><a href="mailto:helpme@satrixnow.co.za">\helpme@satrixnow.co.za</a></p>

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