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Best Investment Companies in South Africa

Investing is the best way to grow your money, make money work for you and gain financial freedom. However, every investment has some level of risk. You need to take calculated risks when it comes to investing. There are several companies that can help you invest and grow your money in South Africa. In this article, we will highlight the best investment companies in South Africa.

1. AllanGray

AllanGray is the leading investment company in South Africa. It was started in 1973 and its aim is to provide people with financial security. AllanGray offers a wide range of investment products and services like retirement savings. AllanGray offers two investment options; unit trusts and group savings. If you want to secure your retirement, AllanGray is the best investment company. Also, if you want to invest in the global market, they offer offshore investment products.

You can invest in their:

  • Balanced Fund
  • Equity Fund
  • Money Market Fund
  • Stable Fund

2. Stanlib

Stanlib is an investment company in South Africa founded in 2002. Stanlib deals with a wide range of asset investments like fixed income, equities and credit alternatives. They also offer offshore investment in case you want to invest your money abroad.

Stanlib offers a wide variety of investment options in South Africa. You can opt to invest in their:

  • Money Market Fund
  • Extra Income Fund
  • Balanced Fund
  • Balanced Cautious Fund

3. iTransact Fund Manager (IFM)

iTransact Fund Manager is an investment company in South Africa founded in 1964. It was listed in the Johannesburg Stock Exchange in 2001. IFM offers a wide range of investment options to retail and institutional investors. Some of the investment products it offers include:

  • Bond Fund
  • Equity Fund
  • Income Fund
  • Global Diversified Fund
  • Balanced Value Fund

4. Prudential Investment Managers

Prudential is among the leading investment companies in South Africa. The company can help you achieve your financial goals. They have a wide variety of investment products with over R250 billion in assets. Some of the investment products they offer include:

  • Balanced Funds
  • Real Estate Funds
  • Tax-Free Funds
  • Income Funds
  • Offshore Investments

Read also: Investment opportunities in South Africa

5. Coronation

Coronation is an excellent investment company in South Africa for those seeking to save for retirement. It was founded in 1993 and by March 2021, it had handled R629. billion of customer assets. The company mainly deals in asset management and other investment like medical plans, unit trusts and insurance. It also deals with other investments like:

  • Money Market Fund
  • Property Equity
  • Global Opportunities Equity
  • Pension and Provident Fund

6. ABSA

ABSA is one of the best investment banks in South Africa . You can invest in Absa Money Market Fund and it does not have monthly administration costs while interest is calculated on a daily basis. You need a minimum investment of about R100,000 to invest in short-term market instruments. Absa can help you achieve financial freedom through its investment products.

They offer the following investment products:

  • Tax-free investments
  • Retirement Annuity Fund
  • Offshore investments
  • Unit trusts

7. FirstRand

FirstRand is an investment company in South Africa with its headquarters in Sandton. It was started in 1970 and so far it has had sales worth $18.5 billion. It is a subsidiary of FirstRand Limited and is the largest bank in South Africa.

8. Old Mutual

Old Mutual is among the oldest and best investment companies in South Africa and Africa at large. You can invest through Old Mutual and achieve your financial goals. Old Mutual has long experience in investments. It offers free tax savings account you can use to grow your money without paying capital gain tax on dividends. You can start investing with as low as R250, while the maximum investment amount annually is R36,000.

9. Investec

Investec has long experience in investment and you can achieve your financial goals through it. It offers high returns on investment and you can easily grow your money through the platform. It offers wealth and asset management investment products. It has long experience in the investment industry and it is one place you can grow your money.

10. Fairtree Capital

Fairtree Capital was founded in 2003 to help people invest. You can invest with them and secure your retirement and future. You don’t have to worry about your retirement or your future. The funds you have invested are managed by investment experts to ensure that you get a high return on investment. When you claim your money, it is repaid together with accrued interest.

Related: Highest paying companies in South Africa. 

Which is the Best Investment Company in South Africa?

When selecting an investment company, it is good that you consider the assets you want to invest in. Also consider fees charged by an investment company. You can shop around to get the best investment company in South Africa. 

Summary on Investment Companies in South Africa

The above are some the best investment companies in South Africa that can help you grow your wealth. You can plan for your retirement with the money you have invested in any of these companies. This gives you peace of mind and you don’t have to worry about your future or retirement. Your money is handled by investment experts and put into investments with high returns.

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