Satrix changing their name to Itransact?

surface

Honorary Master
Joined
Oct 23, 2006
Messages
26,596
I get "Please note that this site will undergo routine maintenance and will be unavailable from 18h00 on Friday the 23rd January 2015 until 24h00 on Sunday the 25th January 2015. We apologise for any inconvenience in this regard."
 

Thor

Honorary Master
Joined
Jun 5, 2014
Messages
44,236
Will the etfs still be valid and all that ?
 

Galactica

Expert Member
Joined
Jun 27, 2006
Messages
3,325
I have just logged on and it's fine. I think it's because you logged on during maintenance.
 

VG008

Senior Member
Joined
Dec 9, 2010
Messages
797
I left them, poor admin service by AOS.

I agree - All that paper work is ridiculous.
This month, I updated my debit orders online for both Coronation and Allan Gray, but for Satrix I had to go the paper router.
 

VG008

Senior Member
Joined
Dec 9, 2010
Messages
797
Weren't they taken over by Sanlam?

Yeah...

http://www.satrix.co.za/about-us.php

Satrix today combines the ETF business of Satrix Managers (RF) (Pty) Limited (a registered and approved management company and an authorised financial services provider), of which Sanlam was a joint owner with Deutsche Bank until August 2012 when it became wholly-owned subsidiary of the Sanlam Group, and SIM. Smartcore (a division of Sanlam Investment Management (Pty) Limited, who have performed the asset management of the Satrix ETFs since inception), being the passive investment management business within Sanlam Investments. Now rebranded and functioning as a single operating unit (although remaining as separate legal entities for regulatory purposes), Satrix provides a full array of traditional and smart index products while simultaneously providing investors with the reassurance and backing of being part of a larger financial services group that has looked after the financial futures of many SA investors for more than 95 years.
 

supersunbird

Honorary Master
Joined
Oct 1, 2005
Messages
60,142
Weren't they taken over by Sanlam?

Indeed they were, the Sanlam SIM Equally Weighted Top 40 unit trust I opened last year was moved over to Satrix Equally Weighted Top 40 unit trust :(. I have not had the energy to deal with AOS to have it linked to my now unused Satrix profile.
 

R13...

Honorary Master
Joined
Aug 4, 2008
Messages
46,553
Guess I'm wondering why they're still remaining with AOS, I have three products with them and agree their platform is trying to say the least. On the plus side the returns have been steady while my Coronation top 20 has been bleeding since the oil price begun its free fall. At the least the balanced fund is doing better.
 
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