DURBAN - As analysts continued to discuss what a horrible year 2018 was for the JSE, 10X Investments has offered South African investors a great start to 2019.
10X Investments will be slashing the fees on new investment policies to zero for most of the year.
As fears about global growth intensified, the disruptive asset manager said clients who started a new retirement policy in the month of January would start paying 10X’s fees only in October.
The asset manager ran a similar offer in January 2018 in celebration of its first decade of market-beating performance.
10X’s annualised return over its first 10 years was 11.3 percent, an industry-beating performance, for which the company never charges more than 1 percent before VAT in fees, 2 percent less than the industry average.