Win a R3000 investment voucher each week with Satrix and YFM
Written by YFM on 7th Sep 2021
For the next six weeks we are going on a journey to learn about how to invest and make your money work for you. At Satrix they say that we need to start now, so let’s start learning together!
Tune into “Bank on it” on The Lady on Drive with Satrix every Tuesday at 4pm where we’ll be chatting to a Satrix representative who will break down all we need to know about how to invest.
Then listen to the highlights podcast right here, answer one simple question and Satrix and YFM might be gifting you with a SatrixNOW investment voucher worth R3,000!
This week, we’re chatting to Siyabulela Nomoyi, Quantitative Portfolio Manager at Satrix.
Listen to this week’s interview here:
Tune in next Tuesday as we share with you how to own the market with Satrix!
Listen to last week’s interview here:
Competition Terms and Conditions
The Satrix competition on YFM flights from the 6th September and ends on the 15th October 2021.
The Satrix “Bank On It” on-air segment which takes place every Tuesday at 17:20, will be captured digitally in either a vodcast or podcast snippet with highlights from the feature moment.
The highlights segment will then be available on the YFM website, where we will ask listeners a question based on the content which is in the segment.
From all the correct answers received during the week, we will randomly select one winner per week who will be awarded a R3 000 Satrix Now Voucher which can be used towards jump starting their investment portfolio with Satrix.
Participants need to be 18 years or older to qualify and be a resident of South Africa.
The promoter is YFM, and Satrix Managers are the sponsor of the feature. Satrix Manager (RF) (Pty) Ltd, is a registered and approved manager in collective investment schemes in securities and an authorised financial services provider.
Satrix is the manager of the Satrix Unit Trust Scheme and the Satrix Collective Investment Scheme in Securities where the ETFs are listed on the Johannesburg Stock Exchange (JSE).
For both Unit Trusts and ETFs the investor essentially owns a “proportionate share” (in proportion to the participatory interest held in the fund) of the underlying investments held by the fund. With Unit Trusts, the investor holds participatory units issued by the fund while in the case of an ETF, the participatory interest, while issued by the fund, comprises a listed security traded on the stock exchange. ETF securities can be traded by any stockbroker on the stock exchange or via Investment Plans and online trading platforms. ETFs are index tracking funds, registered as a Collective Investment. ETFs may incur additional costs due to it being listed on the JSE.
The judges’ decision is final, and no further correspondence will be entered into.
The prize is not negotiable, and not transferable.
YFM reserves the right to change the terms and conditions pertaining to the competition
The prize winner will be required to submit all documentation required by Satrix in terms of law to open an investment account.
If a winner chosen does not comply, their entry will be disqualified, and a new winner will be randomly drawn.
If a winner cannot be successfully contacted, is ineligible to accept the prize, or contravenes the
terms and conditions of this competition or of YFM and Satrix, the prize will be forfeited.
Stock market investing carries risk. Investments in collective investment schemes are medium to long term investments.
No person may enter the same or any other competition hosted partly or in whole by YFM within 60 days of winning the same or any other competition hosted partly or in whole by YFM.
The station’s decision is final and no correspondence will be entered into.
No director of Yired (Pty) Ltd, employee at YFM and/or their agencies, and members of their immediate family; nor members of Satrix may enter this competition on YFM.
Any violation or attempt to violate any of the above rules will result in the immediate disqualification of the transgressor.
By participating in any competition hosted partly or in whole by YFM, where entry is on-line, participants further agree to be bound by our Internet Terms & Conditions.
YFM will ensure that they obtain the winner’s consent in order to give Satrix the winner’s personal information.
Satrix and YFM are not liable for any loss or damages that may occur as a result of entering or participating in the competition.
PLEASE NOTE: Unfortunately at this point in time our online registration only caters for South African citizens.
However, non-South African citizens can still register for a SatrixNOW account provided that they meet the requirements listed in points 1 or 2 immediately below:
I am a citizen of one of the Common Monetary Area countries (Ie. Namibia, Lesotho, Swaziland) OR
I am NOT a South African citizen or citizen of the Common Monetary Area countries BUT I have:
A valid South African Identity document AND
An active South African bank account