Author Topic: CoreShares Investment Platform  (Read 25165 times)

Hamster

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Re: CoreShares Investment Platform
« Reply #15 on: May 02, 2018, 11:03:25 am »
Hamster, I went through the hell that is ABSA Fica and now have this open, Going to transfer portfolio from EE to ABSA, will then wait till we able to transfer TFSA, any idea when that is?
If Treasury is to be believed, 1 March 2018. But I'll believe it when I see it.

I guess we can believe Treasury :o :D

So, in my hunt for an alternative to ABSA that is not EE I came across CoreShares again... *pondering*

willemm

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Re: CoreShares Investment Platform
« Reply #16 on: May 02, 2018, 12:31:13 pm »
ja it will suck though to be limited to just CoreShares ETFs.

Do they offer a TFSA also?

Patrick

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Re: CoreShares Investment Platform
« Reply #17 on: May 02, 2018, 02:51:07 pm »
Hamster, I went through the hell that is ABSA Fica and now have this open, Going to transfer portfolio from EE to ABSA, will then wait till we able to transfer TFSA, any idea when that is?
I went through the same hell and planned to do just that, but since ABSA released their inactivity fee I've reversed the decision. Now going from ABSA to EE, have you decided what to do with yours?

@Hamster, aside from only being able to use only coreshares ETFs are there any monthly/annual/inactivity type fees with coreshares?

willemm

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Re: CoreShares Investment Platform
« Reply #18 on: May 02, 2018, 06:31:58 pm »
Hamster, I went through the hell that is ABSA Fica and now have this open, Going to transfer portfolio from EE to ABSA, will then wait till we able to transfer TFSA, any idea when that is?
I went through the same hell and planned to do just that, but since ABSA released their inactivity fee I've reversed the decision. Now going from ABSA to EE, have you decided what to do with yours?

@Hamster, aside from only being able to use only coreshares ETFs are there any monthly/annual/inactivity type fees with coreshares?

on a side note, I've transferred my TFSA from Standard bank OST to EE. That took a week and 2 days. OST was super fast to send certificates, EE also fast on receiving and everything captured correctly. So now for the wife's and daughter's TFSA to move from ABSA to EE.

willemm

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Re: CoreShares Investment Platform
« Reply #19 on: May 02, 2018, 06:38:13 pm »
Hamster, I went through the hell that is ABSA Fica and now have this open, Going to transfer portfolio from EE to ABSA, will then wait till we able to transfer TFSA, any idea when that is?
I went through the same hell and planned to do just that, but since ABSA released their inactivity fee I've reversed the decision. Now going from ABSA to EE, have you decided what to do with yours?

@Hamster, aside from only being able to use only coreshares ETFs are there any monthly/annual/inactivity type fees with coreshares?

it looks like they charge a 0.30% admin fee. From their invest website:
"The CoreShares Online service costs 0.30% ex Vat (per annum)"

Hamster

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Re: CoreShares Investment Platform
« Reply #20 on: May 03, 2018, 07:32:55 am »
Hamster, I went through the hell that is ABSA Fica and now have this open, Going to transfer portfolio from EE to ABSA, will then wait till we able to transfer TFSA, any idea when that is?
I went through the same hell and planned to do just that, but since ABSA released their inactivity fee I've reversed the decision. Now going from ABSA to EE, have you decided what to do with yours?

@Hamster, aside from only being able to use only coreshares ETFs are there any monthly/annual/inactivity type fees with coreshares?

As far as I can tell (and I haven't investigated this in depth) there is only an annual charge that is a "concern". R300 pa for R100,000 invested (EDIT: as per above). It's actually not a lot but still there. If you don't mind EE then EE is a better option IMO. I'm not the biggest fan so I want an alternative.

I'll run it for a while with small amounts of money and see what happens. I'd like to transfer my TFSA from EE but except for Allan Gray/Coronation I don't really see any alternatives except Sygnia maybe.
« Last Edit: May 03, 2018, 07:36:22 am by Hamster »