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Author Topic: DIY RAs  (Read 4830 times)

MrNC

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DIY RAs
« on: April 19, 2016, 08:49:09 pm »
Hi,

I was just wondering whether retirement annuity vehicles are available which allow you to select your own underlying instruments (eg. specific ETFs) - obviously such that the overall portfolio is still Regulation 28 compliant. I've seen the RAs offered by etfSA, for example, (which do look attractive) but I was just wondering if there was some means of ensuring greater control over the underlying investments (while at the same time limiting management fees that would be incurred were the portfolio to be actively managed).

I don't have much knowledge/experience in this regard, so any advice or help would be appreciated.

Thanks
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Patrick

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Re: DIY RAs
« Reply #1 on: April 20, 2016, 08:39:23 am »
I did read this once
Quote
Allan Gray and 10x investments are currently offering DIY Retirement Annuities. You can go online and start your own RA in minutes.
Taken from here: http://fspinvest.co.za/articles/retirement/the-one-question-you-need-to-ask-yourself-with-12-years-to-retirement-4502.html

Wouldn't touch Allan Gray with a barge pole considering their fees. I also looked at the fees on 10x, if you have over R10m then they're the cheapest out there, anything less than that, and your cheapest bet is the Sygnia Skeleton Balanced 70 Fund with a TER of 0.45%.
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