How to invest for less with FNB Shares Zero
When it comes to long-term compounding and generating consistent sustainable returns, even the smallest contributions can go a long way. That is why FNB has introduced Shares Zero, to allow customers to save on fees, resulting in larger capital balances to grow and compound over your investment journey. Sounds too good to be true? It's not and this is how it works:
Shares Zero
Shares Zero allows you as an investor to gain exposure to the top listed local and global companies through the JSE Top 40 shares, exchange-traded funds (ETFs) and exchange-traded notes (ETNs), without paying a monthly account fee. When you purchase any of the listed FNB or Ashburton ETNs or ETFs you will pay zero brokerage fees when buying any of these instruments, which means you have more money to invest.
Shares Zero offers clients access to all listed ETFs, ETNs as well as the JSE Top 40, giving investors a broad range of assets to choose from that align to long-term goals and investment strategies. Top 40 shares give exposure to the biggest and most mature companies listed on the JSE with a proven track record of growth and sharing of company profits in the form of dividends. As part of the ETN range, you also get exposure to the biggest global companies with FNB ETNs that track Alphabet, Amazon, Apple, Coca-Cola, Facebook, McDonald's, Netflix, Tesla and Visa just to name a few.
The inclusion of ETFs and ETNs in a portfolio assist in diversifying risk, due to investors obtaining exposure to multiple assets or different geographic locations through a single investment. There are also no minimum balances required to start investing, meaning Shares Zero can be used by the beginner investor looking to start their investment journey, or the seasoned investor looking to further diversify their portfolio and to reinvest all money saved on fees.
Fee breakdown:
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Monthly account fee: R0
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Brokerage fees when buying FNB and Ashburton ETNs and ETFs: 0%
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Brokerage fees when buying non-FNB and non-Ashburton ETNs and ETFs: 0.25%
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Brokerage fees when selling any asset: 0.25%
Monthly balances:
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There is no minimum balance required to open an FNB Shares Zero Account
As an investor, you control when you want to purchase or sell the available assets within your Shares Zero Account. The account is perfectly suited for investors looking to obtain equity exposure in a simple and cost-effective manner. As always, it's essential to allow assets enough time to perform once they have been selected and invested in. With no monthly fees and zero brokerage on FNB instruments, more of your hard-earned money will be invested in the market, meaning there is a higher probability of achieving long-term goals faster.
How do I open my Shares Zero Account?
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Online at www.fnb.co.za
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Through the FNB App
Take advantage of this great incentive from FNB and open your FNB Shares Zero Account today.
