Back
 
Home
For Me
& My Family
For My Business
Corporates + Public Sector
Private
Calculators
Rates + Pricing
About FNB + Legal
Contact Us + Tools
Careers at FNB

Close

Close

Please select

For My Business

< R10m annual turnover

For My Business

> R10m annual turnover

Close

Please select

For My Business

< R10m annual turnover

For My Business

> R10m annual turnover

Close

Close

Daily Banking

Close

Tools

Register Forgot Username or Password Verify payments

Close

Menu

Bank Family & Life stage solutions Events & Services Bank better

Switch to FNB

Product Shop

Financial Solutions

Bank Invest Borrow Insure Connect

Ways to bank

Digital Banking Branch, ATMs + Telephone Banking + @Till Banking Digital Payment Solutions nav»

Invest abroad

Global Solutions

Financial planning

Overview Personal goals Child's education Emergencies Tax free Estate + legacy planning Employee Benefits

Forex

Foreign exchange solutions

eBucks Rewards

eBucks Rewards SLOW

Switch to FNB

Product Shop

Lifestyles

Family Banking Youth accounts FNB EasyPlan Islamic banking Premier Young Professionals Medical Professionals Premier Select Over 55s Encore - Over 55s Retirement

Switch to FNB

Product Shop

Events

Events

Services

DebiCheck and Debit Order Balance Alert Limit Alert LOTTO and PowerBall Prepaid products Soccer six Traffic fines Switching Services inContact Online vouchers Payments and Debit Orders DStv Payments Account Closure Guide

Switch to FNB

Product Shop

Bank better

Learn about banking FNB App guides

Close

Switch to FNB Business

Product shop

By Turnover

First Business Zero (R0 - R5 million p.a) Gold Business (R0 - R5 million p.a) Platinum Business (R5 million - R60 million p.a) Enterprise Business (R60 million - R150 million+ p.a)

Transact

Business Accounts Credit Cards Cash Solutions Merchant Services eWallet Pro Staffing Solutions ATM Solutions Ways to bank Fleet Services Guarantees

Savings and Investments

Save and Invest 3PIM (3rd Party Investment Manager)

Borrow

FNB Cash Advance Overdraft Loans Debtor Finance Leveraged Finance Private Equity Securities Based Lending Selective Invoice Discounting Asset Based Finance Alternative Energy Solutions Commercial Property Finance Fleet Services

Insure

Insurance

For my employees

Staffing Solutions Employee benefits

Forex + Trade

Foreign Exchange Imports and exports Structured Trade + Commodity Finance Business Global Account (CFC account)

Value Adds + Rewards

Connect my business the dti initiatives Enterprise and supplier development Business Hub eBucks Rewards for Business DocTrail™ CIPC Integration Channel Instant Accounting Solutions Instant Payroll Instant Cashflow Instant Invoicing SLOW 24/7 Business Desk FNB Business Fundaba nav» Marketplace Prepaid products Accounting integrations

Industry Expertise

Philanthropy Chinese Business Islamic Banking Agriculture Public Sector Education Healthcare Franchise Motor Dealership Tourism

Going Global

Global Commercial Banking

Financial Planning

Overview

Bank Better

KYC / FICA Debit order + recipient switching Electronic Alerts

Close

Corporates + Public Sector

Corporate Public Sector

Close

Home Loans

Affordability Bond Calculator

Day to day banking

Budget Future Value Credit Cards

Shares

Share Investor

Vehicle Finance

Vehicle Repayment Vehicle Purchase Price

Close

Product Rates

Save and Invest Transactional Savings Legal Practitioners and General Trust Account Global Accounts

Pricing Guide

Overview

Rates

Foreign Exchange Rates Lending Rates

Indicators and Share Price

SA Indicators

Close

News + Insights

Press Office Economics commentary Insights Business Hub

Close

Terms + Conditions

Product Terms and Conditions Promotions Terms and Conditions Legal Matters

About Us

World of FNB

News + Insights

Press Office Economics commentary Insights Business Hub

FNB Subsidiaries

Botswana Lesotho Ghana Namibia Swaziland Zambia Channel Islands

Close

Talk to us + important numbers

Contact us

Fraud + Disputes

Security Centre

Locators

ATM Locator Branch Locator/Book a Branch Visit eWallet GEO Locator

Tools

Switching Services Track and Trace Lead Form Tracking Upload Documents - For Me Upload Documents - For My Business Reporting a death Software Downloads FNB Approved Suppliers FNB Prospective Suppliers Verify Guarantee Verify Statements Verify Payments Verify Account Confirmation/Visa Application Letters eWallet balance enquiry

Close

Careers at FNB

Find out more about careers at FNB Apply here

Close

Close

All savings + investment accounts

Cash deposits

Notice deposits Immediate access Access to a portion Fixed deposits

Share investing

Shares

Tax-free investing

Tax-free accounts

Funds/unit trusts

Ashburton specialised products

Invest abroad

Offshore products

I want to save for

Personal goals Child's education Emergencies Tax-free

Compare similar

Compare

Additional options

Show me all Help me chosse Find an advisor

Financial planning

Overview

Close

Learning Centre

Get access to expert advice in creating, growing and protecting your wealth, with the right answers that will guide you to make a sound decision about your investment goals.

Top investing tips

Spread your investment across different companies and over different sectors. The biggest risk in investing is putting all your eggs in one basket. The easiest way to diversify share investments is through exchange traded funds (ETFs).

Start investing now

Don't wait. The sooner you start to invest, the better. Time is an investor's best friend because it gives your investments the best chance for growth.

Invest regularly

The sooner you create the good habit of regular investing the sooner you start participating in market growth.

Budget to invest

Only invest money that you set aside on a monthly basis to help grow your investments. This should never be money that you would need for day-to-day expense.

Invest for the long term

Investing is a marathon and not a sprint. Make sure that you are happy with the idea that the money invested is not available to you for the near future.

Diversify your share portfolio

Spread your investment across different companies and over different sectors. The biggest risk in investing is putting all your eggs in one basket. The easiest way to diversify share investments is through exchange traded funds (ETF).

All about shares

Before you decide to invest in shares it's important to understand what shares are, how you can buy and sell shares and to familiarise yourself with basic stock market terms and concepts.

Owning shares

  • Where you fit in
  • Rights of shareholders

The ups and downs

  • Short term
  • Long term

What costs to expect

  • Industry fixed costs
  • Broker's costs

Where you fit in

  • As a shareholder, you are a part owner of the company, which means that you have a right to share in the company profits (called dividends).
  • Dividends are paid at the discretion of the company's directors. Many companies don't declare dividends but rather use the profits of the company to grow the business.
  • Shareholders make money in two ways: by selling shares at a higher price than they paid for them and receiving dividends.

Rights of shareholders

  • Attend and vote at the company's annual general meeting (ordinary shareholders) and vote on subsequent corporate actions undertaken by the company.
  • Receive annual reports and interim reports.
  • Receive a share of profits (dividends).
  • Share in the underlying assets should the company be liquidated, after all other creditors have been paid.
  • Shareholders have limited liability which means as a shareholder you are not personally liable if the company is unable to pay its debts. As a result the maximum that you can lose on a share investment is the amount that you paid for the share.
  • The fundamental rule is: The higher one's risk, the greater the expectation of receiving a high return. The opposite is also true however: the higher the risk, the greater the chance that the return will be zero or negative.

Short term

Events that can trigger share movements:

  • Company news (e.g. high customer satisfaction reports, top executives buying aggressively, etc.).
  • Publicity for the industry.
  • Global trends and events.
  • General economic conditions could affect the price:

    Inflation rate: A high inflation rate may result in more investors resorting to buying shares, thus increasing the demand for shares. Generally, shares are still a good risk minimiser against inflation because a company's earnings should theoretically grow at the same rate as inflation over time.

    Interest rates: High interest rates attract people into making investments in interest rate-bearing investments and not in shares, thus decreasing demand for shares.

  • Political uncertainty and international conflicts e.g. terrorism: Foreign companies do not put money into troubled countries, thus decreasing demand for shares.
  • Rumours and speculation: A rumour of prosperity can increase a share price and a less-favourable rumour can decrease a share price.
  • Acts of nature such as tsunamis or hurricanes.
  • More buyers than sellers can influence the price of shares to drop (and visa versa)

Long term

Expectations of buyers and sellers, concerning how much profit will be made, plays an important role in price behaviour in the long term. If a company does not perform well, shareholders start to sell and look for other shares. On the other hand, when a company performs well and declares good dividends, demand for shares exceed supply and investors are happy to pay a higher price.

Industry fixed costs

Fee type

  • STRATE charges settlement costs
  • Investor Protection Levy (IPL)
  • Securities Transfer Tax (STT) Tax on shares transferred on the stock exchange
  • Value Added Tax at 15% (payable on brokerage, IPL and STRATE)

Broker's costs

These are costs that you cannot avoid, although the broker's cost varies between brokerages.

Fee type

Brokerage fee paid to the broker who does the buying for you.

First National Bank - a division of FirstRand Bank Limited. An Authorised Financial Services and Credit Provider 1929/001225/06 (NCRCP20).