Franc will help you grow your wealth through low-cost passive investment. Franc is a community of friends. Members can invest in either the money market and the stock market for only R5 per month. No minimum contribution required. Members can withdraw or transfer your money anytime without penalty. No hidden fees. No paperwork, everything is done through our mobile app.
Access is free for the first 6 months. And members can get another six months free for every friend they invite who becomes a member. This offer is only valid during the first free six months period.
Franc strives to access low-cost investment vehicles that provide superior returns. And so Franc has selected Allan Gray Money Market Fund, which charges 0.29% per annum, and SATRIX40 that charge 0.25% per annum. These underlying costs are deducted by the fund managers, investment returns to members are net of these management fees and portfolio costs.