Franc has been built to help you grow your wealth and thrive financially. We do this by providing easy access to high-performing, low-cost investment funds. No complicated paperwork to fill out. No difficult to understand product information. We’ve been through that for you. Simply download Franc, set up your account and profile information, and start investing. Franc is only available to South African citizens and residents at this time.
Franc is free to download.There is no minimum contribution required and there are no hidden fees. Franc users can withdraw or transfer their money anytime without penalty.
Members can invest in either the money market and the stock market for only R5 per month. 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.
The two funds we provide easy access to are the Allan Gray Money Market Fund and the Satrix 40. The fees charged by these funds are included in the Franc fee of 1%.
Franc is currently a beta version (which means we’re learning fast from our early user base, and incorporating all of this into the next release, due before the end of May 2019. So if it is a little buggy please bear with us. If you’d like to start investing right away download the app now (and help us make the the next version even better with your feedback), or if you’d prefer to wait for a much more polished experience please email us at firstname.lastname@example.org, and we’ll be sure you’re one of the first to know.