ZAR X – THE ALTERNATIVE TO THE JSE
The grant of exchange licenses is an attempt by the FSCA, following an amendment to the Financial Markets Act, to create more competition in the stock exchange space in South Africa. Additional competition in a market where one exchange has the monopoly will inevitably benefit the consumer. Competition drives down costs and increases liquidity within the market.
What makes ZAR X different?
ZAR X aims to make use of disruptive fintech in order to improve market efficiency. The exchange aims to remove barriers to entry, reduce transaction costs and save time on transactions.
Their business model is simple, intuitive and aims to benefit the consumer. They have four key business principles that are the cornerstone on the business model.
- Simplicity
- Transparency
- Agility
- Low fees
ZAR X have pioneered real-time settlement (T+0) for unit trusts in South Africa. This cutting edge fintech allows unit trusts and cash to be digitally replicated as tokens on the same ledger, allowing immediate trading, settlement and payments to reflect in real time after the fund NAV is published.
Interested to find out on how you can get access to securities listed on ZAR X?
Diversification between various asset classes is a crucial element of a well-diversified investment portfolio. ZAR X provides the market with a broad range of asset classes, from property listed funds to agricultural funds. Visit our website at www.caveat.co.za to find out how you can invest in securities listed on ZAR X. Alternatively, refer to our contact details below to speak to one of our representatives.
Who are we?
Caveat Capital Management is a strategic advisory firm based in Cape Town. Caveat Capital Management specializes in structuring tailor-made investment portfolios that serve your needs now and grow with you as your needs change. Caveat works to maximize your gains and minimize the risk.
What we offer
Caveat Capital Management has a competitive fee structure that incentivizes the portfolio manager to perform and the renumeration is highly linked to the performance of the portfolio. Caveat Capital MGMT (Pty) Ltd is a CATII – Authorized Financial Services Provider (FSP no. 24777) registered at the South African Financial Services Conduct Authority (FSCA). Meaning that we have the required licensing to structure full-discretionary portfolios structured to your needs.
Disclaimer
This report does not guarantee the suitability or potential value of any information or particular investment source. The information provided is not intended to, nor does it constitute financial, tax, legal, investment or other advice. Before making any decision or taking any action regarding your finances, you should consult a qualified financial adviser. Nothing contained in this publication constitutes a solicitation, recommendation, endorsement or offer by Caveat Capital Management, but is merely an invitation to do business.
Contact Information
Main Office
Bakers Square Building M01, Unit 108, 18 de Beers Avenue, Paardevlei, Somerset West, 7130.
Phone
Office: +27 (0)21 830 5777
General enquiries: info@caveat.co.za
Website: www.caveat.co.za
Information and content
The information in and content of this publication are provided by Caveat Capital Management as general information about the company and its products and services. Caveat Capital Management does not guarantee the suitability or potential value of any information or particular investment source. The information provided is not intended to, nor does it constitute financial, tax, legal, investment or other advice. Before making any decision or taking any action regarding your finances, you should consult a qualified financial adviser. Nothing contained in this publication constitutes a solicitation, recommendation, endorsement or offer by Caveat Capital Management, but is merely an invitation to do business.
Caveat Capital Management has taken and will continue to take care that all information provided, in so far as this is under its control, is true and correct. However, Caveat Capital Management shall not be responsible for and therefore disclaims any liability for any loss, liability, damage (whether direct or consequential) or expense of any nature whatsoever which may be suffered as a result of or which may be attributable, directly or indirectly, to the use of or reliance upon any information provided. Past performance is not an indication of future performance. Caveat Capital Management does not provide any guarantee regarding capital or performance.
Caveat Capital MGMT (Pty) Ltd is a CATII – Authorized Financial Services Provider (FSP no. 24777) registered at the South African Financial Services Conduct Authority (FSCA).