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Finweek English Edition - - FEEDBACK - WIL­LIAM THOM JANA MARAIS, FIN­WEEK

WRITES VIA EMAIL: A few months ago, Si­mon Brown cov­ered op­tions of util­is­ing tax-free in­vest­ments. I have un­for­tu­nately mis­placed the spe­cific Fin­week edi­tion that cov­ered this. I can re­call that Si­mon split his ini­tial (first year) in­vest­ment of R30 000 up into two or three dif­fer­ent in­vest­ments and shared that he would adapt the weight­ing strat­egy in later years.

EDITOR, RE­SPONDS: In our 2 April edi­tion Si­mon ad­vised to open a taxfree sav­ings bro­ker­age ac­count and in­vest in three ETFs: BBET40, DBXWD and PTXTEN. His first pur­chase was R15 000 of the first two. He aims to add PTXTEN next year, buy­ing the three in equal tranches of R10 000 each.

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