Investment ideas for small savers

● Retirement annuities (RAs) Easy Equities RA No minimum monthly contributions

● Costs around 0.9% to 1.8% a year Sygnia RA

● Minimum monthly contribution of R500

● Costs 0.35% a year if you invest in the Skeleton passively managed funds Unit trusts Gryphon money market

● R200 a month

● Annual management fee 0.29% Satrix ETFs and unit trusts on SatrixNow

● No minimums

● Costs 0.48% a year for recurring investments plus brokerage costs

● Choice of funds including Satrix Top40, Satrix Balanced Fund and Satrix MSCI World

Franc digital stokvel

● No minimum investments

● Access to the Allan Gray money market fund and the Satrix 40 ETF (fees 0.29% to 0.35%)

● R5 a month membership fee after six months and another six months free for every friend who joins