Tired of not knowing where or how to invest? We believe that everyone can invest like a pro. Our mission is to make investing accessible to everyone. We believe there are three simple principles to smart investing:
1. Setup a rainy day fund
Don’t leave your cash in the bank! Put your cash where it can grow and be available when you need it. We’ve identified a leading money market fund where your money will grow faster than in a bank account, with no minimums or fixed lock-in periods.
2. Invest towards a long term goal
Give your money time to grow! Invest in the biggest companies for better long-term growth. Through Franc you can invest in a leading index-tracker equity fund so you can own the market without having to worry about which companies to pick.
3. Pay less in fees
Everyone knows that banks and financial advisors charge high fees. These high fees will eat into your returns and over the long term high fees can really hurt you, which is why Franc charges a low, all-in fee of 1% of your investments per year. No other hidden fees.
We know that investing is fundamentally about trust and sadly gone are the days when your financial advisor was a family friend. All too often banks and financial advisors are lining their pockets instead of yours. Our mission is to protect your money, always be independent and transparent.
With Franc:
- Your money will be protected as if it were our own. Encrypted end-to-end and protected with biometrics or secure passcode.
- We will always strive to give you access to leading funds in the market. We exist to serve you and not our partners. We don’t receive any kickbacks.
- There will never be any fine print. Gone are the days of confusing language and hidden fees. We are 100% digital, unambiguous and direct. Totally Franc.
Download the app and start investing in minutes.
Please note: Franc is only available to South African citizens and residents at this time.