Unit trust companies set their own minimum investment amounts for each fund. If you commit to an ongoing investment with a monthly debit order, most unit trust funds require a debit order of at least R500, but some have minimums as low as R200 and some are as high as R1000.
Some exchange traded funds are available on platforms that allow you to own a fraction of the share and hence have no investment minimums.
If you want to invest a lump sum, first check how much your chosen fund will accept. While the most common minimum lump sum investment amount is R10 000, some require as much as R20 000 and others as little as R500.
Read more: Should you invest a lump sum or regular amounts in a unit trust fund?
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