Shares, also called "member shares", are distributed to all clients on a 1:1 basis. If you invest R100.00 you will then be issued with 100 shares.
Benefits of owning shares:
- The more you invest, the more shares you are given.
- Each share earns you dividends.
- Power to vote.
* Please note that regardless of how much shares you own, you will only be given one (1) vote for each voting event. One hundred shares do not equal 100 votes.
* When your investment product matures or you decide to leave the bank, your shares are forfeited and returned back to the bank.