Beware of "JSE Investment" scams

The JSE Limited/ Johannesburg Stock Exchange (JSE) is aware of a several scams (on Telegram and WhatsApp) posing as authorised JSE investment schemes and/or using the names(s) of JSE Executives (including our CEO, Leila Fourie).

In these investment scams, potential investors are urged to deposit money into a bank account and promised quick and guaranteed returns on their investment. These types of groups are not authorised by the JSE and the investments referred to are not authorised or endorsed by the JSE or any members of the JSE Executive. The JSE does not recruit investors in this manner.

The only way to invest on the JSE is via an authorised JSE stockbroker. A list of stockbrokers can be found on www.jse.co.za and then click on 'find a stockbroker' and you will find a list of stockbrokers in your area who will help you to open an account and you can begin your investment journey with the JSE.

Should you suspect a false investment scam group, please report these to the JSE at [email protected].

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The first Exchange Traded Fund (ETF) in South Africa was listed on the JSE on 27 November 2000. It was the Satrix40 and started trading at 774c. Over that time it has paid more in dividends and currently trades at around 4700c - a great investment over the period.

Now with over 70 ETFs and almost as many Exchange Traded Notes (ETNs) the sector has boomed as passive investing has seen a global surge.

Twenty years later this JSE Power Hour will be looking back at how the local industry has grown with commodity and offshore ETFs being added, tax-free investing introduced in 2015 and more recently FNB introduced ETNs over individual tech stocks. .


TIME:  17:30 - 18:30

WEBINAR:  Click here

FURTHER INFO:  Ipfani Mogoba on 011 520 7842

                              [email protected]

INVITE A FRIEND:  Click here

ADD TO CALENDAR:  Click here

 

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