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].

N-Ordinary Shares

N-Ordinary Shares are the same as Ordinary Shares, except that they give shareholders minimal or zero voting rights. N-Ordinary Shares often trade at a discount to Ordinary Shares. Although they are likely to cost less, they pay out the same dividends as Ordinary Shares.

Who is this for?

N-Ordinary Shares appeal to investors who are not concerned with voting rights and are looking for dividend income.

Features

  • Although they are likely to cost less, they pay out the same dividends as Ordinary Shares.
  • Dividends for N-Ordinary shareholders are not fixed and can be higher than dividends for Preference shareholders.
  • N-Ordinary Shares offer all the benefits of share investing including the potential for both capital and income growth.
  • Generally one would sell N-Ordinary Shares for more money than you paid for them.
  • With N-Ordinary Shares, investors are not able to vote on decisions that could potentially impact the company and therefore their investment.
  • Like all Share investing, investing in N-Ordinary Shares carries the risk of losing your initial investment or making a lower-than-expected return.
  • Share prices can rise and fall and investors must accept the fact that the value of their Shares may fluctuate during the year.

How to get N-Ordinary Shares

Open a brokerage account with a JSE Equity Market member.