Follow this simple guide to get started: https://pyxis-im.com/invest-with-us/
We do not charge any upfront fees, so your full investment amount goes towards purchasing units.
We charge an annual management fee for our segregated portfolio management service. This fee is calculated daily based on the asset value of the portfolio and levied monthly.
Other charges include transaction costs such as brokerage, as well as operating costs such as custodian and trustee fees and VAT. These fees are transparent and disclosed on your portfolio statement.
If you are investing via a Financial Adviser, any initial and/or ongoing financial adviser fees will be negotiated between you and your adviser.
Step 1: Complete the application form for the Pyxis BCI Worldwide Flexible Fund – C Class (Unit trust)
Step 2: Submit the application and supporting documents to instructions@bci-transact.co.za
Step 3: Deposit your investment as instructed on the BCI application form
Step 3: BCI will confirm and send you a statement reflecting your investment
Notes with respect to BCI:
If you would like more information on our Unit Trust please contact us at talk2us@pyxis-im.com
A unit trust (also called a fund) is a collection of people’s savings that is invested in financial markets and other assets. It is managed by professional investment managers with the aim of growing its value over time.
Many investors pool their money by investing in the unit trust, and this pool is divided into equal units (or participatory interests), each with the same value. When you invest in a unit trust, you are allocated units according to the amount of money you invest and the price of the units on the day you buy them. Investors share in the risks and benefits of the investment in proportion to their units in the fund.
The underlying assets that the fund invests in are typically equities, bonds, listed property and cash. The composition of the assets depends on 1) the fund’s risk profile, which indicates the level of risk associated with the fund, and 2) the mandate, which prescribes what the fund may invest in.
Unit trusts are a flexible means of investing and you can sell your units at any time.
No. When you invest in our unit trust, there is no fixed amount that you need to commit to for a set investment period. It’s your investment – you decide how much, when and how you would like to invest.
You can:
Our unit trust is purpose-built for:
The Pyxis BCI Worldwide Flexible Fund is based on proprietary, systematic modelling with its roots in global best practice. The fund is actively managed, purpose-built, focused on risk management and innovative: an affordable solution for the cost-conscious investor.
No. There are no penalties for withdrawing from your investment and you can change, stop and restart your debit order whenever you need to, at no extra cost.
It is important to note, however, that investment returns cannot be guaranteed and values can fluctuate.
Consult with us or your Financial Advisor about the risks of investing in a unit trust and to ensure that this is the appropriate investment for your circumstances.
While there are different definitions of investment risk we view investment risk as the probability of permanently losing money. Because investment returns are not guaranteed, there is a chance that you might end up with less than what you invested if you withdraw after a downturn.
A living annuity is flexible, doesn’t form part of your estate and you are able to nominate beneficiaries.
Choosing a living annuity brings inherent risks. Your investment value and returns are not guaranteed and may move up or down. The value of your investment account depends on the market value of the underlying investments. If markets fall or returns are poor then your capital could reduce or fail to keep pace with inflation. The account value increases with any additional transfers in and positive investment returns and decreases with draw-downs, negative investment returns and applicable fees and charges.
The administration cost is determined by the platform provider. The advisory cost is negotiated between you and your advisor. The investment management cost is 0.7% excl. VAT.
Pyxis Investment Management (Pty) Ltd, FSP no. 662, is an authorised Financial Services Provider under the Financial Advisory and Intermediary Services Act, 2002.
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