AR
Arvin R

1 reviews | Active since Dec 2019

28 Oct 2020, 17:30

Biggest *******. Fees is 3 times the returns. Just eats away at your savings.

Biggest *******. All potential investors be aware. I took out an RA 12 years ago and marked it as inactive some time back. I now realized why there seems to be no growth. No only no growth but my funds are becoming less every year. As per my latest statement they are charging me "Administration and advice fees" of R3035.90. For this period the investment growth is only R1251.36. At this rate it will not take them long to get my funds from over 100k to zero.

0
Replies (1)
Momentum (SA)
Momentum (SA)'s reply29 Oct 2020, 07:48
Official
Thank you for informing us of your concerns.

We will email you the details regarding your policy.

Kind regards
NH