Emma Heap, our head of sales, said: “10X is a client-first company so it was completely natural for us to celebrate our birthday by giving something back to our clients.”
To celebrate its 10th birthday 10X offered customers, old and new, 10 completely fee-free months on any products bought during the month of January.
“We know that fees have the biggest impact on your investment outcome, making this the perfect gift,” said Heap.
We pride ourselves in saving money and have added around R2.5m in additional savings for our customers thanks to this birthday ‘gift’.
“Birthday celebrations aside, 10X’s customers will save a total of about R6m in fees this year [compared with paying the industry’s average]. Add in the birthday bonus, and 10X customers save around R8.5m in fees this year alone.”
Heap added that the average saving per client was around R19000.
Project the total forward, as one does with all investments, and it adds up to a whopping total of R103 million more for 10X clients in just 10 years’ time.
