Can you appoint your own trustees to a 10X Umbrella Fund?

No, the 10X Funds are controlled by a professional and independent board of Trustees.

The independent members of the board are:

Jonathan Mort: past National President of the Pension Lawyers Association
Wanjiru Karima: Principal Officer FirstRand Group

The information and answers supplied in this section do not constitute advice as defined by the Financial Advisory and Intermediary Services Act, 37 of 2002.

Category: For Business

Topic: Umbrella Fund

Get investment and saving tips straight to your inbox.

Related FAQ

What are the 10X Default Regulation strategies?

There are three retirement-fund default regulations. We have outlined the regulatory requirements be...

Related FAQ

How long does it take for the fund to pay out the withdrawal benefit?

Provided your tax affairs are in order, and you have submitted all the required documents (such as a...

Calculator

How much do I need?

We can help you plan your future. Use our calculator to see if you are on track for a comfortable retirement.

RA Calculator

Charges		1 Year	3 Years	5 Years	10 Years
Investment Management made up of:		1.0%	1.0%	1.0%	1.0%
10X Management Fee (Incl. VAT)	0.57%
Bank, Audit, Trustee/Custody fees	0.16%
Transaction Costs	0.3%
Advice1		0.0%	0.0%	0.0%	0.0%
Administration		0.0%	0.0%	0.0%	0.0%
Other costs		0.0%	0.0%	0.0%	0.0%
EAC (sum of charges)		1.0%	1.0%	1.0%	1.0%

Can you appoint your own trustees to a 10X Umbrella Fund?

Get investment and saving tips straight to your inbox.

What are the 10X Default Regulation strategies?

How long does it take for the fund to pay out the withdrawal benefit?

How much do I need?

Get started or switch to 10X today.