Sharenet Sites 
Sharenet Sites
Consensus estimates are based on estimates collected by Sharenet and are calculated by taking the arithmetic average of the constituent analyst forecasts. Consensus estimates data are based on "SELL-SIDE" analysts' opinions, projections, and predictions regarding listed companies' performance. It does not represent Sharenet's own views on performance.
Sharenet endeavours to ensure that consensus estimates data is accurate and up to date, but it is not under an obligation to update the consensus data, revise or supplement the consensus figures to reflect circumstances existing after the date hereof.
Sharenet does not accept any liability whatsoever for reliance upon, or actions taken based on, any of the information set out in consensus estimates. Consensus estimates are forward-looking and as such are speculative and rely on assumptions and events in the future (some or all of which may not be satisfied or may not occur).
Our Portfolio Management service allows you to invest in any one of our Managed Portfolios where you leave the investment decisions up to us when you select a Houseview Model.
Sharenet offers stockbroking and portfolio management services to private and corporate clients, fund managers, third-party asset managers and companies, both locally and offshore.
All fees and commissions quoted exclude third-party brokers’ commissions, and any third-party charges, government levies, stamp duties, withholding taxes (if any) and further charges of external settlement agents or custodian entities. All fees are exclusive of VAT unless otherwise indicated. Unless otherwise stated, all fees quoted are per annum but charged monthly. All fees charged are quoted as a percentage of each transaction, unless otherwise stated.
The fees under this section apply to all clients who have entered into a relationship with Sharenet.
| Managed Portfolio Types | Management fee |
|---|---|
| Smart Beta ETF Portfolio | 1.00% |
| Concentrated Equity Portfolio | 1.50% |
Our Online account gives you the opportunity to buy and sell local shares,
exchange-traded funds (ETFs), exchange-traded notes (ETNs), contracts for difference
(CFDs) and unit trusts. Your trades are your decisions. This innovative, content-rich
online approach caters for both new and experienced traders.
The fees under this section apply to all clients that have entered a relationship with
Sharenet Securities online trading.
A monthly account fee of R84 per month is payable. The fee is charged monthly in arrears. VAT is applicable on this charge.
Please be advised that the fees below do not include additional fees that may be charged by Johannesburg Stock Exchange or taxes, levies or other duties that
may be applicable.
| DESCRIPTION | FEES | PLEASE NOTE |
|---|---|---|
| Monthly Account Fee | R84 | Ex. VAT |
| Brokerage - Equity | 0.30% | min of R 115 per transaction |
| Brokerage - CFD | 0.30% | min of R 115 per transaction |
| Negative Cash Balances | Market Ask Rate + 3% | |
| Positive Cash Balances | Market Ask Rate - 3% | |
| CFD Finance Long Positions | Market Ask Rate + 2% | |
| CFD Finance Short Positions | Market Ask Rate - 2% |
Our Online account gives you the opportunity to Access 1000+ Instruments across the JSEand through our
unitTrusts(UT's) universe.
Buy and sell shares, exchange-traded funds (ETFs), exchange-traded notes (ETNs), contracts for difference ( CFDs)
and unit trusts (UT's).
Your trades are your decisions. This Innovative, content-rich online approach caters for both new and experienced traders.
The fees under this section apply to all clients that have entered into a relationship
Sharenet Securities via a Portfolio Managers.
Access 1000+ instruments across the JSE and through our unit Trusts (UT’s) universe.
Buy and sell shares, exchange-traded funds (ETFs), exchange-traded notes (ETNs), contracts for difference (CFDs) and unit trusts (UT’s). Our Portfolio Managers will assist you with trade ideas and trade implementation. Our blended approach of advice plus access to an innovative, content-rich trading platform caters for both new and experienced traders.
A monthly account fee of R 84 per month is payable. The fee is charged monthly in arrears. VAT is applicable on this charge.
Please be advised that the fees below do not include additional fees that may be charged by Johannesburg Stock Exchange (JSE) or taxes, levies or other duties that may be applicable.
| DESCRIPTION | FEES | PLEASE NOTE |
|---|---|---|
| Monthly Account Fee | R84 | Ex. VAT |
| Brokerage - Equity | 0.50% | min of R 115 per transaction |
| Brokerage - CFD | 0.30% | min of R 115 per transaction |
| Negative Cash Balances | Market Ask Rate + 3% | |
| Positive Cash Balances | Market Ask Rate - 3% | |
| CFD Finance Long Positions | Market Ask Rate + 2% | |
| CFD Finance Short Positions | Market Ask Rate - 2% |
The fees in this section apply to Managed and/or Self-Managed clients.
| Other levies charged by the JSE | Ad hoc service fees | Administration fees |
|---|---|---|
|
Strate levy of R8.25 to R88.92 dependent on value of
transaction.
Securities Transfer Tax (STT) of 0.25%, where relevant, is levied on the value of purchase transactions, before the brokerage fee and VAT. Investor Protection levy at 0.0002% of trade value. |
Debit balance: Market Ask Rate + 4% is charged on all debit
balance accounts.
Transfer Out: R120 (ex VAT) per counter. Instrument Base Cost Amendment Fee: EUR 50 per counter. Splitting an existing Instrument holding Fee: EUR 50 per counter. |
Unit Trust Administration fee:
0,15% (ex VAT) per annum, charged pro-rata, monthly in arrears, on the month end value of the Unit Trust(s). Cash Management (CCM) Administration fee: 0,50% (incl VAT) per annum, charged pro-rata, monthly in arrears, on the month end cash balances held in CCM accounts. |
| Market Data | ||||
|---|---|---|---|---|
| User type | 15 Minutes Delayed (1) | Snapshot Equities and Indices (2)* | Streamed Live Pricing (3) | Value Added Fee (Corporate Actions & Director’s Dealings) |
| Non-professional | Free | Equities - R 0.16 per snapshot Indices - R 0.09 per snapshot | R 210 per month | Included |
| Professional | Free | Equities - R 0.16 per snapshot Indices - R 0.09 per snapshot | R 210 per month + R562 | Included |
Please refer to the website for additional terms and conditions in relation to the fees. The default live pricing option is 15 minutes delayed. This option is free.
15 minutes delayed - Prices are defaulted to a 15 minute delay for all holdings and any
instruments displayed on the quote or trade page.
Snapshot (equities & indices) - Real-time market update including the price, aggregate
display quantity, number of orders and display position for each price level.
Streamed live pricing – Prices of indices and equities are continuously updated to
reflect the current value of holdings and any instruments. If you switch from delayed to
live pricing, the full fee will be levied and will not be pro-rated. You can switch to
delayed pricing at any time.
JSET is the interest rate paid by the Johannesburg Stock Exchange on cash.
Please refer to the website for an explanation of households and corporates. You agree
to be bound by the latest fee schedule, which may be amended from time to time. You will
be notified of any changes to the fee schedule.
Our Portfolio Management service allows you to invest in any one of our Managed Portfolios where you leave the investment decisions up to us when you select a Houseview Model. Sharenet offers stockbroking and portfolio management services to private and corporate clients, fund managers, third-party asset managers and companies, both locally and offshore.
All fees and commissions quoted exclude third-party brokers’ commissions, and any third-party charges, government levies, stamp duties, withholding taxes (if any) and further charges of external settlement agents or custodian entities. All fees are exclusive of VAT unless otherwise indicated. Unless otherwise stated, all fees quoted are per annum but charged monthly. All fees charged are quoted as a percentage of each transaction, unless otherwise stated.
Please be advised that the fees below do not include additional fees that may be charged by the various international exchange or taxes, levies or other duties that may be applicable. The fees under this section apply to all clients who have entered into a relationship with Sharenet.
| Managed Portfolio Types | Management Fee |
|---|---|
| Smart Beta ETF Portfolio | 1.00% |
| Active Personal Share Portfolio | 1.00% |
Our Self Managed account gives you the opportunity to access 30,000+ shares across core and emerging markets on 60 exchanges worldwide.
Buy and sell shares, exchange-traded funds (ETFs), exchange-traded notes (ETNs), contracts for difference (CFDs), bonds, mutual funds and crypto instruments. Your trades are your decisions. This innovative, content-rich online approach caters for both new and experienced traders.
The fees under this section apply to all clients that have entered into a relationship with Sharenet Securities via online trading or telephonically. An annual account fee of 0.15% is payable, calculated pro-rata on the month-end value of the account. The fee is charged monthly in arrears. VAT is applicable on this charge.
Please be advised that the fees below do not include additional fees that may be charged by the exchange you are trading on or taxes, levies or other duties that may be applicable.
| DESCRIPTION | FEES | PLEASE NOTE |
|---|---|---|
| Annual Account Fee | 0.15% | Ex. VAT |
| Brokerage - Equity | 0.30% | Min charge dependent on exchange |
| Brokerage - CFD | 0.30% | Min charge dependent on exchange |
| Brokerage - Bonds | 0.50% | Min charge dependent on exchange |
| Negative Cash Balances | Market Ask Rate + 3% | |
| Positive Cash Balances | Market Ask Rate - 3% | |
| CFD Finance Long Positions | Market Ask Rate + 2% | |
| CFD Finance Short Positions | Market Ask Rate - 2% |
The fees under this section apply to all clients that have entered into a relationship with Sharenet via one of our Portfolio Managers
Access 30,000+ instruments across core and emerging markets on 60 exchanges worldwide. Buy and sell shares, exchange-traded funds (ETFs), exchange-traded notes(ETNs), contract for difference(CFDs), options, futures bonds, mutual funds and crypto instruments. Our portfolio Managers will assist you with trade ideas and trade implementation. Our blended approach of advice plus access to an innovative, content-rich trading platform caters for both new and experienced traders.
An annual account fee of 0.15% is payable, calculated pro-rata on the month-end value of the account. The fee is charged monthly in arrears. VAT is applicable on this charge.
Our Self Managed account gives you the opportunity to access 30,000+ shares across core and emerging markets on 60 exchanges worldwide.
The fees under this section apply to all clients that have entered into a relationship with Sharenet Securities via online trading or telephonically. An account fee of 0.15% is payable, calculated pro-rata on the month-end value of the account. The fee is charged monthly in arrears. VAT is applicable on this charge.
Please be advised that the fees below do not include additional fees that may be charged by the exchange you are trading on or taxes, levies or other duties that may be applicable.
| DESCRIPTION | FEES | PLEASE NOTE |
|---|---|---|
| Annual Account Fee | 0.15% | Ex. VAT |
| Brokerage - Equity | 0.50% | Min charge dependent on exchange |
| Brokerage - CFD | 0.30% | Min charge dependent on exchange |
| Brokerage - Bonds | 0.50% | Min charge dependent on exchange |
| Negative Cash Balances | Market Ask Rate + 3% | |
| Positive Cash Balances | Market Ask Rate - 3% | |
| CFD Finance Long Positions | Market Ask Rate + 2% | |
| CFD Finance Short Positions | Market Ask Rate - 2% |
The fees in this section apply to Managed and/or Self-Managed clients.
| Other Fees charged By Custodian | Ad hoc service fees | Administration fees |
|---|---|---|
|
Currency Conversion Fee:
0.50% is automatically applied to the client’s account when the trade is executed where the instrument currency differs from the account currency. Instrument Base Cost Amendment Fee: EUR 50 per counter. Splitting an existing Instrument holding Fee: EUR 50 per counter. |
Debit balance:
Market Ask Rate + 4% is charged on all debit balance accounts. Transfer Out: EUR 50 per counter. |
Mutual Fund Administration fee:
0,15% (ex VAT) per annum, charged pro-rata, monthly in arrears, on the month end value of the Mutual Fund(s). Cash Management (CCM) Administration fee: 0,50% (incl VAT) per annum, charged pro-rata, monthly in arrears, on the month end cash balances held in CCM accounts. Asset Swap Administration fee: 0,35% (ex VAT) per annum, charged pro-rata, monthly in arrears, on the month end value of share portfolio accounts. |
Data subscriptions for real-time prices
At Sharenet all equities trade on actual market data from the stock exchanges. To receive and trade on real-time market data, you will have to subscribe independently to the individual exchange via third-party providers. A subscription to live price data from an exchange gives you access to live prices on shares and ETFs from the particular exchange.
An online subscription tool is available on the trading platform. In the tool, you will find a list of available exchanges and news services alongside the applicable montly fees. You will be able to subscribe to and unsubscribe from services of your choice. Further information can be found in the subscription tool guide, which is also available on the trading platform.
Level 1 or Level 2 data
Level 1 price data refers to the first level of the order book on the exchange. With a Level 1 subscription you can see live, streaming, bid and offer prices. With a Level 2 price data subscription, you can see live streaming prices as with a Level 1 subscription. In addition to this you can see the market depth of bid/offer prices and the amounts available at each price point.