Sanlam Private Wealth

Sanlam provides dealing and cash management services, MDA Services and general financial advice to its clients. What information do we offer to you, as our client? We can offer you factual market data and information, including general advice, regarding those products and services our AFS Licence permits us to provide. The products on which we may... provide this information include: Securities and Exchange-Traded Options traded on local and international exchanges; Futures and Options on Futures traded on local and international exchanges; Over-the-counter derivatives such as Contracts for Difference (CFDs); Over-the-counter foreign exchange contracts such as Margin FX and FX CFDs; Managed Funds; Margin Lending Facilities and Cash Management Trusts; and Client education seminars (product awareness and trading skills). What are our responsibilities and what type of advice do we give? We provide general advice and information regarding financial products and services (other than under Sanlam's managed discretionary account service, further details below) that can be dealt through us. This information or advice does not take into account your personal and financial circumstances, needs and objectives and because of that you should, before acting on the advice, consider the appropriateness of the advice having regard to your personal and financial circumstances, needs and objectives. It should be noted that if you open an account with us you will also be requested to provide some information relating to your financial circumstances and risk profile. This information is collected so that we can: receive some reassurance that you will be able to finance any trading that you enter into and that your attitude to risk is comparable to that of the financial products you intend to trade; and identify who you are as required by the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AMLCTF Act 2006). What is a MDA Service? A MDA service is a managed investment scheme and a facility for making a financial ...Read More