1
Submit your child's information
Provide your child's name and ID or birth certificate, plus your proof of residence. This verifies the account and keeps everything compliant - simple and secure.
child accounts
Why Franc Child Accounts grow with them
Flexible goal types, collaborative saving tools and curated funds make it simple to invest for every milestone.
Flexible account types
Open a TFSA, savings or investment goal in your child's name with no paperwork or branch visits.
Build together
Invite family and friends to contribute via secure deposit links and track every contribution in real time.
See progress instantly
Monitor balances, projections and fund performance in the app — even when the goal is locked.
child account features
Set up a Child Account in three simple steps
2
Upload your child's birth certificate
Simplye take photo or upload or email your child's birth certificate to ensure the account is opened in your child's name and that you provide consent for this to be done.
3
Manage your child's account
You can make a deposit, share the deposit link, add another invesmtent goal or open a tax-free savings account within your profile.
investment funds
Nothing but the best for your child
Build generational wealth with access to the best money market and diversified, low-cost investment funds.
Satrix Global Balanced FoF ETF
In 2025 Satrix launched the Global Balanced Fund of Funds (FoF) ETF to track the Global Balanced Index, offering diversified exposure across global asset classes.
Since inception: 5.19% (performance for some periods may be unavailable due to recent launch).
Costs (incl. VAT): TER 0.35% / TC 0.0%
Annualised Performance
- 1YR
- N/A
- 3YR
- N/A
- 5YR
- N/A
- 10YR
- N/A
- Since inception
- 5.19%
Not available (N/A) due to fund launch date.
Costs (excl. VAT)
- Annual Fee
- 1.3%
- Transaction Fee
- Up to 0.76%
Allan Gray Money Market Fund
The fund targets returns higher than a bank deposit with access your money whenever you need it. While very low risk, losses can occur if an issuers defaults.
Annualised Performance
- 1YR
- 7.7%
- 3YR
- 8.4%
- 5YR
- 7.1%
- 10YR
- 7.2%
- Since inception
- 7.7%
Costs (excl. VAT)
- Annual Fee
- 1.0%
- Transaction Fee
- 0.0%
Satrix 40 ETF
Tracks South Africa's 40 largest listed companies and provides long-term equity exposure.
Annualised Performance
- 1YR
- 48.16%
- 3YR
- 18.77%
- 5YR
- 18.39%
- 10YR
- 11.15%
- Since inception
- 12.1%
Costs (excl. VAT)
- Annual Fee
- 1.0%
- Transaction Fee
- Up to 0.76%
Regulated by the FSCA
Franc is an authorised Financial Services Provider (No. 49998), regulated by the Financial Services Conduct Authority (FSCA).
Protected by law
Your investments are held with licensed providers in your name and governed by the Collective Investment Schemes Control Act.
Bank-level security
We are a registered with the Financial Intelligence Center (FIC) and use advanced technology to keep your money and personal information safe.
child accounts
Frequently asked questions
- The Franc Child Account is designed to help parents or guardians invest for their children, specifically those who are under 18 years old, and the investment is held in the child's name. The primary goal often associated with this account is setting up a tertiary education fund or helping to create generational wealth for the child. Franc wants to help parents who are keenly aware of the expense of children and the need to plan for their future.
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