1
Choose the TFSA option
After signing up for your Franc account, select the TFSA card on the home screen and follow the simple instructions to get started.
tax-free savings account
Why a Franc TFSA is built for growth
Unlock tax-free compounding, diversified global exposure, and tools that help you stay invested for the long term.
Simple and accessible
Set up your TFSA in minutes straight from your phone — no paperwork, no hassle.
Invest in a leading fund
Your TFSA invests in the Satrix Global Balanced FoF ETF, a super diversified offshore index fund designed for long-term growth.
Track your contributions
Monitor your TFSA limits and growth in real time through the Franc app so you always stay on top of your investment.
How it works
Unlock your tax-free growth
2
Verify your account
Verification keeps your investment secure and ensures we comply with regulations. Just follow the quick steps to provide the required information.
3
Make your deposit
Once your account is verified, choose the amount you want to contribute and select your preferred payment method to make your first deposit.
Tax-Free Savings
Find out what type of investor you are
A tax-free savings account (TFSA) is ideal for long term investment in a diversified, low-cost Exchange Traded Fund (ETF).
diversified growth
Invest for long term growth
The Franc tax-free savings account (TFSA) is a low-cost exchange traded fund (ETF) that is ideal from long term investment.
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%
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.
Tax-Free Savings
Frequently asked questions
- The Franc Tax-Free Savings Account invests in the Satrix Global Balanced FoF ETF, which provides diversified global exposure across different asset classes for optimal long-term growth.
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