Alexforbes acquires OUTvest
Alexforbes has acquired 100% of the shares in OUTvest, and we are proud to be a part of this leading South African financial services group.
Tackle your financial goals with crowd investments: Invest together with Crowdvest
We've added crowd investments to our general investing offering by creating Crowdvest, a unique form of crowdsourced investing.
Crowdvest uses the concept of crowdfunding to help you reach an investment goal, by allowing others to contribute.
By collectively investing towards a meaningful financial goal, your friends and family help you to make that goal a reality a whole lot faster.
Why choose Crowdvest?
Why choose Crowdvest?
Crowdvest anything
You can use crowd investments to save towards absolutely anything. And with Crowdvest, you can get all your friends and family involved.
Instead of friends and family bringing your toddler birthday presents they'll quickly outgrow, you could all save towards their education.
Or instead of taking on the entire cost of a wedding by yourself, you could give grandparents the opportunity to help give their grandchildren the wedding of their dreams.
You could even use Crowdvest to encourage your group of friends to save for the next Soccer World Cup.
How to Crowdvest
- Start by telling us about your investment and set up an OUTvest Voluntary Plan.
- Personalise your crowd investments with an optional image and short description to make them resonate with your friends and family.
- We'll review your page and notify you when it’s live and ready to be shared.
- Watch your crowd source investments grow.
Crowdvest is the social way to invest
You can share your personalised Crowdvest page with friends and family on Facebook and Twitter, or you can send a link via email, SMS or WhatsApp.
Your friends and family who want to contribute to your crowd funded investments can simply pay via EFT or with their credit cards.
With crowdsourced investing, a few hundred Rands can go a long way
Crowd investments can be an excellent way to grow your money.
As an example, if you save R100 a month towards a savings goal for your newborn (increasing this amount by 6% every year) and invest it in a fund that provides a return of inflation plus 5% per year, you can expect to have over R140 000 when your child turns 21.
Now, if you use crowdfunding to get grandparents and aunts and uncles to contribute, that amount increases significantly.
Assuming there's an extra four contributions of R200 each on the child's birthday and over the festive season, (R1600 extra each year) that grows by 6% a year, the amount available to your child when they turn 21 is R300 000.
That's three times as much as the amount you would have saved on your own.
Frequently Asked Questions
What is the minimum amount I can contribute?
You can start crowd investments with us from as little as R100 per month.
What investment plan will I be investing in?
Crowdvest is only available for the OUTvest Voluntary Plan and not any other OUTvest plans or products.