Closure of MET Collective Investments
The MET Collective Investments board took a strategic decision to exit the co-named partner collective investments industry and close the ’company’s collective investments scheme license.
Effective annual cost (EAC)
EAC is a measure that has been introduced by Asisa to enable consumers and advisers to compare charges and their effect on investment returns in a meaningful way, across retail investment and savings products. The EAC highlights the different role players involved in the investment and the effect of each of their fees over the investment term. If you are completing a PDF application form, please click here to determine the EAC on the portfolio/s you are applying to invest in.