These include SatrixNOW, EasyEquities and app-based Stash, which allow you to invest for your child in long-term assets such as shares on the stock market.
Most unit trust companies allow investments to be opened in the name of a child, although their minimums are usually between R300 to R500 a month.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.