Frequently Asked Questions
Yes, this is an exciting opportunity for ANY INVESTOR to broaden its investment portfolio to include agriculture and receive a monthly income.
There are risks involved in all investments. However Eridanus employs an extremely conservative approach in making investments. All underlying investments are insured against all reasonable foreseeable risks as well as secured through investments in various Unit Trusts.
Yes, our compliance officers are SPS Limited and our external auditors are Middel & Partners
Eridanus only invests in asset backed investments, meaning for any investment made an investment is made by Eridanus into an asset. All investment decisions are governed by an investment committee to ensure that the investment risk is minimized
Eridanus only invests in asset backed insured agricultural linked investments, and secure all surplus funds in secured unit trusts, Eridanus only trust its money to agricultural institutions on which rigorous due diligence have been performed and incentivize all underlying investments by management of these institutions retaining 49% shareholding.
Yes, dividends paid for the previous two financial periods were 13.1% and 12.02% respectively outperforming the market by almost double
Yes, the VCC shares may be sold in accordance with the Company’s MOI. There are, however, tax advantages to holding onto your shares for more than 5 years – i.e. no tax recoupment.
Cost of investing in Eridanus is zero. As a relatively niche investment company Eridanus is still able to offer investments @ zero fees to potential investors. However growth into larger markets makes this improbable and even impossible in time to come. Eridanus receives its return by outperforming the market by the investments Eridanus makes based on recommendations received from its investment committee.
- FSCA (48947)
- SARS (VCC no: 0085)
- Board of directors
- A Compliance officer
- Independent auditors
The minimum investment Eridanus has agreed to is R 1000 000 (One million Rand).
Current maximum investment per investor is R5,000,000