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More About Us
The Cooperative is managed by a Board of Directors selected from and by the members
The current Board of Directors consists of:
 
Secretary 
 
Mr Basil de Goede (ex-Vice Director of Registrar of Cooperatives)
 
Management and Administration
 
RBK Asset Management (Pty) Ltd, represented by Willem Pretorius. Willem was the initiator and one of the founder members in 2003.
Membership
Membership
 
Any natural person, closed corporation, company, trust or accepted legal entity may become a member.
 
Non-RSA residents are entitled and welcome to join. 
 
The application can be done online. The Board will approve membership after application is received.
 
 
Member statements
 
Members have live access to their portfolios which include information such as:
  • Member's deposits and withdrawals 
  • Units allocated per transaction 
  • Value of member's interest reflected in Rands
  • Number of pool units representing the member's interest at market prices on the date on which the statement is issued.
Xodus stock and cash balances are fully disclosed to its members
Become a Referrer
Since Krugerrands falls outside FAIS regulations,  Xodus members can refer new members to Xodus and earn commission on referrals.
 
As referrer you can assist new members to apply online and  if approved by your client, your clients' portfolio values and information can be viewed online. 
 
Commissions can only be charged on deposits made as and when they occur and is not calculated on annual values.
 
Since Xodus acquires stock at wholesale prices, the only initial fees a member pays are the initial administration fee of between 0.25% and 1.75%. To charge a 2% commission on average will still provide the metals at very competitive pricing.
 
Apply to become a referrer once you have applied for membership.