We believe in empowered decision making

South Africans are grappling with the heavy burden of debt, often 
without the necessary knowledge or tools to escape its clutches. High levels of 
debt can hinder financial growth, limit opportunities, and create a cycle that is 
difficult to break. At Altvest Credit Opportunities Fund (ACOF), we believe in 
empowering our clients with the education they need to regain control of their 
financial well-being.

The debt crisis in South Africa is a pressing issue that demands attention. 
Statistics released by Veri Cred Credit Bureau (VCCB) show that debt still 
outstanding at the end of Q2, 2021 reached R2.077 trillion, and 717 495 people 
were under debt review. This reality needs to be seen within the context of the 
fact that the average South African is spending up to 75% of their disposable 
income on debt repayments – a 5% increase from the long-term average of 
70% as reported by the South African Reserve Bank.

At ACOF, we want to equip our clients with the knowledge and skills necessary to 
thrive financially. We understand that financial education is the key to long-term 
success, and we are here to support you every step of the way. We believe that 
everyone deserves the opportunity to build a secure financial future. Take the 
first step towards financial empowerment by exploring our educational resources.