Can a voluntary association be used for an investment club?

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  • trentpark8800
    New Member
    • Feb 2020
    • 2

    #1

    [Question] Can a voluntary association be used for an investment club?

    I came across a brochure from PSG wealth (see brochure here https://www.psg.co.za/files/wealth/f...nteractive.pdf) which described how to start an investment club.
    One of the suggestions was to form a Voluntary Association as the over-arching organization for your club.

    My question is, is this possible and reasonable?
    From what I've seen it seems that voluntary associations are reserved for non-profit (charity) organizations?

    Any help and advice will be appreciated.
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