Investments
Wrap Fund Solution
- We have created several different risk profiles to guide the creation of tailored investment solutions, appropriate for clients with certain risk profiles.
- These ‘model’ portfolios are run by a professional investment committee headed up by an investment professional, and of which the financial advisor forms an integral part.
- The investment committee allows us to perform a far more thorough investigation and detailed analysis of your portfolio’s funds, in a disciplined, structured manner
- We also benefit from specialist asset manager and economic research undertaken by the Glacier (Sanlam).
- The investment committee meets on a quarterly basis to discuss these investment portfolios.
Tax Implication on Investments
- Unit trust – CGT and dividend’s tax payable at 18% effective rate and 20% respectively
- Endowment – Taxed at 30% within the fund on the five-fund approach as well as 12% CGT.
- Retirement Annuity, Pension Funds & Provident Funds – No taxation within the funds and contributions are tax deductible up to 27.5% of the higher of taxable income or gross income with an annual limit of R350 000
- Living Annuity – There is no taxation within the fund, but income is taxable according to income tax tables
- Tax-free Savings – There is no taxation on these investments including the growth.
Consider the following investments
- Unit Trust (actively managed investment)
- Unit Trust (passive managed investment) (ETF’s)
- Endowment
- Retirement Annuities
- Living Annuities
- Tax-free Savings Account
- Direct Shares