Classic Investment Plan
The Classic Investment Plan is a flexible investment that gives you the freedom to tailor your investment according to your personal needs and risk profile. It offers you the opportunity to diversify your investment and minimise risk by blending collective investments, guaranteed fixed-interest instruments, and a bank call account in a single contract. You have the added flexibility of changing your portfolio weighting as your needs and risk profile change. In addition, you can benefit from rand cost averaging by phasing in your lump sum investment over a period of up to 24 months.
You have immediate and unlimited access to your investment without incurring penalties. This means that you have the option to either make regular or ad-hoc withdrawals from your investment.
The low-cost optional guaranteed death benefit ensures that your beneficiaries or dependants will receive the highest possible pay-out on your death.
The Classic Investment Plan is ideal for investors looking for total flexibility and freedom of choice to construct their investments according to their personal needs and risk tolerance levels.
- Income Tax is payable on income earned within the investment
- Interest-bearing instruments are taxable in your hands
- Capital gains tax is payable
- Payments from purchased annuities structured within the investment, are only partly taxable
- Dividends on local equities are taxed at 15% (Dividend Tax)
- Dividends on foreign equities are subject to income tax
Collective Investments/Call Account: R50 000
Ad-hoc Contributions: R10 000
*Recurring Premiums: R1000
*(The minimum investment per fund is R500)
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Actual return:% vs. benchmark return of
Annualised return:% vs. benchmark return of %
Figures quoted are from Morningstar for the period ending for a lump
sum, using NAV-NAV prices and do not take any upfront managers charge into account.
Income distributions are declared on the ex-dividend date. Actual investment performance
will differ based on the upfront managers charge applicable, the actual investment
date and the date of reinvestment of income. Past performance is not necassarily an indication of future performance.
There is currently no data available for this fund