Financial products designed to grow your wealth through sustainable investing practices.
Financial products designed to provide financial security during your retirement years.
Financial products designed to protect your wealth against events that put it at risk.
An endowment is an investment plan that allows you to create wealth tax-efficiently.
Unit Trusts give you access to the stock exchange without specialist knowledge.
The entire value will be protected against creditors.
One advance and one surrender allowed during the first 5 years.
Unit trusts offer you flexibility in terms of how you want to invest.
The amount of time the money would need to be invested for.
Fixed Term with a minimum 5 years.
This is your risk appetite which we determine through a risk analysis questionaire.
Dependant on the individual's risk appetite.
Liquidity refers to the speed at which the funds can be be made accessible for use at little to no cost.
No access to money in first contract year.
This refers to the amount of tax you will incur on the growth of your investment.
Taxed within the fund.
Tax-free after 5 years.
Because inflation is linked to the cost of living, your investment growth needs to exceed inflation.
Returns will exceed inflation if growth exceeds inflation.
WHO BENEFITS FROM ENDOWMENTS?
An endowment benefits investors who have a marginal tax-rate greater than 30%. It allows you to nominate a beneficiary which means potential savings on executor’s fees.
What are the Term Requirements?
There is a minimum policy term of 5 years and a maximum policy term to retirement. Guarantee options available at each 5 year anniversary, this means you have the option to guarantee your capital investment.
Book AN appointment
Sheldon M. Botes
Financial Advisor at Fable Wealth (Pty) Ltd.
All initial consultations are free of charge.
Bcomm (Economics) University of KwaZulu-Natal Bcomm Hons (Management) Independant Institute of Education PGD Financial Planning University of the Free State RE1 & RE5 Regulatory Exam