Growth
Financial products designed to grow your wealth through sustainable investing practices.
Security
Financial products designed to provide financial security during your retirement years.
Protection
Financial products designed to protect your wealth against events that put it at risk.
GROWTH
ENDOWMENTS
An endowment is an investment plan that allows you to create wealth tax-efficiently.
ENDOWMENTS
INTRODUCTION
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Benefits
TAX
Unit Trusts give you access to the stock exchange without specialist knowledge.
PROtection
The entire value will be protected against creditors.
Exposure
One advance and one surrender allowed during the first 5 years.
Withdrawl
Unit trusts offer you flexibility in terms of how you want to invest.
FACTORS
TERM
The amount of time the money would need to be invested for.
Advisor notes
Fixed Term with a minimum 5 years.
Risk
This is your risk appetite which we determine through a risk analysis questionaire.
Advisor notes
Dependant on the individual's risk appetite.
LIQUIDITY
Liquidity refers to the speed at which the funds can be be made accessible for use at little to no cost.
Advisor notes
No access to money in first contract year.
TAX
This refers to the amount of tax you will incur on the growth of your investment.
Advisor notes
Taxed within the fund.
Tax-free after 5 years.
Inflation
Because inflation is linked to the cost of living, your investment growth needs to exceed inflation.
Advisor notes
Returns will exceed inflation if growth exceeds inflation.
Technical details
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.
Appointments
All initial consultations are free of charge.
Qualifications
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
Contact details
Phone: +27 72 374 6867 Email: sheldon@smbfinance.co.za
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