Investments
Old Mutual
Tax Free Investment
Imagine the peace of mind that comes from having an investment that allows you to save for your dreams and goals, gives you access to your money at any time, and offers you payment flexibility without any penalties. Not just that, a tax-free savings account in South Africa is an investment where you get your full investment return without being taxed on any of the growth you have earned.
- Invest from only R150 per Month
- Pay NO tax on your investment
- Take yourmoney out at anytime
Why choose Tax-Free?:
2-In-One Savings
Build up funds for things you can't afford right now by saving with this Plan - for as little as R160 per month. It provides a Long Term Pocket (invested in the Old Mutual Smoothed Bonus Fund) to assist in saving towards your longer-term goals, like buying a house or going on a holiday, as well as a Short Term Pocket (invested in the Old Mutual Money Market Fund), which allows you access to your funds when you need it in emergencies or when you have extra money to invest in the case of a bonus or extra income
- Minimum contribution = R160
- Save with the Long Term Pocket and access the Short Term Pocket when financial needs arise.
- Withdraw from the Short Term Pocket at any time.
- Part withdrawals allowed from Long Term Pocket after 5 years.
- You can miss up to 6 monthly contributions over the term of your policy.
- If death/disability occurs within first 10 years, a lump sum will be added to your Long Term Pocket.
- Pay a number of contributions and a specified extra amount is paid into your Long Term Pocket.
- You can deposit extra money into the Short Term Pocket at any time during the month.
- The total contribution increases annually.
- Your Long Term pocket money is invested in the Smoothed Bonus Fund and Short Term Pocket money in the Money Market Fund.
Unit Trusts
Old Mutual Unit Trusts offers investors expertly managed funds to suit a variety of investment and savings needs. These funds can be accessed via accredited financial advisers, brokers or directly.
- Tax-Free Investment
- Classic Invesment Collection
Offshore Investments
A well-diversified financial portfolio includes direct offshore exposure. This potentially exposes your capital to growth across regions, sectors and economies. In addition, by including investments denominated in other currencies, you reduce your vulnerability to local currency risk. Old Mutual International is a leading offshore retail financial services group. It offers clients around the globe a range of investment and insurance products through a number of Guernsey-based businesses. Life Account 2 is a flexible method of investing offshore, with the potential for long-term growth.
Benefits:
- Choice and opportunities – for you and your family. Whatever life has in store, the offshore Life Account 2 from Old Mutual Guernsey can help you to make the most of it.
- As well as being able to adapt your Life Account 2 to help you to meet your needs as they change throughout your life, you also have control over who inherits the benefits.
- Life Account 2 is a single contribution unit-linked whole of life assurance contract. As a life assurance policy, it provides a number of tax-related benefits.
- You won’t have to spend time on complex and time-consuming tax administration.
- All you and your financial adviser need to do is choose what combination of funds and options best suit your needs.
- Because your goals and priorities will inevitably change over time, we have made Life Account 2 flexible, so you can use it to create your own personalised solution and adapt it, subject to our acceptance, in response to changing circumstances.
