collective investments
Endowments also offer tax benefits to investors with a marginal tax rate of more than 30% as they effectively reduce the tax payable on investment growth. However, they require a minimum investment term of five years, allowing for one withdrawal
In a money market account, you will always know how much interest your funds will earn each month as these rates are available upfront. As a result, you will always know the value of the funds in your account on
Most banks or financial institutions operate Money Market Accounts, which are effectively savings accounts with more favourable interest rates which are advertised upfront. Money Market Accounts are generally low-risk, highly liquid investments which allow account holders to easily, and to
Because the aim of a living annuity is to provide the policyholder with a regular income throughout retirement, limits are placed on the level at which investors can draw down from their investment. As it currently stands, investors can select
An ETF is a listed investment product that tracks a defined index such as the JSE Top 40 which tracks the stock exchange’s top 40 companies. ETFs track JSE-listed shares which give investors exposure to multiple companies by investing in
