- All gains (income and capital) within the investment are tax-free:
- No Capital Gains Tax (CGT)
- No Dividend Withholding Tax (DWT)
- No tax on interest earned
No Securities Transfer Tax (STT)
*Although your beneficiaries will not have to wait for the estate to be wound up, the value of the investment will still be included in the estate for the calculation of estate duty.
What will the underlying investment be?
Equities have proven to generate the best long-term returns and hence these will generally make up the bulk of the investment. You will gain exposure via a portfolio of actively selected unit trusts. These will be monitored on an ongoing basis and we will switch and rebalance the portfolio when appropriate.