Allan Gray | Tax-Free Savings Investments
Are you taking advantage of your tax break?
Here are the advantages of investing in a Tax-Free Savings plan:
- It’s a simple savings solution.
- Save up to R33 000 per year without paying tax on the growth of your money.
- You can start investing from R500 per month. If you don’t want to invest monthly, you can start with a single lump sum of R20 000.
- You choose how you want to add to your savings: monthly, in lump sums or a combo of both.
- Choose how long and how often you want to add to your investment. Depending on your savings needs, Allan Gray has a range of investment funds to choose from.
- Withdraw at any time and pay no costs to withdraw your money.
- Your investment returns come from the unit trusts you choose. When choosing a unit trust, there is a trade-off between higher potential return on the one hand, and stability and lower risk on the other.
- An application needs to be completed, but you will be assisted with this