Coronation | 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 R250 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.
- There are no initial, exit or admin fees.
- Choose how long and how often you want to add to your investment. Depending on your savings needs, Coronation has a range of investment funds to choose from.
- Withdraw at any time and pay no costs to withdraw your money.
- You can transfer your tax-free investment from a bank, or another investment manager, free of charge at any time. All you need to do is complete the INVEST NOW application below and instruct your existing investment manager or bank to transfer the investment to Coronation.
- 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