Fairbairn Capital Retirement Annuity

Consider this option if you have a lump sum of R100 000 to invest and want access to a variety of unit trusts across the board.

Features and Benefits

Access to a range of leading asset managers.
The product minimums are inclusive of the minimums applicable to the underlying investments, which vary according to type.
You may invest directly into the funds of your choice or phase in your capital via the Call Account over three, six, nine or twelve monthly instalments.
Tailor your portfolio to suit your changing needs or risk profile by switching between funds.
A maximum of 75% of your capital may be invested in equities.
Contributions are deductible from taxable earnings, subject to legislative limits.
In the event of ill health or permanent disability prior to age 55, you may be entitled to early retirement from the fund.
On retirement, from age 55, you are allowed to withdraw a lump sum up to a maximum of one third of the value of your investment. A portion of the lump sum may be tax-free.
You may nominate beneficiaries.
Should you die, your investment does not form part of your deceased estate provided no lump sum is taken.
No loans are allowed.