Tax-free investing
We offer you a tax-free investment option in one or more of nine of our unit trust funds. The investment returns are 100% tax exempt.
Benefits of tax-free investments
- You earn tax-free growth on your contributions into your investment.
- You don’t pay tax on any dividends (normally 20% tax is charged).
- You don’t pay tax on any interest earned.
- You don’t pay tax on capital gains (ie any profit made on the sale of your investment).
Investment contributions
Contributions are limited to R36,000 per year and R500,000 over your lifetime across all tax-free investment accounts. Any excess contributions are taxed at 40%.
You may invest in multiple unit trusts, provided these limits are not exceeded. There is no limit on growth, only on contributions.
Withdrawals are allowed at any time, but they do not reset your lifetime contribution limit.
SA Balanced Fund
Aims to deliver strong capital growth and income over the long term, thereby significantly outperforming the average competitor balanced fund.
Balanced Fund
This fund aims to provide investors with high, long-term capital growth within the constraints of the statutory investment restrictions for retirement funds. The fund seeks to provide a moderated exposure to volatility in the short term.
Global Equity Feeder Fund
The fund will be fully invested in the dollar-denominated Camissa Global Equity Fund (domiciled in Ireland), with the objective to achieve a total portfolio return that is better than the world equity market over the long term.
Islamic Balanced Fund
A Shariah-compliant fund that aims to provide steady long term returns and capital growth. It seeks to provide a moderated exposure to volatility in the short term
Islamic Equity Fund
A Shariah-compliant fund that aims to provide steady capital growth and a total portfolio return that is better than the average general equity fund.
Islamic Global Equity Feeder Fund
This feeder fund is a South African domiciled fund. The fund will be fully invested in the dollar-denominated Camissa Islamic Global Equity Fund (domiciled in Ireland), which invests in a diversified portfolio of international equity securities, subject to the statutory investment limitations.
Islamic High Yield Fund
A Shariah-compliant fund that aims to provide capital stability and optimal income returns.
Protector Fund
This fund aims to provide steady capital growth and returns that are better than equity market returns on a risk-adjusted basis over the medium to longer term.
Stable Fund
This fund aims to provide total returns that are above inflation over the medium term. It seeks to provide a high level of capital stability and to minimise loss over any one-year period, within the constraints of the statutory investment restrictions for retirement funds.