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Now, for the first time ever, you can enjoy the benefits of investing in the stock market for as little as R200 a month. And you don't even need a lump sum up front to kick off your investment!
The new, affordable Topaz Personal Investment not only gives you access to the stock market. It also ensures that your money is invested with expertly managed unit trust companies and gives you the ability to switch your investment from one allowed investment fund to another - free, twice a year, for the best possible returns.
You choose from up to ten investment funds to invest in, depending on your risk profile, and we use your monthly payments to buy units in the selected investment funds.
Click here for more information about the investment funds available.
Investment periods
The Topaz Personal Investment offers two investment term options:
- Committed plan
You choose the initial investment term (minimum 5 years, maximum 10 years). After the expiry of the initial term, you may carry on with your investment.
Features
- Recurring payments only
- Minimum monthly payments (for ten year term): R200.
- Minimum monthly payments (for less than ten year term): R400.
- Flexible plan
No need to commit yourself to an initial investment period. You invest for as long as you want and there are no alteration charges. You may choose to make regular withdrawals from the start, subject to a minimum one-off payment of R20 000.
Features
- One-off payments as well as recurring payments accepted.
- Minimum monthly payments: R300 (recurring payments)
Tax advantages
The Topaz Personal Investment could prove to be extremely tax-friendly. Tax is not paid in the investment fund. Instead you are taxed on the income and capital gains of the investment at your personal tax rate. Depending on your own tax situation, (eg. exemptions and exclusions available to you) this may even provide you with a better return after tax.
If you want to participate in the benefits the stock market offers you,
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