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Glacier launches enhanced offshore offering

Glacier by Sanlam has just launched its enhanced offshore offering, The Global Collection, through which clients are able to invest in offshore funds up to the foreign exchange control limits set by the South African Reserve Bank - currently R2 million.

The new investment will allow clients to benefit from the considerable rand depreciation, which is expected to continue well into 2009, by diversifying their portfolios across currencies, industries and different geographic regions.

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