Offshore unit trusts
for South African investors
Why should you consider our unit trusts?
As the world changes so should your approach evolve to ensure that you can achieve the outcomes you need without the nasty surprises.
We believe the solution lies in understanding an investor’s need and risk profile, and then adopting an investment approach that manages this outcome within a strict risk-controlled framework, minimising the losses so that the investment keeps growing off a higher base. A client-centric approach then guides investors along the way, managing their experience, comfort levels and behavioural biases to keep them on track to meet their goal.
Benefits of investing in our unit trusts
- You receive an additional layer of diversification, by spreading your risk across more than one asset manager in a single unit trust.
- We continually research and monitor new and existing single asset managers, with the intention of optimally structuring our unit trusts.
- There are no tax implications when, as a multi-manager, we change an asset manager or rebalance the assets within our unit trusts.
- We manage transitions between asset managers, to limit increased costs and out-of-market risk – the chance of missing out on a big gain, while making a routine transfer of funds.
Conservative
A conservative investor has a low-risk tolerance and needs a time horizon that is between one and three years. The time horizon is the length of time before you want your money returned.
Moderate
A moderate investor has a medium risk tolerance and a time limit of around five years. The time horizon is the length of time before you want your money returned.
Aggressive
An aggressive investor has a higher risk tolerance level and a longer time horizon, generally longer than seven years. The time horizon is the length of time before you want your money returned.
How to invest
- Set your goal.
- Decide on the most appropriate investment, to meet your investment goal. If you need guidance, speak to a financial adviser.
- Decide how much and how often you want to invest, for example, you can invest a minimum of R500 a month and/or R30 000 as a lump sum.
- Fill in the application form and include all the documents we need.
Make an informed decision
- Select your unit trust portfolios from the available unit trusts
Complete the application form
- Application form
- Complete all fields marked with an asterisk (*).
- Certified copy means a copy of an original document that has been physically examined by an approved Commissioner of Oaths and the certification affixed to the physical copy is in original ink. (Not a copy of a certified document.)
- We require certified copies of all the following documents except for the application form.
Obtain and submit documentation
IF USING YOUR R1 MN SINGLE DISCRETIONARY ALLOWANCE:
Submit all original documentation (completed and signed application form and signed and certified required documents as per application form) to AFInvestinstructions@alexforbes.com
IF USING YOUR R10 MN FOREIGN CAPITAL ALLOWANCE:
Obtain SARS tax clearance certificate. Use the form available on the website (FIA 001), use online service (eFiling), or use foreign exchange currency provider (Incompass). Then submit all original documentation (completed and signed application form and signed and certified required documents as per application form) to AFInvestinstructions@alexforbes.com
WHEN YOUR FUNDS ARE ALREADY OFFSHORE:
Submit all original documentation (completed and signed application form and signed and certified required documents as per application form) to AFInvestinstructions@alexforbes.com
What happens next?
Once we’re satisfied that all the application requirements have been met, and the initial customer due diligence process is complete, we will supply our bank account details to you. Then:
IF USING YOUR R1 MN SINGLE DISCRETIONARY ALLOWANCE:
Buy your relevant foreign currency. Request onward payment of your foreign currency to our bank account. Send proof of payment to AFInvestinstructions@alexforbes.com
IF USING YOUR R10 MN FOREIGN CAPITAL ALLOWANCE:
Buy your relevant foreign currency. Request onward payment of your foreign currency to our bank account. Send proof of payment to AFInvestinstructions@alexforbes.com
WHEN YOUR FUNDS ARE ALREADY OFFSHORE:
Arrange for the transfer of your funds by completing a telegraphic transfer form for your bank or transferring funds via online banking to our bank account. Send proof of payment to AFInvestinstructions@alexforbes.com