The PSG Wealth Preservation Fund is a pre-retirement product that helps you to preserve and continue growing your retirement savings once you have left an employer's pension or provident fund. It offers a number of attractive tax benefits, including:
- Proceeds up to a certain amount are tax-free at retirement.
- Investment growth in your preservation fund is tax-free.
It also helps you to continue saving towards retirement with discipline, as you have to stay invested until age 55.
Your selection of underlying investments will have to comply with the limits set by Regulation 28 of the Pension Funds Act (which caps equity and offshore exposures). Choose from a broad range of unit trusts, a selection of hedge funds, and a wide array of shares and other securities through the Private Share Portfolio.
Minimum lump sum investments: R20 000
For more information and how to invest,
click here or visit our FAQ page.
Click here for a list of available unit trusts
Click here for the Preservation Funds Key Information Document
Click here for more information on the Private Share Portfolio
Hedge funds are available through duly licensed financial advisers. Please
contact your adviser for more information.