01Both the growth and income you receive on your investment are tax free – no capital gains tax (CGT) or tax is levied on the dividends and interest received. |
02It is a convenient and flexible way to accumulate savings over time – as you won't incur tax, more of your money is available to benefit from the power of compounding growth. |
03Parents can invest on behalf of minors (withdrawals must be paid into a bank account in the minor’s name). |
04You can stay invested as long as you want to. The longer you remain invested, the bigger your potential growth and tax saving. |
Complete the Ninety One Tax-Free Savings Account application form online. Select one or more funds from the Ninety One range of funds and make a lump sum and/or monthly investment.
The fund managers, in this case Ninety One, invest your money in a portfolio of assets such as equities, bonds, cash and listed property, based on your fund selection.
We then manage the investment on your behalf according to the funds’ objectives, for example, beating inflation over a certain time period. This plays a key role in determining the return on your investment.