Updated: 23-November-2020 Valid until: 27-November-2020
Company | Product | Nominal Rate | Five-Year Rate on Maturity | Min Inv Amount | Initial Charges | Management Cost |
---|---|---|---|---|---|---|
Fedgroup Secured Investment | Growth Option | 7.60% | 9.21% * | R 5 000 | 0.00% | 0.00% |
Fedgroup Secured Investment | Income Option | 7.60% | Varies, based on income paid out | R 5 000 | 0.00% | 0.00% |
Fedgroup Secured Investment | Tax-Free Option | 4.25% | Varies, based on investment term | R 500 | 0.00% | 0.00% |
*
The rate is based on a five-year investment calculated at a fixed nominal rate if 7.6% p.a.
Company | Effect Rate | Initial charges | Min Inv Amount | Management cost |
---|---|---|---|---|
Allan Gray | 4.380% | 0.000% | R 20,000 | 0.290% |
Cadiz | 4.360% | 0.000% | R 20,000 | 0.290% |
Absa* | 4.120% | 0.400% | R 100,000 | 0.570% |
Coronation | 3.900% | 0.000% | R 10,000 | 0.250% |
Old Mutual Unit Trust | 3.850% | 0.000% | R 10,000 | 0.570% |
Glacier | 3.780% | 0.000% | R 100,000 | 0.460% |
Prudential | 3.690% | 0.000% | R 50,000 | 0.400% |
Nedbank | 3.620% | 0.000% | R 10,000 | 0.570% |
SYmmETRY | 3.610% | 0.000% | R 10,000 | 0.570% |
PSG | 3.200% | 0.000% | R 25,000 | 0.570% |