Tax-free savings
Investing in your future - tax free
Are you aware that a tax-free investment is not subject to income tax or capital gains tax? It offers a convenient and flexible way for you to save towards a specific goal or supplement your retirement savings.
Consider your options
Investec Private Banking offers a Tax-free Fixed Deposit and there are also seven Investec Wealth & Investment (W&I) funds available through My Investments on Investec Online (on a linked investment service provider platform).
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Investec BCI Active Income Fund of Funds
The Investec BCI Active Income Fund of Funds is an actively managed multi-asset portfolio that aims to provide investors with a high level of income and capital stability.
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Investec BCI Balanced Fund of Funds
The objective of the Investec BCI Balanced Fund of Funds is to achieve long-term growth of capital and income by investing in a diversified range of assets, such as equities, bonds, property and cash. It aims to outperform the benchmark with lower than benchmark risk over three year rolling periods.
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Investec BCI Balanced High Equity Fund
The Investec BCI Balanced High Equity Fund is a multi-asset class fund that aims to deliver consistent growth of capital and income over the long term with a bias toward equity investment.
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Investec BCI Equity Fund
The Investec BCI Equity Fund is a general equity fund designed to provide investors with capital growth and income over the long term.
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Investec BCI Dynamic Equity Fund
The Investec BCI Dynamic Equity Fund aims to provide investors with capital growth and income over the long term.
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Investec BCI Progressive Yield Fund
The Investec BCI Progressive Yield Fund aims to provide investors with a growing income stream that can translate into capital growth over the medium to long term.
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Investec BCI Property Fund
The Investec BCI Property Fund provides investors with a growing income stream that can translate into capital growth over the medium to long term.
BCI - Administered By Boutique Collective Investments
Tax-free deposit
If you want to open a Tax-free Fixed Deposit through Private Banking, please contact your private banker who will assist you every step of the way.
Important to note: SARS applies a penalty of 40% to any contributions in excess of the R36,000 annual or R500,000 lifetime threshold. Should you withdraw any funds from a tax-free savings account, SARS does not allow the withdrawn funds to be replaced.
Request a call back regarding a Tax-free Fixed Deposit account
Questions?
If you have any questions relating to tax-free Unit Trusts through My Investments, please contact investments@investec.co.za or call 0861 468 387.
For any Tax-free Fixed Deposit queries, contact your private banker.