BENEFITS
The fund is the essence of diversification and liquid global real estate securities and offers:
- Attractive yields
- Geographic, sector and currency diversification
- Moderate volatility
- Long-term capital appreciation
- Tax optimisation
TAX-FREE SAVINGS ACCOUNT (TFSA)
TFSA was introduced as a means to encourage South Africans to build a savings pool over the long-term in a tax efficient manner. Tax payers are exempt from normal tax on contributions of up to R36 000 per tax year. (There is a total lifetime limit of R500 000).
The Reitway BCI Global Property Feeder Fund has been listed as an investment option on various Unit Trust Tax-Free savings Account offerings (Glacier, Momentum and Stanlib).
Benefits include (amongst others):
- No tax on the income derived from the investment
- No capital gains on the disposal of the investment
Let us assist you with this journey to tax efficient saving. Send Olivia Teek an email ([email protected]) containing your Name, Surname, ID number and Tax Number. Our administrator will then contact you for the FICA details required as well as the additional information you would require.