Investec Access TW
Investec Access provides a tax-efficient way to manage savings.
A minimum term applies which, in most cases, means that investors can make only two withdrawals during the first five years of their investment.
|Minimum investment||R50,000 lump sum with R10,000 ad hoc additions, plus R1,000 per month debit order. Ad hoc additions may not exceed 120% of the highest total investments made in each of the previous two years.|
|Withdrawal benefits||Two withdrawals are allowed during the first five years, subject to regulated maximums. Thereafter regular withdrawals of any amount allowed.|
|Death benefit||Transferred to the nominated beneficiary/ies (exempt from executor’s fees) or the investor’s estate (may be subject to executor's fees).|
Within Investec Access investors can choose between iSelect, FundSelect and FundChoice, depending on the level of investment choice they need.