Investec offers a variety of savings products of which Investec Access, Investec Bond and GlobalSelect are the most popular. These products allow investors to take control of their own fund portfolios, while balancing the need for liquidity and tax-efficiency. The products offer full flexibility with varying levels of investment choice, depending on investor needs. In addition there is complete transparency of costs, pricing and performance.
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. Within Investec Access investors may choose between iSelect, FundSelect and FundChoice, depending on the level of investment choice they need.
Investec Bond provides a gateway to a range of investment funds managed by various different managers, allowing for convenient and cost-effective transacting within a single product with efficient and consolidated reporting. Within Investec Bond investors may choose between iSelect, FundSelect and FundChoice, depending on the level of investment choice they need.
GlobalSelect is an extension of our well-established product range, offering investors access to a wide range of offshore investments as well as the convenience of investing through one platform.
Investec Asset Management’s superior offshore investment capability forms an integral part of our GlobalSelect offering. We also give investors access to other leading fund managers that have a proven investment track record. The managers on the GlobalSelect platform have been carefully selected to meet the diverse needs of offshore investors.
Savings Product Fees
|Initial administration fee/reduction (including VAT where applicable)|
|Nil||1.71% of first R100,000||1.71% of first R100,000|
|1.14% of next R150,000||1.14% of next R150,000|
|0.86% of next R250,000||0.86% of next R250,000|
|0.57% of next R500,000||0.57% of next R500,000|
|0.29% of over R1m||0.29% if over R1m|
|2.28% if below R50,000||2.28% if below R50,000|
|Annual administration fee/reduction (including VAT where applicable)|
|0.456%*||0.86%||R205.20 processing fee plus|
|1.140%* of first R250,000|
|0.855%* of next R500,000|
|0.570%* if over R750,000|
|1.425%* if below R100,000|
Additional adviser fees/reductions are negotiable up to 3.42% initial and 1.14% annual (both including VAT where applicable). For FundSelect, all annual fees/reductions are accrued at a fund level, reducing the need to pay fees from unit sales.
* Rates shown before refunds