2022 Half-Millionaire Investment Plan
Event Date: 1 January 2022 to 30 November 2022
Suitable for financial goals:
Say goodbye to COVID, start afresh in 2022.
We want you to become a half-millionaire!
R3,000, 10 years, make your dream come true
How it works
Sign an investor's 10-year investment pledge and complete the Allan Gray investment application form.
The initial investment is R3,000 per month. The monthly investment amount stays the same during the 10-year period. The total cumulative contribution is R360,000.
The expected maturity value after ten years is between R512,296 and R539,438 (not guaranteed). At maturity, you can withdraw or keep the money in your account to continue investing.
We open an Allan Gray Tax-free Investment account for you. The fund portfolio is actively managed by Morningstar. You must ensure you do not invest in another tax-free savings account at the same time, to avoid breaking SARS rules on tax-free investments.
The projected return of this investment is approximately 10% p.a (not guaranteed).
The investor must live in South Africa and have a South African ID or a valid foreign passport to apply for this investment. It is necessary to provide proof of residential address and proof of banking details for debit order.
You can invest for children under the age of 18 - Invest in the name of the child, and the guardian will manage the child's investment account on his behalf.
This offer is open to investors from 1 January 2022 to 30 November 2022, capped at 100 participants. First come, first serve. The first contribution must begin on or before 1 January 2023.
We will send you an investment statement to your mailbox every quarter to let you know the status of your investment account.
Interested? Please fill in the contact form on the right, and we will contact you.
Warning: unit trust investments have risks, and returns are not guaranteed. The actual investment profits and losses shall be borne by the investor.