Reach your savings goals with tax and estate planning benefits
Call Hollard Investments on
0860 202 202 or email
customercare@hollardinvestments.co.za
Visit our secure online portal to invest now or manage your investments.
View our table with the fees charged based on the investment value.
Follow our easy steps on how you can invest with Hollard Investments.
Go to our frequently asked questions to help you with any queries you may have.
A fee is charged on the value of your investment account as follows:
Investment Value | Initial Fees (excl. VAT)Hollard initial administration fee | Initial Fees (excl. VAT)Transaction fees | Annual Admin Feeif fully invested in 3rd Party Manager Funds - weighted fee (excl. VAT) | Annual Admin Feeif fully invested in Hollard BCI Unit Trust Funds - flat fees (excl. VAT) |
---|---|---|---|---|
First R1.5 million | 0% | 0% | 0.50% | 0.25% |
Next R3.5 million | 0% | 0% | 0.20% | 0.25% |
Thereafter | 0% | 0% | 0.15% | 0.25% |
Additional fee of 0,20% is charged on share portfolio accounts. | ||||
Additional fee of 0,45% is charged on portfolios that make use of Hollard's foreign allowance. Please contact us for more information. |
Hollard initial administration fee
0%
0%
0%
Additional fee of 0,20% is charged on share portfolio accounts.
Additional fee of 0,45% is charged on portfolios that make use of Hollard's foreign allowance. Please contact us for more information.
Transaction fees
0%
0%
0%
Additional fee of 0,20% is charged on share portfolio accounts.
Additional fee of 0,45% is charged on portfolios that make use of Hollard's foreign allowance. Please contact us for more information.
if fully invested in 3rd Party Manager Funds - weighted fee (excl. VAT)
0.50%
0.20%
0.15%
Additional fee of 0,20% is charged on share portfolio accounts.
Additional fee of 0,45% is charged on portfolios that make use of Hollard's foreign allowance. Please contact us for more information.
if fully invested in Hollard BCI Unit Trust Funds - flat fees (excl. VAT)
0.25%
0.25%
0.25%
Additional fee of 0,20% is charged on share portfolio accounts.
Additional fee of 0,45% is charged on portfolios that make use of Hollard's foreign allowance. Please contact us for more information.
A minimum annual administration fee of R115.00 applies.
Tax Rates | |
---|---|
Income Tax Rate | 30% |
Capital Gains Tax Rate | 12% |
Dividends Withholding Tax Rate | 20% |
30%
12%
20%
Access the Hollard BCI Fund factsheets, latest and historic unit prices, investment insights, and more.
Find all the forms and documents you’ll need to invest in the Hollard Endowment Plan here.
Hollard will always recommend that you consult a professional, qualified financial adviser to help you choose suitable products and portfolios for your specific financial needs. Comprehensive financial planning goes far beyond simply choosing a product. It encompasses many elements that all work together towards a successful financial outcome.
If you would like to proceed without the assistance of a financial advisor, please follow the steps below:
Fax: 011 351 3816
Email: customercare@hollardinvestments.co.za
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Yes, your endowment policy investment account is flexible. You can choose to switch Investment Portfolios at any time at no cost to you.
No, there are no withdrawal charges levied.
Certain investment portfolios may have their own minimum investment amounts. Please refer to the Investment Portfolio list for details on all available options.
Yes, however, legislation limits the additional amounts that can be contributed to your endowment policy in the following ways:
If you pass away, your policy will pay a benefit equal to the policy value (less fees and charges), if you're both the policyholder and the nominated life assured. If there are other lives assured by the policy, the policy will continue until the death of the last surviving life assured. Once the last surviving life assured has passed away, the death benefit will be paid to the nominated beneficiaries. If there are no beneficiaries, the benefit will be paid to the estate.
No, loans are not permitted against the policy.
Endowment policies underwritten by Hollard Life are taxed within the individual policyholder fund in accordance with Section 29A of the Income Tax Act as amended from time to time. The individual policyholder fund is subject to income and capital gains tax at the prevailing rates prescribed by legislation. Policy proceeds paid out to policyholders are net of tax.
Any amendments to the tax legislation may affect the withdrawal value of your endowment policy. Policyholders should obtain independent tax advice, relevant to their circumstances, prior to investing.
The endowment policy is subject to dividend tax. This will be withheld from the local dividend portion of a distribution received from an investment portfolio.
During the first five years of the endowment policy, you can make one full or partial withdrawal (with no withdrawal charges), the value of which is limited by legislation. After five years all restrictions on the policy fall away and there is no limit on the number of withdrawals you can make, and you may withdraw everything from your policy or a portion of the value of the policy.
Yes, security and outright cessions are permitted.
There is a cooling-off period of 31 days applied on a Hollard Endowment Plan Policy. Any fees paid to Hollard Life and your financial advisor will be reversed.
The endowment policy is open-ended and does not have a term. Policies however have a five-year restriction period from inception during which time there are withdrawal limitations. Once the restricted period ends, there is no restriction on the value you may withdraw or the number of times you may withdraw from your policy.
Hollard Life in its capacity as the Administrator does not provide financial advice and may only supply factual or administrative information relating to investment products and portfolios.
Hollard Investments is part of the privately-owned Hollard group. Through partnerships and enabling our clients to create and secure better futures, we achieve what is at the core of Hollard Investments’ purpose. We strive for a more efficient and accessible way for your money to get you to where you want to be, and we are committed to shared success with financial advisors and investors. We’ve got this, together.