What are the tax implications of this investment?

The Honey Investment Plan is subject to the following taxes: • Capital Gains Tax: realised on the sale of an investment portfolio if the sale results in a capital gain, i.e. if the asset is worth more when sold than it was when it was purchased. • Interest Income Tax: incurred on any portfolio invested in underlying assets that earn interest and realised in the tax year in which it is earned. • Dividends Tax: incurred on the receipt of a distribution that contains a local dividend component, and withheld by the administrator who pays the tax to SARS on behalf of investors.

What are the underlying portfolios I can invest in?

There are a range of Unit Trust Funds to choose from. You may select any one, or a combination of them, and you can switch between funds at any time.

Can the investment be used as security/collateral?

You may cede some or all of your investment as collateral/security.

Can the investment be cancelled and does a cooling-off period apply?

No, the investment plan does not provide a guarantee on the investment value of your investment account, nor does it guarantee the performance of the investment. The market value of the investment may fluctuate. The investor carries the investment and market risk, which may include the possibility of losing capital.

Is the investment guaranteed?

No, the investment plan does not provide a guarantee on the investment value of your investment account, nor does it guarantee the performance of the investment. The market value of the investment may fluctuate. The investor carries the investment and market risk, which may include the possibility of losing capital.

Can I make additional contributions to my investment?

Yes, additional contributions can be added to the investment at any time via Lump sum or debit order. Your debit order can start, stop, or be amended at any time.

Can I transfer my existing investment to the Honey Investment Plan?

Yes, you can, however, it depends on the rules of your existing investment. Chat with us about the options available to you.

Can I withdraw from my investment?

Yes, you may make any number of withdrawals as frequently as you like.

What happens if I pass away?

Your investment forms part of your estate and will be governed by your last will and testament. Any beneficiaries who receive a portion of the investment, according to the instructions of the executor of the estate, may receive their portion as a cash payout or a transfer to an investment account in their name at Honey Investment Solutions or another product provider.

Do I need a financial advisor to invest in this product?

It’s not required but we highly recommend that you appoint a financial advisor to assist you. Hollard and Honey Investment Solutions do not provide financial advice and may only supply factual or administrative information relating to the investment products and portfolios.

Our Investment Plan is Part of Our Flexible Savings Suite

Name: Hollard Investment Plan
Brand: Hollard

Honey Investment Solutions

Honey Investment Solutions is a tech-driven investment platform designed to help financial advisers deliver real value to their clients.

By combining smart systems and seamless administration with client-centric service, Honey makes it easier to manage products and achieve meaningful investment outcomes. This technology suite empowers advisers to build better futures for their clients, backed by Hollard’s powerful partnership support.

Need to get in touch with us?

Call Honey Investment Solutions on
0860 202 202 or email
honey@hollardinvestments.co.za

Visit our secure online portal to invest now or manage your investments.

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