Honey Investment Plan
Invest in a variety of investment portfolios via a single investment account
About Honey Investment Plan
Who is it for?
Anyone looking for a flexible investment plan that will allow them to reach their savings goals.
Minimum investment of
R500 per month or a R5 000 lump sum.
Features & benefits
- Flexible investment plan – start or stop contributions anytime, without penalties incurred.
- Tailored investment portfolio – choose from a range of unit trust funds offered by Hollard and 3rd party unit trust fund managers.
- Accessible – access your money – all of it, or a portion – when you need it.
- Simplified investment planning – create your plan to suit all your investment needs and goals.
Explained fully
A detailed document explaining all the rules and processes of our Investment Plan.
Portfolio list
A list of the portfolios available within our Investment Plan.
Start your investment journey
No adviser? No problem. Get a quick online quote and start investing on your terms.
Your investment dashboard
Visit our online portal to manage your investments simply and securely.
Speak to us
Send us your details and we will give you a call.
Fees and charges
You will be charged a fee based on the value of your all your investment accounts held with Honey, as outlined below:
Investment Value | Initial Administration Fee (excl. VAT) | Transaction Fees | Annual Administration Fee (weighted) (excl. VAT) |
|---|---|---|---|
From R0.0 to R1.5 million | 0% | 0% | 0.40% |
Next R4.5 million | 0% | 0% | 0.20% |
Thereafter | 0% | 0% | 0.10% |
Initial Administration Fee (excl. VAT)
From R0.0 to R1.5 million
0%
Next R4.5 million
0%
Thereafter
0%
Transaction Fees
From R0.0 to R1.5 million
0%
Next R4.5 million
0%
Thereafter
0%
Annual Administration Fee (weighted) (excl. VAT)
From R0.0 to R1.5 million
0.40%
Next R4.5 million
0.20%
Thereafter
0.10%
A minimum annual administration fee of R110.00 applies.
- Should you be invested in certain portfolios, your effective fee payable may differ. Should you not be fully invested in Hollard FR unit trust funds within your Honey Investment Plan Account, the annual administration fee will be calculated proportionally using the two fee scales provided in the table above for the respective portfolios.
- Your financial adviser may charge you an initial and ongoing fee. These fees are negotiable between yourself and your adviser. A maximum of 3% (excl.VAT) applies for financial adviser initial fees, and a maximum of 1% per annum (excl.VAT) applies for financial adviser ongoing fees.
- For more information, please refer to the Investment Portfolio list.
Find everything you’ll need to invest in the Honey Investment Plan here.
Invest now by following these easy steps
When it comes to your flexible investment plan, we highly recommend seeking guidance from a qualified financial adviser. They can help you select the right products and investment portfolios to meet your specific financial goals. Comprehensive financial planning is more than just choosing a product - it involves a variety of factors that work together to achieve success. With a professional adviser on your side, you can ensure that your investment plan is tailored to your unique needs and aligned with your long-term objectives.
If you would like to proceed without the assistance of a financial adviser, please follow the steps below:
- Decide how much you’d like to invest and which of our Investment Portfolios you’d like to invest in.
- Complete an investment quotation.
- Send the completed and signed investment quotation, application form and required documentation to:
Find a flexible investment plan to suit your needs. Get an online quotation today.
Frequently asked
questions
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 adviser to invest in this product?
It’s not required but we highly recommend that you appoint a financial adviser 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.
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Why invest with
Hollard Investments and Honey?
Hollard Investments and Honey Investment Solutions “Honey” is part of the privately-owned Hollard Group. Through partnerships and by enabling our clients to create and secure better futures we achieve what is at the core of Hollard Investments’ and Honey’s purpose. We strive for a more efficient and accessible way for your money to get you to where you want to be. We are committed to shared success with financial advisers and investors.
We’ve got this, together.
Need to get in touch with us?
Call Honey Investment Solutions on
0860 202 202 or email
honey@hollardinvestments.co.za