Endowments vs sinking funds: Which product is better suited for your needs?
Where I Am? | Viewer ==> Endowments vs sinking funds: Which product is better suited for your needs?

Allan Gray Unit Trust Management

  Allan Gray Unit Trust Management   Q3 of 2024 | 2 years ago

In South Africa, an endowment is a long-term linked insurance policy, with at least one life assured (see Table 1), that is issued by an insurer and regulated in terms of the Long-term Insurance Act and the Insurance Act. As such, endowments are subject to certain rules and restrictions. A sinking fund has the same features and is subject to the same restrictions as an endowment but does not have a life assured.


SA - MA - I
SA - E - G
SA - E - LC
G - MA - F
SA - IB - VT
G - E - G
SA - MA - F
R - MA - F
SA - RE - G
SA - MA - HE
Did You Know ?

DYN

Mvunonala Investments in 2017 was embroid in a scandal that involve the dissappearing of huge monies in Bophelo Beneficiary Fund. It never recover from that scandal.

Nedbank Investments's BettaBeta merged into CoreShares in 2015.

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Disclaimer
Please note that unit trusts investmets are generally classified as long-term investment products not suitable for trading and speculation.