Don't shy away from offshore investments in your Living Annuity
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10x Investments

  10x Investments   Q3 of 2024 | 2 years ago

If you are a retiree with a living annuity or are close to retirement and looking at investing in a living annuity, you need to consider to what extent you should be investing offshore. There are definite advantages to having offshore exposure in your living annuity, but there are also risks, and you need to weigh up the benefits against the risks in line with your personal circumstances, says Brett Mackay, Investment Consultant at 10X.


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In 2020, Cannon Asset Management, was bought by Seriti Capital Partners, after the transaction its s retail unit trusts dissappeared from retail.

Asset manager Coronation saw a need for a shariah-complient leaning asset managemnt and in 2002, founded a standalone manager Kagiso AM (now Camissa AM).

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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.