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| Where I Am? | Viewer ==> Tax-Free Savings Accounts (TFSAs): How to select the most appropriate investment portfolio | |||||||||||||
Stanlib Collective Investments |
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| Stanlib Collective Investments | Q2 of 2023 | 4 years ago |
In 2015 National Treasury decided to incentivise South Africans to save more to address the underlying socio-economic problems that arise from our ¹poor savings culture. It introduced tax-free savings and investment vehicles. The TFSA is an ideal discretionary investment option to supplement your existing retirement and /or discretionary savings. A TSFA is completely tax-free. It reduces your taxable income while you invest. When you withdraw, you receive the full investment back, without incurring any tax on the growth.
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10X Investments acquired CoreShares in 2022.Met Collective Investments in it s heydays administered almost a quarter of all SA registered third party funds before it s consolidation with Momentum Investments after merger of Metropolitan and Momentum in 2017.Asset manager Marriott Unit Trusts Manco was founded in 1987. |
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| Disclaimer |
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| Please note that unit trusts investmets are generally classified as long-term investment products not suitable for trading and speculation. |