Global Defined Returns Retirement Protector

Wealthport is proud to present, in partnership with ABSA & 1Life, the first structured product available for purchase within a Living Annuity. The Global Defined Returns Retirement Protector offers you attractive fixed returns, and at the same time the benefit of geared exposure to any positive growth of global stock markets, all in one single fully capital-protected South African rand (ZAR) investment.  In addition, it also offers some exposure to the ZAR/US Dollar exchange rate on any growth at maturity. The Investment is available exclusively in a Wealthport Market Linked Living Annuity policy.

KEY BENEFITS:
  • 25% of the initial investment amount earns a fixed return of 18.8% (simple), paid into the policy after 1 year
  • Another 25% of the initial investment amount earns a fixed return of 38.8% (simple), paid into the policy after 3 years
  • The remaining 50% of the initial investment amount will be allocated to an Equity Index Investment for 5 years
  • Some exposure to foreign currency
Application Open Date : 30 March 2020

Application Closing Date : 15 May 2020

Investment Date : 22 May 2020

Wealthport take-on and investment requirements:

Refer to attached required documentation:

For existing Wealthport Market Linked Living Annuities:
  • Wealthport Switch Form
  • Signed ABSA Term Sheet (both pages)
For new Wealthport Market Linked Living Annuities:
  • Wealthport Market Linked Living Annuity Application Form
  • Signed ABSA Term Sheet (both pages)
  • FICA as per FICA requirement list (attached)
  • Transfer In Documentation for a section 37 or Retirement Transfer In
Contact Us:   Please contact your Wealthport Business consultant if you have any questions or require assistance. Wealthport Business Consultants contact information:
Area Name Email Address Contact Nr
Gauteng/KZN  Charles Brits  charles@wealthport.co.za  082 335 4781
Port Elizabeth/Eastern Cape Lynn Hills lynn@wealthport.co.za 083 307 5680
Western Cape/Eastern Cape Cliff Coxwell cliff@wealthport.co.za 083 307 1177