Investments 2022-07-28

Invest your lump sum into the 1Life Guaranteed Future Value Investment and select the guaranteed portfolio option to ensure that the guaranteed rate is fixed. The guaranteed rate is established when the first investment is made. After the first year of investment, you will be permitted a one-part withdrawal during the investment period. A surrender option is also available after the first year. At the maturity date, the maturity value will be payable to you. This will automatically be invested into a money market product.

You need to invest R100 000 or more over a five-year investment period. You cannot make additional deposits during the term of the investment.

Beneficiaries can be added to the investment. If you die before the term is up, the proceeds will be paid directly to your beneficiaries and not tied up in your estate until it is settled. The proceeds are, however, considered part of the estate of the deceased and attract estate duty.

The 1Life Guaranteed Future Value Investment is ideal for you if you:

• are looking for a guaranteed return after five years
• want to diversify your investment strategy
• are looking for a secure, low-risk way to invest your money
• have a high marginal tax rate
• don’t need your capital for the next five years

1Life Future Value Investment is a low-risk product. The money is invested with the Guarantor, which is a large South African bank with one of the highest credit ratings, to ensure that the investment risk to you has been mitigated to the best extent possible.