Our Endowment Plans are medium-term investments that give you access to a wide range of funds, managed by leading fund managers. These plans might suit you if you can keep your money invested for at least five years. And we reward you the longer you stay invested, the more you invest and the healthier you become. Whether you choose to invest a lump-sum or monthly, locally or offshore, we have a plan to meet your needs.
When you invest a lump-sum, you receive a boost to the portion you place in qualifying Discovery funds. We pay the boost in two stages: 30% (plus growth at a guaranteed rate) if you stay invested for five years, and the balance (plus growth) if you remain invested for ten years.
At a glance
Investment term
Short - Medium Term5 to 10 years or more
Minimum investment amounts
R75 000
You can make extra contributions to your investment.Fees that apply
Discovery fee
We charge a yearly admin fee, which may depend on the size of your investment.Investment manager fees
Investment managers may charge initial and ongoing fees.Financial adviser fees
Your financial adviser can charge initial and ongoing advice fees.Please contact your financial adviser for a detailed quote on fees.
Tax
The following applies to you:
30% on investment growth
20% on dividends
12% on capital gains
No Tax at the end of your investment*
Fact File
Read the relevant Fact File for details of:
When you can access your money before 5 years
When extra contributions will start a new investment
Contact your financial adviser for more information
Investment guarantees
No guarantee of investment performance
Read our brochure for more information.
If you choose to invest recurring amounts, we reward you with refunds on the admin fees you pay. This can save you nearly half the admin fees over five years - which means you have more to invest!
At a glance
Fees
Discovery fee
We charge a yearly admin fee, which may depend on the size of your investment.Investment manager fees
Investment managers may charge initial and ongoing fees.Financial adviser fees
Your financial adviser can charge initial and ongoing advice fees.Please contact your financial adviser for a detailed quote on fees.
Fact File
Read the relevant Fact File for details of:
When you can access your money before five years
How the Contribution Waiver works
Contact your financial adviser for more information
Minimum investment amounts
R850
You can make extra contributions to your investment.Tax
The following applies to you:
30% on investment growth
20% on dividends
12% on capital gains
No Tax at the end of your investment*
Investment term
Short - Medium Term5 to 10 years or more
Investment guarantees
No guarantee of investment performance
You can protect your investment against unexpected life events with a Contribution Waiver that pays your contributions for you if you become severely ill or disabled during the investment. This is available at an additional risk premium. Read our brochure and Fact File for more information.
Read our brochure for more information.