You can maximise your returns in US dollars and get protection against market falls
Global investing provides you with an opportunity to diversify your investments across geographies and currencies. Through the Discovery Dollar Capital 50:50 Plus, you can get exposure to a diversified global share portfolio and get an enhanced return in US Dollars.
How the offer works
You could get the following returns and protection:
- If this global share portfolio stays the same or goes up by as little as 1% over five years, you will get a 50% gross return in US dollars.1
- If this global share portfolio goes up by more than 50% over five years, you will get a 100% gross return in US dollars.1
- If the global share portfolio goes up by more than 100%, you will benefit from the upside.
- You also get downside protection for falls in the global share portfolio of up to 30% during the five-year period. The downside protection does not apply if the global share portfolio fell by more than 30%2 at any stage during the five-year term.
Invest below the prevailing exchange rate
This offer is a qualifying investment choice on our new Discovery Global Endowment, which gives you the chance to convert your rands into US dollars at a rate significantly below the prevailing exchange rate. This can further enhance the return from the Discovery Dollar Capital 50:50 Plus.
Valid until 22 June 2022
This document is meant only as information and should not be taken as financial advice. For tailored financial advice, please contact your financial adviser. Discovery Life is a licensed life insurer and an authorised financial services provider. Registration number 1966/003901/06. Discovery Life Investment Services Pty (Ltd), registration number 2007/005969/07, branded as Discovery Invest, is an authorised financial services provider. All life insurance products are underwritten by Discovery Life Ltd, registration number: 1966/003901/06, an authorised financial service provider and registered credit provider, NCA Reg No NCRCP3555.
Product rules, terms and conditions apply. This document is meant only as information and should not be taken as financial advice. For tailored financial advice, please contact your financial adviser. This document does not include the full details of how our investment plans work. The information in this document must be read with the relevant fact files.
The Global Endowment Plan is a unit-linked life insurance policy contract, issued by Discovery Life International, the Guernsey branch of Discovery Life Limited (South Africa), licensed by the Guernsey Financial Services Commission under the Insurance Business (Bailiwick of Guernsey) Law 2002, to carry on long-term insurance business. Discovery Life is a registered long-term insurer registered under the South African Long-term Insurance Act of 1998 and an authorised financial services provider (registration number 1966/003901/06). Discovery Invest is an authorised financial services provider (registration number 2007/005969/07). All benefits are offered through the insurer. The insurer reserves the right to review and change the qualifying requirements for benefits at any time.
1The return in US dollars and conditional downside protection are before the effect of any administration fees, initial and ongoing financial adviser fees and taxes, where applicable. These fees will reduce the final return received.
2Figures are indicative. Final terms are subject to market conditions at date of trade. Investors are also subject to any default risk or restructure of BNP Paribas.