Making changes to your investment
Servicing your investment
1. Complete the Discovery Invest Switch form
We must receive these instructions by 10:00 on a business day if they are to be processed that day.
2. Switches are emailed or faxed
We accept switches that are:
faxed to us on 011 539 5777
emailed to us on firstname.lastname@example.org
3. Switch fees
The first four switches per year are free. From the fifth switch a switch fee of 0.25% of the investment amount being switched applies to each additional switch.
Investors may change the following investment details by completing the Discovery Invest request to amend details form
- Personal details and contact details
- Bank account details
- Beneficiary nomination
- Investment contribution
To cede the investment in a collateral cession, investors must complete a Discovery Invest cession form and must give us a letter from the bank that the investment is being ceded to. The letter must be on the bank's letterhead.
Retirement Funds may not be ceded or attached, as determined by the Pension Funds Act and Long Term insurance Act.