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| Where I Am? | Viewer ==> Endowments vs sinking funds: Which product is better suited for your needs? | |||||||||||||
Allan Gray Unit Trust Management |
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| Allan Gray Unit Trust Management | Q3 of 2024 | 2 years ago |
In South Africa, an endowment is a long-term linked insurance policy, with at least one life assured (see Table 1), that is issued by an insurer and regulated in terms of the Long-term Insurance Act and the Insurance Act. As such, endowments are subject to certain rules and restrictions. A sinking fund has the same features and is subject to the same restrictions as an endowment but does not have a life assured.
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In 2020, PSG Wealth acquired GFA Holdings, that transaction translated into GFA Wealth folded into PSG Wealth.The first preference share ETF , Grindrod PrefTrax ETF listed on the JSE in 2012.In 1965, the first unit trust in SA , Sage Domestic Equity Fund ,was launched. |
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| Disclaimer |
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| Our unit trusts prices captured in and around the end of each month and are rounded off to the nearest full 1 cent. |