| Product Information |
 |
Solutions for Retirement provide
for both your current and future income needs and can be used throughout all life stages. They are designed to provide the following benefits:
- A reliable monthly income.
- A reasonable expectation of income growth and therefore an expectation of future monthly income.
- A reasonable expectation of your capital value after ten years.
Standard features include:
- Personalised portfolio and reporting.
- Portfolio construction utilising Marriott Unit Trust Funds.
- Online access to view investments.
- A selection of local and international investments.
- Personalised all in product fee not exceeding 1.75%.
|
|
Detailed Product Information
The Retirement Annuity is a tax efficient vehicle for individuals wanting to save for retirement or supplement their existing retirement savings. Your investment choice will produce a consistent and reliable income which is automatically reinvested tax free until it is needed at retirement. This product assists in long-term income planning for retirement.
Reliable Income:
- Automatically reinvest to accumulate capital
- Reasonable expectation of pension/annuity at retirement
- Market volatility will not affect your pension/annuity at retirement
|
Investment Choice:
The Investment Tool will assist you in constructing a portfolio that is compliant
- Managed investment portfolio (Regulation 28 compliant)
- Personalised investment choice
- Your investment choice needs to comply with Prudential Investment Guidelines (Regulation 28)
Capital Accumulation and Capital Value Growth:
- The reliable income earned by your selected investment portfolio will be reinvested tax free resulting in capital accumulation. Growth in this income will result in capital value growth
Tax-Efficient Saving for Retirement:
- Contributions to The Retirement Annuity Fund are tax deductible subject to the greater of:
- 15% of your non-retirement funding income; or
- R3,500 minus allowable pension fund contributions; or
- R1,750
- Assets are not subject to Dividend Withholdings or Capital Gains Tax
- No Income Tax on income earned and reinvested
Death:
- You may nominate beneficiaries
- Beneficiaries can elect to receive a lump sum (subject to tax legislation) or transfer the investment to an annuity
|
|
|
Flexibility:
- Your portfolio may be revised at any time as investment objectives and circumstances change
- You may invest a lump sum, have a monthly debit order or a combination of both
- Ability to top up your investment at any time
Withdrawal:
- At retirement (after the age of 55) a maximum 1/3 of your value may be drawn in cash
- On emigration – a full withdrawal is allowed, subject to tax
Transparent Cost Structure:
- No Marriott initial fee
- Personalised all in Marriott fee of between 0.8% – 1.75% (excl VAT) determined by your portfolio choice
- Please refer to technical information for Financial Advisor fees
Efficient Administration:
- Consolidated quarterly reporting
- Up-to-date information available on the website
- Communication Centre for personalised service
- Web based Secure Services for viewing of personal investment information
|
Technical Information
|
| Initial Solution Fee |
0% |
| Annual Solution Fee |
Maximum 1.75%
Personalised fee determined by portfolio choice |
| Initial Advisor Fee |
Maximum 3.0% |
| Annual Advisor Fee |
0%, 0.25% or 0.5%
(Paid from Distributions) |
| Intermediary Admin Fee |
0.25%
(Paid from Annual Management Fee) |
| Minimum Lump Sum |
R20,000 |
| Minimum Additional Investment |
R5,000 |
| Minimum Debit Order |
R300 |
| Distribution Declared |
Monthly or Quarterly |
| Date Payable |
No income paid. Distribution reinvested |
| Quarter End Statements |
February, May, August and November |
|
| Product Information |
|
Solutions for Retirement provide
for both your current and future income needs and can be used throughout all life stages. They are designed to provide the following benefits:
- A reliable monthly income.
- A reasonable expectation of income growth and therefore an expectation of future monthly income.
- A reasonable expectation of your capital value after ten years.
Standard features include:
- Personalised portfolio and reporting.
- Portfolio construction utilising Marriott Unit Trust Funds.
- Online access to view investments.
- A selection of local and international investments.
- Personalised all in product fee not exceeding 1.75%.
|
|
Detailed Product Information
The Retirement Annuity is a tax efficient vehicle for individuals wanting to save for retirement or supplement their existing retirement savings. Your investment choice will produce a consistent and reliable income which is automatically reinvested tax free until it is needed at retirement. This product assists in long-term income planning for retirement.
Reliable Income:
- Automatically reinvest to accumulate capital
- Reasonable expectation of pension/annuity at retirement
- Market volatility will not affect your pension/annuity at retirement
|
Investment Choice:
The Investment Tool will assist you in constructing a portfolio that is compliant
- Managed investment portfolio (Regulation 28 compliant)
- Personalised investment choice
- Your investment choice needs to comply with Prudential Investment Guidelines (Regulation 28)
Capital Accumulation and Capital Value Growth:
- The reliable income earned by your selected investment portfolio will be reinvested tax free resulting in capital accumulation. Growth in this income will result in capital value growth
Tax-Efficient Saving for Retirement:
- Contributions to The Retirement Annuity Fund are tax deductible subject to the greater of:
- 15% of your non-retirement funding income; or
- R3,500 minus allowable pension fund contributions; or
- R1,750
- Assets are not subject to Dividend Withholdings or Capital Gains Tax
- No Income Tax on income earned and reinvested
Death:
- You may nominate beneficiaries
- Beneficiaries can elect to receive a lump sum (subject to tax legislation) or transfer the investment to an annuity
|
|
|
Flexibility:
- Your portfolio may be revised at any time as investment objectives and circumstances change
- You may invest a lump sum, have a monthly debit order or a combination of both
- Ability to top up your investment at any time
Withdrawal:
- At retirement (after the age of 55) a maximum 1/3 of your value may be drawn in cash
- On emigration – a full withdrawal is allowed, subject to tax
Transparent Cost Structure:
- No Marriott initial fee
- Personalised all in Marriott fee of between 0.8% – 1.75% (excl VAT) determined by your portfolio choice
- Please refer to technical information for Financial Advisor fees
Efficient Administration:
- Consolidated quarterly reporting
- Up-to-date information available on the website
- Communication Centre for personalised service
- Web based Secure Services for viewing of personal investment information
|
Technical Information
|
| Initial Solution Fee |
0% |
| Annual Solution Fee |
Maximum 1.75%
Personalised fee determined by portfolio choice |
| Initial Advisor Fee |
Maximum 3.0% |
| Annual Advisor Fee |
0%, 0.25% or 0.5%
(Paid from Distributions) |
| Intermediary Admin Fee |
0.25%
(Paid from Annual Management Fee) |
| Minimum Lump Sum |
R20,000 |
| Minimum Additional Investment |
R5,000 |
| Minimum Debit Order |
R300 |
| Distribution Declared |
Monthly or Quarterly |
| Date Payable |
No income paid. Distribution reinvested |
| Quarter End Statements |
February, May, August and November |
|
| Product Information |
|
Solutions for Retirement provide
for both your current and future income needs and can be used throughout all life stages. They are designed to provide the following benefits:
- A reliable monthly income.
- A reasonable expectation of income growth and therefore an expectation of future monthly income.
- A reasonable expectation of your capital value after ten years.
Standard features include:
- Personalised portfolio and reporting.
- Portfolio construction utilising Marriott Unit Trust Funds.
- Online access to view investments.
- A selection of local and international investments.
- Personalised all in product fee not exceeding 1.75%.
Detailed Product Information
The Income Preservation Pension and The Income Preservation Provident Funds are used to preserve retirement savings when changing employment or at retrenchment in a tax efficient manner. Your investment choice will produce a consistent and reliable income which is automatically reinvested tax free until it is needed at retirement. This product assists in long–term income planning for retirement.
Reliable Income:
- Automatically reinvest to accumulate capital
- Reasonable expectation of pension/annuity at retirement
- Market volatility will not affect your pension/annuity at retirement
|
Investment Choice:
- Managed investment portfolio (Regulation 28 compliant)
- Personalised investment choice
- Your investment choice needs to comply with Prudential Investment Guidelines (Regulation 28)
Preserve Retirement Savings
- Preserve Retirement savings when you change your employment
- Choice of a Preservation Provident or Preservation Pension depending on source of funds
Capital Accumulation and Capital Value Growth:
- The reliable income earned by your selected investment portfolio will be reinvested tax free resulting in capital accumulation. Growth in this income will result in capital value growth
Tax:
- The transfer from your Pension or Provident fund to the Preservation Fund is tax free
- The tax deductions previously granted on contributions are preserved
- Assets are not subject to Dividend Withholdings or Capital Gains Tax
- No Income Tax on income earned and reinvested
- All withdrawals are subject to tax
|
|
|
Death:
- You may nominate beneficiaries
- Beneficiaries can elect to receive a lump sum (net of tax) or transfer the investment to an annuity
Flexibility:
- Your portfolio may be revised at any time as investment objectives and circumstances change
Withdrawal:
- Prior to retirement, one withdrawal , which will be taxed at your average rate is permitted
- Retirement (after the age of 55)
- Preservation Pension Fund: maximum 1/3 of your value may be drawn in cash
- Preservation Provident Fund: Your total value may be drawn in cash
Transparent Cost Structure:
- No Marriott initial fee
- Personalised all in Marriott fee of between 0.8% – 1.75% (excl VAT) determined by your portfolio choice
- Please refer to technical information for Financial Advisor fees
Efficient Administration:
- Consolidated quarterly reporting
- Up–to–date information available on the website
- Communication Centre for personalised service
- Web based Secure Services for viewing of investment information
|
|
|
Technical Information
|
| Initial Solution Fee |
0% |
| Annual Solution Fee |
Maximum 1.75%
Personalised fee determined by portfolio choice |
| Initial Advisor Fee |
Maximum 3.0% |
| Annual Advisor Fee |
0%, 0.25% or 0.5%
(Paid from Distributions) |
| Intermediary Admin Fee |
0.25%
(Paid from Annual Management Fee) |
| Minimum Lump Sum |
R50,000 |
| Minimum Additional Investment |
n/a |
| Minimum Debit Order |
n/a |
| Distribution Declared |
Monthly or Quarterly |
| Date Payable |
No income paid. Distribution reinvested |
| Quarter End Statements |
February, May, August and November |
|
| Product Information |
|
Solutions for Retirement provide
for both your current and future income needs and can be used throughout all life stages. They are designed to provide the following benefits:
- A reliable monthly income.
- A reasonable expectation of income growth and therefore an expectation of future monthly income.
- A reasonable expectation of your capital value after ten years.
Standard features include:
- Personalised portfolio and reporting.
- Portfolio construction utilising Marriott Unit Trust Funds.
- Online access to view investments.
- A selection of local and international investments.
- Personalised all in product fee not exceeding 1.75%.
Detailed Product Information
The Income Preservation Pension and The Income Preservation Provident Funds are used to preserve retirement savings when changing employment or at retrenchment in a tax efficient manner. Your investment choice will produce a consistent and reliable income which is automatically reinvested tax free until it is needed at retirement. This product assists in long–term income planning for retirement.
Reliable Income:
- Automatically reinvest to accumulate capital
- Reasonable expectation of pension/annuity at retirement
- Market volatility will not affect your pension/annuity at retirement
|
Investment Choice:
- Managed investment portfolio (Regulation 28 compliant)
- Personalised investment choice
- Your investment choice needs to comply with Prudential Investment Guidelines (Regulation 28)
Preserve Retirement Savings
- Preserve Retirement savings when you change your employment
- Choice of a Preservation Provident or Preservation Pension depending on source of funds
Capital Accumulation and Capital Value Growth:
- The reliable income earned by your selected investment portfolio will be reinvested tax free resulting in capital accumulation. Growth in this income will result in capital value growth
Tax:
- The transfer from your Pension or Provident fund to the Preservation Fund is tax free
- The tax deductions previously granted on contributions are preserved
- Assets are not subject to Dividend Withholdings or Capital Gains Tax
- No Income Tax on income earned and reinvested
- All withdrawals are subject to tax
|
|
|
Death:
- You may nominate beneficiaries
- Beneficiaries can elect to receive a lump sum (net of tax) or transfer the investment to an annuity
Flexibility:
- Your portfolio may be revised at any time as investment objectives and circumstances change
Withdrawal:
- Prior to retirement, one withdrawal , which will be taxed at your average rate is permitted
- Retirement (after the age of 55)
- Preservation Pension Fund: maximum 1/3 of your value may be drawn in cash
- Preservation Provident Fund: Your total value may be drawn in cash
Transparent Cost Structure:
- No Marriott initial fee
- Personalised all in Marriott fee of between 0.8% – 1.75% (excl VAT) determined by your portfolio choice
- Please refer to technical information for Financial Advisor fees
Efficient Administration:
- Consolidated quarterly reporting
- Up–to–date information available on the website
- Communication Centre for personalised service
- Web based Secure Services for viewing of investment information
|
|
|
Technical Information
|
| Initial Solution Fee |
0% |
| Annual Solution Fee |
Maximum 1.75%
Personalised fee determined by portfolio choice |
| Initial Advisor Fee |
Maximum 3.0% |
| Annual Advisor Fee |
0%, 0.25% or 0.5%
(Paid from Distributions) |
| Intermediary Admin Fee |
0.25%
(Paid from Annual Management Fee) |
| Minimum Lump Sum |
R50,000 |
| Minimum Additional Investment |
n/a |
| Minimum Debit Order |
n/a |
| Distribution Declared |
Monthly or Quarterly |
| Date Payable |
No income paid. Distribution reinvested |
| Quarter End Statements |
February, May, August and November |
|
| Product Information |
 |
Solutions for Retirement provide for both your current and future income needs and can be used throughout all life stages. They are designed to provide the following benefits:
- A reliable monthly income.
- A reasonable expectation of income growth and therefore an expectation of future monthly income.
- A reasonable expectation of your capital value after ten years.
Standard features include:
- Personalised portfolio and reporting.
- Portfolio construction utilising Marriott Unit Trust Funds.
- Online access to view investments.
- A selection of local and international investments.
- Personalised all in product fee not exceeding 1.75%.
Detailed Product Information
The Personal Portfolio is designed to accumulate capital and grow the value of your capital. This product assists in long-term income planning for retirement. Your Investment choice will produce a consistent and reliable monthly income which is automatically reinvested until it is needed.
Investment Choice
- You may construct a personalised investment portfolio using a combination of Marriott unit trusts or you may select the managed investment portfolio. The Investment Tool will assist you in constructing your portfolio of choice
|
|
|
Capital Accumulation and Capital Value Growth:
- Providing capital value growth from income growth
- Providing capital accumulation from income reinvested
- Providing a reasonable expectation of future monthly income
- Providing a reasonable expectation of future capital value
Tax and Death:
- Investment forms part of your estate
- Income tax paid on income earned
- Capital Gains Tax (CGT) paid on capital gains
- Tax certificate sent annually
Flexibility:
- Your portfolio may be revised at any time as investment objectives and circumstances change
- Ability to switch between funds at no cost
- Ability to top up or withdraw from investment at any time
Transparent Cost Structure:
- No product initial charge
- Maximum annual product fee of 1.75% (excl VAT)
- Personalised fee determined by portfolio choice
- Please refer to technical information for Financial Advisor fees
Efficient Administration:
- Consolidated quarterly reporting
- Up to date information available on the website
- Communication centre for personalised service
- Web based secure services for viewing of investment information
|
|
|
Technical Information
|
| Initial Solution Fee |
0% |
| Annual Solution Fee |
Maximum 1.75%
Personalised fee determined by portfolio choice |
| Initial Advisor Fee |
Maximum 3.0% |
| Annual Advisor Fee |
0%, 0.25% or 0.5%
(Paid from Distributions) |
| Intermediary Admin Fee |
0.25%
(Paid from Annual Management Fee) |
| Minimum Lump Sum |
R50,000 |
| Minimum Additional Investment |
R10,000 |
| Minimum Debit Order |
R300 |
| Distribution Declared |
Monthly or Quarterly |
| Date Payable |
Quarterly |
| Quarter End Statements |
February, May, August and November |
|
| Product Information |
|
Solutions for Retirement provide for both your current and future income needs and can be used throughout all life stages. They are designed to provide the following benefits:
- A reliable monthly income.
- A reasonable expectation of income growth and therefore an expectation of future monthly income.
- A reasonable expectation of your capital value after ten years.
Standard features include:
- Personalised portfolio and reporting.
- Portfolio construction utilising Marriott Unit Trust Funds.
- Online access to view investments.
- A selection of local and international investments.
- Personalised all in product fee not exceeding 1.75%.
Detailed Product Information
The Personal Portfolio is designed to accumulate capital and grow the value of your capital. This product assists in long-term income planning for retirement. Your Investment choice will produce a consistent and reliable monthly income which is automatically reinvested until it is needed.
Investment Choice
- You may construct a personalised investment portfolio using a combination of Marriott unit trusts or you may select the managed investment portfolio. The Investment Tool will assist you in constructing your portfolio of choice
|
|
|
Capital Accumulation and Capital Value Growth:
- Providing capital value growth from income growth
- Providing capital accumulation from income reinvested
- Providing a reasonable expectation of future monthly income
- Providing a reasonable expectation of future capital value
Tax and Death:
- Investment forms part of your estate
- Income tax paid on income earned
- Capital Gains Tax (CGT) paid on capital gains
- Tax certificate sent annually
Flexibility:
- Your portfolio may be revised at any time as investment objectives and circumstances change
- Ability to switch between funds at no cost
- Ability to top up or withdraw from investment at any time
Transparent Cost Structure:
- No product initial charge
- Maximum annual product fee of 1.75% (excl VAT)
- Personalised fee determined by portfolio choice
- Please refer to technical information for Financial Advisor fees
Efficient Administration:
- Consolidated quarterly reporting
- Up to date information available on the website
- Communication centre for personalised service
- Web based secure services for viewing of investment information
|
|
|
Technical Information
|
| Initial Solution Fee |
0% |
| Annual Solution Fee |
Maximum 1.75%
Personalised fee determined by portfolio choice |
| Initial Advisor Fee |
Maximum 3.0% |
| Annual Advisor Fee |
0%, 0.25% or 0.5%
(Paid from Distributions) |
| Intermediary Admin Fee |
0.25%
(Paid from Annual Management Fee) |
| Minimum Lump Sum |
R50,000 |
| Minimum Additional Investment |
R10,000 |
| Minimum Debit Order |
R300 |
| Distribution Declared |
Monthly or Quarterly |
| Date Payable |
Quarterly |
| Quarter End Statements |
February, May, August and November |
|
| Product Information |
|
Solutions for Retirement provide for both your current and future income needs and can be used throughout all life stages. They are designed to provide the following benefits:
- A reliable monthly income.
- A reasonable expectation of income growth and therefore an expectation of future monthly income.
- A reasonable expectation of your capital value after ten years.
Standard features include:
- Personalised portfolio and reporting.
- Portfolio construction utilising Marriott Unit Trust Funds.
- Online access to view investments.
- A selection of local and international investments.
- Personalised all in product fee not exceeding 1.75%.
Detailed Information
The Perpetual Annuity is an investment linked life annuity that provides a consistent and reliable monthly annuity. You may choose one or a combination of Marriott’s three managed funds to achieve a desired level of annuity and expected level of annuity growth. This assists in long-term income planning in retirement.
Reliable Monthly Annuity
- Provides a consistent and reliable annuity from retirement savings (Current legislation restricts you to drawing between 2.5% – 17.5% per annum)
- Enables you to meet your current needs while effectively planning for future income
- Facilitates long-term income planning for the duration of retirement with a high degree of certainty
- Monthly annuity may be revised annually upon anniversary
|
|
|
Investment Choice
- A combination of Marriott’s three managed funds
- The Funds are actively managed and the asset allocation is adjusted in line with changing fundamentals, to provide reliable and consistent income with long term capital growth
Capital Preservation and Capital Value Growth:
- Match monthly annuity drawn to monthly income earned. This ensures the capital base is not eroded
- Units (capital) are not sold to provide the monthly annuity
- While the value of the capital may fluctuate, the ability of the capital to produce the income will be preserved
- Growth in income from the underlying investments will grow the capital value over time
- Capital may be grown, preserved or drawn down depending on the investors needs
Tax and Death:
- You may nominate beneficiaries
- Tax will be deducted from the annuity payments in accordance with prevailing income tax legislation
- Tax certificate sent annually
Flexibility:
- Your portfolio may be revised at any time
- Monthly annuity may be revised annually upon anniversary
|
|
|
Transparent Cost Structure:
- No Marriott initial fee
- Personalised all in Marriott fee not exceeding 1.75% (excl VAT)
- Please refer to technical information for Financial Advisor fees
Efficient Administration:
- Consolidated quarterly reporting
- Up-to-date information available on the website
- Communication centre for personalised service
- Web based Secure Services for viewing of personal investment information
|
|
|
Technical Information
|
| Initial Solution Fee |
0% |
| Annual Solution Fee |
Maximum 1.75%
Please view updated underlying fund total expense ratio’s on the Marriott website. |
| Initial Advisor Fee |
Maximum 1.5% |
| Annual Advisor Fee |
0%, 0.25% or 0.5%
(Paid from Repurchase of Units) |
| Intermediary Admin Fee |
0.25%
(Paid from Annual Management Fee) |
| Minimum Lump Sum |
R50,000 |
| Minimum Additional Investment |
R20,000 |
| Minimum Debit Order |
n/a |
| Distribution Declared |
Monthly |
| Date Payable |
1 to 2 working days after declaration |
| Quarter End Statements |
February, May, August and November |
|
| Product Information |
|
Solutions for Retirement provide for both your current and future income needs and can be used throughout all life stages. They are designed to provide the following benefits:
- A reliable monthly income.
- A reasonable expectation of income growth and therefore an expectation of future monthly income.
- A reasonable expectation of your capital value after ten years.
Standard features include:
- Personalised portfolio and reporting.
- Portfolio construction utilising Marriott Unit Trust Funds.
- Online access to view investments.
- A selection of local and international investments.
- Personalised all in product fee not exceeding 1.75%.
Detailed Information
The Perpetual Annuity is an investment linked life annuity that provides a consistent and reliable monthly annuity. You may choose one or a combination of Marriott’s three managed funds to achieve a desired level of annuity and expected level of annuity growth. This assists in long-term income planning in retirement.
Reliable Monthly Annuity
- Provides a consistent and reliable annuity from retirement savings (Current legislation restricts you to drawing between 2.5% – 17.5% per annum)
- Enables you to meet your current needs while effectively planning for future income
- Facilitates long-term income planning for the duration of retirement with a high degree of certainty
- Monthly annuity may be revised annually upon anniversary
|
|
|
Investment Choice
- A combination of Marriott’s three managed funds
- The Funds are actively managed and the asset allocation is adjusted in line with changing fundamentals, to provide reliable and consistent income with long term capital growth
Capital Preservation and Capital Value Growth:
- Match monthly annuity drawn to monthly income earned. This ensures the capital base is not eroded
- Units (capital) are not sold to provide the monthly annuity
- While the value of the capital may fluctuate, the ability of the capital to produce the income will be preserved
- Growth in income from the underlying investments will grow the capital value over time
- Capital may be grown, preserved or drawn down depending on the investors needs
Tax and Death:
- You may nominate beneficiaries
- Tax will be deducted from the annuity payments in accordance with prevailing income tax legislation
- Tax certificate sent annually
Flexibility:
- Your portfolio may be revised at any time
- Monthly annuity may be revised annually upon anniversary
|
|
|
Transparent Cost Structure:
- No Marriott initial fee
- Personalised all in Marriott fee not exceeding 1.75% (excl VAT)
- Please refer to technical information for Financial Advisor fees
Efficient Administration:
- Consolidated quarterly reporting
- Up-to-date information available on the website
- Communication centre for personalised service
- Web based Secure Services for viewing of personal investment information
|
|
|
Technical Information
|
| Initial Solution Fee |
0% |
| Annual Solution Fee |
Maximum 1.75%
Please view updated underlying fund total expense ratio’s on the Marriott website. |
| Initial Advisor Fee |
Maximum 1.5% |
| Annual Advisor Fee |
0%, 0.25% or 0.5%
(Paid from Repurchase of Units) |
| Intermediary Admin Fee |
0.25%
(Paid from Annual Management Fee) |
| Minimum Lump Sum |
R50,000 |
| Minimum Additional Investment |
R20,000 |
| Minimum Debit Order |
n/a |
| Distribution Declared |
Monthly |
| Date Payable |
1 to 2 working days after declaration |
| Quarter End Statements |
February, May, August and November |
|
| Product Information |
|
Solutions for Retirement provide for both your current and future income needs and can be used throughout all life stages. They are designed to provide the following benefits:
- A reliable monthly income.
- A reasonable expectation of income growth and therefore an expectation of future monthly income.
- A reasonable expectation of your capital value after ten years.
Standard features include:
- Personalised portfolio and reporting.
- Portfolio construction utilising Marriott Unit Trust Funds.
- Online access to view investments.
- A selection of local and international investments.
- Personalised all in product fee not exceeding 1.75%.
Detailed Product Information
The Income Solution provides a consistent and reliable monthly income. You may choose one or a combination of Marriott’s three managed funds to achieve a desired level of income and an expected level of income growth. This assists in long-term income planning.
Reliable Monthly Income
- Provides a consistent and reliable income from personal savings
- Enables you to meet your current income needs while effectively planning for future income
- Facilitates long term income planning with a high degree of certainty
- Monthly income may be revised at any time
|
|
|
Capital Preservation and Capital Value Growth:
- Units (capital) are not sold to provide the monthly income
- Matching monthly income drawn to monthly income earned ensures the capital base is not eroded
- While the value of the capital may fluctuate, the ability of the capital to produce the income will be preserved
- Growth in income from the underlying investments will grow the capital value over time
- Capital may be grown, preserved or drawn down depending on the investors needs
Tax and Death:
- The investment forms part of your estate
- Income tax is paid on income earned
- Withdrawls, switches and a change of investments will trigger a Capital Gains Tax (CGT) event
- Tax certificate sent annually
Flexibility:
- Monthly income may be revised at any time
- Ability to add or withdraw capital at any time
Transparent Cost Structure:
- No product initial charge
- Maximum annual product fee of 1.75% (excl VAT)
- Please refer to technical information for Financial Advisor fees
Efficient Administration: - Consolidated quarterly reporting
- Up to date information available on the website
- Communication centre for personalised service
- Web based secure services for viewing of investment information
|
|
|
Technical Information
|
| Initial Solution Fee |
0% |
| Annual Solution Fee |
Maximum 1.75%
Please view updated underlying fund total expense ratio’s on the Marriott website. |
| Initial Advisor Fee |
Maximum 3.0% |
| Annual Advisor Fee |
0%, 0.25% or 0.5%
(Paid from Distribution) |
| Intermediary Admin Fee |
0.25%
(Paid from Annual Management Fee) |
| Minimum Lump Sum |
R100,000 |
| Minimum Additional Investment |
R10,000 |
| Minimum Debit Order |
n/a |
| Distribution Declared |
Monthly |
| Date Payable |
1 to 2 working days after declaration |
| Quarter End Statements |
February, May, August and November |
|
| Product Information |
|
Solutions for Retirement provide for both your current and future income needs and can be used throughout all life stages. They are designed to provide the following benefits:
- A reliable monthly income.
- A reasonable expectation of income growth and therefore an expectation of future monthly income.
- A reasonable expectation of your capital value after ten years.
Standard features include:
- Personalised portfolio and reporting.
- Portfolio construction utilising Marriott Unit Trust Funds.
- Online access to view investments.
- A selection of local and international investments.
- Personalised all in product fee not exceeding 1.75%.
Detailed Product Information
The Income Solution provides a consistent and reliable monthly income. You may choose one or a combination of Marriott’s three managed funds to achieve a desired level of income and an expected level of income growth. This assists in long-term income planning.
Reliable Monthly Income
- Provides a consistent and reliable income from personal savings
- Enables you to meet your current income needs while effectively planning for future income
- Facilitates long term income planning with a high degree of certainty
- Monthly income may be revised at any time
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Capital Preservation and Capital Value Growth:
- Units (capital) are not sold to provide the monthly income
- Matching monthly income drawn to monthly income earned ensures the capital base is not eroded
- While the value of the capital may fluctuate, the ability of the capital to produce the income will be preserved
- Growth in income from the underlying investments will grow the capital value over time
- Capital may be grown, preserved or drawn down depending on the investors needs
Tax and Death:
- The investment forms part of your estate
- Income tax is paid on income earned
- Withdrawls, switches and a change of investments will trigger a Capital Gains Tax (CGT) event
- Tax certificate sent annually
Flexibility:
- Monthly income may be revised at any time
- Ability to add or withdraw capital at any time
Transparent Cost Structure:
- No product initial charge
- Maximum annual product fee of 1.75% (excl VAT)
- Please refer to technical information for Financial Advisor fees
Efficient Administration: - Consolidated quarterly reporting
- Up to date information available on the website
- Communication centre for personalised service
- Web based secure services for viewing of investment information
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Technical Information
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| Initial Solution Fee |
0% |
| Annual Solution Fee |
Maximum 1.75%
Please view updated underlying fund total expense ratio’s on the Marriott website. |
| Initial Advisor Fee |
Maximum 3.0% |
| Annual Advisor Fee |
0%, 0.25% or 0.5%
(Paid from Distribution) |
| Intermediary Admin Fee |
0.25%
(Paid from Annual Management Fee) |
| Minimum Lump Sum |
R100,000 |
| Minimum Additional Investment |
R10,000 |
| Minimum Debit Order |
n/a |
| Distribution Declared |
Monthly |
| Date Payable |
1 to 2 working days after declaration |
| Quarter End Statements |
February, May, August and November |
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