Invest your retirement cash lump sum or other discretionary savings, into a combined, single investment when you need a monthly income, with access to your capital when you need it.
Choose one, or a combination, of our underlying funds to find a solution that suits your individual income and capital requirements.
Withdrawals may be made from your capital investment at anytime but are a CGT event.
The investment forms part of your estate (no beneficiary nominations).
Fees | Technical Information |
Marriott Initial Fee |
0% | ||||||||||||||||||
Advisor Initial Fee |
Max 3% | ||||||||||||||||||
Marriott Annual Management Fee
(Includes Intermediary Administration Fee) |
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Advisor Annual Fee |
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Intermediary Admin Fee |
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Please note that fees are quoted excluding VAT.
Minimums | |
Lump Sum |
R50 000 |
Additional Investment |
R10 000 |
Debit Order |
— |
Income Details | |
Payment Frequency |
Monthly |
Payment Date Options |
25th or 28th of the month: Processed as a repurchase of units. Distribution earned at the end of the month is reinvested. |
3rd working day of the month: Income is paid from income earned. Any shortfall is funded by a repurchase of units. Any excess income is reinvested. | |
Money Market Account |
The Money Market account can be used in conjunction with the other Fund Choices to facilitate the payment of monthly income if you want unit stability in your income-producing assets, and for Income Solution clients who want to avoid incurring CGT. |
Client Statements | |
Quarterly Statements |
Dated as at the end of Feb, May, Aug, Nov |
Annual Tax Statements |
IT3b and IT3c |