Personal Portfolio

The Personal Portfolio is designed to accumulate new capital and to grow the value of your investment, allowing you to build your retirement capital whilst having flexibility for future needs. Your investment choice will produce a reliable income which is automatically reinvested until it is needed, and your capital is accessible at any time.

Investment Choice

Choose between the Marriott Balanced Fund as the default managed portfolio (Reg 28), or a limited range of Marriott Unit Trusts (no Reg 28 restrictions).

Income

Automatically reinvested to accumulate capital.

Capital

Capital is accumulated through the reinvestment of income, and from growth in this income.

Flexibility

Rebalance your portfolio at any time.

Withdrawals

Withdrawals can be made at any time, but are a CGT event.

Tax

  • Income: Dividend Withholdings Tax is deducted by Marriott from dividends earned and paid to SARS directly. Personal Income tax is applicable to the income earned from your investment.
  • Capital: Capital Gains Tax (CGT) on rebalances, switches and withdrawals.

Death

The investment forms part of your estate (no beneficiary nominations).

  • Marriott Initial Fee

0%

  • Advisor Initial Fee

Max 3% (paid from consideration received)

  • Marriott Annual Management Fee

Fund Choice

Personalised fee determined by portfolio choice.

Managed Portfolio

Balanced Fund Class A

1.75%

Balanced Fund Class C

1.25%

  • Advisor Annual Fee

(paid from distributions earned)

Fund Choice

Max 0.75%

Managed Portfolio

Balanced Fund Class A

Max 0.75%

Balanced Fund Class C

Max 1.00%

  • Intermediary Admin Fee

(paid from Marriott Annual Management Fee to Advisor)

Fund Choice

0.25%

Managed Portfolio

Balanced Fund Class A

0.25%

Balanced Fund Class C

0%

Please note that fees are quoted excluding VAT.

Minimum

Lump Sum

R50 000

Additional Investment

R10 000

Debit Order

R300

  • Income Details

Distribution

All distributions earned are reinvested.

  • Client Statements

Quarterly Statements

January, April, July and October

Annual Reporting

IT3b and IT3c

Local Investments

What do you want to do?

Minimum investment

Product

Grow your wealth but have access to it when you need it.

R500 lump sum and/or R300 debit order

Unit Trusts

Draw an income from your retirement savings.

R50,000

Living Annuity

Draw an income from your personal wealth savings.

R50,000

Income Solution

Save for retirement in a tax efficient way.

R10,000 lump sum and/or R300 debit order

Retirement Annuity

Transfer your retirement savings when changing employment.

R50,000

Preservation Fund

Offshore Investments

What do you want to do?

Minimum investment

Product

Invest in an offshore share portfolio.

£25,000

International Investment Portfolio (GBP)

Invest in a direct UK real estate Fund.

£10,000

First World Hybrid Real Estate plc (GBP)

Invest in currency accounts in £ or $.

£25,000 or $30,000

Smart International Income Portfolio

Invest in offshore unit trusts.

£1,000 or $1,000

Unit Trusts (USD and/or GBP)

Invest in global unit trusts.

R500 lump sum and/or R300 debit order

Unit Trust Feeder Funds (ZAR)

Preservation Fund

Where

Minimum investment

Product

I am transferring from a ...

R50,000

Pension Fund

I am transferring from a ...

R50,000

Provident Fund