FIXED PERIOD SHARES

This is a long term investment at superior rates. The investment period is fixed for 60 months. Because the interest rate is fixed at inception, this investment option protects you from decreases in the interest rate over the term of the investment.

What do I need?
• A minimum investment amount of R5,000

What are the benefits?
• Interest can be paid either monthly or half-yearly
• Rates are fixed and will not decrease even when rates decline

What will this cost me?
• This product has no admin fees

Anything else I need to know?
• Terms and conditions apply for early redemption – visit one of our branches or call us for more details

How do I apply?
• Visit one of our branches
• Speak to a consultant


INDEFINITE PERIOD PAID-UP SHARES

This is an ideal investment during a rising interest rate cycle as it has a variable interest rate. Clients who want a premium return without committing themselves to a fixed interest rate can benefit from our indefinite period shares. The rate rises alongside the prevailing prime rate, and in the event of a decrease in rate, clients have the option of redeeming their investment during the relevant notice month. The minimum investment period is 15 months with three months’ notice of redemption required at any stage thereafter.

What do I need?
• A minimum investment amount of R3,000

What are the benefits?
• Interest can be paid either monthly or half-yearly
• Short loan facilities available
• Interest rate is set at a premium and varies according to prevailing rates

What will this cost me?
• This product has no admin fees

Anything else I need to know?
• Terms and conditions apply for early redemption – visit one of our branches or call us for more details

How do I apply?
• Visit one of our branches
• Speak to a consultant


SUBSCRIPTION SHARES

This is a 36 month capital building investment with a monthly subscription starting from as little as R50 per month.

What do I need?
• A minimum deposit of R50

What are the benefits?
• Interest is capitalised on an annual basis so that the effect of compound interest works in your favour
• The term can be extended, at maturity, for between 12 and 36 months at a time
• Short loan facilities available
• Interest rate is comparable to fixed deposit rates and varies according to prevailing interest rate
• Stop order and debit order facilities

What will this cost me?
• This product has no admin fees
• Early redemption fees apply

How do I apply?
• Visit one of our branches
• Speak to a consultant