loading...

SETUP

 

Tax Free Plan

Contribute up to R33 000 in a tax year. All growth in your plan is tax free.

Are you investing on behalf of a minor?

Are you the parent or legal guardian of the minor?


Do you already own any of these products?

  • Old Mutual Invest Tax Free Investment
  • Old Mutual Wealth Tax Free Investment
ONLY ONE TAX FREE PLAN IS ALLOWED PER PERSON.
This is so that we can efficiently monitor your contributions to ensure that you do not exceed the annual (or lifetime) allowance.
You've decided to buy an additional FLEXIBLE PLAN

Choose how you'd like to invest in your Tax Free Plan
You can make regular payments, a lump sum payment, or a combination of both

The maximum amount you can invest in a tax year in your Tax Free Plan is R

Would you like to invest the difference of R into a Flexible Plan?

The maximum amount you can invest in a tax year in your Tax Free Plan is R

Would you like to invest the difference of R and R lump sum in a Flexible Plan?

loading...
Please choose a fund
500

The maximum amount you can invest in a tax year in your Tax Free Plan is R

With the contributions already made, the maximum amount you can invest in your Tax Free Plan is R.

Would you like to invest the difference of R into a Flexible Plan?

Please choose a fund
1000

ADVANCED FUND PICKER

Certain information in the fund fact sheets is not applicable when these funds are accessed using the Tax Free Plan. This includes minimum investment limits, initial administration charges, initial adviser fees and exit fees.

LOW RISK GROWTH

UNDERLYING FUND EXPECTED PERFORMANCE PAST PERFORMANCE
1yr 3yr 5yr
RISK
1=Lowest 5=Highest
RECOMMENDED TERM ASSET MANAGEMENT FEE p.a. % FACT SHEET
Enhanced Income
8.51
7.11
6.47
1 1 - 2 Yrs 0.46
Cash
7.73
6.69
6.01
1 0 - 1 Yr 0.29
Enhanced Income
7.63
7.30
8.44
2 1 - 2 Yrs 0.91
CPI + 2% - 3%
5.56
6.97
8.86
2 2 - 3 Yrs 1.08
Enhanced Income
N/A
N/A
N/A
N/A 1 - 2 Yrs 0.00

MEDIUM RISK GROWTH

UNDERLYING FUND EXPECTED PERFORMANCE** PAST PERFORMANCE*
1 yr%3 yr%5 yr%
RISK
1=lowest
5=highest
RECOMMENDED
TERM
ASSET MANAGEMENT
FEE p.a. %
FACT SHEET
CPI + 3% - 4%
1.78
6.69
9.30
3 3 - 5 Yrs 1.14
CPI + 4% - 5%
3.95
6.92
10.78
3 5 - 7 Yrs 1.08
CPI + 4% - 5%
3.10
6.26
9.00
3 5 - 7 Yrs 1.14
CPI + 4% - 5%
2.85
14.52
14.94
4 5 - 7 Yrs 0.97
CPI + 4% - 5%
4.07
N/A
N/A
3 5 - 7 Yrs 0.40
CPI + 3% - 4%
4.16
N/A
N/A
3 3 - 5 Yrs 1.08

HIGH RISK GROWTH

UNDERLYING FUND EXPECTED PERFORMANCE** PAST PERFORMANCE*
1 yr%3 yr%5 yr%
RISK
1=lowest
5=highest
RECOMMENDED
TERM
ASSET MANAGEMENT
FEE p.a %
FACT SHEET
Maximum Returns Available
0.46
6.43
11.31
4 10 Yrs 1.25
CPI + 5% - 7%
3.20
8.05
12.07
4 7 - 10 Yrs 1.08
Maximum Returns Available
0.57
14.75
25.17
4 10 Yrs 1.54
Maximum Returns Available
-1.04
10.51
N/A
4 10 Yrs 0.51
Maximum Returns Available
4.63
1.13
6.75
4 10 Yrs 0.97
Maximum Returns Available
10.60
3.09
9.19
4 10 Yrs 0.57
Maximum Returns Available
-1.39
N/A
N/A
4 10 Yrs 0.20
Maximum Returns Available
-3.07
4.33
10.55
4 10 Yrs 1.14
ADD SELECTED FUND

11 1 March - 28 February

R0
R5 500
R33 000
Your regular payment amount will reduce next year

To ensure that you do not exceed the annual tax free allowance, we will reduce your regular payment in the next tax year.

Your contributions

You can invest a maximum of R33 000 in a tax year.

The jar shows you how much you will be contributing in a tax year based on the payments you have selected. It also shows you how much you can still contribute.

Your contributions

You can invest a maximum of R33 000 in a tax year.

The jars show you how much you will be contributing in a tax year based on the payments you have selected. It also shows you how much you can still contribute.

YOUR CONTRIBUTIONS

THIS TAX YEAR
(11 monthly payments left)
1 MARCH 2017 - 28 FEBRUARY 2018
LUMP SUM PAYMENT: REGULAR MONTHLY PAYMENT: REGULAR YEARLY PAYMENT:
R33 000
STILL ALLOWED
EXPECTED PAYMENTS
NEXT TAX YEAR
(11 monthly payments left)
LUMP SUM PAYMENT: REGULAR MONTHLY PAYMENT: REGULAR YEARLY PAYMENT:
R33 000*
STILL ALLOWED
EXPECTED PAYMENTS
* Next year’s tax free limit is subject to change by Government

CHARGES:

  • No advice fees are applicable when you invest online.
Detailed charges breakdown 
loading...

The Old Mutual Invest Tax Free Plan adapts to your needs
 
  • Take advantage of the tax-free allowance provided by the Government and invest a maximum of R33 000 per tax year and R500 000 in your lifetime into your Tax Free Plan.

    Even though there are limits as to how much you can invest, there are no limits on the growth of your investment.
What is the role of the parent/legal guardian in the investment?
 
  • As the parent/legal guardian, you do not own the Plan, the minor does. It will therefore not reflect as part of your portfolio.
  • You will be able to make changes to the Plan until the minor reaches the age of 18.
Only one Tax Free Plan is allowed per person.
 
  • This application will not be processed if you already have an Old Mutual Invest Tax Free Plan or an Old Mutual Wealth Tax Free Investment.
The advantages of a long-term insurance policy
 

Your Old Mutual Invest Tax Free Plan is a long-term insurance policy that is governed by long-term insurance and tax legislation. This means:

  • You can add beneficiaries to your plan, saving on executor fees.
  • Your savings have some protection in case of your insolvency.