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The Glacier Capital Enhancer is set up in a sinking fund policy underwritten by Sanlam Life Insurance Ltd, a Licensed Financial Services Provider.
R100 000 lump sum
A minimum of five years (the first five years are known as a ‘restricted period’) if taken through the Vantage Life Plan (sinking fund policy).
During the five-year term, no withdrawals, switches or loans are allowed.
All returns earned will be taxed as capital gains at the end of the investment term, using the prevailing rates.
All fees are priced into the investment. No additional fees will be deducted separately and your full investment amount will therefore be invested.
Fees vary per product and your underlying investment. Please speak to your financial planner to make sure you pay the correct fees and that you understand which fees you pay and why.
It is important to bear in mind that any investment has some risk. We therefore recommend that you consult a financial planner who can help you find the most appropriate products for your needs and circumstances.