The OPN Endowment Plan is a structured savings vehicle, centred on the objective of long-term wealth creation and beneficial to investors with a marginal tax rate above 30%.
It supports disciplined investing by limiting access to capital within the first five years of your investment term. However, you are afforded unlimited flexibility to change your selection of underlying investments or to adjust your contribution amounts, as governed by policy rules.
Investors with a marginal tax rate of more than 30% are further presented with a significant tax benefit. Most taxable income (interest, net rental income and foreign dividends) is taxed at 30%, while local dividends are taxed at 20% and realised capital gains at 12%. As taxes are levied within the OPN Endowment Plan itself, all tax reporting responsibility is removed from you and the proceeds of your investment are tax free in your hands.
FEATURES AND BENEFITS
Lump sum: R10 000
Recurring: R 500 per month*
Ad hoc: R5 000
*The minimum recurring debit order amount if you are under the age of 30 is R200 per month, which should be escalated to the normal minimum of R500 per month after your 30th birthday.
FORMS AND DOCUMENTS
PPS FundsSelect the option suitable to youWe build diversified funds across managers and strategies to achieve consistent performance over time. Our experienced investment team manages the asset allocation and manager combination of each solution. You just need to select the appropriate multi-managed fund. View our PPS Funds>>
Other Funds You select from managers on our platformYou choose the appropriate combination of funds from our pre-approved list to construct the solution you want. Our online functionality allows you to manage your overall asset allocation and change the combination of funds at any time.View other Funds >
Depending on your preference, there are a few ways you are able to invest with us.
Invest via an adviser We always recommend seeking the advice of an experienced and qualified financial adviser to help you set financial goals, save sufficiently for these goals and stick to your investment plans. Should wish to find a PPS Investments accredited adviser, leave your details here and someone will contact you shortly.
Invest via an adviser
Invest NowWith the InvestNow functionality, you're able to place new investments, top up existing investments, switch or make withdrawals. And in-app notifications keep you updated on the progress of your transactions. A nifty retirement calculator and access to key documents like tax certificates are added benefits. Click here to use this functionality.
Printing and completing an application form You're also welcome to print and complete an application form and send it to our Validations Team at email@example.com. For any further support, contact our dedicated client service teams are available between 8:00 and 17:00, Mondays to Fridays at 0860 468 777 or firstname.lastname@example.org to assist you with your transaction.