Unit trust prices are available daily on our prices page. A schedule of fees, charges and maximum commissions is available on request from the Management Company.
The annual management fees charged by both Allan Gray and Orbis if applicable are included in the Total investment charge. The TER includes the annual management fees that have been charged both the fee at benchmark and any performance component charged , VAT and other expenses like audit and trustee fees. Transaction costs are a necessary cost in administering the financial product and impacts financial product returns.
They should not be considered in isolation as returns may be impacted by many other factors over time including market returns, the type of financial product, the investment decisions of the investment manager and the TER. Since Fund returns are quoted after the deduction of these expenses, the TER and transaction costs should not be deducted again from published returns. The sum of the TER and transaction costs is shown as the total investment charge. You can obtain additional information about your proposed investment from Allan Gray free of charge.
Simply email info allangray. By Thandi Ngwane on 30 Sep There are different types of investment risks, some more obvious than others. One risk that people often forget about is the risk that their invested money By Jeanette Marais on 01 Aug Our investment goals depend on our personal priorities in life and there is no generic set of goals that applies to everyone, and no set timeline for achievi The financial services, products or investments referred to on this website are not available to persons resident in jurisdictions where their availability or distribution would contravene local laws or regulations and the information on this website is not intended for use by these persons.
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Our values Our people Our track record Putting clients' interests first Our investment approach Our global expertise Making a difference Our ownership. Portfolio managers Thalia Petousis. You can also set out guidelines for a future trustee. For example, if you fear you might become physically or mentally incapacitated, you could manage your own assets but have a trustee in the wings to step in if needed. One reason to consider a trust fund is if you have a child with special needs.
You can help ensure he receives detailed care through a trust, even if you were to pass away unexpectedly. You can designate the special needs trust as the beneficiary of your life insurance policy, and not the dependent directly. This has a few advantages.
First, if your dependent isn't capable of managing the money, it puts someone else in charge. Plus, making the trust the beneficiary might help you stay eligible for as many government resources as possible. These types of trust funds could potentially shield money from taxes while passing down money to a charity you care about. When your investments produce income, the charity would pay you or another beneficiary those proceeds. This would keep going on for a certain period of time, often for the life of the grantor.
Testamentary—like last will and testament. You can actually create a testamentary trust through your will to control what happens to your assets and how your property should be inherited. If you go this route, then the probate court would examine your will after you die. This is particularly useful for blended families. This is a broad term to describe trust funds that are constructed to let the trustee withhold money to the beneficiary if he or she believes that the beneficiary would waste it or have it collected by a creditor.
Or, say, if you wanted to pass down money to someone with a substance abuse or compulsive spending problem. This type of trust fund is most relevant for the very wealthy. The idea behind this type of trust is to try to reduce how much the government values your property for estate tax purposes.
Similar to how GRITs are constructed to help reduce your tax liability, qualified personal residence trusts serve a similar purpose. Well-off people often use trusts because they can create a shield for estate taxes.
The government imposes a maximum amount that you can bequeath to someone without incurring federal gift or estate taxes. That said, there are plenty of uses for the rest of us, too. Trustee name plus any directions about replacing a trustee if he or she can no longer serve. Duties and abilities of the trustee for example, whether the trustee can buy or sell property contained in the trust or how the process works if the trustee wants to resign or transfer responsibilities to someone else.
Details on what should happen if the trustor, trustee or beneficiaries passed away or became incapacitated. Setting up a trust is complex and does cost money.
That's why many people get stalled at the "how to set up a trust fund" stage. The price will depend on where you live and the complexities of your situation. You could also consider using online preparation services such as LegalZoom or Quicken to reduce costs. While this option can be more affordable, you should still consult with a licensed attorney if you need legal advice.
A very basic trust fund can involve little more than a few pages of paperwork. A trust fund is a vehicle that contains other assets, meaning that not every trust fund is the same. You need to put assets or property into a trust fund. So, if the assets you have inside the trust fund grow for example, investments that grow over time or earn interest , then yes.
A trust account can be as simple as a bank account where the money is owned by a trust rather than an individual. Like other bank accounts, some trust accounts can also earn interest. Generally speaking, this interest is paid to the account beneficiary. Trusts can last for a long time, but the exact rules tend to vary by state.
For example, in many places the trust can't keep going more than 21 years after the death of a potential beneficiary who was alive when the trust was set up. You can set your browser to block or alert you about these cookies, but if you do, some parts of the site will not work. These cookies do not store any personally identifiable information.
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