GLACIER OFFSHORE INVESTMENT PLAN
The Glacier Offshore Investment Plan is a flexible, discretionary savings vehicle designed to provide investors with the opportunity to invest offshore. By accessing a wide range of markets and currencies, investors can customize their investments according to their individual needs and risk tolerance.
This plan offers a comprehensive solution for those seeking to diversify their investment portfolio and take advantage of global opportunities. With the Glacier Offshore Investment Plan, investors can benefit from the expertise of experienced professionals and access a wide range of investment options.
Whether you are looking to grow your wealth, protect your assets, or plan for retirement, this plan can be tailored to suit your financial goals and aspirations. With its flexibility and adaptability, the Glacier Offshore Investment Plan is an ideal choice for those looking to take their investments to the next level and achieve long-term financial success.
Relative to other offshore investments, investors will have the benefit of:
- Guided investment choice
- Affordable investment minimums
- Simplified investment process and requirements; and
- Flexibility for additional investments and withdrawals
WHY CHOOSE GLACIER INVESTMENT PLAN
Investor type
The Glacier Offshore Investment Plan is available to individuals and entities (such as RSA companies, close corporations, partnerships and churches/schools/clubs).
Residents or citizens of the United States of America may not invest in the Glacier Offshore Investment Plan.
Minimum investment amount
The minimum investment amounts are:
- Lump sum of R100 000
- Recurring of R5 000 per month (an annual percentage increase is allowed)
- R15 000 for additional lump sum
Investing in the Glacier Offshore Investment Plan
The Glacier Offshore Investment Plan is available for lump sum and recurring discretionary savings. Investments are made in foreign currency in offshore funds.
Lump sum investments
Lump sum and ad hoc investments can be made by
- transferring funds or foreign currency which has already been externalised;
- using their own offshore allowance via foreign exchange administration services provider;
- using asset swap capacity from specified providers.
“Today people who hold cash equivalents feel comfortable. They shouldn’t.
They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value.”
WARREN BUFFETT