Cadiz Property Income
Cadiz Property Income enables you to earn a regular, tax efficient, annuity income – where the payments can increase each year and potentially earn unlimited capital growth all from a property portfolio.
Who the product may be suitable for
- Any South African resident (such as a natural person,
retirement fund, trust or company) who needs an income and would
like to grow their capital.
- Individual investors who wish to take advantage of the
favourable tax treatment of Section 10A of the Income Tax Act.
- Pension funds and non-profit companies who wish to make a
tax-free investment.
- Companies, Close Corporations, and Trusts can invest but they
don't benefit from the favourable tax treatment of Section
10A.
Features
Provides investors with:
- monthly income that increases annually;
- ability to enjoy capital growth based off a growing property
portfolio
- open-ended investment with a re-investment bonus every five
years
- enjoy minimal taxation on your annuity income
Read More
Cadiz Asset Management Property Income
Brochure (pdf)
- Investor need
- Income
- Benchmark
- N/A
- Investment vehicle
- The Cadiz Property Investment Trust is the linked investment which underpins a voluntary term annuity and an endowment. Both policies are underwritten by Cadiz Life.
- Maximum exposure to growth assets (equity exposure)
- 100% exposure to Property Portfolio
- Risk rating
- Low
- Time horizon
- Medium to long term
- Asset Class(es)
- Property
- Launch date
- Monday, February 20, 2012
- ASISA classification (where relevant)
- N/A
- Income distribution / payment
- Monthly Income based off Property Portfolio
- Investment minimum
- Lump sum: R50 000
- Regulation 28
- No
- Currency availability
- South African rand
- Portfolio Manager
- Cadiz Asset Management (Pty) Limited
- Status
- Open. Closing date for applications: 4th business day of each month.
- Liquidity
- Minimum 5 year term
- Initial fee
- 0.00%
- Maximum adviser initial fee
- 0.00%
- Annual management fee
- 1.5%
- Maximum adviser ongoing fee
- 0.50%
- Performance fee
- Yes
- Total Expense Ratio (TER) total
- Not applicable
- TER date
-