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