× Fact! Joining this forum will make you a happier person! - Register for FREE


Investec Wealth Accelerator
#1
I only just spotted this today:
https://www.investec.co.za/products-and-...rator.html

Has anyone looked into this?

From their documents:
"At the maturity date, the investor received 2 times the growth of the Index to a cap of 27.5% in US Dollars.
For example, if the Index has risen by 20% the Investor will receive a return of (2x 20%) = 40%.
However, as this investment return is measured in USD, if the Rand has depreciated by 10% from say R13.50 to R14.85, the Investor receives the geared return of 40% converted back into Rand at R14.85 for a 44% total return.
Similarly, if the Rand has appreciated by 10%, the return will be 36.00%.
This is a JSE listed instrument and as such, the Investor will receive payment of this return in Rands. "

Summary of offering
  • A 3.5-year growth investment linked to the performance of the S&P 500 Index
  • 2 times geared exposure to the growth in the Index capped at 55% in in USD
  • 100% downside protected at maturity in Rands
  • Minimum investment of R100 000
  • Daily liquidity provided on the JSE
The S&P 500 has only gained 2.2% Year to date, but if you look from 11th Feb to today it gained 14.21%. Meaning 28.42% through the Investec fund (if you were lucky enough to buy in the slump in February...). what will it look like in 3.5 years?

#2
First time that I see this.

But it looks good.

Term: 3.5 years
Minimum amount: R100k
Capital guaranteed


#3
Wow, never seen this before. Is there any downside? Perhaps if there is no growth you will only be out of pocket for the inflation loss.

#4
I hate selective dates like this. It means nothing. DIVTRX gained 14.68% from 1 Jan to today, but from 21 Jan to 20 Apr it 31.82%.... imagine what it could be in 3.5 years...
IQ Test

#5
(06-22-2016, 11:55 AM)Hamster Wrote: I hate selective dates like this. It means nothing. DIVTRX gained 14.68% from 1 Jan to today, but from 21 Jan to 20 Apr it 31.82%.... imagine what it could be in 3.5 years...

I know, I know, so do I.
I only mentioned it for perspective, if you were lucky enough to buy in the start of the upturn in February...

#6
We looked into this as a possible fund for the investment club due to the minimum buy in.
Forum Admin | Platinum Wealth
Tips
ETH 0x6c793ae7749acd19c8b4a77aa72d01cd0263f137 BTC 1GeXS8t5KtYvyMAf5hhwtdxM9Ba9EWQqMz






Users browsing this thread: 1 Guest(s)

Color Skins

Change Color:

Background Patterns:

Background Images:

Main Options: