Earn better tax-adjusted returns and grow your capital, safely

Absa’s Guaranteed Outcomes product offers both capital growth and income guarantees. Both options require a five year investment cycle and you can choose to make use of either option in isolation or as a combination.

The benefit of this investment vehicle is that it provides certainty regarding income receivable over the duration of the minimum 5 year investment period.

What is it?

The Guaranteed Outcome product is a single premium linked endowment policy providing a guaranteed maturity value after five years. It is underwritten by African Unity Life Limited (FSP No. 8447), and administered by Absa Investment Management Services (FSP No. 524), both registered financial services providers

Returns are guaranteed

Absa Bank Limited stands as the guarantor in this regard

Investment may be ceded

Outright or collateral cessions are allowed

Cooling off period

OA 30-day cooling-off period applies to this investment policy

What can it do for me?

The Guaranteed Outcome product provides you with an opportunity to grow your capital in a way that offers greater returns than normal savings accounts, thereby helping you combat the impact of inflation on your future earnings.

Provide a tax advantage

Proceeds from this policy are received free of income and capital gains tax

Allow access to funds

You can access your capital through a single full or partial surrender

Secure estate planning

The amount payable upon death will not be less than the amount invested

What does it cost?

Minimal fees apply to the Guaranteed Outcomes investment vehicle. In addition to the below information we encourage you to refer to the Absa Guaranteed Investment Plan for Individuals and Trusts application form for details relating to documentation required, product account details, timing standards and product terms and conditions.

Minimum investment

Minimum Lump sum investment over a minimum of 5 years R 150 000
Fees and charges

Subject to a commission fee of up to 3% plus VAT
Tax implications

In terms of current tax legislation, proceeds from this policy are received free of income and capital gains tax in the hands of the investor, either on withdrawal or maturity. However, the insurer will pay tax on the growth of the investment over the investment period and the rate / maturity value quoted to the investor is net of this.

Download our investment application form

1. Download our investment application form.

2. Complete the form and gather the required documentation.

3. Fax the documents to 0861 339 265 or email them to applications@absainvestments.co.za