OFFSHORE INVESTMENT ACCOUNT
Global opportunities for exceptional growth potential
Studies suggest South African investors should, over the long term, have an average exposure of between 20% and 30% invested in international assets.
The Absa Offshore Investment Account allows you to gain exposure to offshore investment markets as part of your offshore investment allowance.
What is it?
A range of selected offshore unit trust funds that provides you with the ability to effectively diversify your investment portfolio in terms of geographic regions, currencies and asset classes.
Choice
Construct a diversified portfolio from a comprehensive range of funds.
Access
Allows for ad hoc withdrawals and additions to and from the investment.
Collateral
Can cede the investment as collateral or as an outright cession.
What can it do for me?
Pending global economic conditions and exchange rates, there is a very real possibility of your offshore investments outperforming local funds. At the very least the act of spreading your risk across different regions and economies provides you with the opportunity to capitalise on global opportunities.
Reduce localised risk
Create insulation against country-specific circumstance, e.g. political risks.
Access global opportunities
Only 1% of the global market is represented in South Africa.
Increased stability
By spreading risk you ensure stability in terms of portfolio performance.
What does it cost
The annual fees are calculated on the market value of the units held in the fund. Financial adviser initial and annual review fees are negotiable between you and your chosen financial adviser.
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 AIMScc@absa.co.za
Click here to view terms and conditions.