“To generate wealth, it as important to manage investment costs as it is for your investments to outperform inflation,” says Dr Anton Hay, Marketing Director at Ecsponent Financial Services. Appearing on KykNet’s Groot Ontbyt show on 11 December, Dr Hay had sage advice for investors looking to build their wealth.
Ecsponent’s investment options don’t only outperform inflation but are also tax-friendly and investors receive a 100% investment allocation, with no annual fees. This can contribute significantly to an investor’s portfolio performance as some asset managers charge management fees of up to 3% per annum. Very often, these fees are hidden. As a consequence, investors may find their investment returns are below inflation. Which means their money is worth less than before instead of more outperforming inflation.
Ecsponent’s investment options beat inflation
- Ecsponent’s Class A Income Provider is ideal for investors who require a fixed monthly income. This investment pays an annual return of 10% (before tax) and the investor’s capital is repaid after five years.
- Ecsponent’s Class C Income Provider is ideal for investors who require a monthly income linked to the prime interest rate. This investment pays prime plus 4% per annum (before tax), and capital is repaid after five years.
- Ecsponent’s Class B Capital Growth Provider is ideal for investors who require stable capital growth. This investment pays an annual return of 11.2% to investors (before tax). After five years, an investor will receive the capital invested plus 70% capital growth. E.g. R100,000 invested today, will mean the investor received R170,000 in 2022.
Watch Dr Hay’s full message here: