LINKED ENDOWMENT

Investment Overview

A 5-year, 100% capital-protected Linked Endowment with a dual-return structure. It offers a guaranteed fixed return on a portion of the capital after three years, plus participation in the capped upside of an international equity index for the remainder.

Investment Premise

This investment is tailored for individuals and trusts in South Africa looking for a tax-efficient and secure way to grow their capital. The core premise is to offer a structured return that combines a guaranteed payout with exposure to international equity markets, all within a capital-protected framework. The endowment structure offers potential tax benefits and simplifies estate planning. It is particularly suitable for investors with a medium-term horizon (5 years) who want to de-risk their portfolio while still capturing potential upside from global markets. The investment is indexed to a STOXX index, providing diversified international exposure.

Essentials

• Capital Protected100%
• Target Term5 years
• Suitable forIndividuals, Trusts
• CurrencyZAR

Documents

Content

The LINKED ENDOWMENT (ZAR) is a structured note that guarantees 100% of the initial capital. The investment is split into two phases. The first phase delivers a fixed, guaranteed return of 33.54% on 45% of the capital after three years. The second phase provides exposure to the performance of an international STOXX equity index on the remaining 55% of the capital, with returns capped at 30% over the 5-year term. This structure provides a blend of predictable returns and the potential for significant, market-linked growth.