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This tool helps you choose a tax-free account that suits your appetite for risk

Tax Free Savings Advisor

by GT247.com

What is it about?

This tool helps you choose a tax-free account that suits your appetite for risk. It’s easy! There’s no obligation on your part, so feel free to play around with the tool just to see how it works.

App Details

Version
1.0.0
Rating
NA
Size
11Mb
Genre
Finance Business
Last updated
October 11, 2015
Release date
October 7, 2015
More info

App Screenshots

App Store Description

This tool helps you choose a tax-free account that suits your appetite for risk. It’s easy! There’s no obligation on your part, so feel free to play around with the tool just to see how it works.

We’ll ask a few questions and then list the investments that match your specifications. You can then choose from those and we’ll assist to make your selected investments.

This does not amount to financial advice. It is always a good idea to seek financial advice from a qualified financial advisor.

Things to consider in this app.
1) Minimum return is conservative estimate of the total investment return and should occur 3 out of every 4 years. In other words, there is a 75% chance that the actual returns will be higher than this figure. Therefore, this figure may comfortably be used for long term planning purposes.

2) Expected return is the range of investment returns, including all income, over any rolling 5 year period. 90% of actual returns over any 5 year period should fall within this range.

3) Maximum capital loss is the largest capital drawdown from peak to trough over any rolling 5 year period. The figures shown are applicable to the capital losses experienced during the 2008 Global Financial Crisis.

4) Asset allocation: Bonds include SA Government Bonds and SA Inflation Linked Government Bonds. Large Cap Domestic Equity is the Satrix 40 ETF. Other Domestic Equity are derivatives of the Top40 with emphasis on a particular style (e.g. RAFI = Value style). Sector focused Domestic Equity include Satrix Financials, Satrix Industrials and Satrix Resources. Foreign Equity are mainly ETFs offered by Deutsche Bank on Global, USA, UK, Europe and Japanese equities.

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