Funds
The Multilect Suite of Funds
Can you fine tune your retirement savings?
Do you require a boutique retirement vehicle for your bespoke asset management business?
Our administration model – with its open investment architecture – shape-shifts to cater for your investment strategy
Multilect’s open investment architecture offers bespoke asset managers, independent financial planners and private investors customisable options for retirement investing.
We provide the administrative playground – you decide on the play.
Key Features
Reap the long term rewards of Clear and Transparent reporting and Administration.
Open Investment Architecture:
Participate at a much greater level in structuring and customizing your assets to meet tailored retirement objectives.
Utmost Asset Protection:
The first of the Multilect suite of Funds was registered in 1992. An independent Board of Trustees manages the Funds, meeting the requirement of utmost asset protection. As added protection, our funds are reviewed on a three-year basis by an actuary.
Personal Share Portfolios:
One of the first financial services company to offer this service in South Africa, we deeply understand the intricacies of a personal share portfolio and how it fits into a your personalized retirement plan.
Personalized Approach:
We are not a call-centre business, like a private bank we know each of our clients well. Personalised service is our trademark
Competitive Pricing Structure
A competitive pricing structure with keenly priced administration costs with no entry or exit fees.
Our Funds
Your retirement objectives can be met via membership of an umbrella provident fund, preservation provident/pension fund, retirement annuity or living annuity. Tracking your retirement objectives is done easily via a specially designed system that provides a full transaction history and calculates the performance of your money invested towards your retirement.
Umbrella Retirement Fund- Help your employees create real wealth for their retirement
- Access to institutional asset management fees, giving your retirement savings a continual boost
Living Annuity Fund- Live off the wealth you have created with Multilect
- Access to Institutional asset management fees, giving your investment a continual boost
Preserver Pension Fund- Preserve your Wealth accumulated with your previous employers
- Access to Institutional asset management fees, giving your investment a continual boost
Preserver Provident Fund- Preserve your Wealth created with your previous employers
- Access to Institutional asset management fees, giving your investment a continual boost
Managed Annuity Fund- Live off the Wealth you have created using the Multilect Retirement annuity
- Access to Institutional asset management fees, giving your investment a continual boost
Retirement Annuity Fund- Tax efficient Wealth creator, the best way to boost retirement savings
- Recycling your SARS contribution refund to create a mountain of Wealth
- Access to Institutional asset management fees, giving your investment a continual boost
- An ideal way to save for those without company Pension or Provident funds
Umbrella Retirement Fund
Umbrella Retirement Fund
Living Annuity Fund
With a Living Annuity, you can reinvest your retirement savings (including your retirement annuity, pension, provident or preservation funds) to provide a regular income upon retiring. A Living Annuity gives you the flexibility to choose your income each year, subject to regulatory limits, and to choose where your money will be invested. And, any remaining capital upon death passes to your nominated beneficiary.
Multilect Living Annuity Fund
Greater Investment Security
- The fund is controlled by an independent Board of Trustees who maintain the integrity of all administrative and financial controls and procedures.
- The Board of Trustees are neither associated nor employed by Multilect, offering you a greater degree of asset protection
- The fund is audited annually by an independent auditor. The audit is submitted to the Financial Services Board for scrutiny.
- Our company’s asset structure ensures that if our business suffers financial knocks or goes insolvent, your retirement fund assets are insulated and protected – your retirement fund assets are totally independent of Multilect’s shareholder assets.
- The Fund is insured against fidelity losses.
Greater Investment Freedom
- The Multilect Managed Annuity Fund offers investment portfolios that are managed by independent fund managers. We do not restrict your investments to any in-house portfolios, or portfolios where we have a vested interest.
- You therefore have the freedom to choose a personalised share investment portfolio.
- With Multilect, you choose where to invest your retirement income.
- Annuitants may elect to have annuity payments made in advance on a quarterly, yearly or half-yearly basis.
Easy Fund Exit and Entry
We don’t levy fund entry and exit costs and limited fund exit conditions are applied.
Click here to view documents related to this product.
Preserver Pension Fund
Our preserver pension fund lets you keep growing your retirement savings when you change employers. Although you cannot continue contributing, you keep the tax benefits of your original fund and your investment return is not taxed.
Multilect Preserver Pension Fund
Greater Investment Security
- The fund is controlled by an independent Board of Trustees who maintain the integrity of all administrative and financial controls and procedures.
- The Board of Trustees are neither associated nor employed by Multilect, offering you a greater degree of asset protection
- The fund is audited annually by an independent auditor. The audit is submitted to the Financial Services Board for scrutiny.
- Our company’s asset structure ensures that if our business suffers financial knocks or goes insolvent, your retirement fund assets are insulated and protected – your retirement fund assets are totally independent of Multilect’s shareholder assets.
- The Fund is insured against fidelity losses.
Greater Investment Freedom
- The Preserver Pension Fund offers investment portfolios that are managed by independent fund managers. We do not restrict your investments to any in-house portfolios, or portfolios where we have a vested interest.
- You therefore have the freedom to choose a personalised share investment portfolio.
- With Multilect, you choose where to invest your retirement income.
Easy Exit and Entry
We don’t levy fund entry and exit costs and limited fund exit conditions are applied.
Click here to view documents related to this product.
Preserver Provident Fund
Our preserver provident fund lets you keep growing your retirement savings when you change employers. Although you cannot continue contributing, you keep the tax benefits of your original fund and your investment return is not taxed.
Multilect Preserver Provident Fund
Greater Investment Security
- The fund is controlled by an independent Board of Trustees who maintain the integrity of all administrative and financial controls and procedures.
- The Board of Trustees are neither associated nor employed by Multilect, offering you a greater degree of asset protection
- The fund is audited annually by an independent auditor. The audit is submitted to the Financial Services Board for scrutiny.
- Our company’s asset structure ensures that if our business suffers financial knocks or goes insolvent, your retirement fund assets are insulated and protected – your retirement fund assets are totally independent of Multilect’s shareholder assets.
- The Fund is insured against fidelity losses.
Greater Investment Freedom
- The Preserver Provident Fund offers investment portfolios that are managed by independent fund managers. We do not restrict your investments to any in-house portfolios, or portfolios where we have a vested interest.
- You therefore have the freedom to choose a personalised share investment portfolio.
- With Multilect, you choose where to invest your retirement income.
Easy Exit and Entry
We don’t levy fund entry and exit costs and limited fund exit conditions are applied.
Click here to view documents related to this product.
Managed Annuity Fund
With a managed annuity, often referred to as a living annuity, you can invest your retirement savings and draw an income. You choose how much income to draw, within the legal limits, and you can change your income amount or the frequency of your payments annually.
Multilect Managed Annuity Fund
Greater Investment Security
- The fund is controlled by an independent Board of Trustees who maintain the integrity of all administrative and financial controls and procedures.
- The Board of Trustees are neither associated nor employed by Multilect, offering you a greater degree of asset protection
- The fund is audited annually by an independent auditor. The audit is submitted to the Financial Services Board for scrutiny.
- Our company’s asset structure ensures that if our business suffers financial knocks or goes insolvent, your retirement fund assets are insulated and protected – your retirement fund assets are totally independent of Multilect’s shareholder assets.
- The Fund is insured against fidelity losses.
Greater Investment Freedom
- The Multilect Managed Annuity Fund offers investment portfolios that are managed by independent fund managers. We do not restrict your investments to any in-house portfolios, or portfolios where we have a vested interest.
- You therefore have the freedom to choose a personalised share investment portfolio.
- With Multilect, you choose where to invest your retirement income.
- Annuitants may elect to have annuity payments made in advance on a quarterly, yearly or half-yearly basis.
Easy Fund Exit and Entry
We don’t levy fund entry and exit costs and limited fund exit conditions are applied.
Click here to view documents related to this product.
Retirement Annuity Fund
A retirement annuity is a way of saving for your retirement. It offers you the opportunity to get a lump-sum pay-out on retirement and to reinvest a portion of your retirement saving for an annuity income. You can vary your contributions to meet your requirements.
Multilect Retirement Annuity Fund
Greater Investment Security
- The fund is controlled by an independent Board of Trustees who maintain the integrity of all administrative and financial controls and procedures.
- The Board of Trustees are neither associated nor employed by Multilect, offering you a greater degree of asset protection
- The fund is audited annually by an independent auditor. The audit is submitted to the Financial Services Board for scrutiny.
- Our company’s asset structure ensures that if our business suffers financial knocks or goes insolvent, your retirement fund assets are insulated and protected – your retirement fund assets are totally independent of Multilect’s shareholder assets.
- The Fund is insured against fidelity losses.
Greater Investment Freedom
- The Multilect Retirement Annuity Fund offers investment portfolios that are managed by independent fund managers. We do not restrict your investments to any in-house portfolios, or portfolios where we have a vested interest.
- You therefore have the freedom to choose a personalised share investment portfolio.
- With Multilect, you choose where to invest your retirement income.
- Annuitants may elect to have annuity payments made in advance on a quarterly, yearly or half-yearly basis.
Easy Exit and Entry
We don’t levy fund entry and exit costs and limited fund exit conditions are applied.
Click here to view documents related to this product.