Stratus with Preservation Funds

This product is also available in the Stratus Premier product range. For Stratus Premier with Preservation Funds, the minimum single premium investment is R5000. You can choose between all the Stratus investment funds, as well as a range of unit trust funds.

When you make a career move or accept a severance package, you'll soon have to decide what to do with the accrued benefits in your pension or provident fund: do you invest this money in your next business venture? Spend it on a car or holiday? Or do you wisely preserve it for its original purpose - your retirement?

With Stratus with Preservation Funds, you can have the best of both worlds: a sensible investment opportunity as well as access to your money – you may make one cash withdrawal, or leave your accrued retirement benefits until you retire. These are your options:

Once you wish to retire from a preservation provident fund, you may take the full benefit as a lump sum. With the preservation pension fund option, you may take up to one-third of the full benefit as a lump sum. A portion of this lump sum may be tax-free while the remainder is taxed at your average tax rate. The compulsory life annuity purchased with the remaining two–thirds (or any compulsory life annuity purchased instead of a lump sum), is fully taxable.

With the money invested in any of the Stratus underlying investment funds listed below, you may switch the money between the various funds as your risk tolerance and needs change. You may also select the optional investment guarantee.  Sanlam Life only accepts single premium investments (minimum R5 000) in Stratus with Preservation Funds.

Clicking on any of the funds below will open a new browser with comprehensive fund information.

Stratus & Stratus Premier range of funds	Risk level / Asset class
Rand denominated funds
Managed options - Onshore (mainly RSA)
Absolute Return Fund (CPIX + 3%)*	Conservative
Multi-Manager Absolute Return Fund (CPIX + 3%)*	Conservative
Absolute Return Fund (CPIX + 5%)*	Cautious
Multi-Manager Absolute Return Fund (CPIX + 5%)*	Cautious
Vesting Bonus Fund	Cautious
Balanced Fund (Low equity) *	Moderate
Multi-Manager Balanced Fund (Low equity) *	Moderate
Balanced Fund (Medium equity)	Moderately aggressive
Multi-Manager Balanced Fund (Medium equity)	Moderately aggressive
Balanced Fund (High equity)	Aggressive
Multi-Manager Balanced Fund (High equity)	Aggressive
Active building blocks - Onshore (mainly RSA)
Guaranteed Capital Fund	Cash
Bond Fund	Fixed interest
Property Fund	Property
Sanlam Equity Fund	Equity
Multi-Manager Equity Fund	100% Equities
Managed options - Offshore (100% offshore)
Offshore Hedge Fund	Cautious **
Offshore Balanced Fund	Moderately aggressive **
Active building blocks - Offshore
Offshore Money Market Fund US$	Cash **
Offshore Money Market Fund £	Cash **
Offshore Money Market Fund €	Cash **
Offshore Bond Fund	Fixed interest **
Offshore Property Fund	Property **
Offshore Equity Fund	Equity **

*     Optional guarantees
**    Risk level / asset class indicated in terms of the currency in which the investments are made. In rand terms, the risk level is increased because of exchange rate fluctuations.

 

Stratus Premier only
Range of additional Investment Funds	Unit trust class
Coronation Strategic Income Fund	Fixed interest - varied specialist
Interneuron Multi Manager Income Planner FoF	Fixed interest - varied specialist
Investec Absolute Income Fund	Fixed interest - varied specialist
Sanlam Income Fund	Fixed interest - income
Coronation Property Equity Fund	Property
Allan Gray Balanced Fund	Asset allocation - prudential
Allan Gray Stable Fund	Asset allocation - prudential
Interneuron Multi Manager Balanced Growth FoF	Asset allocation - prudential
Interneuron Multi Manager Managed Equity Fund of Funds	Asset allocation - prudential
Investec Managed Fund	Asset allocation - prudential
Nedgroup Investments Managed Fund	Asset allocation - prudential
Sanlam Balanced Fund	Asset allocation - prudential
Sanlam Multi Managed Balanced Fund of Funds	Asset allocation - flexible
Fraters Flexible Fund	Asset allocation - flexible
Interneuron Multi Manager Secure Growth Fund of Funds	Asset allocation - flexible
Allan Gray Optimal Fund	Asset allocation - targeted absolute and real return
Coronation Absolute Fund	Asset allocation - targeted absolute and real return
PSG Advance Wealth Preserver FoF	Asset allocation - targeted absolute and real return
Sanlam Defensive Fund of  Funds	Asset allocation - targeted absolute and real return
Sanlam Inflation Linked Fund	Asset allocation - targeted absolute and real return
Allan Gray Equity Fund	Equity - general
Coronation Equity Fund	Equity - general
Investec Equity Fund	Equity - general
Nedgroup Rainmaker Fund	Equity - general
Oasis Crescent Equity Fund	Equity - general
PSG Alphen Equity Fund of Funds	Equity - general
RMB Equity Fund	Equity - general
Sanlam General Equity Fund	Equity - general
Sanlam Multi Managed Equity Fund of Funds	Equity - general
Sanlam Value Fund	Equity - value
Old Mutual Gold Fund	Specialist funds
Old Mutual Mining and Resources Fund	Specialist funds
RMB Industrial Fund	Specialist funds
Sanlam Financial Fund	Specialist funds
Sanlam Industrial Fund	Specialist funds
Sanlam Small Cap Fund	Specialist funds
Nedgroup Investments Global Balanced Fund	Global funds
Sanlam International Defensive Fund of Funds	Global funds
Stanlib Multi-Manager International Fund of Funds	Global funds

In the interests of transparency, Sanlam Life will divulge all costs and fees applicable to your investment, as well as the value of your investment.

Stratus with Preservation Funds has no life cover or rider benefits, as the entire investment growth goes towards increasing the value of your lump sum payout and the pension you buy. Legislation also does not allow any cessions - this safeguards the money for your retirement, as creditors cannot claim any of this money.

Contact details

Sales, product-related information and information on existing policies: 021 917-9002
Fax: 021 917-9001
International tel: +27 21 917-9002
International fax: +27 21 917-9001
Email:  stratus@sanlam.co.za

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