What is Trust Fund?
Trust funds are legal arrangements that allow individuals to place assets in a special account to benefit another person or entity.
Trust funds can be complex and often require the assistance of an attorney to set up, though there are online tools for the do-it-yourselfer.
Best Trust Funds In South Africa
| Aggressive | 1yr | 3yrs | 10yrs | ||
|---|---|---|---|---|---|
| Allan Gray Equity A | 10.0 | 18.2 | 8.4 | ||
| Coronation Top 20 A | 2.2 | 16.5 | 8.4 | ||
| Foord Equity A | 9.4 | 17.1 | 6.0 | ||
| M&G Dividend Maximiser A | 6.3 | 19.3 | 8.9 | ||
| M&G Equity A | 0.7 | 20.6 | 9.2 | ||
| Marriott Dividend Growth R | 8.0 | 10.0 | 6.2 | ||
| Satrix ALSI Index A1 | 7.9 | 17.6 | 8.6 | ||
| Satrix MSCI World Equity Index FF A1 | 27.9 | 14.3 | N/A |
| Moderately Aggressive | 1yr | 3yrs | 10yrs | ||
|---|---|---|---|---|---|
| Coronation Balanced Plus A | 9.4 | 13.7 | 8.1 | ||
| PSG Flexible A | 10.3 | 26.5 | 10.1 | ||
| Nedgroup Investments Opportunity Fund A | 6.5 | 17.7 | 9.2 | ||
| Foord Flexible FoF A | 18.4 | 9.1 | 9.2 | ||
| Rezco Managed Plus Fund A | 8.9 | 4.0 | 6.6 | ||
| Truffle MET Flexible Fund A | 1.5 | 12.9 | 10.5 | ||
| Nedgroup Investments Core Accelerated Fund B | 10.4 | 16.5 | N/A | ||
| Coronation Market Plus Fund A | 9.3 | 14.7 | 8.2 |
What is the best-performing unit trust in South Africa over 5 years?
The best-performing ones are listed in this article. They include GinsGlobal, Old Mutual, Stanlib, Ninety One Global, and AF Investments. Many people wish to know the best unit trust in South Africa so they can invest in it.
How much money do you need for a trust fund in South Africa?
Setting up a trust can cost between R4,000 and R12,000. Careful consideration must be given to the wording of the trust deed because you want to ensure that the trust is both tax effective, and also that your family will continue to benefit when you die.
How much does it cost to open a trust fund account in South Africa?
The cost of setting up a Trust, drafting a Trust deed, and finally registering it in South Africa can total anywhere between as little as R7000 to R20 000. A registration fee of R250 is payable to the e Master of the High Court.