Our Flexible Investment Plans allow you to access your money whenever you need it. We give you the freedom to choose from top local and international funds, managed by leading fund managers. Whether you chose to invest a lump-sum or monthly, locally or offshore, we have a plan to meet your needs.
Investing a lump-sum can help you to save towards a lifestyle you aspire to. For investments of R100 000 or more, for an extra premium you can get a boost to protect you if your funds underperform. Depending on how your funds perform, you get a portion of your boost after five years and the balance after 10 years.
At a glance
Investment term
Short - Medium Term3 to 10 years
Minimum investment amounts
R5 000
R 5 000 lump-sum
if you're under 30
R75 000
R 75 000 lump sum
if you're 30 or over
You can make extra contributions to your investment.Fees that apply
Discovery Invest fee
We charge a yearly admin fee, which may depend on the size of your investment.Investment manager fees
Investment managers may charge initial and ongoing fees.Financial adviser fees
Your financial adviser can charge initial and ongoing advice fees.Please contact your financial adviser for a detailed quote on fees.
Tax
The following applies to you:
Your personal rate of tax will apply to all investment growth
20% on dividends
Fact File
Read the relevant Fact File for details of:
How the fees and discounts work
How you can get investment manager fees back if you also have a Retirement Annuity or Preserver Plan
What happens to your investment on your death
Contact your financial adviser for more information
Investing monthly amounts helps you to be committed to your savings plan - and the money builds up over time. We give a discount on your admin fees to Discovery Invest based on your Vitality status, the amount you invest and how long you're invested. This means you have more money to invest and grow.
At a glance
Investment term
Short - Medium Term3 to 10 years
Minimum investment amounts
R300
R300 a month
if you're under 30
R850
R850 a month
if you're 30 or over
You can make extra contributions to your investment.Fees
Discovery Invest fee
We charge a yearly admin fee, which may depend on the size of your investment.Investment manager fees
Investment managers may charge initial and ongoing fees.Financial adviser fees
Your financial adviser can charge initial and ongoing advice fees.Policy fees
You get a discount on your admin fees based on your Vitality status, the amount you invest in qualifying funds and how long you're investedPlease contact your financial adviser for a detailed quote on fees.
Tax
The following applies to you:
Your personal rate of tax will apply to all investment growth
20% on dividends
Fact File
Read the relevant Fact File for details of:
How the fees and discounts work
The exclusions that apply to the Contribution Waiver
How you can get investment manager fees back if you also have a Retirement Annuity or Preserver Plan
Contact your financial adviser for more information
Investment guarantees
No guarantee of investment performance
You can protect your investment against unexpected life events with a Contribution Waiver that pays your contributions for you if you become severely ill or disabled during the investment. This benefit comes at an additional premium. Read our brochure and Fact File for more information
Read our brochure for more information.
This plan allows you to earn interest without paying tax on the growth. The longer you stay invested, the more your investment will grow.
This plan allows you to earn interest without paying tax on the growth. The longer you stay invested, the more your investment will grow.
At a glance
Investment term
Short - Medium Term3 to 10 years
Minimum investment amounts
R5000 lump sum
If you're younger than 30:
R300 a month
or
R3 600 a year
R36 000 lump sum
If you're 30 or over:
R850 a month
or
R10 200 a year
You can make extra contributions to your investment.Fees
Discovery Invest fee
We charge a yearly admin fee, which may depend on the size of your investment.Investment manager fees
Investment managers may charge initial and ongoing fees.Financial adviser fees
Your financial adviser can charge initial and ongoing advice fees.Please contact your financial adviser for a detailed quote on fees.
Tax
The following applies to you:
Your personal rate of tax will apply to all investment growth
20% on dividends
Fact File
Read the relevant Fact File for details of:
How the tax free limits work
The funds that can be invested in
How the lifetime limits work
Contact your financial adviser for more information
Investment guarantees
No guarantee of investment performance
Do you want to protect your investment from life events and poor market conditions?
Read our brochure for more information.
PrimeFlex provides a sophisticated flexible investment while encapsulating simplicity and efficiency. Choose from a range of risk-profiled Discovery funds, specifically and carefully selected to meet your needs. These funds give you exposure to a diversified range of assets and one of the lowest administration fees available. In addition, if you are a member of Discovery Vitality Active Rewards, either through Vitality or Vitality Money, you will be eligible to be awarded Discovery Miles throughout the course of your investment. PrimeFlex also gives you access to your money whenever you need it.
At a glance
Investment term
Short - Medium Term3 to 10 years
Minimum investment amounts
R5000
R5000 a month
if you're under 30
R60 000
R60 000 a month
if you're 30 or over
You can make extra contributions to your investment.Fees that apply
Discovery Invest fee
We charge a yearly admin fee, which may depend on the size of your investment.Investment manager fees
Investment managers may charge initial and ongoing fees.Financial adviser fees
Your financial adviser can charge initial and ongoing advice fees.Please contact your financial adviser for a detailed quote on fees.
Tax
The following applies to you:
Your personal rate of tax on investment growth.
You are responsiblefor paying the tax on the investment.
Fact File
Read the relevant Fact File for details of:
The funds available for this investment
How you can be awarded Discovery Miles by Vitality
Contact your financial adviser for more information
Investment guarantees
No guarantee of investment performance
Do you want to protect your investment from life events and poor market conditions?
Read our brochure for more information.
IF YOU DIE WHILE INVESTED IN A FLEXIBLE INVESTMENT
If you die while invested in a Flexible Investment Plan, the proceeds of your investment will be paid to your estate.