Viv Govender from Rand Swiss Offshore chose Sanlam Capital Protector as his stock pick of the day. “This is quite an interesting product, it gives you 90% capital protection so the first 10% you take as a loss, but what they do then is they choose a bunch of different stocks around the world and then they basically give you 200% of that improvement after taxes returned. The actual return is like 300%, but they account for the full tax rate so whatever the improvement in the stocks are you get 200% after the tax as your return.”
Or listen to the full audio:..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.