FREQUENTLY ASKED QUESTIONS

How do I create my initial investment account with 27four Investment Managers?

You need to complete an application form and provide us with all the documents requested on the form. If your investment is a lump sum you will also need to provide proof of payment.

What FICA should I include with my application form?

South African Citizens and Residents or Foreign Nationals (Natural Person)

  • ID document, drivers licence or a passport.
  • Proof of address. (e.g. utility bill or telephone account less than three months old)
  • Proof of income tax number
  • Proof of bank statement

South African Citizens / Minor

  • All of the above documents
  • Birth Certificate
  • Co-Habitant Form

Legal Entities and Trusts: South African Companies

  • Certificate of Incorporation (CM1) and Notice of Registered Office and Postal Address
    (CM22).
  • Proof of business address.
  • Proof of income tax number.
  • Proof of authority to act for the company e.g. a directors’ resolution.
  • ID documents in respect of all authorised representatives and also all individuals, or legal entities holding 25% or more of the voting rights.
  • Proof of bank statement

Legal Entities and Trusts: South African Close Corporations

  • Founding Statement and Certificate of Incorporation (CK1) and Amended Founding Statement (CK2).
  • Proof of business address.
  • Proof of income tax number.
  • Proof of authority to act for the close corporation e.g. a members’ resolution.
  • ID documents in respect of all authorised representatives and also all individuals, or legal entities holding 25% or more of the voting rights.
  • Proof of bank statement

Legal Entities and Trusts: Foreign Companies

  • Official document from foreign regulator witnessing incorporation, bearing the name, number and address.
  • Proof of address.
  • Proof of income tax number.
  • Proof of authority to act for the company e.g. a directors’ resolution.
  • ID documents/passports in respect of the all authorised representatives and also all individuals, or legal entities holding 25% or more ofthe voting rights.
  • Proof of bank statement

Legal Entities and Trusts: Other Legal Persons (Retirement Funds, Medical Schemes, Club, Association, Body Corporate, etc.)

  • The constitution or other founding document/ Regulatory approval in terms of which legal entity is created.
  • Proof of address.
  • Proof of income tax number.
  • Proof of authority to act for the entity e.g. trustees’ resolution.
  • ID documents in respect of the all authorised representatives.
  • Proof of bank statement

Legal Entities and Trusts: Trusts

  • Letters of authority from the Master (SA trust) or foreign regulator (foreign trusts).
  • Trust Deed
  • Proof of income tax number.
  • Proof of authority to act for the trust e.g. resolution.
  • ID documents in respect of the all authorised representatives and also all beneficiaries mentioned by name in the trust deed.
  • Proof of bank statement

What are the minimum investment amounts?

  • For unit trusts a lump sum of R10 000 and/or a monthly debit order of R500
  • For retirement annuities a lump sum of R20 000 and/or a monthly debit order of R500
  • For preservation funds a lump sum of R100 000

Who should I contact regarding my investment?

For information on your investment, you can logon to our secure portal or contact us on 0800 000 274 (toll-free) or send an email to info@27four.com.

How do I add additional funds to my investment?

For unit trusts and retirement annuities you will need to complete an additional form which you will find here.

How do I redeem funds from my investment?

For unit trusts you will need to complete a redemption form which you will find here. You can only access your retirement annuity benefit from age 55 or if you are emmigrating. For your preservation fund benefit you can take one cash withdrawal before retirement, which is any time after age 55. Please contact us to assist you.

How can I update my details?

Please forward an email to info@27four.com advising us of any changes

What is the process if I want to move my funds to a different product?

You will need to complete a switch form which you will find here. Once completed please email it to us at unittrust@27four.com.

How do I register or make use of the 27four Online Portal?

All 27four direct investors can access the portal. To register you will need your unique investor number, which is shown on your investment statement. Once registered you will be able to access the portal and view information on your investment and request tax certificates online.

What is a retirement annuity, preservation fund and living annuity?

A retirement annuity is a personal pension fund and is used to invest for retirement. The biggest advantage of this type of investment is that there are tax breaks for both investments made into the fund and the growth of the investment in the fund. For more information on this please contact your financial advisor or email us at info@27four.com.

A preservation pension/provident fund is used to preserve benefits from employer pension/provident funds when you change jobs. Preserving your pension/provident fund benefit when you change jobs is one of the most important ways in which to invest for retirement. For more information on this please contact your financial advisor or email us at info@27four.com.
A living annuity provides a pension when you retire from your employer’s pension/provident fund and/or a retirement annuity. You can choose an annual pension of between 2.5% to 17.5% of the value of the lump sum you transfer from your pension/provident or retirement annuity fund.

All 27four direct investors can access the portal. To register you will need your unique investor number, which is shown on your investment statement. Once registered you will be able to access the portal and view information on your investment and request tax certificates online.

What is a discretionary savings investment?

This is any investment that is not a retirement annuity, preservation fund or living annuity.