
Application for a Non Resident Allan Gray Form
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People also ask
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What is the minimum amount for Allan Gray unit trust?
You decide how much, when and how you would like to invest. You may be liable for capital gains tax on withdrawals. To invest, you need either: A combination of a minimum monthly amount of R1 000 and a minimum initial lump sum investment of R2 500, or.
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How do I open an Allan Gray account?
If you do not already have an Allan Gray Online account complete the Online Account Application and a Client Service Centre consultant will then contact you to confirm your registration telephonically. You can complete and sign the form and email it to instructions@allangray.co.za, or send it via fax to 0860 000 655.
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Can I withdraw from my Allan Gray account?
If you want to withdraw from your savings component, you can submit a 'Savings component withdrawal' instruction via your Allan Gray Online account. Please provide us with your personal bank details. We make all payments electronically to a South African bank account in your name.
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What is the minimum investment for Allan Gray?
You can start your investment with a lump sum of R50 000, or a R1 000 debit order. Additional contributions must be at least R1 000. Your initial lump sum must be at least R50 000 or US$3 500 (or foreign currency equivalent). Additional contributions must be at least R5 000 or US$400 (or foreign currency equivalent).
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How long does Allan Gray take to pay out a pension fund?
It takes a minimum of 10 business days to process a retirement from a preservation fund. It will take an additional two business days to process your instruction if you have chosen the Allan Gray Living Annuity as your retirement income product.
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What is the minimum investment amount?
The minimum investment is the smallest amount of money required to start investing in a Mutual Fund. Understanding this minimum requirement is essential for investors, as it determines the initial capital needed to enter the fund and can impact investment planning and strategy.
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What is the minimum debit order for Allan Gray?
You can transfer your tax-free investment from another financial services provider to Allan Gray. If you do not have an existing Allan Gray Tax- Free Investment, the minimum transfer amount is R36 000, or any amount greater than R1 000 together with an ongoing monthly debit order of at least R1 000.
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How long does Allan Gray take to pay out?
You can complete and sign an Endowment withdrawal instruction and email the form to instructions@allangray.co.za, or send it via fax to 0860 000 655. When will I receive my money? It takes approximately eight business days to process a withdrawal from an endowment.
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