Tax-free Investment

If you want to build your wealth over the long term, then every detail counts, because over the long term it’s the small decisions you make upfront that makes a big difference in the long run. Who you invest with, the amount of risk you take and the potential returns you target will determine the benefits you reap in the end.

Our tax-free investments is a flexible investment product geared for growth and tailored for your individual needs and risk tolerance. Our long term growth philosophy is embedded in our investment process and our track record in managing risk is exceptional.

If you are investing for the long term, or if you are already paying income or capital gains tax on your existing investments, then you can invest in our tax-free investments and benefit from tax savings on your investment return.

How does this work?

How does this work?

  • This account is exempt from tax on all returns
  • It allows for a maximum contribution of R30 000 per annum and a R500 000 lifetime contribution
  • A minimum R10 000 lump sum investment per fund is required
  • If you wish to phase in our investment you can do so with debit orders of as little as R500 per month.
  • Amounts can be withdrawn at any time. However, if returned, these amounts will be subject to the annual contribution limits
  • Transfers between different funds within the same account will not be subject to annual contribution limits
  • You have flexibility with the choice and combination of Melville Douglas Funds you want to invest in
What are the benefits?

What are the benefits?

  • No Capital Gains Tax (CGT) - on a switch within this account or on withdrawal.
  • No tax on dividends - your account will earn the gross dividend, which will be re-invested.
  • You don’t pay tax on income - all interest and other income will be re-invested tax-free.
  • No performance fees or initial fees. However, advisers will be able to charge an initial adviser fee agreed with the client.
  • Service fees - no additional fees will be charged except the annual service fee of the fund selected. This may include a trail fee to the adviser.
  • Even though the amount of contributions has a lifetime limit, there are no limits on the size that this account can grow to.

Is the tax-free investment suitable for you?

The Melville Douglas Tax-free Investment account typically suits investors who:

Want to receive tax-free investment returns

Want to save over the medium to long term using a convenient investment vehicle

Are looking for investment flexibility and liquidity

Only natural persons who African resident taxpayers may invest in the Melville Douglas tax free investment account, subject to investment requirements. You can also invest for your children younger than 18 years.

You can invest in the following bespoke range of tax-free investments options:

Our flagship domestic equity fund focused on capital growth and exceptional performance over the long term.

Suitable for you if:

  • You are looking for an actively managed investment solution
  • You are looking for long-term capital growth
  • You are investing for at least 5 years or more
  • You are comfortable with taking on some risk of market fluctuation and potential capital loss

More   Application form   FAQs

Our multi-asset class mandate that delivers high growth of capital and income and with 15 years of experience in managing balanced mandates.

Suitable for you if:

  • You are looking for long-term, capital growth and income at a reasonable level of current income and relative stability
  • You are investing for at least 5 years or more
  • You are willing to assume a moderate amount of risk in the pursuit long term growth

More   Application form   FAQs

Offshore exposure to provide a long term currency hedge through investing in high quality multi-national companies.

Suitable for you if:

  • You are looking for long-term, capital growth through exposure to globally diversified equity
  • You investing for at least 5 years or more
  • You are willing to assume greater risk in the pursuit of higher return over the long term growth

More   Application form   FAQs


You have reviewed the latest product information on our website (fact sheet) and know the risk and fees associated with your investment choice. You have read and understood the terms and conditions available on our website or upon request.

To invest directly, investors need to download the application form, complete and submit this form and all the associated documents to STANLIB:

E-mail: instructions@stanlib.com

Facsimile: 0867 277 501 or 011 448 6666

STANLIB Collective Investments Limited administer these funds.

You have reviewed the latest product information on our website (fact sheet) and know the risk and fees associated with your investment choice. You have read and understood the terms and conditions available on our website or upon request.

To invest directly, investors need to download the application form, complete and submit this form and all the associated documents to STANLIB:

E-mail: instructions@stanlib.com

Facsimile: 0867 277 501 or 011 448 6651

STANLIB Collective Investments Limited administer these funds.

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