By Jan Faure
Fact: South Africa’s equity market represents less than 1% of the world’s equity market value. Limiting yourself to local investments has the opportunity cost of foregoing potentially rewarding investment opportunities in global markets as well as greater diversification.
Many investors do not take offshore investments into account simply because they do not fully understand the concept and tend to be scared off due to the fear of the unknown.
Going it alone and investing offshore is, of course, possible but the risks from “flying solo” are far greater than investing through an experienced and focused offshore asset management company. There are various elements that require expertise that only a dedicated offshore asset management company can advise on and facilitate. These include efficient foreign exchange transfers, selection of a suitable offshore investment platform, estate planning considerations, fees, monthly reporting, SARS compliant annual tax statements, and high client service levels.
It is important that a qualified investment professional consults with a client and advises him/her on the advantages and disadvantages of various investment choices. This allows investors to make an informed decision on how and where to invest their funds. Almost all investments are a long-term commitment which inevitably has ups and downs. As such, it is vital for the client to have a relationship of trust with their chosen asset manager. This can make all the difference to investment success.
Wealthpoint Capital (Pty) Ltd is a licensed asset management company based in Johannesburg, South Africa. With over 30 years of experience in the industry, clients can rest assured that their investments are in good hands.
We believe that success is driven by 4 major factors: Time, Low Fees, Asset Allocation and Diversification. Our passion and commitment to our clients are to get these 4 factors right.
It does not matter if you are a first-time investor or an experienced investor, we have an offshore investment solution for you. Should you require more information about making an investment or for more information about ourglobal exchange traded fund (ETF) portfolios, please be sure to book a consultation with us.