Amethyst Inflation Protector invests into the Onyx Income Portfolio, delivering a targeted gross return of 12.12% per annum, supported by a built-in Inflation Protector Dividend.
The structure is designed to align income with portfolio capability, supporting a sustainable drawdown of 10% or lower, while preserving capital integrity and maintaining purchasing power over time.
Best suited to investors prioritising stable income and long-term sustainability.
Amethyst Income+ invests into the Onyx Income+ Portfolio, offering a higher targeted gross return of 13.38% per annum. This structure enables a higher level of income than Inflation Protector, with the effective drawdown dependent on individual client factors, including applicable advisor fees and product charges.
The solution remains structured and disciplined, balancing the Amethyst Income+ enhanced income with long-term sustainability considerations.
Best suited to investors requiring higher income within a controlled, outcome-driven framework.
Amethyst is not about maximising income, it’s about structuring income correctly from the start.
A living annuity operates as an investment account with no guarantees.
You can select the income you wish to receive within the legislated limits of 2.5% to 17.5% per annum of the annuity value. Income can be paid: Monthly, Quarterly, Bi-annually, Annually Income may be reviewed and adjusted annually.
Withdrawals (in addition to income) are not permitted unless the policy value falls below R150,000, in which case a full withdrawal may be requested. Withdrawals will be subject to income tax.
Any remaining investment value will be distributed according to your beneficiary nomination.
The investment may be inherited (continued with income) or redeemed. Proceeds are paid directly to beneficiaries and do not form part of the estate, therefore no executor’s fees apply (subject to legislation).
The investment will transfer to the estate and continue until maturity or redemption.
Yes. Living annuities are transferable from one financial provider to another.
No. Additional contributions are not permitted, as portfolio rules apply.
Returns are not guaranteed and are reviewable annually. Everest Wealth investment solutions have delivered stable outcomes over time.
Only savings from other retirement annuity or preservation funds may be transferred. Multiple retirement annuity savings may be consolidated into a single annuity.
You will only pay tax on the income you receive, based on your marginal tax rate. All growth within the annuity (interest, dividends and capital gains) is tax-free.
The Amethyst Living Annuity is designed to provide more stable and predictable income, with reduced volatility, while still retaining the flexibility of a traditional living annuity. It combines income stability with long-term growth potential, offering a more structured and consistent approach compared to market-linked alternatives.
Minimum 5 years, with no maximum term, subject to portfolio rules.