Available via the Glacier Cash Option
Clients looking for a place to park their savings can now include the Glacier Invest Flexible Income Wrap Fund in the Glacier Cash Option.
The Glacier Invest Flexible Income Wrap Fund blends top flexible income funds to diversify sources of return with the aim of generating a high level of income over the short term while preserving capital. The Fund is managed by Glacier Invest, with underlying fund managers including Coronation, Prescient, Terebinth, Sanlam Investment Management and BCI (Fairtree). It targets a benchmark of CPI+1% over a rolling one-year period.
Investment into the Glacier Cash Option requires a minimum of R100 000 and there is a 0% administration fee. Clients have easy access to their investment as there is no fixed term. They may also move their funds into a Glacier Investment Plan or Endowment should they wish to access a wider selection of investment funds. View the Glacier Invest Flexible Income Wrap Fund fact sheet here or view the Glacier Cash Option brochure here.
