Investment Insights | 1 min read

Maturity Of The Glacier Capital Enhancer And Glacier Return Enhancer

Issues dated 12 December 2023

14 November 2023

The five-year term for the 9th issue of the Glacier Capital Enhancer and the 4th issue of the Glacier Return Enhancer ends on 12 December 2023. 

The maturity value will be determined on that same date, and we will confirm the outcome to intermediaries on 13 December 2023 via email. Once the investment has settled, each investor’s maturity value (minus tax if applicable) will be switched to the Glacier Money Market fund within their Glacier Vantage Plan (sinking fund) – the vehicle in which these investment options are set up. 

Communication to clients

We will communicate to clients on 28 November 2023 and again on 15 January 2023, once their maturity values are available in the Glacier Money Market fund.  

You will be able to view your list of clients invested in these issues on the intermediary web under My practice / Values per wrap fund / Glacier Capital Enhancer (12.12.2023) OR My practice / Values per wrap fund / Glacier Return Enhancer (12.12.2023), by clicking on the arrow on the right. Once the investment has been switched to the Money Market Fund, the list of clients will be available under My practice / Values per product / Sinking Fund

Investment options after maturity of the Glacier Capital Enhancer

A client can invest the proceeds in another suitable solution or remain invested in the Glacier Vantage Plan (sinking fund). Glacier offers a wide range of investment solutions to consider when an investment term comes to an end.  You’re welcome to discuss the investment options with your Glacier representative

Glacier Financial Solutions (Pty) Ltd is a licensed financial services provider.
Sanlam Life Insurance Ltd is a Licensed Life Insurer, Financial Services and Registered Credit Provider (NCRCP43).

Your Next Read

Industry Insights | 4 min read
Seven ways to turn client data into opportunities in your practice.
Investment Insights | 1 min read
New opportunity to invest in The Glacier Top Brands Return Enhancer

Receive the latest Glacier Insights delivered to your inbox


Please enabled javascript to view Glacier.