PPS Investments (Pty) Ltd, PPS Multi-Managers (Pty) Ltd, PPS Investment Administrators (Pty) Ltd and PPS Insurance Company Ltd are licensed financial services providers.
PPS Management Company (RF) (Pty) Ltd is a licensed collective investment scheme manager.
glu Invest is a sub brand of PPS Investments (Pty) Ltd.
glu Mutual is the underwriter of the glu Endowment Plan.
glu Mutual is the underwriter of the glu Living Annuity.
PPS Investments is a subsidiary of Professional Provident Society Insurance Company Limited, a Licensed Insurer and Financial Services Provider. glu Invest is a sub-brand of PPS Investments. PPS Investments consists of the following authorised Financial Services Providers: PPS Investments (Pty) Ltd(“PPSI”), PPS Multi-Managers (Pty) Ltd (“PPSMM”) and PPS Investment Administrators (Pty) Ltd(“PPSIA”); and includes the following approved Management Company under the Collective Investment Schemes Control Act: PPS Management Company (RF) (Pty) Ltd (“PPS Manco”). Financial services may be provided by representative(s) rendering financial services under supervision.
The information, opinions and any communication from PPS Investments Group, whether written, oral or implied are expressed in good faith and not intended as investment advice, neither does it constitute an offer or solicitation in any manner. Furthermore, all information provided is of a general nature with no regard to the specific investment objectives, financial situation or particular needs of any person. It is recommended that investors first obtain appropriate legal, tax, investment or other professional advice prior to acting upon such information.
PPS Investments does not in any way guarantee the illustrated benefits shown. The illustrations shown are based on information provided by you/your financial adviser regarding your financial situation. glu Invest offers these illustrations in order to assist you with understanding your financial planning. The calculations, illustrations and all information provided is of a general nature with no regard to the specific investment objectives, financial situation or needs of any investor. PPS Investments, its subsidiaries or affiliates do not warrant or accept responsibility for the correctness or accuracy of any information and/or illustrations generated by this calculator/tool and shall not be held responsible for any claim for losses or damages which may arise out of the use of, or any reliance placed on, the information or illustrations contained herein. The actual future value of your investments will depend on actual amounts that you invest and the associated investment performance, fees and taxes of your selected underlying Investment option(s).
Collective Investment Schemes in Securities (CIS) are generally medium-to long-term investments. The value of participatory interests (units) may go down as well as up, and past performance is not necessarily a guide to future performance. CIS are traded at ruling prices and can engage in borrowing and scrip lending up to 10% of the market value of the portfolio to bridge insufficient liquidity. A schedule of fees and charges and maximum commissions is available on request from the manager. A CIS may be closed to new investors in order for it to be managed more efficiently in accordance with its mandate. The manager does not provide any guarantee either in respect of the capital or the return of a portfolio. Certain funds may be exposed to foreign securities and as such, may be subject to additional risks brought about by this exposure. A fund of funds is a portfolio that invests in portfolios of collective investment schemes that levy their own charges, which could result in a higher fee structure for the fund of funds. A feeder fund is a portfolio that invests in a single portfolio of a collective investment scheme, which levies its own charges and which could result in a higher fee structure for the feeder fund.