A Tax-Free-Savings-Account (TFSA) is exactly what it sounds like. A way to save without getting taxed on the moolah you make from TFSA investments; including interest, dividends and capital gains. Thank you National Treasury! Use your TFSA to invest in Exchange-Traded Funds (ETFs), Unit Trusts, Baskets or Bundles with up to R36 000 a year, and a total of R500 000 over a lifetime.
Want to find out the in's and out's of Tax-Free Investing? Watch this webinar HERE.
ETFS
An ETF or Exchange-Traded fund is a collection of stocks or other assets. When you buy an ETF, you’re buying all of the stocks that are in the ETF without having to buy each one separately. Just like stocks, ETFs are traded on an exchange and because of that they can be bought and sold throughout the day. They usually track an index like the S&P 500 or closer to home, the JSE Top40.
Top returning ETFs in TFSA from 1st Feb 2021 - 31st Jan 2022
| 1 | CoreShares PrefTrax ETF | 50.37% |
| 2 | CoreShares SA Property Income ETF | 45.67% |
| 3 | NewFunds Value Equity ETF | 41.66% |
| 4 | Satrix Property ETF | 40.99% |
| 5 | Satrix RAFI ETF | 40.29% |
| 6 | Satrix DIVI ETF | 38.69% |
| 7 | Satrix FINI | 37,21% |
| 8 | 1nvest SA Property | 36.89% |
| 9 | Satrix RESI ETF | 29.66% |
| 10 | CoreShares Top50 ETF | 28.13% |
Unit Trusts
Unit trusts are a collective investment scheme that brings the money of investors together into one pool that’s managed by an asset manager.
Top returning Unit Trusts in TFSA from 1st Feb 2021 - 31st Jan 2022
| 1 |
Counterpoint SCI Value Fund Class A1 |
48.18% |
| 2 | ABSA Property Equity Fund Class C1 | 45.11% |
| 3 | NinetyOne Property Equity H | 41.81% |
| 4 | PortfolioMetrix BCI SA Property Fund Class A | 40.25% |
| 5 | Satrix Property Index B1 | 37.37% |
| 6 | Old Mutual SA Quoted Property Fund Class A | 37.16% |
| 7 | Hollard Prime Property Fund Class B | 36.94% |
| 8 | Sentio SCI Hikma Shariah General Equity Fund A | 28.43% |
| 9 | 1PSG Global Equity Feeder Fund E | 28.28% |
| 10 | NinetyOne Equity E | 23.23% |
Data from EasyWealth 31st Jan 2022
Bundles
A bundle is an investment portfolio that is owned by an individual investor but looked-after/managed by a professional money manager, which they receive a fee for in return.
Top returning Bundles in TFSA from 1st Feb 2021 - 31st Jan 2022
| 1 | Cannon Assertive Growth TFSA | 17,49% |
| 2 | Emperor Core Equity | 17,47% |
| 3 | Cannon Capital Preservation TFSA | 16,25% |
| 4 | Cannon Balanced Growth TFSA | 15,65% |
| 5 | Emperor Core Balanced | 15,19% |
| 6 | RISE CPI+7 TFSA | 14,52% |
| 7 | RISE CPI+5 TFSA | 14,24% |
| 8 | Unum 75 TFSA Bundle | 13,81% |
| 9 | Emperor Core Moderate | 13,42% |
| 10 | RISE CPI+3 TFSA | 12,68% |
Returns from model portfolio on EasyEquities on 31st Jan 2021
Happy investing!
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