Alexforbes acquires OUTvest

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Alexforbes has acquired 100% of the shares in OUTvest, and we are proud to be a part of this leading South African financial services group.

Grow your wealth with our tax-free investment plan

Whether you're new to investing or you're building onto your existing portfolio, the tax you pay on investments can have a major impact on how much money you make.  


With our tax-free investment plan, your investment is literally free from tax. You don't pay dividend tax, income tax, or tax on the capital gains on your investment, subject to regulated limits. 

This can add up to a really substantial tax saving over time. 

Why choose the OUTvest tax-free investment plan?

The South African government created tax-free investment accounts as a way for South Africans to grow their wealth. Here are some of the ways our tax-free investment plan takes full advantage of this initiative.

Why choose the OUTvest tax-free investment plan?

The South African government created tax-free investment accounts as a way for South Africans to grow their wealth. Here are some of the ways our tax-free investment plan takes full advantage of this initiative.

If you're looking for tax-free investment options, look no further than OUTvest

Anybody with a South African ID number from birth can have a tax-free investment.

This makes the OUTvest tax-free investment plan a great option for just about anyone who wants to invest, especially if you're investing for the long-term.

Open a tax-free investment for your child or tax-free investments for grandchildren. Diversify your portfolio, or even use it as a way to boost your retirement savings. 

Start my tax-free investment
Our ONEfee model could change the value of your investment

With the same investment growth rate, but different fees, your total investment outcome can be very different. Learn more about ONEfee.

Candace pays 50% less in fees. She could get over R55 000 more OUT of her tax-free investment. 

Candace is 28 years old and will be saving R2 750 per month towards a tax-free investment for 10 years. Her monthly contribution won't escalate per annum. 

Profiles used are only for illustrative purposes. The total cost of ‘Traditional investing’ is estimated to be 3% per year. Traditional investing is when you pay an advice, administration and fund management fee. The results are modelled based on a historical growth rate using the asset allocation of the CoreSolutions OUTmoderate Fund. Research on fees was conducted by OUTvest internally. Past performance is not indicative of future performance. All investments are exposed to risk, not guaranteed and dependent on the performance of the underlying investments and excludes the impact of Securities Transfer Tax. Fees may change due to inflation.
Get a tax-free investment that's tailored to your needs

Our investment is not simply a tax-free savings account, because you're not just saving your money, you're investing it. 

We've used over 115 years of market and economic data to design a set of investments that are suitable for almost anyone - offering four passive multi-asset funds and one high quality, actively managed money market fund.

Let our Robo-Adviser guide you 

Download the app to have our Robo-Advisor ask you a couple of quick, simple questions. Once the system knows more about your specific investment objectives, it'll suggest the right investment fund for you. Try it now with no obligation to invest.

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Frequently Asked Questions 
How much does an OUTvest tax-free investment plan cost?

Our fees can be as low as 0.45% per year (including VAT and transaction costs). There are no signup, switching, performance, transfer, or cancellation charges - ever. 

Is there a limit to how much I can invest?

By law, there are certain limits to how much you can invest in a tax-free investment account that's been set up in your name. You can invest up to R36 000 per tax year, with a lifetime limit of R500 000. These limits apply to your combined tax free investment policies.

If you invest more than the allowed amount in a tax year, you'll be taxed at 40% for all amounts above R36 000. That's why we’ve put measures in place to make sure that your combined OUTvest tax-free contributions do not exceed the yearly limit.

That being said, we can only keep track of contributions into OUTvest accounts, and we advise you to keep track of all the contributions you make into tax-free accounts with other service providers to ensure that you stay within the R36 000 yearly limit.

Can I have more than one tax-free investment account?

Yes, you may want to set up different tax-free investments to help you with different goals in life. For example, you can set up separate education funds for each of your children that you may want to withdraw from at different life stages. 

Remember, that a total contribution limit of R36 000 per year and a maximum lifetime contribution of R500 000 applies to the combined contribution amount on tax-free investments that are in your name.  

Can I withdraw from an OUTvest tax-free investment?

Yes, you can make withdrawals as often as you want. This being said, a tax-free investment plan is intended for long-term investments with a significant tax benefit.

Also, if you withdraw a certain amount from your investment with the idea of putting it back later, this ‘replacement’ will be added onto the amounts considered for your yearly and lifetime limit.

Once you’ve reached your lifetime limit (R500 000 in contributions) you don't have to withdraw your investment and can leave the money in the investment account to grow even further.

Can I transfer an existing tax-free savings account to an OUTvest tax-free investment plan?

Yes. As of 1 March 2018, you can transfer your existing tax-free investment to another service provider, without having to worry about your contribution limit.

However, please contact us so that we can advise you on the best process to follow and also so that we can advise you on any possible financial implications.

How might an OUTvest tax-free investment differ from a tax-free savings account from my bank?

Some tax-free investment accounts only invest in cash, whereas the OUTvest tax-free investment plan lets you invest in funds with exposure to listed property, stocks, cash, and bonds in order to increase your exposure and manage your risk.

Also, our fee structure differs from that of traditional investments in that we only charge one, fixed fee that you see on your statement in Rands and cents. This is our way of keeping our investment fees as low and transparent as possible. 

How do I know which type of fund to invest in?

Download the OUTvest app, and our Robo-Advisor will ask you a couple of questions to get to know a bit about your investment goals and financial circumstances.

The system will then recommend an investment fund that best caters to your specific needs. 

You're not under any obligation to invest at that point, but it'll give you a better idea of what investment OUTcomes you could achieve with our tax-free investment plan. 


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