Thoughts on Discovery Capital 200+

[Verde]

Update on this product offering:

1. As an endowment there is no tax, the return is net money in your hands, the beauty of the endowment scheme (until SARS change the rules of course)
2. Capital protected index tracking products such as these should form part of everyone's diversified portfolios IMHO - you essentially get the security of a fixed deposit but with equity market returns

1. Nonsense - tax is paid in the endowment often at a higher rate than the investor would have paid in their own name. The capital returned at maturity is net of this tax.
2. Nonsense I analysed this product and posted my findings in this thread- the expected outcome is worse than a 30/70 bond/equity portfolio with a probability distribution that is unattractive to long-term investors.

Please post the name of the tranche you invested in, as well as the investment date, maturity date and total return.

 

[AlecL]

I am a CFP Discovery financial adviser with 28 years experience. I am licensed to market this investment.
Like all investments it has pros and cons. All features are fully disclosed and there is nothing hidden. It could be a good addition to a balanced portfolio of investments. I am happy to discuss it with anyone who may have an interest in it. [email protected]