Total investment value
Annualised return
You've just taken the first step towards enjoying the benefits of tax-free growth.
What is a tax-free investment?
A tax-free account is a government initiative to improve national savings through a tax break incentive. SA citizens can contribute up to R36 000 per year to a tax-free investment (TFI) account where their investment returns grow completely free of local tax.
This means that your investment value is not reduced by any local income, dividends, or capital gains tax.
Invest from as little as R250 per month via debit order or a lump sum amount of R5 000
Choose your favourite Coronation unit trust to power your investment returns
Switch or withdraw at any time
Pay no initial or ongoing administration fees
Trust is earned
Why should I choose to invest with Coronation?
Our approach has been tried and tested over 30 years.
Coronation is one of the largest and most successful unit trust fund managers in the country. We have over R750 billion in assets under management, and our clients are always at the centre of all our decision-making.
You can choose a suitable Coronation unit trust fund to meet your needs
With a TFI account you are still free to choose any of Coronation’s funds to power your investment returns.
TFIs improve your outcomes in the long-term
Not paying tax means there is more money invested to grow. The benefits of investing tax-free compound over time, and therefore TFI accounts are best used for long-term investment goals.
Withdraw from your TFI at any time
With a Coronation TFI you are free to withdraw your funds at any time or switch into a more suitable Coronation fund as your needs change.
You can only contribute up to a maximum of R36 000 per tax year
And R500 000 over a lifetime. It’s a use-it-or-lose it principle, which is why it’s best to max out your contributions every tax year - without fail. (we will remind you every year to top up if you haven’t done so).
Funds
What are my fund options?
Coronation has a number of popular funds that are suitable for long-term investors in a tax-free investment account.
Popular choice
Market Plus
This fund is for investors wanting to grow their tax-free savings meaningfully over the long term. It invests across local and global shares, bonds, property, and cash to capture the best growth opportunities. Its equity bias makes it a suitable choice for investors seeking inflation-beating, long-term growth.
- Invests across shares, bonds, property, and cash, locally and offshore
- Equity-biased for higher long-term growth potential
- Ideal for wealth builders not bound by retirement fund regulations
Risk rating
Minimum investment term
5 years +
Try our investment calculator
Click here to see the returns of this fund if you had invested sooner
View fund performance
Invest in this fund
Market Plus
The fund aims to maximise long-term investment growth, at lower levels of risk than a fund that is only invested in shares.
Investor profile
The fund is suitable for investors: Building up long-term capital outside of a retirement fund. Requiring a somewhat aggressive capital growth portfolio. Looking to preserve the purchasing power of their capital over the long term. With a time horizon of five years or longer. The fund is not suitable to highly risk-averse investors
Benchmark
CPI + 5%
Risk rating
Minimum investment term
5 years +
Exposure to growth assets
Maximum: 85%
Annualised past performance (after fees)
| Returns | Fund | CPI + 5% | PEER GROUP AVERAGE |
|---|---|---|---|
| Since Launch (unannualised) | 2,663.3% | 1,030.4% | 1,565.5% |
| Since Launch (annualised) | 14.7% | 10.5% | 12.3% |
| Latest 20 years (annualised) | 12.4% | 10.4% | 10.9% |
| Latest 15 years (annualised) | 11.7% | 10.0% | 10.4% |
| Latest 10 years (annualised) | 10.4% | 9.8% | 8.5% |
| Latest 5 years (annualised) | 16.1% | 9.9% | 13.6% |
| Latest 3 years (annualised) | 19.5% | 9.1% | 15.2% |
| Latest 1 year | 18.6% | 8.1% | 15.0% |
| Year to date | 15.8% | 6.9% | 14.1% |
Global Optimum Growth [ZAR] Feeder
This fund is for long-term investors wanting global diversification and strong, equity-driven growth within a tax-free investment. It invests in Coronation’s best local and international ideas across shares, bonds, property, and cash to capture opportunities worldwide.
- Primarily invested in shares, but can include property, bonds, and cash
- A flexible mandate that adjusts asset and geographic exposure based on value
- Ideal for wealth-builders comfortable with broad discretion in asset and regional allocation
Risk rating
Minimum investment term
10 years +
Try our investment calculator
Click here to see the returns of this fund if you had invested sooner
View fund performance
Invest in this fund
Global Optimum Growth [ZAR] Feeder
The fund aims to maximise long-term investment growth by investing in a globally diversified portfolio with exposure to both developed and emerging markets across multiple asset classes. Our intent is to provide competitive after inflation returns over all five-year periods.
Investor profile
The fund is suitable for investors: Looking for a balanced exposure to both domestic and international assets. Who are comfortable to grant Coronation a wide degree of discretion. Who are in their wealth build-up phase and require little income yield in the short term. Who are able to withstand short-term market and currency fluctuations in pursuit of maximum total returns over the long term. Who intends following a core/satellite approach, using this fund as a core fund.
Benchmark
Composite: 35% MSCI World Daily Total Net Return Index, 35% MSCI Global Emerging Markets Daily Total Net Return Index, and 30% Bloomberg Global Aggregate Bond Total Return Index Unhedged USD
Risk rating
Minimum investment term
10 years +
Exposure to growth assets
Maximum: 100%
Annualised past performance (after fees)
| Returns | Fund | BENCHMARK | OUTPERFORMANCE |
|---|---|---|---|
| Since Launch (unannualised) | 2,613.9% | 1,569.4% | 1,044.6% |
| Since Launch (annualised) | 13.3% | 11.2% | 2.1% |
| Latest 20 years (annualised) | 11.6% | 11.7% | (0.1)% |
| Latest 15 years (annualised) | 13.5% | 12.2% | 1.3% |
| Latest 10 years (annualised) | 11.2% | 9.9% | 1.3% |
| Latest 5 years (annualised) | 7.1% | 10.3% | (3.2)% |
| Latest 3 years (annualised) | 20.7% | 14.7% | 6.0% |
| Latest 2 years (annualised) | 20.2% | 13.2% | 7.1% |
| Latest 1 year | 25.2% | 13.1% | 12.1% |
| Year to date | 18.7% | 8.4% | 10.3% |
Learn more about TFIs
Explore the features and benefits of a tax-free investment in more detail and discover other fund options.
Importance of advice
Financial decisions can be daunting. Getting independent advice can help you achieve your retirement goals.
Contact us
You are welcome to email or call us for more information.