Taking a portion of one's money offshore is more than just a means of spreading your risk. It is also one of the best ways to stop the erosion of the rand value of your savings and investments. Taking it one step further – saving for your retirement in an offshore retirement annuity – makes even more sense, especially for those without access to a pension fund.

The Stratus International Retirement Annuity is a world first from Sanlam. You invest in it as part of your R750 000 offshore allowance by making personal contributions in rand while Sanlam pays your proceeds in a foreign currency of your choice – anywhere in the world! However, no direct transfers from SA Retirement funds are allowed.

And what's more, the normal tax benefits of an RA apply, meaning an extra saving for you because your contributions to the RA Fund are tax deductible, subject to your individual maximum. You will need a tax clearance certificate from the SA Revenue Service as well as prior approval of the SA Reserve Bank, which Sanlam will help you get.

The Stratus International RA has an initial term, after which it is open-ended until the maximum age (currently 70 years). It allows for lump sums (minimum R10 000) and monthly (R750) recurring contributions, as well as ad hoc increases, either monthly or annually.

When you invest in the Stratus International Retirement Annuity, you may choose from a comprehensive range of different investment funds for the money to grow in. Clicking on any of the funds below will open a new browser with comprehensive fund information.

Stratus & Stratus Premier range of funds	Risk level / Asset class
US$, £ and € denominated funds
Managed options - Offshore (100% foreign currency)
International Hedge Fund	Cautious **
International Balanced Fund	Moderately aggressive **
Active building blocks - Offshore (100% foreign currency)
International Money Market Fund US$	Cash **
International Money Market Fund £	Cash **
International Money Market Fund €	Cash **
International Bond Fund	Fixed interest **
International Equity Fund	Equity **

**	Risk level / asset class indicated in terms of the currency in which the investments are made. In rand terms, the risk level is increased because of exchange rate fluctuations.

At the end of the term the compulsory two-thirds of the proceeds may be used to purchase any of the following compulsory life annuities:

• A Sanlam International Investment Linked Pension.
• Any other existing Sanlam life annuity.
• A life annuity from another RSA life insurer.

Contact details

Sales / Product related information: 0860 223 390
Fax: (021) 947-9864
Information on existing policies: 0860SANLAM / 0860 726 526
Fax: (021) 947-9440
International tel: +27 21 916-5000
International fax: +27 21 947-9864
Email:  online.advice@sanlam.co.za

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