Satrix offers index tracking investment products in the form of unit trusts and exchange-traded funds (ETFs). Both of these investment vehicles (product types) are structured as collective investment schemes (CIS). They share a standard tax treatment under South African tax law. SARS regulations outline the tax implications for investors in collective investment schemes as follows:
*Capital Gains Tax is applied per the official SARS tax tables and prevailing regulations.
* Income distributions (interest and dividends) may also be subject to tax, depending on your individual circumstances.
We recommend consulting a qualified tax practitioner to understand how these tax rules apply to your investment(s).