With South Africa’s economy unstable and Rand’s weakness, most companies are finding ways to protect their money. Award-winning investment company Rand Swiss has launched an investment product that protects South Africans against the weakening Rand and the country’s declining economy.
The investment company has created the Rand Swiss US Dollar Core Global Growth Note which is a fixed-term investment product that provides a wide range of benefits to South Africans. The investment product include enhanced upside potential and capital protection if the markets decline, according to reports by Daily Investor.
The key benefits of the US Dollar Core Global Growth Note are as follows:
- The investment is based in US Dollars, providing protection if the Rand continues to weaken.
- The Growth Note invests in the world’s top stock markets: S&P500 (40%), Nikkei (30%), and Euro Stoxx 50 (30%).
- If the investment basket is up at maturity, you receive an enhanced 1.9-times the return – up to a maximum of 76%.
- If the investment basket is down at maturity, you receive capital protection on up to a 40% decline.
According to the Daily Investors, the minimum investment of $20,000 is required, With the investment period for the Growth Note is five years
The closing date for applications for the Growth Note is 10 August 2023.
Source: Daily Investor
