More on Switching

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How to Switch your Investments - Read More

 

When can I switch?            

  • You can switch between these portfolios at any time by completing the investment switching documentation required by the Administrator.
  • In every 12-month period beginning on 1 July, you are permitted one investment switch without any charge.  If you switch more than once per period, an administration fee (currently R715.13 VAT inclusive, but reviewed from time to time) will be debited from your Accumulated Retirement Savings . (You can change where your Future Contributions are invested without having to pay a fee.)

What happens when I do not exercise a choice when I join?

If you don't exercise a choice when joining the UCTRF, your retirement saving contributions will automatically be defaulted so that it is invested in accordance with the Life Stage Model.

 



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