The Professional Edition 1 October 2020 | Page 36

You don ’ t need to be rich if you ’ ve got Family Network

Building family wealth is not the exclusive domain of the wealthy . It can be achieved by any family unit , regardless of their net worth . reduced administration fees . By investing in the PPS Select range of funds , you have access to our competitive sliding fee scale , where reduced annual platform administration fees apply to your investments . The sliding scale below will be applied on your total assets invested on our platform .

Comedian Chris Rock put it best : “ Wealth is not about having a lot of money ; it ’ s about having a lot of options .” Building intergenerational wealth starts with fostering a family culture of saving .
Hugo Malherbe , Executive of Product Development at PPS Investments , says : “ It can be challenging to strike the right balance between meeting immediate family needs and building future financial security .”
PPS Investments Family Network provides an opportunity to benefit from
PPS Investments administration fee scale
Value of total investments with PPS Investments
Applicable administration fees ( excluding VAT )
The first R1.5 million 0.50 %
The next R3.5 million 0.20 %
Amounts above R5 million 0.10 %
Investments in the PPS Enhanced Yield Fund and Allan Gray Money Market Fund are excluded from the investment amount when applying the above sliding scale . An annual platform administration charge of 0.40 % ( excluding VAT ) is charged on investments in the PPS Enhanced Yield Fund and Allan Gray Money Market Fund .
36