Another deep dive in the final 12J investment season, as the tax incentive window closes on June 30. In this webinar Jaltech’s Gaurav Nair and Jonty Sacks dissect the Infinity Anchor Fund. The fund was the top performing Section 12J investment in 2019 and 2020. Infinity Anchor Fund invests into a portfolio of asset backed businesses which earn rental income from the leasing of movable assets such as fibre infrastructure, technology, equipment, machinery, vehicles etc. Investing in businesses which collect contractual cash flows, has allowed Infinity Anchor Fund to target a 6-monthly dividend payment to investors. For the current financial year, Infinity Fund Managers will be raising capital in Infinity Anchor Fund 2021 (FSP 49376), at a minimum investment value of R100,000. In order to assist taxpayers with making a Section 12J investment, Infinity Anchor Fund 2021 is able to facilitate funding of up to 95% of the investment amount. This means that a taxpayer who is looking to invest (as an example) R1m, will only need to contribute R50,000 (5%) before the end of June and still obtain the tax benefit on the total investment of R1m. Click here for more information.
