Section 12J – The “fund”amentals of Section 12J
The attractiveness of a Section 12J investment is largely dependent on the investment fundamentals, such as historic performance and the nature of the underlying investments.
The attractiveness of a Section 12J investment is largely dependent on the investment fundamentals, such as historic performance and the nature of the underlying investments.
Recent proposals to cap the amount that high net worth individuals and corporates can invest in Section 12J schemes will stifle an initiative to grow small business.
Starting out with only a few Section 12J funds, there has been a significant growth of funds and there are already over 100 Section 12J funds in the SA market.
Individuals and trust investors in the METTA Capital portfolio will receive a 45% tax break in the year of investment, which is expected to mature in seven years.