Sygnia Stargazer Tax Free Savings Account
Save for your child’s future.
Why does my child need a tax-free savings account?
Getting started is the toughest part of saving for your child’s future, which is why we’ve created the Sygnia Stargazer Tax Free Savings Account. It’s child’s play to open, puts you in control and delivers sophisticated portfolio management at a fraction of the price.
Choose from one of three portfolios:
Sygnia Stargazer Eco
Invest sustainably. Your globally diversified portfolio is designed to optimise financial returns while investing in companies that take into consideration environmental and societal factors – such as cleantech innovation, fair labour standards and low carbon emissions.
100% offshore
Focus: Growth
100% strategic allocation to global equities
Sygnia Stargazer Tech
Invest in the future of wealth. Your globally diversified portfolio focuses on the most dynamic companies in the future technologies sector and invests in robotics, cybersecurity, autonomous vehicles, nanotechnology, virtual reality, genetic engineering and clean energy.
100% offshore
Focus: Growth
100% strategic allocation to global equities
Sygnia Stargazer Moderate
Invest for growth and stability. Your portfolio limits the impact of market volatility while still delivering growth. This is a perfect option for investors with a short investment horizon and/or preference for low volatility.
Mixture of global and domestic assets
Focus: Consolidation
Allocation to equities, bonds and money market assets to offset risk and reward
Designed by parents, for parents
Three portfolios
A choice of three portfolios focused on the most dynamic sectors of the economy.
Friends and family
Your family and friends can also help you invest.
R500 p/m
Minimum of R500 p/m if you contribute via a monthly debit order.
Regular updates
Regular portfolio updates keep you 100% in the loop.
Iva Madjarova, Head: Institutional Business
“We’re not just investment professionals, we’re moms and dads, too. This was a labour of love for us. We all know someone who would benefit from a Sygnia Stargazer Tax Free Savings Account, and we can’t wait to share it with you.”
Ready to apply?
Here is what you need:
Copy of your South African barcoded ID
Or valid passport if a foreign national
Proof of bank details
Copy of your child’s birth certificate
Real people. Real questions.
Can I open a joint Sygnia Stargazer Account for both my children?
You cannot open a joint Sygnia Stargazer Tax Free Savings Account, but it’s easy to open two accounts at the same time, so don’t let that stop you – and we are here to help with the details.
Does the Sygnia Stargazer Tax Free Savings Account have a finite lifespan?
No. Once a Sygnia Stargazer, always a Sygnia Stargazer. The account can be kept for the rest of your child’s life.
Can I add different funds to the Sygnia Stargazer Tax Free Savings Account?
Short answer – no. We have designed the Sygnia Stargazer Tax Free Savings Account to be the most effective and efficient one-stop solution to a parent’s needs. To deliver results in today’s volatile market at the lowest fees possible, we don’t currently offer customisation.
Does the Sygnia Stargazer Tax Free Savings Account get taxed?
Great question! The account is structured as a Tax Free Savings Account so the first R36 000 deposited in any one year and/or the first R500 000 over the lifetime of the account will automatically be deposited in this account.
Who can open a Sygnia Stargazer Tax Free Savings Account?
Any parent or legal guardian can open a Sygnia Stargazer Tax Free Savings Account for a minor with a valid South African form of identification with an identity number, e.g. a birth certificate. The account will be in the child’s name, but the parent (or any other benefactor) is the “payer”. Any money withdrawn from the child’s Sygnia Stargazer Tax Free Savings Account will be paid into the bank account of the contracting party – in other words, into the child’s bank account.
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Hear what our clients have to say about their experiences with Sygnia.
Need help? We are here.
Send us a message
Contact our support centre via admin@sfs.sygnia.co.za and we’ll get back to you as soon as possible. During business hours, we generally respond within 48 hours.