Choosing a Fund
The first step in choosing a fund is to define the objective of investing. You should clearly decide why you want to invest. There are several schemes tailor-made to meet a range of personal financial goals.
1. COLLECTIVE INVESTMENT SCHEMES
Collective Investment Scheme (CIS) is an agreement through which assets are pooled. It provides an opportunity to investors to gain exposure to various asset classes. The underlying investments is managed by a regulated entity and the product offers investors an opportunity to diversify and spread their investment exposure.
Two distinct ranges of CIS funds are offered:
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The “Oasis Range” is a conventional range of CIS Funds managed in accordance with the respective fund mandates.
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The “Oasis Crescent Range” is a range of CIS Funds managed in accordance with the respective fund mandates which seek to provide an investment which meets the needs of investors seeking an Islamic Product. It is managed in accordance with the guidelines that have been established by the independent Shari’ah Advisory Board of Oasis.
SOUTH AFRICAN FUNDS
South African Funds | Debit Order | Lump Sum |
|---|---|---|
Short Term Saving | ||
Oasis Crescent Income Fund (Low Risk) | R500 | R2,000 |
Oasis Money Market (Low Risk) | R500 | R5,000 |
Short to Medium Term Saving | ||
Oasis Crescent Balanced Stable Fund of Funds (Low to Medium Risk) | R500 | R2,000 |
Oasis Balanced Stable Fund | R500 | R2,000 |
Medium Term Saving | ||
Oasis Crescent Balanced Progressive Fund of Funds (Low to Medium Risk) | R500 | R2,000 |
Oasis Balanced Unit Trust Fund (Low to Medium Risk) | R500 | R2,000 |
Oasis Bond Fund (Low to Medium Risk) | R500 | R2,000 |
Medium to Long Term | ||
Oasis Crescent Balanced High Equity Fund of Funds (Low to Medium Risk) | R500 | R2,000 |
Oasis Crescent International Feeder Fund (Medium to High Risk) | R500 | R2,000 |
Oasis Crescent International Property Equity Feeder Fund (Medium to High Risk) | R500 | R2,000 |
Oasis International Feeder Fund (Medium to High Fund) | R500 | R2,000 |
Long Term Saving | ||
Oasis Crescent Equity Fund (Medium to High Risk) | R500 | R2,000 |
Oasis Crescent International Balanced Low Equity Feeder Fund (Low to Medium Risk) | R500 | R25,000 |
Oasis General Equity (Medium to High Risk) | R500 | R2,000 |
Oasis Property Equity Fund (Low to Medium risk) | R500 | R2,000 |
Why to save or invest
Investing in a Collective Investment Scheme are generally medium to long-term investments.
In general Collective Investment Schemes fall into four general categories:
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Equity Funds invest in shares that represent equity in companies.
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Fixed-Income funds invest in government or corporate securities that offer fixed rates of return.
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Money Market funds invest in highly liquid institutional money market instruments.
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Balanced Funds invest in a combination of equity, fixed income and money market funds.
Key Features:
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Diversification
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Low Cost
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Convenience & Flexibility
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Liquidity
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Transparency
Kindly contact a Financial Advisor to assist in ensuring you make an informed decision.
GLOBAL FUNDS
Global Funds | Debit Order | Lump Sum |
|---|---|---|
Short Term Saving | ||
Oasis Crescent Short Term Income Fund (Low Risk) | USD1,000 or GBP1,000 | USD5,000 or GBP5,000 |
Oasis Crescent Global Income Fund (Low to Medium Risk) | USD1,000 or GBP1,000 | USD5,000 or GBP5,000 |
Medium Term Saving | ||
Oasis Crescent Variable Fund | GBP1,000 | GBP5,000 |
Oasis Crescent Global Low Equity Balanced Fund (Low to Medium Risk) | USD1,000 or GBP1,000 | USD5,000 or GBP5,000 |
Long Term Saving | ||
Oasis Crescent Global Equity Fund (Medium to High Risk) | USD1,000 or GBP1,000 | USD5,000 or GBP5,000 |
Oasis Global Equity Fund (Medium to High Risk) | USD1,000 or GBP1,000 | USD5,000 or GBP5,000 |
Oasis Crescent Global Property Equity Fund (Medium to High Risk) | USD1,000 or GBP1,000 | USD5,000 or GBP5,000 |
Oasis Crescent Global Medium Equity Balanced Fund (Low to Medium Risk) | USD1,000 or GBP1,000 | USD5,000 or GBP5,000 |
Why to save or invest
Our global offering is available to our SA and International clients. Offshore investing can help you diversify your portfolio.
It also allows an individual to take advantage of the Offshore annual allowance of R10 million per calendar year.
Key Features:
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Diversification
-
Low Cost
-
Convenience & Flexibility
-
Liquidity
-
Transparency
Kindly contact a Financial Advisor to assist in ensuring you make an informed decision.
2. TAX FREE SAVINGS ACCOUNT
Tax Free Savings Account | Debit Order | Lump Sum |
|---|---|---|
Oasis Crescent Balanced Stable Fund | R2,500 | R33,000 |
Oasis Crescent Income Fund | R2,500 | R33,000 |
Oasis Balanced Stable Fund | R2,500 | R33,000 |
Oasis Money Market Fund | R2,500 | R33,000 |
Why to save or invest
Tax Free Savings investments are not intended for short term savings. One does not pay any tax (income tax, dividends tax or capital gains tax) on the returns of your investment. Kindly contact a Financial Advisor to assist in ensuring you make an informed decision.
3. ENDOWMENTS
The Oasis Crescent Endowment policy is a tax efficient savings investment policy, purchased from Oasis Crescent Insurance Limited in the name of the Policyholder, within the framework of the Long-term Insurance Act, with maturity terms of 5, 10 and 15 years as well as a perpetual term option. At the end of the specified term the investment may continue, indefinitely and does not have to be surrendered, should the Policyholder so decide. The Product is managed in accordance with the guidelines that have been established by the independent Shari’ah Advisory Board of Oasis. These guidelines stipulate the exclusion of securities, whose primary business activities are non-permissible according to Shari’ah law, from the investment portfolios of the Oasis Crescent range of products. The Policy is a pure investment policy with no life cover.
Endowment Fund | Debit Order | Lump Sum |
|---|---|---|
Oasis Crescent Endowment Policy |
R500 |
R5,000 |
Oasis Crescent Property Endowment Policy (Medium Risk) | R1,000 | R50,000 |
Oasis Crescent Hajj Policy | R250 |
R2,000 |
Oasis Crescent Umrah Policy | R250 | R2,000 |
Why to save or invest
The Endowment Policy has been introduced with the intention of opening up an opportunity for individual investors to build up the funds that will become necessary for events later on in life. An overseas trip, university education, or simply to be able to have a little extra liquidity.
There are various portfolios available, as follows:
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High Equity Portfolio - New Moon
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Progressive Portfolio - Half Moon
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Stable Portfolio - Full Moon
The Oasis Crescent Property Endowment policy is a long-term savings and investment policy that has maturity terms of 10 or 15 years. It is suitable to those who seek exposure to diverse property related instruments, diversified long-term capital and income growth, Shari’ah compliant investment in property, regulated investment management practices, tax efficiency where income is taxed at more than 30%. Kindly contact a Financial Advisor to assist in ensuring you make an informed decision.
For those individuals planning for Hajj or Umrah. The Oasis Crescent Hajj Policy & the Oasis Crescent Umrah Policy takes the form of an endowment policy that encourages a disciplined approach to savings. Kindly contact a Financial Advisor to assist in ensuring you make an informed decision.
4. PRE-RETIREMENT
Pre-retirement fund | Debit Order | Lump Sum |
|---|---|---|
Oasis Crescent Retirement Annuity Fund |
R350 | R5,000 |
Oasis Crescent Preservation Pension Fund | N/A | R5,000 |
Oasis Crescent Preservation Provident Fund | N/A | R5,000 |
Oasis Crescent Retirement Fund | N/A | N/A |
Why to save or invest
A retirement annuity is a tax efficient way of saving for retirement. Investors can receive tax benefits by investing up to 27.5% of the higher of their taxable income or remuneration into retirement savings products (RAs, pension and/or provident funds). The tax-deductible amount is capped at R350 000 per year. Kindly contact a Financial Advisor to assist in ensuring you make an informed decision.
The Preservation Pension and Provident funds are designed for individuals in the event they have been dismissed, retrenched or resigned. It allows them to preserve and grow the proceeds from their previous company. Kindly contact a Financial Advisor to assist in ensuring you make an informed decision.
The Oasis Crescent Retirement Fund is a Provident Fund that is only available to Companies.
5. POST-RETIREMENT
Post-retirement fund | Debit Order | Lump Sum |
|---|---|---|
Oasis Crescent Pension Annuity | N/A | R500,000 |
Oasis Pension Annuity | N/A | R500,000 |
Why to save or invest
These products are only available to individuals that have retired and wants to transfer their retirement savings in order to receive a regular income through-out their retirement. Kindly contact a Financial Advisor to assist in ensuring you make an informed decision.