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Start Saving Smarter with a Anchor Tax-Free Savings Account

Pay zero tax on your growth. Build real wealth, faster — with the right structure from day one.

GET STARTED

Your First Investment Account Should Be Tax-Free

A TFSA is the ultimate beginner-friendly account. It’s simple, flexible, and powerful:

  • You pay zero tax on Capital Gains Tax, Dividend Withholding Tax and Interest Income Tax.

  • Withdrawals are allowed — but using your TFSA for long-term investing unlocks the real benefit of tax-free compounding

A TFSA is designed to help you build meaningful long-term wealth, making it one of the best places to begin your investment journey.

How Does a TFSA Work?

Understand the Rules — and How to Maximise Them

  • You can invest up to R36,000 per year, and R500,000 in total over your lifetime
  • If you exceed these limits, SARS charges penalties — we help you stay within the lines
  • Withdrawals are allowed, but withdrawn amounts don’t reset your limits
  • The earlier you start, the more powerful your compounding growth becomes

We’ll help you manage your contributions and select the right investments within your TFSA.

If you start at 25 and invest R2,000/month ,

You could have R0 by age 65.

 

(Assuming 10% annual return, compounded monthly)

What Can You Invest In?

Choose Growth. Choose Quality.

Through Anchor, your TFSA isn’t just sitting in cash. You can access:

  • Diversified, well-managed unit trusts
  • Equity and balanced strategies designed for long-term growth
  • Investments aligned with your risk profile and goals

We tailor your portfolio to grow efficiently, tax-free.

ANCHOR BCI GLOBAL EQUITY FEEDER FUND

This 2020 Raging Bull Award-winning fund’s objective is to provide long-term capital growth achieved through direct investment into the FSCA-approved, Ireland-domiciled Anchor Global Equity Fund.

ANCHOR BCI WORLDWIDE FLEXIBLE FUND

The fund aims to provide investors with a moderate to high long-term total return by way of a worldwide flexible portfolio actively investing across different asset classes.

Frequently asked questions

Want to find out more?

Yes, you can access your money at any time with no penalties. But: Withdrawals don’t reset your contribution limit, so only take money out if you really need to.

SARS charges a 40% penalty on any contributions over the annual or lifetime limits. But don’t worry — we’ll guide you and help you avoid this.

No. A bank savings account offers interest only, while a TFSA can be invested in unit trusts, equities, and other growth assets — which usually outperform cash over time.

We offer a a curated range of unit trusts and ETFs tailored for your risk profile and goals — including offshore exposure and long-term growth strategies.

Contact Us

Speak to a wealth manager today

Speak to a wealth manager to discuss your retirement goals.

WEBINAR | The Navigator – Anchor’s Strategy and Asset Allocation, 2Q24

Anchor CEO and Co-CIO Peter Armitage will host the webinar, provide an introduction to current global and local market conditions and give his thoughts on offshore equities. Together with Head of Fixed Income and Co-CIO Nolan Wapenaar, Pete will also discuss Anchor’s strategy and asset allocation for 2Q24, focusing on global equities and bonds. In addition, Fund Manager Liam Hechter will provide insights into local equities, highlighting some investment ideas; Global Equities Analyst James Bennet will discuss Ferrari and give an update on Tesla, and finally, Analyst Thomas Hendricks will participate in a Q&A with Peter, explaining the 10-year US Treasury to attendees.