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LIFE INSURANCE COMPANIES

Allan Gray Life Ltd

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Tel: +27 21 415 2300
Fax: +27 21 415 2400
Address:
Granger Bay Court
Beach Road
V&A Waterfront
Cape Town
8001
Postbox:
PO Box 51318
V&A Waterfront
Cape Town
8002
South Africa
Scope:
Eastern Cape, Free State, Gauteng, KwaZulu-Natal, Mpumalanga, North-West, Northern Cape, Northern Province, Western Cape.

Allan Gray Life Limited, an insurer registered under the Long Term Insurance Act of 1998 and a wholly-owned subsidiary of Allan Gray Limited, was established with the primary objective to offer pooled portfolios that would allow a wider range of clients access to Allan Gray's investment management services.

Institutional funds who do not qualify for the segregated minimum of R 200 million can invest in these portfolios offered in the form of linked fund policies. The minimum portfolio size is R 20 million per client.

From The Glossary »

Retirement Annuity Fund:

Any fund (other than a pension fund, provident fund or benefit fund) which is approved by the Commissioner of Income Taxes, or, in the case of any such fund established on or after 1 July 1986, is registered under the provisions of the Pension Funds Act. A fund recognised by the South African Revenue Services for tax purposes that provides individuals benefits similar to those provided by a pension scheme.
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