Unclaimed Benefits


Fund costs and fees

There is no minimum value on the lump-sum amount that will be accepted.

Fund fees include

1.15% acceptance fee,
including VAT.
Annual administration fee of 1.15%,
including VAT*.
Dissolution/distribution fee of 1.15%,
including VAT.

*The administration fee is calculated by applying the referenced percentage to the market value of the underlying assets at the end of each day,
and taking 1/365th thereof. The fees are accrued daily and recovered monthly in arrears from the underlying assets.

Tracing fees

Tracing works on a no-trace-no-fee basis. The tracing fee varies depending on the provider utilised, but ranges from R5 to R1 500 depending on the phase and specific requirements. The tracing fee is deducted from the amount distributed.