SFP Wealth Ceres

19/05/2026

10/05/2026

Geseënde Moedersdag aan al ons kliënte. Mag hierdie dag gevul wees met vreugde, liefde en kosbare oomblikke saam met jul geliefdes.
Martin & Daniel Behm

01/03/2026

Global uncertainty isn’t slowing down and smart investors aren’t standing still.

With escalating tensions in the Middle East, ongoing conflict in Eastern Europe, and economic rivalry between the United States and China, markets remain volatile and unpredictable.
This is exactly when disciplined, long-term investors position themselves strategically.

Gold has historically played a powerful role during periods of geopolitical stress, inflation, and currency weakness. But it’s important to understand: investing in a gold fund is not a short-term trade , it’s a long-term strategic allocation designed to strengthen and stabilise your portfolio over time.

The goal isn’t to chase headlines, it’s to build durability into your wealth plan for the years ahead.

If your portfolio isn’t positioned for long-term global uncertainty, now is the time to review it.
Let’s structure your exposure correctly with a long-term strategy aligned to your financial goals.

26/02/2026

Important Tax Updates Effective 1 March 2026

Government has announced significant increases to key investment limits, creating valuable opportunities for investors and individuals planning for retirement.

From 1 March 2026:

• The annual Tax-Free Investment contribution limit will increase from R36 000 to R46 000 per year.
• The maximum allowable contribution towards a Retirement Annuity will increase from R350 000 to R430 000 per year.

These changes provide meaningful advantages:

The ability to invest more each year without paying tax on growth, interest, or dividends within your Tax-Free Investment.

The opportunity to claim larger tax deductions through increased Retirement Annuity contributions.

Greater long-term compounding potential, which can significantly improve retirement outcomes.

Enhanced flexibility in structuring your annual tax planning strategy.

With proper planning, these increased limits can strengthen both your short-term tax efficiency and your long-term wealth creation strategy.

Now is the ideal time to review your current investment and retirement structures to ensure you are positioned to fully benefit from these changes in the 2026 tax year.

Contact us to discuss how to incorporate these new limits into your financial plan, and stay connected to our page for further updates and important financial insights.

19/11/2025

Uittree-Anuïteit vs Diskresionêre Belegging (Suid-Afrika)

Wanneer jy vir langtermyn rykdom beplan, moet jy dikwels besluit hoeveel van jou geld na ’n Uittree-Anuïteit (UA) en hoeveel na ’n Diskresionêre Belegging gaan. Albei werk goed, maar die reëls verskil drasties.

1. Wetlike Raamwerk

Uittree-Anuïteit (UA)

Spesifiek ontwerp vir aftree-spaar
Streng reëls oor bydraes, toegang en Regulasie 28

Diskresionêre Belegging

Nie aan aftree-wetgewing gebonde nie
Werk onder gewone beleggings en belastingwette
Sluit ETF’s, aandeleportefeuljes en buitelandse platforms in
Geen beperkings op bydraes, onttrekkings of beleggingskeuses

2. Belastingbehandeling

Uittree-Anuïteit - Voordele

Belastingaftrekkings op bydraes: tot 27.5% van belasbare inkomste (maks R350k per jaar)
Geen belasting binne die UA: geen inkomstebelasting, geen dividendebelasting, geen KWB
By aftrede: 1/3 van waarde kan kontant geneem word met R550 000 belastingvry, daarna word die balans van kontant belas.

Uittree-Anuïteit - Nadele

Jou pensioeninkomste word teen jou marginale belastingkoers belas
Belastingvoordele bou oor tyd op - nie geskik vir korttermyn toegang nie

Diskresionêre Belegging — Voordele

Volle buigsaamheid , jy kan enige tyd geld onttrek
Slegs beleggingsgroei word belas
KWB is gunstiger: net 40% van die wins word belas, eerste R40 000 per jaar is vrygestel

Diskresionêre Belegging - Nadele

Geen belastingaftrekkings op bydraes
Dividendebelasting van 20%
Elke verkoop of herbalansering kan KWB aktiveer
Langtermyn belastinglas verminder jou groeipotensiaal

3. Toegang tot Fondse

Uittree-Anuïteit

Fondse gesluit tot ouderdom 55

By aftrede:

1/3 kontant
2/3 moet ’n annuïteit koop
Bevorder dissipline, maar beperk buigsaamheid

Diskresionêre Belegging

Heeltemal likied
Ideaal vir mediumtermyn doelwitte of noodgevalle
Geen boetes of regulatoriese beperkings

4. Beleggingskeuses

Uittree-Anuïteit

Moet aan Regulasie 28 voldoen (limiete op aandele en buitelandse blootstelling)
Verskaf gebalanseerde, risiko beheerde portefeuljes
Beperk hoë-risiko

Diskresionêre Belegging

Geen Regulasie 28
100% aandele, 100% buiteland of alternatiewe bates
Perfek vir beleggers wat globale diversifikasie of aggressiewe groei soek

5. Boedelbeplanning

Uittree-Anuïteit

Vorm nie deel van jou boedel nie
Trustees besluit oor uitbetalings en prioritiseer afhanklikes
Gewoonlik beskerm teen skuldeisers

Diskresionêre Belegging

Vorm deel van jou boedel
Onderhewig aan eksekuteursfooie, boedelbelasting en KWB op afsterwe
Jy behou volle beheer via jou testament

6. Opsomming

Uittree-Anuïteit

✔ Baie goed vir langtermyn aftreebeplanning
✔ Maksimeer belastingvoordele en belastingvrye groei
✖ Beperkte toegang
✖ Regulasie 28 beperk beleggingsvryheid

Diskresionêre Belegging

✔ Uiters buigsaam en toeganklik
✔ Ideaal vir aandele en/of buitelandse blootstelling en mediumtermyn doelwitte
✖ Geen belastingaftrekkings
✖ Groeipotensiaal kan deur belasting vertraag word

13/11/2025

Understanding Allan Gray’s Core Funds

Allan Gray offers a range of unit trusts designed to meet different investor needs and risk profiles. Three of their most widely used options are the Equity Fund, Balanced Fund, and Interest Fund. Each serves a distinct purpose within a diversified investment strategy.

Allan Gray Equity Fund

This fund is focused primarily on shares, aiming to deliver long-term capital growth by investing in companies the investment team believes are undervalued. It suits investors with a higher risk tolerance and a long investment horizon, typically five years or more. The fund follows Allan Gray’s well known value-based approach, which seeks to buy quality businesses at attractive prices and hold them until their true value is reflected.

Allan Gray Balanced Fund

The Balanced Fund blends shares, bonds, property, and cash to provide a balance between growth and stability. It is Regulation 28 compliant, making it suitable for retirement savings. The fund aims to deliver steady, inflation beating returns over time while managing risk through active asset allocation. It is ideal for investors who want exposure to growth assets but prefer a smoother investment journey than pure equity investing.

Allan Gray Interest Fund

This fund invests in money market instruments, bonds, and other income generating assets, aiming to preserve capital and deliver a return above short term cash rates. It suits more conservative investors or those looking to park funds temporarily while earning a steady income. The Interest Fund can also serve as the defensive component of a broader portfolio.
Together, these three funds offer a complete set of building blocks for investors, from capital preservation to balanced growth and long-term equity exposure. The right combination depends on your goals, time frame, and comfort with risk.

If you want to review which Allan Gray funds best fit your financial plan, let’s schedule a discussion to align your investments with your objectives.

18/10/2025

📈 Allan Gray Equity Fund

One of South Africa’s leading unit trusts, designed for investors who want strong equity exposure and are willing to commit for the long haul.

🔍 What it does:

Invests mainly in shares listed on the JSE, with up to 45% allowed offshore.
Follows a value-based strategy: buying undervalued companies and holding them until they reach fair value.
Actively managed.

📊 Annualised returns (net of fees, as at 31 August 2025):

1 year: 22.7%
3 years: 17.7%
5 years: 17.4%
Since inception (Oct 1998): 19.2%

✅ Why consider it:

Long track record of strong returns
Diversification across sectors and offshore assets
Suitable for long-term investors seeking equity growth

⚠️ Things to keep in mind:

Equities are volatile — short-term ups and downs are part of the journey
Not ideal for short-term needs
Higher fees than passive funds
Past performance does not guarantee future returns

22/09/2025

Hoekom dit belangrik is om 'n begunstigde op jou lewenspolis te noem:

Baie mense neem lewensversekering uit om seker te maak hul geliefdes is finansieel versorg indien iets met hulle sou gebeur. Maar min mense besef hoe belangrik dit is om 'n begunstigde aan te dui op daardie polis, en wat die reglike gevolge kan wees as jy dit nie doen nie.

Wanneer jy 'n begunstigde noem:

Die uitbetaling van die polis gaan direk aan die persoon of persone wat jy aangedui het.

Die geld gaan nie deur jou boedel nie, wat beteken dit word nie opgehou deur die proses van boedelbereddering nie, wat maande of selfs jare kan neem.

Eksekuteursfooie word nie gehef op daardie bedrag nie, wat beteken meer van die geld gaan na jou geliefdes.

Jou familie het vinnige toegang tot fondse vir nooduitgawes soos begrafniskoste, skuld en lewenskoste.

Wanneer jy geen begunstigde noem nie:

Die polisuitbetaling gaan na jou boedel en moet deur die meester van die hof goedgekeur word.

Jou familie sal moontlik lank moet wag voordat hulle enige geld kan ontvang.

Die bedrag is onderhewig aan eksekuteursfooie en moontlike eise van skuldeisers.

Belangrik: Selfs al noem jy iemand in jou testament, sal die naam op die polis voorrang hê. Die polis is 'n kontrak op sy eie en word apart van die testament hanteer.

Wat moet jy doen?
Gaan jou lewenspolis na en maak seker daar is 'n begunstigde aangedui.
Bevestig dat die persoon se besonderhede korrek en op datum is.
Hersien dit gereeld, veral na groot lewensveranderings soos trou, geboorte of egskeiding.

Dis 'n eenvoudige administratiewe stap wat groot wetlike en finansiële voordele inhou. Maak seker jou polis weerspieël jou werklike wense en dat die mense vir wie jy omgee, beskerm is.

Jou nalatenskap begin met ‘n naam.

04/08/2025

Importance of Gap Cover in South Africa:

Gap cover is a short-term insurance policy designed to protect you from unexpected medical expense shortfalls that your medical aid doesn't fully cover. Here’s why it’s important:

✅ 1. Covers Specialist Shortfalls
Medical aids often pay doctors and specialists at 100% or 200% of the medical scheme rate — but many charge up to 500%. Gap cover pays the difference, so you’re not left with a large bill.
✅ 2. Covers Hospital Co-payments
Certain procedures (like scopes or MRIs) come with a co-payment, even in hospital. Gap cover helps you avoid these out-of-pocket costs.
✅ 3. Protects Against Unexpected Costs
Emergency surgeries, cancer treatment, or ICU stays can lead to hefty bills not fully covered by medical aid. Gap cover steps in where your medical aid stops.
✅ 4. Affordable Peace of Mind
Gap cover premiums are relatively low compared to the risk of paying tens of thousands in medical shortfalls.

Bottom line: If you’re on a medical aid, gap cover is not a luxury — it’s a necessity in South Africa’s rising private healthcare system.

01/07/2025

Verstaan ‘Goedere in die Oopte’ Dekking:

Baie besigheidseienaars besef nie dat hul korttermynversekeringspolis nie outomaties dekking bied vir goedere wat buite gestoor word nie, tensy dit spesifiek in die polis en skedule aangedui is.

Wat beteken “Goedere in die Oopte”?

“Goedere in die oopte” verwys na enige voorraad, materiaal of toerusting wat buite ‘n volledig geslote en beveiligde gebou gestoor word.
Dit sluit in:

•Voorraad in oop stoorareas of erwe
•Produkte op buitelugvertoon
•Landboutoerusting of oeste wat nie onderdak is nie

❗Waarom is dit belangrik?

Versekeringsmaatskappye sien hierdie tipe goedere as hoër risiko, aangesien dit makliker blootgestel is aan:

•Weerskade (reën, hael, wind, son)
•Diefstal en vandalisme
•Brandgevare of omgewingsrisiko’s

As jou polis nie spesifiek melding maak van hierdie tipe dekking nie, kan eise afgekeur word indien iets met die goedere gebeur terwyl dit in die oopte is.

Evalueer jou risiko: Maak ‘n lys van alle goedere of toerusting wat gereeld buite gestoor of vertoon word.
Kontroleer jou polisskedule: Maak seker “goedere in die oopte” word gespesifiseer met ‘n toepaslike versekerde bedrag.