South African products aim for tax and cost efficiency

RMB Private Bank has introduced two five-year tax-efficient hedge fund-based structured products for South African investors, the Hedge Fund-Enhanced Top 40 Index Plan and the Hedge Fund-Enhanced Off Shore Plan.Both of these solutions are capital-preservation products offering exposure to the low volatility Mayibentsha fund of hedge funds as the ‘low-risk’ asset, plus equity participation in the FTSE/JSE Top 40 Index and US investment trust, Berkshire Hathaway, respectively. Both rand-based pro