Why a Second Onyx Product And What Is The Difference

While Everest’s 12.8% product offers a 10% bonus at the end of year five, which may yield slightly more over the long term, the 14.2% product is designed for people who:

• Want maximum annual income from day one. They need the inflation protection now, they can't wait.

• May not be willing or able to wait five years to unlock a bonus.

• Need stable cash flow now to supplement retirement, business cash flow, or lifestyle needs.

 

Who Is This Product Designed For?

 

This product is ideal for investors who:

• Have capital of R100,000 or more to invest.

• Are looking for fixed, non-market-linked growth.

• Need a higher income now, rather than waiting for long-term performance bonuses.

• Are willing to commit their funds for 5 years or more.

• Prefer predictability and tax efficiency over volatility.

- Want to pay dividend tax instead of income tax

- Want 100% allocation of funds, do not want to pay a percentage off to the advisor 

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Typical clients include:

• Business owners and professionals who want their capital to work immediately.

• Retirees who value income now rather than deferred bonuses.

• Investors looking to diversify into a high-yield, fixed-return investment without market exposure.

- People who had a capital event and want to convert capital into income