FAQs
Is Ridgetop Investment Managers a licensed financial services provider?
Yes. Ridgetop Investment Managers (Pty) Limited was established in 2006 by Michael Shacklock and Anthony Smith and holds a category II (discretionary) license from the Financial Sector Conduct Authority.
Does Ridgetop Investment Managers follow an investment process?
Yes. Selecting a portfolio of the best managed investment funds for an investor’s risk profile and objectives can be a daunting and time-consuming task. We deliver specialised knowledge and a disciplined investment process to provide clients with a range of portfolios designed to meet their investment objectives and plans. We offer a choice of model portfolios, bespoke unit trust funds and segregated share portfolios designed to meet the client’s unique requirements and investment objectives.
Does Ridgetop Investment Managers manage investment model portfolios?
Yes. Investment model portfolios are designed to meet the investment objectives, and to consider the risk profile, of investors. Investors can select between locally managed portfolios or offshore portfolios. The objective is to allocate a suitable model portfolio for the required return and risk profile of the investor.
How much am I allowed to invest offshore?
The South African Reserve Bank currently permits direct offshore investments of R1 million per annum without a Tax Clearance Certificate. For investments in excess of R1 million (not exceeding R10 million), we are able to facilitate the application of your Tax Clearance Certificate as well as the Forex transfer on your behalf.
What offshore investment platforms does Ridgetop Investment Managers utilise?
We transact for our clients through four offshore investment platforms: Allan Gray Offshore, Momentum Wealth International, Glacier International, and Credo Wealth, providing access to a worldwide network of international mutual funds (unit trusts), ETFs and direct share holdings via all the major stock exchanges in Europe and the USA on an execution-only basis.
Will I be able to monitor my offshore portfolio?
Yes. Clients can register online and monitor their portfolio with our product providers. However, we encourage our clients to give us a call any time they have a query about their portfolio – we’re here to provide advice and help guide you on your investment journey.
I’m interested in investing locally; what is the minimum investment amount?
No minimum investment amount is required, apart from those imposed by the product providers. However, how much you invest depends on what you want to achieve. (Hint: the more you save, the more you save.)
Does Ridgetop Investment Managers advise on medical aid schemes?
Ridgetop Investment Managers (Pty) Limited is accredited by the council for medical schemes and is able to advise you on an appropriate plan.