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Sanlam Wealth Accumulator Plan

To help you to provide for your future generations and give you peace of mind

An offshore plan that provides intergenerational wealth transfer with investment options designed to manage the risk of investing in global markets.

It is good to know that the wealth you have accumulated will be available for future generations. This plan will help give you peace of mind knowing that your wealth will be preserved so that your beneficiaries will be taken care of when you are gone.

Investing offshore through a trust structure established in Bermuda provides stability and the opportunity to build a nest egg for future generations or for you should you need it.

There are of course risks to investing in the global markets, but this plan offers investments designed to help manage that risk.

Benefits of Offshore Investing

Investing away from your own country of residence can have significant benefits, with many people choosing Bermuda

It is important to know that future generations will be provided for with the wealth you have accumulated. Offshore investing via a trust structure allows the beneficiaries designated by you to receive your assets without going through a possibly lengthy and expensive probate.

Investments are held by a sub-trust formed in Bermuda on behalf of each investor, which ensures that all investments will be safeguarded and governed by applicable Bermuda law.

Each sub-trust is a separate legal entity, and as such, its assets are effectively insulated from the general creditors of the trustee or other sub-trusts.

As investments are held by a trust through a trustee, confidentiality is protected, while the power to designate a beneficiary remains in the hands of the plan holder.

Assets in the plan are linked to a segregated account. The ability to maintain assets in a segregated account can be a very valuable tool as it insulates the assets from creditors of the company and other segregated accounts.

It is important to know that investments in the Plan are held in sub-trusts governed by the laws of Bermuda, a politically stable jurisdiction recognized as a premier blue-chip international business center.

The Bermudian trust and financial services industry goes back almost one hundred years. Their deep and wide experience helps investors from around the world.

The business environment is particularly well-attuned to the finance sector as a result of the island’s long-term policy of promoting itself as an international financial centre, accompanied by a well-developed regulatory structure, including the Bermuda Monetary Authority (the regulator of Bermuda's financial services sector).

Bermuda has followed Western European standards in terms of its business and communications infrastructure. The financial security and political and economic stability of Bermuda, allows investors the opportunity to diversify the location of their assets in times of economic and geopolitical risk.

In addition to the benefits of offshore investing through a Bermuda trust, the Plan also provides some exceptional features

Benefits of the Sanlam Wealth Accumulator Plan

In addition to the benefits of offshore investing through a Bermuda trust, the Plan also provides some exceptional features.

The plan provides a simple solution that allows the transfer of never less than your investment amount between generations, safeguarding your wealth.

(The amount transferable on the death of the last surviving plan holder is either the amount invested into the plan (reduced proportionally by withdrawals) or the plan value on the next valuation date following notification of a withdrawal due to death– whichever is greater.)

The Plan is made available by Sanlam Global Investment Solutions, Ltd., a member of Sanlam Group, and the services of world class companies are included in the Bermuda trust structure.

Sanlam is a leading financial services group with a market cap of over US$ 13 billion, over US$ 65 billion in AUM and a AA- Fitch rating. For nearly 100 years Sanlam has provided financial solutions to individual and institutional clients across the globe. Since it was established in 1918, Sanlam has grown into a diversified financial services group, offering clients a journey for life for their financial needs.

The custodian of the assets in each sub-trust is HSBC Bank Bermuda Limited and the trustee is Appleby Services (Bermuda) Ltd.

  • HSBC is one of the world’s largest banking and financial services organisations with around 48 million customers. It has over 100 years of global custody experience.
  • The Appleby Group is one of the world’s largest providers of offshore legal, fiduciary and administration services as ranked by The Lawyer 2013 Offshore Survey

The investment options available are the Sanlam Smooth Portfolios.

  • Sanlam Smooth Portfolio – Preserver
  • Sanlam Smooth Portfolio – Accumulator

The Portfolios provide investors with global market exposure with 2 risk management strategies built in:

Sanlam Managed Risk

A long-term investment strategy designed to reduce volatility and the impact of significant and sustained market declines. It also allows dynamic participation in rising market.


Designed around investors’ capacity for loss.
The aim is to prevent the Portfolio’s value from declining past predetermined levels (“Floor”) from a high watermark (Preserver aims to maintain a minimum of 85% of the portfolio value from a previous high watermark and Accumulator a minimum of 75%)

These investment options are designed to provide investors with two levels of risk/reward.

* Capacity for loss does not provide a guarantee of capital, performance or minimum portfolio value. Although the portfolio is managed to not fall below the minimum portfolio value, there is no guarantee that a portfolio will achieve its objective and not lose more than its designated predetermined level (Floor).

Plan Facts

Plan information

  • Term: No fixed term, open-ended product
  • Minimum investment: US$ 100,000
  • Maximum investment: US$ 1,000,000
  • Additional investments: US$ 100,000; up to a total per Plan US$1,000,000
  • Currency: USD investment only
  • Plan holders (owners): Individual (Single or Joint)
  • Maximum age of each Plan holder at entry : 70
  • Plan structure: Bermuda Trust Participation
  • Custodian: HSBC Bank Bermuda Limited
  • Trustee: Appleby Services (Bermuda) Ltd.
  • Wealth Transfer Benefit: Contractually provided by Sanlam Global Investment Solutions


Annual plan fee: 2.75%


Access to funds is available subject to a redemption fee for withdrawals in excess of 10% of an investment as follows:

Year 1 2 3 4 5
Redemption Fee 6.0% 5.0% 4.0% 3.0% 2.0%

No redemption fee will apply to withdrawals on the death of the last surviving Plan holder.


Sanlam Wealth Accumulator Plan - Brochure Download PDF
Sanlam Wealth Accumulator Plan - Features Download PDF
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