How to Invest
For all direct investments, complete the necessary forms (below) and email us the ‘Know Your Client’ (KYC) documents required by the Financial Intelligence Centre Amendment (FICA) Act. Your documents will be reviewed, and you will receive an Investor Number if all is in order. The final step is to transfer your investment directly to the bank account of the relevant fund using your allocated Investor Number as reference – it’s that simple. You will receive monthly statements (and an annual tax report) from the independent administrator (SANNE).
Our Protea South Africa and Protea Global SNN Retail Hedge Funds are available on the Momentum Wealth platform, while our Protea Worldwide Flexible SNN Qualified Investor Hedge Fund is available on the 27four Life and Hollard platforms for investment via endowment policies. All 3 our funds are also available via the Ashburton Equity-Linked Note and Absa LISP platforms. If you want to invest via a platform or endowment policy, please contact your financial advisor. You will not receive monthly statements from SANNE but may receive statements from the platform/advisor, depending on your arrangement with them.
Advisors can enter into an IFA agreement with SANNE directly – click here to download the application form.
SANNE is a leading global provider of alternative asset, corporate and private client administration and reporting services. Established for over 30 years and listed as a FTSE 250 company on the Main Market of the London Stock Exchange, SANNE employs more than 1,200 people worldwide and administers structures and funds that have in excess of £200 billion of assets. SANNE’s Management Company is a registered Collective Investment Scheme Management Company regulated by the Financial Sector Conduct Authority. Core deliverables of the Management Company are to ensure regulatory and mandate compliance of the portfolios and to perform an independent risk monitoring function. The Management Company maintains a strong internal control structure to minimise risk of operational and financial failure.
You need to complete an investor application form and a tax residency self-certification form.
Application Form – Protea Worldwide Flexible SNN QIHF
Application Form – Protea South Africa SNN RHF and/or Protea Global SNN RHF
Tax Residency Self-Certification Form: Individual
Tax Residency Self-Certification Form: Entity
If you qualify for an exemption from dividend withholding tax (DWT), e.g. a South African company or a non-South African resident, you need to fill out a DWT declaration form as well.
Send completed forms and required KYC documents to ProteaCapital@sannegroup.co.za and feel free to phone SANNE’s Investor Services Department on +27 (0) 21 402 1600 should you have any queries regarding the forms.
Other forms for specific use:
Additional investment form – Protea South Africa SNN RHF and/or Protea Global SNN RHF
Additional investment form – Protea Worldwide Flexible SNN QIHF
Investment Switch form – Protea South Africa SNN RHF and/or Protea Global SNN RHF
Investment Switch form – Protea Worldwide Flexible SNN QIHF
Transfer of ownership form Protea South Africa SNN RHF and/or Protea Global SNN RHF
Transfer of ownership form Protea Worldwide SNN QIHF
Redemption form – Protea South Africa SNN RHF and/or Protea Global SNN RHF
Redemption form – Protea Worldwide Flexible SNN QIHF
Change of Static Details form
– Benjamin Graham