GRYPHON AFTER TAX RETURN CALCULATOR

This calculator is designed to enable investors to calculate the difference in yield between the Gryphon Dividend Income Fund and a money market alternative.

AFTER TAX CALCULATIONS
TERMS OF REFERENCE

Yield


Gryphon Dividend Income Fund: the default yield is the current yield of the C-Class, but this can be adjusted to a selected rate for a customised comparison.

Money Market Fund: the default yield is the current yield of the Gryphon Money Market, but this can be adjusted to a selected rate for a customised comparison




Income Tax Rate


Individuals: default rate is 45%

Companies: default rate is 28%

Either of these can be adjusted to a selected rate for a customised comparison.




Dividend Withholding Tax Rate


Dividend Withholding Tax is paid directly to SARS on the investor’s behalf. The default rate for individuals and trusts is 20%. This can be customised should exemptions or reduced rates apply.





Yield


Gryphon Dividend Income Fund: the default yield is the current yield of the C-Class, but this can be adjusted to a selected rate for a customised comparison.

Money Market Fund: the default yield is the current yield of the Gryphon Money Market, but this can be adjusted to a selected rate for a customised comparison




Income Tax Rate


Individuals: default rate is 45%

Companies: default rate is 28%

Either of these can be adjusted to a selected rate for a customised comparison.




Dividend Withholding Tax Rate


Dividend Withholding Tax is paid directly to SARS on the investor’s behalf. The default rate for individuals and trusts is 20%. This can be customised should exemptions or reduced rates apply.





T. +27 21 915 5100

F. +27 21 915 5111

E. invest@gryphon.com

www.gryphon.com

 

1st Floor, Bonitas Office Park East, Southgate,

Tyger Waterfront, Carl Cronje Drive,

Tyger Valley, Bellville, 7530

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