GRYPHON DIVIDEND INCOME FUND YIELD COMPARISON

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

TERMS OF REFERENCE

Yield

Gryphon Dividend Income Fund: the default yield is the current yield of the C1 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.

All calculations made on calculators supplied on the Gryphon site, as well as rates quoted and future stated values, are guidelines only and are subject to confirmation at the time of finalising any transaction. Gryphon cannot be held accountable for any values entered by the user. Gryphon does not guarantee projected benefits; any projections are merely intended to assist in planning. While Gryphon’s projections take historical returns and current yields into account, future market returns, and yields are uncertain. Past performance does not indicate future performance.

The user indemnifies Gryphon against any loss or liability, of whatsoever nature, that may be caused or brought about, directly or indirectly, which the user may suffer as a result of the use of this calculator. The information provided on this site should not be treated as financial, legal or tax advice of any kind.

T. +27 21 915 5100

F. +27 21 915 5111

E. invest@gryphon.com

www.gryphon.com

 

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Tyger Waterfront, Carl Cronje Drive,

Tyger Valley, Bellville, 7530

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