SAQA All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.
SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD: 

Analyse the role of international investment in wealth management 
SAQA US ID UNIT STANDARD TITLE
242563  Analyse the role of international investment in wealth management 
ORIGINATOR
SGB Insurance and Investment 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 03 - Business, Commerce and Management Studies Finance, Economics and Accounting 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 5  Level TBA: Pre-2009 was L5 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Reregistered  2018-07-01  2023-06-30  SAQA 06120/18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2024-06-30   2027-06-30  

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.  

This unit standard does not replace any other unit standard and is not replaced by any other unit standard. 

PURPOSE OF THE UNIT STANDARD 
This Unit Standard is intended for learners who advise clients on existing collective investment portfolios. It is applicable to Fund Managers and Administrators, Broker Consultants, Employee Benefits Consultants and Emigration Consultants and Intermediaries and learners who require Category I licensing under the Financial Advisory and Intermediary Services Act (FAIS).

The qualifying learner is capable of:
  • Demonstrating knowledge and insight into vehicles available for offshore investment.
  • Distinguishing between investing offshore through a managed investment vehicle and direct offshore investment vehicle.
  • Analysing the effects of financial indicators on international investments.
  • Analysing the application of international asset classes to financial planning. 

  • LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    It is assumed that learners are competent in Communication and Mathematical Literacy at NQF Level 4. 

    UNIT STANDARD RANGE 
    The typical scope of this Unit Standard includes, but is not limited to:
  • Recommendations for offshore investments may be suggestions for wealth management or retirement funding.
  • Risk factors of the four asset classes include geographical, currency, inflation, interest rates, political and legal factors.
  • Products should include reference to the Euro; Pound; Dollar and the Pacific Rim.
  • Vehicles available for offshore investments include, but are not, limited to, domestic and offshore Collective Investments, annuities, linked products, life wrap products, feeder funds, international Rand denominated funds and mutual funds.
  • Currency includes, but is not limited to, Dollar, Pound, Euro, Yen and Yuan. 

  • Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Demonstrate knowledge and insight into vehicles available for offshore investment. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Three offshore investment vehicles are analysed and compared in terms of their objectives, risk factors, income tax, goals and whether foreign exchange is required, asset allocation spread. 

    ASSESSMENT CRITERION 2 
    An offshore investment is recommended based on an investment needs analysis with specific reference to the compatibility of the products, risk and the client's risk profile. 

    SPECIFIC OUTCOME 2 
    Distinguish between investing offshore through a managed investment vehicle and direct offshore investment. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    The concept of a managed offshore investment vehicle is explained with reference to the currency of the investment and when direct management is appropriate. 

    ASSESSMENT CRITERION 2 
    The concept of direct offshore investment is explained with reference to when direct management is appropriate. 

    SPECIFIC OUTCOME 3 
    Analyse the effects of financial indicators on international investments. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    The effects of currency, interest rate, exchange rate and inflation on offshore investment are analysed for a specific portfolio. 

    ASSESSMENT CRITERION 2 
    The possible effects of changes in major resource prices on offshore investments are analysed with reference to a specific portfolio. 

    SPECIFIC OUTCOME 4 
    Analyse the application of international asset classes to a specific client's portfolio. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    The effects of strategic asset allocation on international investments are analysed to determine the suitability for a specific investor. 

    ASSESSMENT CRITERION 2 
    The implications of deviating from strategic asset allocation are explained for a specific investor. 

    ASSESSMENT CRITERION 3 
    Changes to the asset allocation in an international portfolio are recommended to meet the needs of a specific investor. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
  • Anyone assessing a candidate against this Unit Standard must be registered as an assessor with the relevant ETQA or ETQA where a Memorandum of Understanding (MOU) exists with the relevant ETQA.
  • Any institution offering learning that will enable achievement of this Unit Standard must be accredited as a provider through the relevant ETQA or ETQA where a Memorandum of Understanding (MOU) exists with the relevant ETQA.
  • Moderation of assessment will be overseen by the relevant ETQA according to the moderation guidelines and the agreed ETQA procedures. 

  • UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
    N/A 

    UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO COLLECTING 
    The learner is able to collect, organise and critically evaluate information in showing insight into offshore investment vehicles and analysing data and risk profiles. 

    UNIT STANDARD CCFO COMMUNICATING 
    The learner is able to communicate effectively using visual, mathematics and language skills in the modes of oral and/or written presentations in explaining different offshore investment vehicles and the effects of financial indicators on international investments. 

    UNIT STANDARD CCFO DEMONSTRATING 
    The learner is able to demonstrate an understanding of the world as a set of related systems by explaining the effects of economic indicators on offshore investments. 

    UNIT STANDARD ASSESSOR CRITERIA 
    N/A 

    REREGISTRATION HISTORY 
    As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015. 

    UNIT STANDARD NOTES 
    Search words: Offshore investments; international investments; international asset classes. 

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Elective  66611   National Certificate: Wealth Management  Level 5  Level TBA: Pre-2009 was L5  Reregistered  2021-06-30  As per Learning Programmes recorded against this Qual 


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: 
    This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
     
    1. AFRICAN UNION SKILLS DEVELOPMENT PTY LTD 
    2. ALCARI 233 CC T/A ALCARI (Eversdal)(TP) 
    3. Boland Public FET College - Central Office 
    4. CKP Development Agency (Pty) Ltd. 
    5. COLLEGE OF CAPE TOWN 
    6. College of Cape Town - Central Office 
    7. False Bay College 
    8. Intec College 
    9. Masifunde Training Centre (Pty) Ltd 
    10. North Link College 
    11. Old Mutual Life Assurance Company South Africa 
    12. Ray Strodl Consulting (Pty) Ltd 
    13. Ripple Effect 4 (Pty) Ltd 
    14. Sanlam Life Insurance Ltd 
    15. Sanlam Life Insurance Ltd. 
    16. South Cape College 
    17. South Cape Public FET College - Central Office 
    18. The Institute of Health Risk Managers (Pty) Ltd 
    19. Umfolozi FET College - Central Office 
    20. Universal Healthcare Services (Pty) Ltd 



    All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.