In South Africa, there are investment products that are managed by professionals for people who want personalised investment advice. They are called discretionary investment products and they are offered by different institutions like banks, investment managers and insurance companies.

These products include things like personalised portfolios and different types of accounts. They can be good for people who are willing to take risks and want higher returns on their investments. They can also help people who don’t have time or knowledge to manage their own investments. These investment products are regulated by the Financial Sector Conduct Authority (FSCA) to make sure they follow strict rules and protect investors.