Put your company assets to work

Do you have surplus cash in your company that you do not need right away? In that case, you want that capital to generate the best possible return.

A DRD fund gives you the opportunity to put your company assets to work via a liquid and well-diversified portfolio, under a tax-friendly regime.

3 key strengths of our DRD funds

Exempted capital gains in DRD funds

The DRD fund allows companies to invest in a tax-friendly way. Because both the dividends paid by the investment fund and the capital gains when exiting the fund enjoy a favourable tax regime.

Naturally, a DRD fund needs to meet certain legal conditions. Fund manager Cadelam has therefore consulted extensively with the tax authorities, to clearly define the conditions that investments within the fund must meet to enjoy the favourable tax regime. This ensures that you can enjoy the most beneficial tax conditions.

That does not mean that the DRD fund is 100% exempt from taxes. Cadelam's strategic investment policy is not solely focused on the tax benefit. The fundamental picture remains key, also when it comes to the DRD fund.

Tax reforms and your company

From assessment year 2026, the 30% withholding tax on dividends from a DBI fund can only be reclaimed through the corporate income tax return if the company grants one of its directors (a natural person) remuneration of at least €50,000, an amount that will be indexed annually.

During the first four financial years after incorporation, a company is not required to pay a minimum remuneration to a director. In addition, if the company does make a profit but less than the required minimum amount, it is sufficient to grant remuneration equal to the taxable profit.

Furthermore, from assessment year 2026 (for financial years starting from 2025), a separate 5% tax will be levied on secondary transactions involving capital gains realized on units of a DBI SICAV (investment company). In practice, this tax will rarely apply, as a company usually exits a DBI SICAV through a share buyback by the investment fund—and this remains exempt from corporate income tax.

Strategic conviction prevails

Fund manager Cadelam aims to maximise the return on your private and company assets, taking into account the risk you are willing and able to bear. Investments are driven by a sustainable and well-considered investment philosophy, focused on the long term. The result is a well-diversified portfolio that responds to various themes that help shape the future. For the DRD funds, tax deductibility is an important criterion, but not the only one. It is a matter of finding the right balance between the tax benefit and an attractive return.

Some dividends and capital gains will qualify for exemption. But sometimes companies are invested in because of their bright growth prospects, and the dividends and capital gains from the shares of these companies will not meet the conditions to qualify for exemption. As a result, part of the portfolio may not enjoy tax exemption. Sounds complicated? Not to worry: the bank will provide you with a detailed overview of the dividends and capital gains that are exempt from tax so that your accountant can process them correctly.

A solution for each profile

Our range of DRD funds includes more dynamic investment profiles - containing mainly equities - as well as defensive profiles. This way, you can benefit from the tax-favourable DRD regime according to your risk appetite.