Cadiz Tandem (SA Equities)

Cadiz Tandem may be suitable for

any South African resident, (such as a natural person, retirement fund, trust or company) who needs an income
while seeking to preserve their capital and;
have exposure to equity growth through a market index.

Cadiz Tandem provides investors with:

Investments that are no longer open to new contributions

Cadiz Tandem Dynamic Income (Global) - Global Opportunities Factsheet (December 2011, pdf)
Cadiz Tandem Dynamic Income (New World) - New World Opportunities Factsheet (December 2011, pdf)

Low Risk

Investor need: Protected Growth
Benchmark: N/A
Investment vehicle: A term certain annuity provides income and an endowment provides capital protection, both underwritten by Cadiz Life Ltd.
Maximum exposure to growth assets (equity exposure): The unlimited variable income payment portion depends on the performance of the market index you select.
Risk rating: Low
Time horizon: Medium term
Asset Class(es): The underlying Market Index determines the asset class exposure: MSCI South Africa Equity Index

Launch date
ASISA classification (where relevant): N/A
Income distribution / payment: Monthly with an option of withdrawing half your capital after three years
Investment minimum: Lump sum: R50 000
Regulation 28: No
Currency availability: South African rand
Portfolio Manager: Cadiz Asset Management (Pty) Limited
Status: Open. Closing date for applications: 4th business day of each month.
Liquidity: Minimum 5 year term (with access to half of capital after 3 years)