Cadiz Managed Flexible Fund

Winner of this year's Raging Bull Certificate for best Domestic Asset Allocation Prudential Fund, as well as Balanced Fund of the Year at the 2011 Africa Fund Manager Performance Awards. The Cadiz Managed Flexible Fund provides a one-stop investment solution for investors who do not want to make complex asset allocation decisions themselves.

 

Who the fund may be suitable for

The Cadiz Managed Flexible Fund is suitable for investors who must comply with Regulation 28 of the Pension Funds Act and who are seeking:

  • a medium-risk investment; and
  • well-diversified exposure to the equity and fixed interest markets.                                                                                                                                                                                                                                                                                          

Features

  • The Cadiz Managed Flexible Fund is managed in line with Regulation 28 of the Pension Funds Act.
  • The Fund provide investors with diversified exposure to equities and fixed interest instruments.  

Read More

Why invest in the Cadiz Managed Flexible Fund - November 2009 (pdf)

 

 

 

Performance as at 31 December 2011

  Fund Benchmark
    AHCIBL linked benchmark
1 Year 5.67% 5.57%
3 Year 15.07% 10.00%
5 Year 8.21% 7.04%
Source: Morningstar
Investor need
Income & Growth
Benchmark
Domestic - Asset Allocation - Predential Variable Equity Average
Investment vehicle
Unit Trust
Maximum exposure to growth assets (equity exposure)
75% equities 25% property
Risk rating
Medium
Time horizon
Medium to long term
Asset Class(es)
South African equities, bonds and money market instruments
Launch date
Wednesday, March 01, 2006
ASISA classification (where relevant)
Domestic – Asset Allocation – Prudential Variable Equity
Income distribution / payment
Bi-annual (31 March, 30 September)
Investment minimum
Lump sum: R5 000
Monthly: R500
Ad hoc: R500
Regulation 28
Compliant
Currency availability
South African rand
Portfolio Manager
Francois van Wyk
Status
Open
Liquidity
Daily
Initial fee
0.00%
Maximum adviser initial fee
3.00% (excluding VAT)
Annual management fee
1.25% (excluding VAT)
Maximum adviser ongoing fee
1.00%
Performance fee
0.00%
Total Expense Ratio (TER) total
1.56% (inclusive VAT)
TER date
31-Dec-11

Total Expense Ratio (TER) is a measure of the costs incurred within the fund. It is not an additional fee.
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