Cadiz Worldwide Flexible Fund
The fund seeks medium to long-term capital growth with a low risk of permanent capital loss. The investment manager has full flexibility to actively vary the asset allocation to reflect the manager’s view of the relative attractiveness of the investment opportunity set, and manage downside risk.
WHO THE FUND MAY BE SUITABLE FOR
- Institutional or retail investors with a moderate to high risk profile.
- Investors who want unlimited exposure to positive equity growth, with an element of protection on the downside.
- Investors who have at least a 5 year investment horizon.
MAXIMUM EXPOSURE TO GROWTH ASSETS (EQUITY EXPOSURE)
Medium to High
Medium to long term
All (local and offshore – max 80% )
Friday, June 03, 2005
ASISA CLASSIFICATION (WHERE RELEVANT)
ASISA Worldwide Multi Asset Flexible
INCOME DISTRIBUTION / PAYMENT
Bi-annual (30 June, 31 December)
Lump sum: R5 000
Ad hoc: R500
South African rand
MAXIMUM ADVISER INITIAL FEE
3.42% (including VAT)
ANNUAL MANAGEMENT FEE
1.43% (including VAT)
MAXIMUM ADVISER ONGOING FEE
1.14% (including VAT)
TOTAL EXPENSE RATIO (TER)
Total Expense Ratio (TER) is a measure of the costs incurred within the fund. It is not an additional fee.