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.

INVESTOR NEED
Protected Growth

BENCHMARK
CPI +6%

INVESTMENT VEHICLE
Unit Trust

MAXIMUM EXPOSURE TO GROWTH ASSETS (EQUITY EXPOSURE)
100%

RISK RATING
Medium to High

TIME HORIZON
Medium to long term

ASSET CLASS(ES)
All (local and offshore – max 80% )

LAUNCH DATE
Friday, June 03, 2005

ASISA CLASSIFICATION (WHERE RELEVANT)
ASISA Worldwide Multi Asset Flexible

INCOME DISTRIBUTION / PAYMENT
Bi-annual (30 June, 31 December)

INVESTMENT MINIMUM
Lump sum: R5 000
Monthly: R500
Ad hoc: R500

REGULATION 28
Non compliant

CURRENCY AVAILABILITY
South African rand

PORTFOLIO MANAGERS
Graeme Ronne
Razeen Dinath

STATUS
Open

LIQUIDITY
Daily

INITIAL FEE
0.00%

MAXIMUM ADVISER INITIAL FEE
3.42% (including VAT)

ANNUAL MANAGEMENT FEE
1.43% (including VAT)

MAXIMUM ADVISER ONGOING FEE
1.14% (including VAT)

PERFORMANCE FEE
0.0%

TOTAL EXPENSE RATIO (TER)
1.52%

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

Need more information?