Cadiz Inflation Plus Fund
The fund aims to outperform inflation by 5% over a rolling 36 month period, as well as to preserve capital over rolling 12 month periods.
WHO THE FUND MAY BE SUITABLE FOR
- Retail or institutional investors seeking a medium risk multi asset fund delivering inflation-beating returns.
- Those who have a low tolerance for short term volatility of returns associated with equity investing.
- Investors who have at least a 3 year investment horizon.
CPI+5% net of fees over rolling 3 years. No negative returns over rolling 12 months.
MAXIMUM EXPOSURE TO GROWTH ASSETS (EQUITY EXPOSURE)
The Fund can invest up to 60% in equities
Medium to long term
Property, bonds and money market instruments
Friday, January 13, 2006
ASISA CLASSIFICATION (WHERE RELEVANT)
South African – Multi Asset Flexible
INCOME DISTRIBUTION / PAYMENT
Bi-annual (30 June, 31 December)
Lump sum: R5 000
Ad hoc: R250
South African rand
Matt Brenzel & Brian Munro
MAXIMUM ADVISER INITIAL FEE
3.42% (including VAT)
ANNUAL MANAGEMENT FEE
1.43% (including VAT)
MAXIMUM ADVISER ONGOING FEE
1.14% (including VAT)
15% performance fee – net of fees, for performance above CPI+5% reset annually and capped at 2% (including VAT)
TOTAL EXPENSE RATIO (TER)
1.31% (inclusive VAT)
Total Expense Ratio (TER) is a measure of the costs incurred within the fund. It is not an additional fee.