Cadiz Managed Flexible Fund
The fund aims to provide investors with a balance between capital growth and income over the medium to long term. It offers a diversified exposure to equities and fixed interest instruments managed in line with Regulation 28 of the Pension Funds Act (Act 24 of 1956).
WHO THE FUND MAY BE SUITABLE FOR
- Investors who wish to save for their retirement.
- Those who wish to delegate the complex asset allocation decisions to an experienced investment team.
- Those who have a moderate risk profile and are comfortable with taking market fluctuation to achieve long term capital growth.
- Investors who have a 3 year or longer investment horizon.
Income & Growth
Domestic – Asset Allocation – Predential Variable Equity Average
MAXIMUM EXPOSURE TO GROWTH ASSETS (EQUITY EXPOSURE)
75% equities 25% property
Medium to long term
South African equities, bonds and money market instruments
Wednesday, March 01, 2006
ASISA CLASSIFICATION (WHERE RELEVANT)
South African – Multi Asset High Equity
INCOME DISTRIBUTION / PAYMENT
Bi-annual (30 June, 31 December)
Lump sum: R5 000
Ad hoc: R500
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)
TOTAL EXPENSE RATIO (TER)
1.76% (inclusive VAT)
Total Expense Ratio (TER) is a measure of the costs incurred within the fund. It is not an additional fee.