The fund seeks long-term capital growth with a low risk of permanent capital loss by investing in a diversified portfolio of domestic and foreign shares, which are undervalued relative to their replacement cost or sustainable earnings power.

WHO THE FUND MAY BE SUITABLE FOR

  • Investors who wish to maximize potential returns.
  • Those who are in their wealth accumulation phase seeing exposure to equity markets.
  • Investors who have at least a 5 year or longer investment horizon.

INVESTOR NEED 
Long-Term Growth

BENCHMARK 
SWIX

INVESTMENT VEHICLE 
Unit Trust

MAXIMUM EXPOSURE TO GROWTH ASSETS (EQUITY EXPOSURE) 
100%

RISK RATING 
High

TIME HORIZON 
Long term

ASSET CLASS(ES) 
South African equities and cash

LAUNCH DATE 
Wednesday, March 01, 2006

ASISA CLASSIFICATION (WHERE RELEVANT) 
South African – Equity – General

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 
15% of outperformance of SWIX fee – net of fees, capped at 2% (including VAT)

TOTAL EXPENSE RATIO (TER)
1.83% (inclusive VAT)

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

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