The objective of the portfolio is to provide investors with medium to long term capital growth. The portfolio may generate some income however, the generation of income will not be the primary objective of this portfolio. The portfolio is aimed at the high risk investor as it is limited to a maximum of 75% exposure to equities. The portfolio adheres to the guidelines set by Regulation 28.
|Ci Moderate Strategic Fund|
|Ci SA Balanced Fund|
|Old Mutual Balanced Fund|
|Foord Domestic Balanced Fund|
|Kruger International Equity Fund|
|Kruger International Flexible Fund|
|ASISA Classification||South Africa – Multi Asset – High Equity|
|Benchmark||South African Multi Asset High Equity Category Average|
|Opening price||1000.00 cents per unit|
|Initial fee||Class A: 0%|
|Annual service fee (incl. VAT)||Class A: 0.599%|
|Valuation time of fund||24:00|
|Trading closing time||14:00|
|Minimum investment||Lump Sum: R 5 000 / Monthly: R 500|
|Fund size||R 449 million|
|Trustee||Standard Chartered Bank|
Additional Fund Information
FAIS Conflict of Interest Disclosure
- The annual fees for the A class include a fee of 0.228% payable to Kruger, a fee of 0.228% payable to Ci Collective Investments, a fee of 0.143% payable to Analytics Consulting. All fees stated are inclusive of VAT.
Please note that in most cases where the Financial Services Provider (FSP) is a related party to the portfolio manager, the FSP/distributor may earn additional fees other than those charged by the portfolio manager. It is the FSP’s responsibility to disclose such additional fees to the investor.
- This is a multi-asset high equity portfolio which means that it may invest in a spectrum of equity, bond, property and money market and tends to have an increased probability of short term volatility and aims to maximise long term capital growth. The portfolio may have a maximum equity exposure of up to 75% and complies with the regulation governing retirement funds. This portfolio may, at the discretion of the portfolio manager, invest up to 25% of the assets outside of South Africa plus an additional 5% of the assets in Africa excluding South Africa.
Risk Reward profile
- Typically, the lower the risk, the lower the potential return and the higher the risk, the higher the potential return. There is no guarantee that returns will be higher when investing in a portfolio with a higher risk profile. The risk profile for this portfolio is rated as high, as it may only invest up to 75% in equity securities, both locally and abroad.