This solution is ideal for income drawing investors who want to invest their post-retirement or discretionary savings in an all-in-one solution that aims to earn 5% income per year. Subject to this level of income return being achieved, investors will also want their capital to grow over time. Given the relatively high level of targeted income return, there’s an appreciable possibility that the real value of capital after targeted income drawdowns will not be maintained over the long term.
Unclassified given its unique investment objective
David Knee, Michael Moyle, Johny Lambridis, Sandile Malinga and Leonard Kruger
2 April 2019
Investor Class (A): R10 000
Investor Class (A): n/a
DATE | UNIT | PRICE |
No initial fees charged
Investor Class (A): 1.00%
Additional underlying foreign fund fees are dependent on the fund and are included in the TER