This fund is ideal for investors with a higher risk tolerance who are looking for out-performance of the average South African General Equity Fund without taking on greater risk of loss and have a preference for the fund’s bias towards investment in companies offering high but sustainable dividend yields. The recommended investment horizon is 7 years or longer.
South African - Equity - General
ASISA South African – Equity - General Category Mean
Ross Biggs and Kaitlin Byrne
02 August 1999
Investor Class (A): R10 000
Tax-Free Class (T): R10 000
Investor Class (A): R500 pm
Tax-Free Class (T): R500 pm
Distributed bi-annually
Raging Bull and Morningstar/ Standard & Poor's
| DATE | UNIT | PRICE |
No initial fees charged
Prudential Minimum Base Fee
Investor Class (A): 1.00%
Tax-Free Class (T): 1.25%
Prudential Performance Fee Sharing Rate
Investor Class (A): 20.00%
Tax-Free Class (T): 0.00%
Prudential Maximum Total Fee
Investor Class (A): 2.25%
Tax-Free Class (T): 1.25%
This fund aims to provide broad-based exposure to shares that offer value and medium- to long-term growth. The portfolio managers seek to invest in those companies where returns can be achieved from any or all of (a) growth in earnings, (b) growth in dividends and (c) a re-rating by the market of the company’s share price; however, the portfolio managers will have a bias towards investment in companies offering high but sustainable dividend yields.
This fund invests in companies that meet the portfolio managers’ value criteria. The fund will have a bias towards investment in companies offering high but sustainable dividend yields. The fund is however not restricted from investing in opportunities that appear attractive on a total return basis, and will also seek out value by investing in companies offering earnings growth and/or possible market re-rating. The intended maximum limits are: Equity: 100%; Listed Property: 10%; Foreign: 30%; Africa (excl. SA): 5%
