This fund is ideal for investors with a medium-to-high risk tolerance looking for long-term capital and income growth through cost-effective exposure to the South African listed property sector. All growth in the underlying investment is fully exempt from any tax on interest, rental income, dividends or capital gains.
South African - Real Estate - General
FTSE/JSE South African Listed Property Index (J253)
Albert Arntz & Duncan Schwulst
01 April 2015
Tax-Free Class (T): R10 000
Tax-Free Class (T): R1000
| DATE | UNIT | PRICE |
No initial fees are charged
Financial Adviser (if applicable) T Class: Maximum of 2.25%
Tax-Free Class (T): 0.60%
Additional underlying foreign fund fees are dependent on the fund and are included in the TER
Tax-Free Class (T): 2.25% maximum initial fee
*Included in Prudential’s annual management fee above
This fund aims to provide total returns (after fees) above the SA Listed Property Index and long-term capital growth, at a lower cost.
This fund invests in South African listed property instruments and liquid assets using a valuation-based investing approach. It aims to provide a total return above the South African Listed Property Index with tracking error of not more than 2% per year. No direct investment in physical property may be made.
