This multi-asset class fund is ideal for investors saving for retirement, those already living off a pension and those wanting to protect their savings from the detrimental effects of inflation, thereby preserving purchasing power and earning a real return. All growth in the underlying investment is fully exempt from any tax on interest, rental income, dividends or capital gains.
South African - Multi Asset - Low Equity
CPI +5% p.a over a rolling 3-year period
David Knee, Michael Moyle and Johny Lambridis
02 January 2015
Tax-Free Class (T): R10 000
Tax-Free Class (T): R500
| DATE | UNIT | PRICE |
No initial fees are charged
Tax-Free Class (T): 0.80%
Additional underlying foreign fund fees are dependent on the fund and are included in the TER
This fund's primary objective is to outperform CPI by 5% (before fees) over a rolling three-year period. The secondary objective is to reduce the risk of capital loss over any rolling 12-month period.
This fund invests in an actively managed, diversified combination of domestic and international assets where the asset allocation is tactically managed. The intended maximum limits: Equity: 40%; Listed Property: 25%; Offshore: 25%; Africa: 5% (excl. SA).
