As the fund aims to maximise returns, it will have a strong bias towards equities – typically the asset class with the highest expected long-term returns. The fund’s exposure to asset classes will be managed in accordance with the outcomes of the investment manager’s in-house research process to position it for changing market conditions and in order to maximise long-term returns without assuming excess risk of loss.
Who should invest?
The fund is suitable for investors who are building up their long-term retirement savings and require capital growth. Investors would also be seeking to preserve the purchasing power of their capital over the long term, with a time horizon of three years or longer.
*Average performance in South African Multi Asset High Equity unit trust universe. Performance is based on a lump sum investment using Class A Net Asset Value (NAV) prices with income distributions reinvested. Performance figures are quoted after the deduction of all costs incurred within the fund. Source: Morningstar
Minimum investment and fees (excl. VAT)
Lump sum: R5 000 and/or monthly debit order of R500
Initial fee: 0.00%
Financial adviser fee (maximum): 3.00%
Ongoing advice fee (maximum): 1.00% per annum
Management fee: 1.25% per annum