Personal Investments

Comprehensive Fact Sheets

Unit TrustViewDetails
Cadiz Money Market Fund
Cadiz BCI Enhanced Income Fund
Cadiz Absolute Yield Fund
Cadiz Stable Fund
Cadiz Balanced Fund
Cadiz Worldwide Flexible Fund
Cadiz Equity Fund

Effective Annual Cost


The EAC is there to help consumers understand all the costs involved in their purchase and make more informed decisions in line with the third outcome of the Treating Customers Fairly (TCF) framework.


Fund Prices

Fund (Class A)NAV price (cents) as at 25 February 2020
Cadiz Stable Fund115.06
Cadiz Absolute Yield Fund106.31
Cadiz Balanced Fund198.98
Cadiz Equity Fund231.82
Cadiz Money Market Fund100
Cadiz Worldwide Flexible Fund200.43

Institutional Investments

Fact SheetsView
Cadiz Money Market Fund
Cadiz Passive Bond Fund
Cadiz Houseview Bond Fund
Cadiz Absolute Yield Fund
Cadiz Stable Fund
Cadiz Global Balanced Fund
Cadiz Worldwide Flexible Fund
Cadiz Global Equity Fund
Investment Approach

Cadiz focuses on managing investment risk. This is important as permanent capital loss is the enemy of compound growth. We believe that good businesses have the natural tendency to grow their value over time and protecting capital leaves a larger capital base to deliver good long term real returns.

Read More
Principles of Responsible Investing

Cadiz Asset Management is committed to the promotion and support of Responsible Investing in South Africa. We consider the inclusion and integration of Responsible Investing principles to be a strategic underpin in the way we manage our business, interact with our stakeholders, and manage our client mandates.

Read More

Invest Now

How to invest with Cadiz Asset Management?

To invest in any of the Cadiz Unit Trust Products is easy. Simply follow the steps below. If you aren’t sure which of our products is best suited to your needs, we suggest you seek independent financial advice.

Application Form


Application form - Individual

Application form - Legal Entities

Repurchase form

Switch form

Redemption form

Static detail amendment form

Additional investment application form


Documents that we need from you

1. Proof of who you are: a copy of your ID or passport
2. Proof of your home address: copy of a utility bill/rates and taxes or a Telkom account (not older than 3 months)
3. Proof of banking details: a cancelled cheque or a copy of a bank statement (not older than 3 months)


If you are investing on behalf of a company, trust or other legal entity, we need additional documents. Please refer to the application form for a list of these.

Cadiz South Easter Fixed Interest SNN QI Hedge Fund


The Cadiz South Easter Fixed Interest SNN QI Hedge Fund aims to produce a return equal to JIBAR + 5% on a rolling 3-year basis with less volatility than the All Bond Index.

The fund may invest in government bonds, corporate bonds, money market instruments, debentures and securitized debt and other debt instruments as well as derivative instruments, such as bond options, interest rate swaps and forward rate agreements (FRAs).

Who the fund may be suitable for

Investors with knowledge and experience in hedge funds seeking a moderate risk profile who have appointed a Financial Services Provider (FSP) with knowledge and experience regarding the risks and merits of a hedge fund investment.

Qualified investors seeking absolute and reliable returns, which are uncorrelated to the bond or equity markets.

Qualified investors with a minimum of R1,000,000.00 (One Million Rand) to invest per portfolio.

Qualified investors who have at least a five-year or longer investment horizon.

Fund information

INVESTOR NEED
Consistent absolute and reliable returns

BENCHMARK
1-month JIBAR

INVESTMENT VEHICLE
Hedge Fund regulated under CISCA

WHAT DOES THE FUND INVEST IN?
The fund may invest in government bonds, corporate bonds, money market instruments, debentures
and securitized debt and other debt instruments as well as derivative instruments, such as bond
options, interest rate swaps and forward rate agreements (FRAs).

RISK RATING
Moderate

TIME HORIZON
Three to five years, or longer

LAUNCH DATE
1 November 2005

ASISA CLASSIFICATION (WHERE RELEVANT)
Not Applicable

INCOME DISTRIBUTION / PAYMENT
Bi-annual (30 June and 31 December)

INVESTMENT MINIMUM
Lump sum: R1,000,000
Monthly: Not Applicable

REGULATION 28
Not applicable

CURRENCY AVAILABILITY
South African rand

PORTFOLIO MANAGER
Alastair Sellick

STATUS
Open

LIQUIDITY
Three-month notice period to disinvest.

Cadiz Initial Fee
NIL

Cadiz Annual Management Fee
1.00% (excluding VAT)

Cadiz Performance Fee
A performance fee of 20% of the outperformance over 1 month JIBAR is charged (excluding VAT).
The performance fee is crystallized monthly.
The fee calculation employs a High Watermark ensuring no fee is accrued until previous
underperformance has been recouped.

Adviser Maximum Initial Fee
3.00% (excluding VAT)

Adviser Maximum Ongoing Fee
1.00% (excluding VAT)

Total Expense Ratio (TER)
See Fund Fact Sheet

Additional Information

Transaction Forms


View Link

Fund Fact Sheets


View Link