Cadiz BCI Property Fund
The Cadiz BCI Property Fund aims to deliver a combination of high income along with long term capital appreciation.
Who the fund may be suitable for
Investors who wish to maximise potential returns together with a high levels of income.
Those seeking wealth accumulation via exposure to mainly property equity markets.
Those who have a moderate to high risk profile and are comfortable with market fluctuations to achieve long-term capital growth.
Investors who have at least a five-year or longer investment horizon.
Fund information
INVESTOR NEED
Long-term growth
BENCHMARK
SA Listed Property Index
INVESTMENT VEHICLE
Unit trust
WHAT DOES THE FUND INVEST IN?
The investable universe of the portfolio will include equity and property securities, including companies that derive a material portion of their income from property investment, property collective investment schemes, property loan stock, fixed interest securities, preference shares, non-equity securities and assets in liquid form.
The portfolio will invest at least 80% of the market value of the portfolio in shares listed in the FTSE / JSE Real Estate industry group or similar sector of an international stock exchange and may include other high yielding securities from time to time. Up to 10% of the portfolio may be invested in shares outside the property sector in companies that conduct similar business activities.
RISK RATING
Moderate to High
TIME HORIZON
Five-years or longer
ASSET CLASS(ES)
Equities and property securities
Long-term growth
BENCHMARK
SA Listed Property Index
INVESTMENT VEHICLE
Unit trust
WHAT DOES THE FUND INVEST IN?
The investable universe of the portfolio will include equity and property securities, including companies that derive a material portion of their income from property investment, property collective investment schemes, property loan stock, fixed interest securities, preference shares, non-equity securities and assets in liquid form.
The portfolio will invest at least 80% of the market value of the portfolio in shares listed in the FTSE / JSE Real Estate industry group or similar sector of an international stock exchange and may include other high yielding securities from time to time. Up to 10% of the portfolio may be invested in shares outside the property sector in companies that conduct similar business activities.
RISK RATING
Moderate to High
TIME HORIZON
Five-years or longer
ASSET CLASS(ES)
Equities and property securities
LAUNCH DATE
2 January 2015
ASISA CLASSIFICATION (WHERE RELEVANT)
ASISA SA Real Estate General
INCOME DISTRIBUTION / PAYMENT
Quarterly (31 March, 30 June, 30 September, 31 December)
INVESTMENT MINIMUM
Lump sum: R5 000
Monthly: R500
Ad hoc: R500
REGULATION 28
Not Applicable
CURRENCY AVAILABILITY
South African rand
STATUS
Open
LIQUIDITY
Daily
2 January 2015
ASISA CLASSIFICATION (WHERE RELEVANT)
ASISA SA Real Estate General
INCOME DISTRIBUTION / PAYMENT
Quarterly (31 March, 30 June, 30 September, 31 December)
INVESTMENT MINIMUM
Lump sum: R5 000
Monthly: R500
Ad hoc: R500
REGULATION 28
Not Applicable
CURRENCY AVAILABILITY
South African rand
STATUS
Open
LIQUIDITY
Daily
Cadiz Initial Fee
NIL
Cadiz Annual Management Fee
0.75% (excluding VAT)
Cadiz Performance Fee
NIL
Adviser Maximum Initial Fee
3.00% (excluding VAT)
Adviser Maximum Ongoing Fee
1.00% (excluding VAT)
Total Expense Ratio (TER)
See Fund Fact Sheet
NIL
Cadiz Annual Management Fee
0.75% (excluding VAT)
Cadiz Performance Fee
NIL
Adviser Maximum Initial Fee
3.00% (excluding VAT)
Adviser Maximum Ongoing Fee
1.00% (excluding VAT)
Total Expense Ratio (TER)
See Fund Fact Sheet