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

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

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