Cadiz BCI Equity Fund
The Cadiz BCI Equity Fund seeks long-term capital growth with a low risk of permanent capital loss by investing in a diversified portfolio of domestic and foreign shares, which are undervalued relative to their replacement cost or sustainable earnings power.
Who the fund may be suitable for
Investors who wish to maximise potential returns.
Those seeking wealth accumulation via exposure to equity markets.
Those who have a 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
Capped SWIX
INVESTMENT VEHICLE
Unit trust
WHAT DOES THE FUND INVEST IN?
The fund invests in equities that trade below their intrinsic market value. The fund can hold up to 30% in foreign assets and 10% in Africa (excl. SA), with the highest balance in domestic equities listed in South Africa.
The fund sits at the top end of the risk/return spectrum and can also invest in property related securities.
The portfolio’s minimum exposure to equities will be 80% of its net asset value at all times.
RISK RATING
High
TIME HORIZON
Five-years or longer
ASSET CLASS(ES)
Equities and cash
Long-term growth
BENCHMARK
Capped SWIX
INVESTMENT VEHICLE
Unit trust
WHAT DOES THE FUND INVEST IN?
The fund invests in equities that trade below their intrinsic market value. The fund can hold up to 30% in foreign assets and 10% in Africa (excl. SA), with the highest balance in domestic equities listed in South Africa.
The fund sits at the top end of the risk/return spectrum and can also invest in property related securities.
The portfolio’s minimum exposure to equities will be 80% of its net asset value at all times.
RISK RATING
High
TIME HORIZON
Five-years or longer
ASSET CLASS(ES)
Equities and cash
LAUNCH DATE
1 March 2006
ASISA CLASSIFICATION (WHERE RELEVANT)
ASISA SA Equity General
INCOME DISTRIBUTION / PAYMENT
Bi-annual (30 June, 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
1 March 2006
ASISA CLASSIFICATION (WHERE RELEVANT)
ASISA SA Equity General
INCOME DISTRIBUTION / PAYMENT
Bi-annual (30 June, 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
1.25% (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
1.25% (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
