Cadiz BCI Stable Fund
A multi-asset investment solution for the low to moderate Investor.
The fund aims to provide investors with real returns (inflation plus 3%) over rolling 3 year periods, while minimising the risk of capital loss over a one year period.
The fund invests in equities, fixed interest instruments, listed property and cash.
Who the fund may be suitable for
Investors seeking a low-to-moderate risk multi-asset fund.
Investors who wish to protect their investment from inflation erosion.
Those seeking capital preservation.
Investors who have a three-year or longer investment horizon.
Fund information
INVESTOR NEED
Income and growth
BENCHMARK
CPI+3% net of fees over rolling three-years. No negative returns over rolling twelve months.
INVESTMENT VEHICLE
Unit trust
WHAT DOES THE FUND INVEST IN?
The fund invests in equities, fixed interest instruments, listed property and cash. The intended maximum limits are: up to 40% in equities, 25% in listed property, 30% in offshore assets plus an additional 10% in Africa (excl. South Africa). Derivative strategies may also be used to mitigate the risk of capital loss.
RISK RATING
Low to moderate
TIME HORIZON
Three-years or longer
ASSET CLASS(ES)
Equities, fixed interest instruments, listed property and cash
Income and growth
BENCHMARK
CPI+3% net of fees over rolling three-years. No negative returns over rolling twelve months.
INVESTMENT VEHICLE
Unit trust
WHAT DOES THE FUND INVEST IN?
The fund invests in equities, fixed interest instruments, listed property and cash. The intended maximum limits are: up to 40% in equities, 25% in listed property, 30% in offshore assets plus an additional 10% in Africa (excl. South Africa). Derivative strategies may also be used to mitigate the risk of capital loss.
RISK RATING
Low to moderate
TIME HORIZON
Three-years or longer
ASSET CLASS(ES)
Equities, fixed interest instruments, listed property and cash
LAUNCH DATE
3 September 2012
ASISA CLASSIFICATION (WHERE RELEVANT)
ASISA SA Multi Asset Low Equity
INCOME DISTRIBUTION / PAYMENT
Bi-annual (30 June, 31 December)
INVESTMENT MINIMUM
Lump sum: R5 000
Monthly: R500
Ad hoc: R500
REGULATION 28
Yes
CURRENCY AVAILABILITY
South African rand
STATUS
Open
LIQUIDITY
Daily
3 September 2012
ASISA CLASSIFICATION (WHERE RELEVANT)
ASISA SA Multi Asset Low Equity
INCOME DISTRIBUTION / PAYMENT
Bi-annual (30 June, 31 December)
INVESTMENT MINIMUM
Lump sum: R5 000
Monthly: R500
Ad hoc: R500
REGULATION 28
Yes
CURRENCY AVAILABILITY
South African rand
STATUS
Open
LIQUIDITY
Daily
Cadiz Initial Fee
NIL
Cadiz Annual Management Fee
1.00% (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
1.00% (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