Cadiz Balanced Fund
The Cadiz Balanced Fund aims to provide investors with a balance between capital growth and income over the medium to long term. It offers a diversified exposure to equities and fixed interest instruments managed in line with Regulation 28 of the Pension Funds Act (Act 24 of 1956).
2011 Raging Bull Awards. Top performance by a domestic Collective Investment Scheme.
Who the fund may be suitable for
Investors who wish to save for their retirement.
Those who wish to use an experienced investment team to make the asset allocation decisions.
Those who have a moderate risk profile and are comfortable with market fluctuations to achieve long-term capital growth.
Investors who have a three-year or longer investment horizon.
Income and growth
The fund aims to outperform the median return of the funds in the South African - Multi Asset - High Equity category (excluding the Cadiz fund).
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 75% 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.
The fund is managed to comply with regulations governing retirement investments (Regulation 28) and is suitable for use in pension and provident funds.
Three-years or longer
Equities, fixed interest instruments, listed property and cash
1 March 2006
ASISA CLASSIFICATION (WHERE RELEVANT)
ASISA SA Multi Asset High Equity
INCOME DISTRIBUTION / PAYMENT
Bi-annual (30 June, 31 December)
Lump sum: R5 000
Ad hoc: R500
South African rand
Cadiz Annual Management Fee
1.25% (excluding VAT)
Cadiz Performance Fee
Adviser Maximum Initial Fee
3.00% (excluding VAT)
Adviser Maximum Ongoing Fee
1.00% (excluding VAT)
Total Expense Ratio (TER)
See Fund Fact Sheet