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.

Fund information

INVESTOR NEED
Income and growth

BENCHMARK
The fund aims to outperform the median return of the funds in the South African - Multi Asset - High Equity category (excluding the Cadiz fund).

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 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.

RISK RATING
Moderate

TIME HORIZON
Three-years or longer

ASSET CLASS(ES)
Equities, fixed interest instruments, listed property and cash

LAUNCH DATE
1 March 2006

ASISA CLASSIFICATION (WHERE RELEVANT)
ASISA SA Multi Asset High 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

PORTFOLIO MANAGER
Brian Munro
Razeen Dinath

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