Cadiz Equity Fund


The Cadiz 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

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

PORTFOLIO MANAGERS
Razeen Dinath
Brian Munro

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