Cadiz Worldwide Flexible Fund
The Cadiz Worldwide Flexible Fund seeks to provide investors with returns well above South African inflation over rolling 3 year periods. The Manager has the discretion to invest in opportunities across all asset classes globally in order to obtain the best risk-adjusted returns.
Who the fund may be suitable for
Investors who are looking for higher real returns.
Those seeking wealth accumulation via exposure to equity markets.
Those who have a moderate to high risk profile and are comfortable with market fluctuations to achieve long-term capital growth.
Investors who have at least a five-year investment horizon.
WHAT DOES THE FUND INVEST IN?
The fund can invest in local and global investments across equities, fixed interest instruments, listed property, derivatives and cash. Investments are selected at an individual security level where the Manager considers the risk of permanent capital loss to be low, with attractive risk-adjusted return potential. Equities will generally make up the bulk of the funds’ investments in order to provide high (> 6% pa) long term real returns, but the Manager has maximum flexibility in terms of asset allocation and is not precluded from varying the asset allocation to reflect the Managers view of the attractiveness of different asset classes.
Moderate to high
Five-years or longer
All asset classes with a maximum of 80% offshore.
3 June 2005
ASISA CLASSIFICATION (WHERE RELEVANT)
ASISA Worldwide Multi Asset Flexible
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