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.

Fund information

INVESTOR NEED
Long-term growth

BENCHMARK
CPI+6%

INVESTMENT VEHICLE
Unit trust

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.

RISK RATING
Moderate to high

TIME HORIZON
Five-years or longer

ASSET CLASS(ES)
All asset classes with a maximum of 80% offshore.

LAUNCH DATE
3 June 2005

ASISA CLASSIFICATION (WHERE RELEVANT)
ASISA Worldwide Multi Asset Flexible

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