The Capita BCI Balanced Fund aims to offer investors a moderate to high long-term total return.

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
SA Multi-Asset High Equity Sector average

INVESTMENT VEHICLE
Unit trust

WHAT DOES THE FUND INVEST IN?
In order to achieve its objective, the investments normally to be included in the portfolio may comprise a combination of assets in liquid form, money market instruments, interest bearing instruments, bonds, debentures, corporate debt, equity securities, property securities, preference shares, convertible equities and non-equity securities. The portfolio may from time to time invest in listed and unlisted financial instruments. The manager may include forward currency swaps, interest rate and exchange rate swap transactions. The portfolio’s net equity exposure will range between 0% and 75% of the portfolio’s net asset value.

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

STATUS
Open

LIQUIDITY
Daily

Capita Initial Fee
NIL

Capita Annual Management Fee
1.25% (excluding VAT)

Capita 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