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
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
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
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