The Capita BCI Cautious Fund aims to provide investors with income and long-term stable capital growth. 

In order to achieve its objective, the investments normally 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's equity exposure may be as high as 40% of the portfolio's net asset value.

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.

Who the fund may be suitable for

Investors seeking a low-to-moderate risk multi-asset fund.

Investors who wish to protect their investment from inflation erosion.

Those seeking capital preservation.

Investors who have a three year or longer investment horizon.

Fund information

INVESTOR NEED
Income and growth

BENCHMARK
SA Multi-Asset Low 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's equity exposure may be as high as 40% of the portfolio's net asset value. 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.

RISK RATING
Low to moderate

TIME HORIZON
Three years or longer

ASSET CLASS(ES)
Equities, fixed interest instruments, listed property and cash

LAUNCH DATE
5 March 2014

ASISA CLASSIFICATION (WHERE RELEVANT)
ASISA SA Multi Asset Low Equity

INCOME DISTRIBUTION / PAYMENT
Quarterly: 31 March / 3 June / 30 September / 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
0.85% (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