Foord International Feeder Fund
The Fund seeks to maximise the return with minimum risk from a portfolio of international assets, including equities, fixed interest investments, commodities and cash. This is achieved through direct investment into the Foord International Trust, which aims to produce an annualised return over time in excess of 10% in US$, thereby expecting to outperform world equity indices, but with significantly lower variability of returns.
The portfolio will be a feeder fund. The objective of the portfolio is to provide investors with exposure to a portfolio of international equity and fixed interest securities, with the view to maximize returns with minimum levels of risk. The Manager’s specific aim is to produce an annualized return over time in excess of 10% in US Dollars, thereby expecting to outperform world equity indices.Investments to be included in the portfolio will, apart from assets in liquid form, consist solely of participatory interest of one collective scheme portfolio, namely the Foord International Trust, a class of the Foord International Trust Scheme, being a collective investment scheme in securities, or an alternative portfolio of a collective investment scheme that complies with the investment policy of the portfolio as determined by the Manager form time to time, and agreed by the Trustee.
|Annual Return and Maximum Drawdown Figures
||Updated: 01 Jan 1900
Fund and Adviser Fees
||Effective Annual Fee
||Total Expense Ratio (TER)
All fees shown exclude VAT. Data provided by Morningstar and Allan Gray / Investec.
What are adviser fees?
Adviser fees are paid to Beanstalk. We do not charge an upfront fee and our annual fee is very low at just 0.50% (+ VAT where applicable).
What are administration fees?
Annual administration fees are charged by Allan Gray Investment Services Proprietary Limited or Investec Management Services (Pty) Ltd for ongoing administation. The fee applicable to your investment depends on the unit trusts you have selected and the value of your investment. A negative annual administration fee means you will pay no annual administration fee and will receive additional units into your account.
What are management fees?
A flat rate of 0.11% (incl.VAT) plus underlying fee in the Foord International Fund,a sub-fund of Foord SICAV, of 1.35% (VAT exempt).
Management fees are expenses included in the price of your selected unit trust(s). These expenses are not charged as separate fees, but are built into the unit price of the unit trusts you select. The fees shown include VAT where applicable. Values are calculated using more decimal places than are displayed.