Nedgroup Investments Core Guarded Fund

Fund Objectives

The portfolio achieves its objectives through investment in a diversified portfolio of domestic equity, domestic fixed interest, foreign equity and foreign fixed interest portfolios. The asset allocation for the solution is determined by Nedgroup Investment Advisors who seek to achieve optimal diversification of the asset classes by making use of proprietary research and portfolio optimiser tools. A strategic asset allocation is set for the solution and built from various asset classes which track appropriate indices and is rebalanced periodically when target weights are exceeded.

Investment Strategy

The portfolio aims to secure for investors total returns of CPI + 3%, whilst at the same time providing a steady growth of capital by passively replicating a broad and fairly stable combination of securities, including equity, bond, money market, property or derivative instruments, both locally and abroad. The allocation of investments in the portfolio aims to comply with the provisions of Regulation 28 of the Pension Funds Act at all times and will therefore be appropriate for retirement funds. The portfolio may also include participatory interests in portfolios of collective investment schemes, both locally and internationally, subject to the provisions of CISCA. The equity exposure of the portfolio will typically not exceed 25-40% of the aggregate market value of the portfolio.

Investment Performance

Annual Return and Maximum Drawdown Figures Updated: 01 Jan 1900
2 years 3 years 5 years 7 years 10 years Maximum Drawdown
5.69% 6.05% n/a n/a n/a -4.05%

Fund and Adviser Fees

Adviser Fees Administration Fees Management Fees
Upfront Annual Standard Manager Discount Effective Annual Fee Total Expense Ratio (TER)
0.00% 0.50% not available not available not available 0.34%

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?

Fixed fee of 0.29% (incl. VAT) with no performance fee component. The underlying funds have their own fee structure.

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.

Fund Positioning

This fund is suitable for conservative investments.

Fund Asset Allocation

Asset allocation as of
30 Sep 2018

Tools

Disclaimer

Please note that while every effort is taken to ensure the accuracy of this information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the fund information presented on this page. All data is provided by Morningstar, Allan Gray and Investec.