Nedgroup Investments Global Cautious Feeder Fund

Fund Objectives

The portfolio is suitable for investors seeking medium to long term exposure to a diversified multi-asset portfolio of global investments, with a focus on fixed income, whilst being prepared to accept a degree of volatility in performance. The portfolio will have a maximum equity exposure of 30%. The portfolio will be subject to currency fluctuations due to its international exposure. The portfolio is rand-denominated, which provides investors who may have utilised their full individual offshore allowance an opportunity to obtain additional exposure to international markets.

Investment Strategy

To seek to provide investors with steady medium to long-term capital growth and income, whilst at the same time controlling the level of downside risk. Apart from assets in liquid form, the portfolio will consist solely of participatory interests in a single portfolio of a collective investment scheme operating in a territory outside South Africa, currently the NIF Global Cautious Fund, which is a sub-fund under the Nedgroup Investments Funds PLC Scheme, or such other foreign sub-fund as may be decided from time to time by the manager with the consent of the trustee. The foreign CIS is characterised by comprising securities of companies listed on exchanges outside of South Africa, bonds and other debt instruments issued by foreign sovereign states and companies, listed property securities and other securities which provide steady growth of capital and income. The equity exposure will typically not exceed 50% 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
2.47% -0.65% n/a n/a n/a -19.86%

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 1.13%

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?

No fee. However, a fixed annual management fee of 0.95% (VAT exempt) per annum is charged in the underlying fund.

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 Jun 2017

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.