Prescient Income Provider Fund

Fund Objectives

The Fund aims to return CPI +3% per annum through a full interest rate cycle while providing stability by aiming never to lose capital over any rolling 3 month period

Investment Strategy

The fund’s objective is to provide as high a level of income as is consistent with capital preservation and liquidity. Capital gains will be of an incidental nature The manager may invest in high yielding securities and fixed interest stocks including gilt-edged securities, municipal, corporate and public corporations bonds, fixed deposits money market and derivative instruments as defined from time to time. Additionally the manager may invest in the participatory interests of other appropriate collective investment schemes both domestically and offshore The FUND is a fixed interest portfolio. The investment objective of the portfolio is to provide a medium whereby investors can obtain undivided participation in a diversified portfolio of income generating assets including high yielding equity, listed property shares, interest bearing stocks and financial instruments as defined from time to time.

Investment Performance

Annual Return and Maximum Drawdown Figures Updated: 01 Jan 1900
2 years 3 years 5 years 7 years 10 years Maximum Drawdown
8.65% 8.78% 9.55% 9.21% 8.93% -0.46%

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 0.61%

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 0.57% (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.