Prudential Enhanced Income Fund

Fund Objectives

To maximise total returns in excess of the benchmark over a rolling 36 month period while seeking to protect capital and reduce volatility through active asset management

Investment Strategy

Fund Objective: To maximise total returns in excess of the benchmark over a rolling 36-month period, while seeking to protect capital and reduce volatility through active asset management. Investor profile: Individuals requiring an actively managed income solution that provides a high income return together with moderate capital growth. The recommended investment horizon is 1 to 3 years. Investment Mandate: The Fund invests in a flexible mix of high-yielding securities. The intended maximum limits are Equity 10%, Listed Property 25%, Offshore 20%, plus additional 5% Africa (excl. SA). No duration constraints apply. The Fund is managed to comply with regulations governing retirement fund investments (Regulation 28).

Investment Performance

Annual Return and Maximum Drawdown Figures Updated: Never
2 years 3 years 5 years 7 years 10 years Maximum Drawdown
n/a n/a n/a n/a n/a n/a

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 0.63%

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% 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
31 Mar 2018

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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.