Investment and Return Objective
The Fund aims to outperform the FTSE/JSE Africa Top 40 index. Tracking error to the index is minimised in the process.
The Fund is an equity index Fund where returns are enhanced by taking advantage of low risk arbitrage opportunities in the market. Additional benefits are gained from efficient implementation of cash flows, dividend reinvestments, management of corporate actions, use of future discounts and index rebalancing. The Fund aims to remain fully invested in equities at all times.
Who Should Invest
Investors seeking broad based exposure to the large capitalisation sector of the South African equity market. This Fund is appropriate for investors with a long-term investment horizon.
Risk Indicator = Aggressive
Risk Indicator Definition
These portfolios typically hold meaningful equity and/or offshore exposure which may result in significant capital volatility over all periods. Due to their nature expected long-term returns are higher than for the other risk categories.