This fund is ideal for investors with a medium-to-high risk tolerance looking for long-term capital and income growth through cost-effective exposure to the South African listed property sector. The recommended investment horizon is five years or longer.
South African - Real Estate - General
FTSE/JSE South African Listed Property Index (J253)
Johny Lambridis and Yusuf Mowlana
02 December 2005
Investor Class (A): R10 000
Tax-Free Class (T): R10 000
Investor Class (A): R500 pm
Tax-Free Class (T): R500 pm
Distributed quarterly
Morningstar/Standard & Poor’s
| DATE | UNIT | PRICE |
No initial fees charged
Investor Class (A): 0.65%
Tax-Free Class (T): 0.60%
This fund aims to provide total returns (after fees) above the SA Listed Property Index and long-term capital growth, at a lower cost.
This fund invests in South African listed property instruments and liquid assets using a valuation-based investing approach. It aims to provide a total return above the South African Listed Property Index with tracking error of not more than 2% per year. No direct investment in physical property may be made.
