Camissa SA Equity Fund (D) - KSEQFD fund information

The investment objective of the Portfolio is to provide steady capital growth and a total portfolio return that is better than the average general equity fund. The generation of income is of secondary importance.
To achieve these objectives, the Portfolio will employ a valuation-based stock picking strategy. Stock picking will be based on using a bottom-up valuation process and the accompanying investment process. The Portfolio will generally be fully invested in a diversified portfolio of equity securities, subject to the statutory investment limitations.
The Portfolio may also include participatory interests or any other form of participation in portfolios of collective investment schemes or other similar schemes only where the scheme's initial registration is in South Africa.
Nothing in this supplemental deed shall preclude the Manager from varying the ratios of securities, to maximise capital growth and investment potential in a changing economic environment or market conditions or to meet the requirements, if applicable, of any exchange formally recognised in terms of legislation and from retaining cash or placing cash on deposit in terms of the deed and this supplemental deed; provided that the Manager shall ensure that the aggregate value of the assets comprising the Portfolio shall consist of securities and assets in liquid form of the aggregate value required from time to time by the Act.
For the purposes of the Portfolio the Manager shall reserve the right to close the Portfolio to new investors. This will be done to be able to manage the Portfolio in accordance with its mandate. This critical size shall be determined from time to time by the Manager.
The Trustee shall ensure that the investment policy set out in this supplemental deed is carried out.