0.37 /
0.38%
0.9834
NAV (ZAR) on 2024/11/14
| NAV (ZAR) on 2024/11/13 |
0.9797 |
| 52 week high on 2024/09/17 |
1.0276 |
| 52 week low on 2023/11/16 |
0.9165 |
| Total Expense Ratio on |
0 |
| Total Expense Ratio (performance fee) on |
0 |
Here is a list of JSE shares held in this Unit Trust. These tables reflect changes in holdings over two quarters, but do not show where a fund has completely sold a holding during the latest quarter.
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In order to achieve the portfolio's investment objective, the M&G GLOBAL LISTED INFRASTRUCTURE FEEDER FUND, apart from assets in liquid form and listed and unlisted financial instruments subject to the limitations per 3.4, will consist solely of participatory interests in a single portfolio of a collective investment scheme operated in territories with a regulatory environment which is to the satisfaction of the Manager and Trustee of a sufficient standard to provide investor protection at least equivalent to that in South Africa, namely the M&G (LUX) Global Listed Infrastructure Fund under The M&G (Lux) Investment Funds 1 scheme, domiciled in Luxembourg. The underlying funds investment universe consist of eligible publicly-listed equity securities issued by infrastructure companies and closed-ended real estate investments trusts ('REITS') across any market capitalisation that are domiciled in any country, including emerging markets.
The portfolio may from time to time invest in listed and unlisted financial instruments, in accordance with the provisions of the Act, and the Regulations thereto, as amended from time to time, in order to hedge exchange rate risk where the portfolio is exposed to exchange rate risks.
Nothing in this supplemental deed shall preclude the Manager from varying the ratios of securities to best position the portfolio to achieve its objective in a changing economic environment or market conditions or to meet the requirements, if applicable, of any exchange as defined 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 purpose of this portfolio, the Manager shall reserve the right to close the portfolio to new investors on a date determined by the Manager. This will be done in order to manage the portfolio in accordance with its mandate. The Manager may, once the portfolio has been closed, open the portfolio again to new investors on a date determined by the Manager.
The Trustee shall ensure that the investment policy set out in this supplemental deed is carried out.
