0.03 /
0.03%
1.0165
NAV (ZAR) on 2024/11/14
| NAV (ZAR) on 2024/11/13 |
1.0162 |
| 52 week high on 2024/09/30 |
1.0242 |
| 52 week low on 2024/05/02 |
0.9871 |
| Total Expense Ratio on 2024/09/30 |
0.62 |
| Total Expense Ratio (performance fee) on 2024/09/30 |
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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The Prescient Stable Income Fund will invest in a spectrum of South African only equity, bond, money market or real estate markets. The aim of the portfolio is to maximize income yield without placing undue risk on the capital of the investor by investing in South African investment markets. Capital gains will be of an incidental nature. The Fund is not permitted to invest in offshore investment markets. The portfolio is permitted to invest in listed and unlisted financial instruments in line with the conditions as determined by legislation from time to time.
The portfolio must ensure that the aggregate effective exposure to equity and equity related securities is limited to 10%.
The portfolio will be subject to the Prudential Investment Guidelines for South African Retirement Funds, being Regulation 28 of the Pension Funds Act, or such other Legislation published from time to time.
The portfolio may apart from assets in liquid form also include participatory interests or any other form of participation in portfolios of collective investment schemes or other similar schemes.
Nothing in the supplemental deed shall preclude the manager from varying the ratios of asset allocation and securities, to maximize absolute return and investment potential in changing economic environments or market conditions or to meet the requirements, if applicable, of any exchange formally recognized in terms of legislation and from retaining cash or placing cash on deposit in terms of the Deed and any Supplemental Deeds thereto; provided that the manager shall ensure that the aggregate value of the assets comprising the portfolio shall consist of securities of the aggregate value required from time to time by the Act.
The Trustee shall ensure that the investment policy set out in this supplemental deed, the Deed and in all Supplemental Deeds thereto is carried out.
For the purpose of this portfolio, the manager in consultation with the Investment 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 be able to manage the portfolio in accordance with its mandate. The manager may, once a portfolio has been closed, open that portfolio again to new investors on a date determined by the manager.
