Sanlam Investment Management General Equity Fund (A) - SGEA fund information

The fund seeks maximum capital growth over the medium to long-term by investing in selected shares across all the major sectors of the JSE. This fund is suitable for investors wanting a well balanced portfolio and do not have expert knowledge of the stock exchange. Why Choose This Fund? * The fund's overweight positions in financials and industrials and underweight positions in resources are in line with the preferred tilts. * The fund is biased towards large and mid cap shares. * A general equity fund should form the core of your equity exposure. * Pragmatic value investment style - seek companies that are undervalued in relation to realistic growth prospects. * The fund's flexibility allows for movement between large, mid and small cap shares. Additional Fund Information * The fund manager may borrow up to 10% of the market value of the portfolio to bridge insufficient liquidity. * The fund's name changed on 1 April 2004. The fund was previously called the Sanlam General Trust. * This fund is also available via certain LISPs (Linked Investment Services Providers), who levy their own fees. * Total Expense Ratio (TER): This fund has a TER of 1.12 and 1.28% (R and A class respectively). For the period from 1 January 2007 to 31 March 2007 1.12 and 1.28% (R and A class respectively) of the average net asset value of the portfolio were incurred as charges, levies and fees related to the management of the portfolio. The ratio does not include the cost of acquiring assets. A higher TER does not necessarily imply a poor return, nor does a low TER imply a good return. The current TER can not be regarded as an indication of future TERs.