BREXITS Global Strategic Managed Feeder Fund
SA Unit Trust
4.9120
Latest NAV Price - March 23, 2023
ZAR
Dealing currency
^2.25
NAV daily change %
ZAR 3.97 B
Fund size - March 23, 2023
Objective
Investment objective summary
The Fund aims to provide a total return (the combination of income and capital growth) over the long term well in excess of that obtainable from holding bank deposits, while aiming to maintain a risk profile lower than that of the typical equity fund
The Fund is a feeder fund which invests in the foreign-domiciled Ninety One GSF Global Strategic Managed Fund which in turn invests around the world in a mix of different assets including: bonds (contracts to repay borrowed money which typically pay interest at fixed times); money market instruments (tradable securities where money can be invested for short periods); company shares; convertible securities (bonds which can typically be turned into company shares); and other funds
Fund features
The Fund invests directly in our foreign domiciled Ninety One Global Strategic Managed Fund
Aims to be fully foreign-invested, with a maximum equity exposure of 75%
Diversification across asset classes seeks to reduce overall volatility with potential to generate solid long-term returns