Prime General Equity B

The primary investment objective of the fund is capital appreciation through investment primarily in equity and derivative instruments across all sectors of the JSE Securities Exchange South Africa. The portfolio will invest a minimum of 75% of the market value of the portfolio in equities at all times. The Fund will strive to provide investors with a minimum return equal to the Mean of the Funds in the ASISA Domestic Equity General Category on a rolling three-year basis.
The Manager will be permitted to invest on behalf of the Prime General Equity Fund in offshore investments as legislation permits. 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 be able to manage the fund 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.

Key stats

Management firm  Prime CIS Mgmt Co
Domicile  South Africa
Global Branding Name  Prime
12 month yield  1.84%
Fund currency  ZAR
Net Assets Date  2012-07-31
Net Assets  R280,002,062
Launch Date  2009-08-21
ISIN  ZAE000138749
Manager 1 Name  Ivan Missankov
Manager 2 Name  Justin Bester
Fund Strategy  South Africa & Namibia Equity
Benchmark  FTSE/JSE All Share TR ZAR
Fund Structure  Unit Trust
UCITS 3 compliant  no

Performance/Volatility

Return Date  2012-07-31
Return - 1 Month  2.78%
Return - 2 Months  4.90 %
Return - 3 Months  2.65%
Return - 6 Months  5.28 %
Return - 9 months  12.91 %
Return - 12 Months  13.01%
Annualized return 24 months  14.90 %
Annualized return 36 months  0.00 %
Annualized return 48 months  0.00 %
Annualized return 60 months  0.00 %
Return 120 months  0.00 %
Annualized return since Inception  15.69%
Return YTD  12.60%

Charges

Initial  0.00 %
Minimum Investment  R1,000,000
Maximum Managment Charge  0.97 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  Postnet Suite 208, Private Bag X9, Benmore
Contact Address 2  2010
Contact city  Johannesburg
Contact country  South Africa
Fund Admin Group  Prime CIS Mgmt Co
Phone  +27 (0)11 322 4578

Price

Last Price Date  2014-07-25
Pre-tax nav  1.93
Pre-tax offer  0.00
Pre-tax bid  0.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  R-0.01
Price change (percentage)  -0.39 %
Guaranteed NAV  0.00000
Close Price  0.00

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