Truffle Flexible C

The primary investment objective of the Truffle Flexible Fund is to maximize returns over the longer term at the risk of greater short term volatility of capital values. The investment manager has substantial flexibility to vary the asset allocation in such a manner as he deems appropriate.

The portfolio may also include participatory interest or any other form of participatory interest in collective investment schemes or other similar schemes. Where the aforementioned schemes are operated in territories other than South Africa, participatory interest or any form of participation in these schemes will be included in the portfolio only where the regulatory environment 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.

The Manager will be permitted to invest on behalf of the Truffle Flexible Fund in offshore investments as legislation permits.

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 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  3.02%
Fund currency  ZAR
Net Assets Date  2014-09-30
Net Assets  R921,984,043
Launch Date  2010-11-19
ISIN  ZAE000152054
Manager 1 Name  Jonathan du Toit
Manager 2 Name  Iain Power
Fund Strategy  ZAR/NAD Flexible Allocation
Benchmark  ASISA SA MA Flexible - Sector Average
Fund Structure  Unit Trust
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-09-30
Return - 1 Month  0.74%
Return - 2 Months  0.78 %
Return - 3 Months  0.58%
Return - 6 Months  8.24 %
Return - 9 months  11.74 %
Return - 12 Months  19.81%
Annualized return 24 months  21.89 %
Annualized return 36 months  22.70 %
Annualized return 48 months  0.00 %
Annualized return 60 months  0.00 %
Return 120 months  0.00 %
Annualized return since Inception  19.04%
Return YTD  11.74%

Ratings

Morning Star Rating Date   2014-09-30
Morning Star Rating - 36 Months  fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating
Morning Star Rating - Overall  fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating

Charges

Initial  3.42 %
Minimum Investment  R500,000
Maximum Managment Charge  0.01 %
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  2014-10-28
Pre-tax nav  1.78
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  R0.01
Price change (percentage)  0.63 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

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Ratings Disclaimer

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