The Fund is a Foreign Equity Portfolio. The objective of the Fund will be to achieve long term capital appreciation without concentrating on income requirements and to create an internationally diversified equity portfolio for investors. The Manager aims to do this by investing in a spread of equity securities across the globe, listed on exchanges that are full members of the World Federation of Exchanges. The investment policy followed by the manager will focus on achieving this by investing in international equity securities, listed property, money market instruments and assets in liquid form. The portfolio will be predominantly invested international equity securities in developed countries. The Fund may also invest in equity derivatives, index tracking funds and preference shares, all to be acquired at fair market prices. The portfolio may also include units or any other form of participation in portfolios of collective investment schemes or other similar schemes.
Key stats
|
Management firm |
Element Unit Trusts |
|
Domicile |
South Africa |
|
Global Branding Name |
Element Unit Trusts |
|
Fund currency |
ZAR |
|
Net Assets Date |
2013-04-30 |
|
Net Assets |
R125,058,419 |
|
Launch Date |
2011-02-09 |
|
ISIN |
ZAE000149977 |
|
Manager 1 Name |
Terence Craig |
|
Manager 2 Name |
Johny Lambridis |
|
Fund Strategy |
Global Large-Cap Growth Equity |
|
Benchmark |
MSCI World GR USD |
|
Fund Structure |
Unit Trust |
|
UCITS 3 compliant |
no |
Performance/Volatility
|
Return Date |
2013-04-30 |
|
Return - 1 Month |
-0.86% |
|
Return - 2 Months |
4.64 % |
|
Return - 3 Months |
4.58% |
|
Return - 6 Months |
15.63 % |
|
Return - 9 months |
27.28 % |
|
Return - 12 Months |
28.71% |
|
Annualized return 24 months |
24.01 % |
|
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 |
18.47% |
|
Return YTD |
16.63% |
Charges
|
Initial |
0.00 % |
|
Minimum Investment |
R5,000 |
|
Maximum Managment Charge |
0.97 % |
|
Exit charge |
0.00 % |
|
Performance Fee |
0.00 % |
Contact
|
Contact Address |
8th Floor, 125 Buitengracht Street |
|
Contact Address 2 |
8001 |
|
Contact Address 3 |
PO Box 13, Cape Town |
|
Contact city |
Cape Town |
|
Contact country |
South Africa |
|
Fund Admin Group |
Element Unit Trusts |
|
Web Address |
www.elementim.co.za |
|
Email contact |
info@elementim.co.za |
|
Phone |
+27 (0)21 426 1313 |
Price
|
Last Price Date |
2013-05-13 |
|
Pre-tax nav |
1.51 |
|
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) |
0.85 % |
|
Guaranteed NAV |
0.00000 |
|
Close Price |
0.00 |
Funds Disclaimer
© 2011 - Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed (save (i) as incidentally necessary in the course of viewing it on-line (ii) in the course of printing off single copies of web pages on which it appears for the use of those authorised to view it on-line), or adapted in any way (3) is not warranted to be accurate, complete or timely. This Morningstar-sourced information is provided to you by GFM Ltd and is at your own risk. You agree that Morningstar and or GFM Ltd are not responsible for any damages or losses arising from any use of this information and that the information must not be relied upon by you the user without appropriate verification. GFM Ltd informs you as follows: (i) The information provided should not form the sole basis of any investment decision (ii) no investment decision should be made in relation to any of the information provided other than on the advice of a professional financial advisor; (iii) past performance is no guarantee of future results; and (iv) the value and income derived from investments can go down as well as up.
Ratings Disclaimer
© 2010 - 2011 Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
