Prime Optimal Balanced FoF B

The fund aims for a secure steady growth of capital and income. Investments to be included will, apart from assets in liquid form, consist of participatory interests of collective investment schemes or other similar collective investment schemes registered in South Africa, or of portfolios of collective investment schemes operated in territories with a regulatory environment that provides investor protection at least equal to that in South Africa. Equity exposure will be between 40% and 60% at all times and will be limited to investments in Exchange Traded Funds only. The Equity strategy of the portfolio is therefore a passive and low cost strategy. The portfolio will be managed in compliance with prudential investment guidelines for retirement funds in South Africa

Key stats

Management firm  Prime CIS Mgmt Co
Domicile  South Africa
Global Branding Name  Prime
Fund currency  ZAR
Net Assets Date  2014-08-31
Net Assets  R96,373,153
Launch Date  2012-10-23
ISIN  ZAE000168688
Manager 1 Name  Ali Solim
Fund Strategy  ZAR/NAD Moderate Allocation
Benchmark  FTSE/JSE Top 40 SWIX TR ZAR
Fund Structure  Unit Trust
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-08-31
Return - 1 Month  0.34%
Return - 2 Months  1.17 %
Return - 3 Months  2.40%
Return - 6 Months  5.63 %
Return - 9 months  9.85 %
Return - 12 Months  15.25%
Annualized return 24 months  0.00 %
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  12.39%
Return YTD  6.96%

Charges

Initial  0.00 %
Minimum Investment  R50,000
Maximum Managment Charge  0.60 %
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  2014-09-25
Pre-tax nav  1.23
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-0.00
Price change (percentage)  -0.02 %
Guaranteed NAV  0.00000
Close Price  0.00

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Ratings Disclaimer

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