MET Income Plus B

The Fund aims to deliver a reasonable level of sustainable income and capital stability. The investable universe of the portfolio includes interest bearing securities (including, but not limited to bonds, convertible bonds, debentures, corporate debt, cash deposits and money market instruments) as well preference shares, equity securities, property securities, and assets in liquid form. To enhance the portfolio’s income return, the portfolio may invest in securities such as equity linked notes that are exposed to price movements in the equity markets and as well as derivative instruments such as futures and options. The portfolio may invest in collective investment schemes, where these schemes are operated outside South Africa they will be included only where the regulatory environment provides investor protection at least equal to that in South Africa. The manager may include listed and unlisted financial instruments, forward currency, interest rate and exchange rate swap transactions

Key stats

Management firm  MET Collective Investments Limited
Domicile  South Africa
Global Branding Name  MET Collective Investments
12 month yield  5.56%
Fund currency  ZAR
Net Assets Date  2014-06-30
Net Assets  R213,499,400
Launch Date  2013-06-03
ISIN  ZAE000176970
Manager 1 Name  Paul Crawford
Fund Strategy  ZAR/NAD Flexible Bond
Benchmark  STeFI Composite ZAR
Fund Structure  Unit Trust
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-06-30
Return - 1 Month  0.57%
Return - 2 Months  1.28 %
Return - 3 Months  1.95%
Return - 6 Months  3.73 %
Return - 9 months  6.33 %
Return - 12 Months  8.93%
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  9.04%
Return YTD  3.73%

Charges

Initial  0.00 %
Minimum Investment  R1,000,000
Maximum Managment Charge  0.80 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  Parc du Cap Building 7, Mispel Street, Bellville
Contact Address 2  7535
Contact Address 3  PO Box 925, Bellville
Contact city  Cape Town
Contact country  South Africa
Fund Admin Group  MET Collective Investments Limited
Web Address  www.metropolitan.co.za
Email contact  metunit@metropolitan.co.za
Phone  +27 (0)21 940 5981

Price

Last Price Date  2014-07-28
Pre-tax nav  1.03
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  R0.00
Price change (percentage)  0.13 %
Guaranteed NAV  0.00000
Close Price  0.00

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Ratings Disclaimer

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