1.04 /
0.1%
10.4016
NAV (ZAR) on 2024/09/13
| NAV (ZAR) on 2024/09/12 |
10.3912 |
| 52 week high on 2024/09/11 |
10.4088 |
| 52 week low on 2023/09/28 |
9.0440 |
| Total Expense Ratio on 2024/06/30 |
0.55 |
| Total Expense Ratio (performance fee) on 2024/06/30 |
0 |
Here is a list of JSE shares held in this Unit Trust. These tables reflect changes in holdings over two quarters, but do not show where a fund has completely sold a holding during the latest quarter.
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The Oakhaven SNN Bond Fund will aim to achieve a high level of sustainable income while securing steady capital growth. In order to achieve this objective, the fund will invest in a diversified range of listed and unlisted fixed interest instruments, including but not limited to, government bonds, semi-government bonds, corporate bonds, fixed deposits, assets in liquid form, money market instruments and other interest-bearing instruments that offer value on a relative basis. The fund is permitted to invest in listed and unlisted financial instruments as determined by regulations from time to time. The fund will have flexibility to invest across the duration, credit and yield spectrum. The fund will predominately invest in South African markets but is permitted to include investments in offshore jurisdictions subject to the investment conditions determined by the legislation from time to time.
The fund will be subject to the Prudential Investment Guidelines for South African Retirement Funds, being Regulation 28 of the Pension Funds Act, or such other legislation published from time to time.
Nothing in this supplemental deed shall preclude the manager from varying the ratio of instruments, to achieve the investment objective and investment potential in a changing economic environment or market conditions or to meet the requirements, if applicable, of any exchange formally recognized in terms of legislation and from retaining cash or placing cash on deposit in terms of the deed and supplemental deed thereto; provided that the manager shall ensure that the aggregate value of the assets comprising the portfolio shall consist of instruments of the aggregate value required from time to time by the Act.
The Trustee shall ensure that the investment policy set out in this supplemental deed, the Deed and in all Supplemental Deeds thereto is carried out.
The manager, in consultation with the investment manager, reserve the right to close the portfolio to new investors on a date determined by the manager. This will be done to allow the portfolio to be managed in accordance with its mandate. The manager may, once a portfolio has been closed, reopen that portfolio again to new investors on a date determined by the manager.
