0.03 /
0.03%
1.1496
NAV (ZAR) on 2024/09/12
| NAV (ZAR) on 2024/09/11 |
1.1493 |
| 52 week high on 2024/06/06 |
1.2087 |
| 52 week low on 2023/09/25 |
1.0000 |
| Total Expense Ratio on 2024/06/30 |
1.29 |
| 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 STANLIB GLOBAL SELECT FEEDER FUND will, apart from assets in liquid form consist solely of participatory interest in a single portfolio of a collective investment scheme operated in territories with a regulatory environment which 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, namely the STANLIB Global Select Fund (USD), a sub fund of the Jersey domiciled STANLIB Funds Limited.
The STANLIB Global Select Fund (USD) is a core, style agnostic portfolio, managed with the aim to achieve a return in excess of the MSCI All Country World Growth Index (over a three- to five-year time horizon), which will primarily consist of offshore listed equities and non-equity securities as permitted by legislation from time to time.
The STANLIB GLOBAL SELECT FEEDER FUND may utilise listed and unlisted financial instruments for the purposes of hedging exchange rate risk, in accordance with the provisions of the Act and the Regulations thereto, as amended from time to time, in order to achieve the portfolio's investment objective.
Nothing contained herein shall preclude the manager from varying the ratio of securities to best position the portfolio to achieve its objective in a changing economic environment or market conditions or to meet the requirements, if applicable, of any exchange recognised in terms of the Act and from retaining cash or placing cash on deposit in terms of the deed and any supplemental deeds thereto.
For the purpose of the STANLIB GLOBAL SELECT FEEDER FUND 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. The trustee shall ensure that the investment policy set out in this supplemental deed is carried out.
