0.37 /
0.33%
1.1147
NAV (ZAR) on 2024/09/13
| NAV (ZAR) on 2024/09/12 |
1.1110 |
| 52 week high on 2024/06/06 |
1.1639 |
| 52 week low on 2023/11/01 |
0.9557 |
| Total Expense Ratio on 2022/12/31 |
5.15 |
| Total Expense Ratio (performance fee) on |
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 Momentum FutureTrends Fund objective is to achieve high long-term capital growth. The portfolio will be one that incorporates and focuses on evolutionary dynamics with a view of the future investment landscape, targeting economic development and trends that we believe will shape the future. It will be a holistic solution that will not only target a single event or area of development, but one that will capture a wide variety of themes. The expectation for the portfolio is to exhibit equity like volatility over time, but with a commensurate real return objective over periods longer than 7 years.
The portfolio's investment universe will consist of equity and property related securities, assets in liquid form and participatory interests and other forms of participation in local of foreign collective investment scheme portfolios. In order to aim to provide high long term real returns the portfolio's equity exposure will be a minimum of 80% of the portfolio's net asset value and the fund may invest in foreign securities, subject to a minimum of 50%
The portfolio may from time to time invest in listed and unlisted financial instruments, in accordance with the provisions of the Act and applicable legislation as amended from time to time, in order to achieve the portfolio's investment objective. The Trustee shall ensure that the investment policy set out in this Supplemental Deed is carried out.
For the purposes of this portfolio, 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 manage the portfolio in accordance with its mandate. The manager may once a portfolio has bene closed open that portfolio again to new investors on a date determined by the manager.
