|
|
Fund Asset Allocations (R m)
|
|---|
| Equities | R 282 | R 247 |
| Local | R 282 | R 247 |
| Foreign | R 0 | R 0 |
| Cash Instr. | R 2 | R 0 |
| Local | R 2 | R 0 |
| Foreign | R 0 | R 0 |
| Property | R 0 | R 0 |
| On FoF | R 0 | R 0 |
|
|
|
Fund Investment Aims, Objective and/or Universe
|
This is a pure equity fund that aims to replicate the FTSE/JSE Dividend Plus Index.
The appeal for an investor is the alternate weighting methodology (discussed below) to the traditional FTSE/JSE Top 40, which is a market cap weighted index.The fund is rebalanced bi-annually in March and September.We believe that the benchmark choice and resulting returns form the most important elements of an equity strategy - by investing in a passive vehicle the returns to investment strategies are known.By applying a full replication strategy there is no risk of deviation from the chosen benchmark. |
|