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Fund Asset Allocations (R m)
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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 |
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Fund Investment Aims, Objective and/or Universe
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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. |
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