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The unit trust portfolio seeks to offer investors medium- to long-term income and capital growth by actively investing in a mix of local and offshore assets. The investment manager may invest in a combination of local and offshore equities, bonds, property and cash. A maximum of 75% of the portfolio's assets may be invested in equities at all times. The unit trust portfolio complies with Regulation 28 of the South African Pension Funds Act.
The unit trust portfolio is suitable for investors requiring moderate capital growth and who do not wish to make complex asset allocation decisions between equity, cash and bonds, both locally and offshore.
The unit trust portfolio seeks to provide a sustainable income stream through the donation of a portion of the fee income - not the investor's investment return of capital appreciation - to community organisations. Current beneficiaries include Nicro's Community Victim Support Service, Childline South Africa, Rape Crisis and Habitat for Humanity.
Domestic - Asset Allocation - Prudential Variable Equity
Prudential Variable Equity Unit Trust Mean
Medium
Minimum 3 - 5 years
30 June, 31 December
1 December 1999
Lump sum R10,000 / Monthly debit order R500
Initial fee: 0%
Financial planning fee: max 3.42%
Annual portfolio management fee (A): 1.71%
| 1 year to 31 Dec 2011: | 6.9% pa |
| 3 years to 31 Dec 2011: | 11.5% pa |
| 5 years to 31 Dec 2011: | 4.7% pa |
| 7 years to 31 Dec 2011: | 10.8% pa |
| 10 years to 31 Dec 2011: | 12.0% pa |
| Class: R | | | Price: - |
| Class: A | | | Price: 3003.21 |
| Class: A1 | | | Price: - |
| Class: B | | | Price: - |
| Share: | % Fund |
|---|---|
| Nedgroup Inv Global Balanced Fund | 17.8 |
| Naspers Ltd | 7.5 |
| Anglo American Plc | 7.2 |
| MTN Group Ltd | 6.1 |
| Anglo American Platinum Ltd | 4.7 |
| Sasol Ltd | 4.2 |
| BHP Billiton Plc | 3.0 |
| Anglogold Ashanti Ltd | 2.3 |
| Coronation Fund Managers | 2.2 |
| Imperial Holdings Limited | 2.0 |