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Portfolio details

Nedgroup Investments Flexible Income Fund



Portfolio objective

The unit trust portfolio aims to maximise income and identify opportunistic capital gains by actively repositioning the fund across a dynamic mix of cash, bonds and other fixed interest securities.


Investor profile

The unit trust portfolio is suitable for investors seeking enhanced money market returns, but who have a low tolerance for capital loss and who do not wish to make complex asset allocation decisions between cash, bonds, property and other fixed interest asset classes. The portfolio typically displays higher volatility than a money market unit trust portfolio.


Sector

Domestic - Fixed Interest - Varied Specialist


Benchmark

110% STeFI Call Rate


Risk rating

Low


Appropriate term

Minimum 6 months


Income distributions

31 March, 30 June, 30 September, 31 December


Inception date

1 July 1999


Minimum investments

Lump sum R10,000 / Monthly debit order R500


Fees (including VAT)

Initial fee: 0%

Financial planning fee: max 1.14%

Annual portfolio management fee (R): 0.86%

Annual portfolio management fee (A): 0 - 1.43%*
*Performance fee calculated daily as 10% of total positive performance above high watermark, limited to a maximum of 1.43% (including VAT) over any rolling 12-month period. 

Annual portfolio management fee (A1): 0.57% - 2.00%*
*Base fee: 0.57% plus performance fee calculated daily as 10% of total positive performance above high watermark, limited to a maximum of 1.43% (including VAT) over any rolling 12-month period.

Price & Performance

Performance:

1 year to 31 Dec 2011: 12.1% pa
3 years to 31 Dec 2011: 8.4% pa
5 years to 31 Dec 2011: 9.8% pa
7 years to 31 Dec 2011: 9.3% pa
10 years to 31 Dec 2011: 10.4% pa

Price at 03/02/2012:

Class: R | Price: 1407.90
Class: A | Price: 1409.33
Class: A1 | Price: -
Class: B | Price: -

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