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Portfolio details

Nedgroup Investments Optimal Income Fund



Portfolio objective

The primary investment objective of the unit trust portfolio is to seek to generate returns that exceed cash deposits on an after-tax basis, ie returns similar to those available from a bank, but in a far more tax efficient manner through the generation of dividends, capital gains and interest income.


Investor profile

The unit trust portfolio is suitable for investors with a low tolerance for capital loss, who are high marginal taxpayers and who require a return in excess of money market rates after tax and costs. The portfolio typically displays higher volatility than a money market unit trust portfolio.


Sector

Domestic - Asset Allocation - Targeted Absolute & Real Return


Benchmark

STeFI Call Rate after income tax (40%)


Risk rating

Low


Appropriate term

Minimum 12 months


Income distributions

31 March, 30 June, 30 September, 31 December


Inception date

2 May 2002


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 (A): 0.80% 

Annual portfolio management fee (A1): 0.57%

Price & Performance

Performance:

1 year to 31 Dec 2011: 4.5% pa
3 years to 31 Dec 2011: 8.4% pa
5 years to 31 Dec 2011: 7.1% pa
7 years to 31 Dec 2011: 7.0% pa
10 years to 31 Dec 2011: -

Price at 03/02/2012:

Class: R | Price: -
Class: A | Price: 145.54
Class: A1 | Price: -
Class: B | Price: -

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