Global Behavioural Feeder Fund

Investment manager

Veritas is an independent asset management company based in the UK whose key investment objective is to deliver long term real returns for clients. Its philosophy combines a global thematic approach with a fundamental research process to construct unconstrained high-conviction portfolios of shares in the best quality companies.

Veritas Asset Management was established in 2003 and has managed the Nedgroup Investments Global Equity Feeder Fund since 2010.

Veritas has a strong internal commitment to responsible investing (RI) and differentiates itself from many of its global peers in the way they exercise shareholders' rights. This is evident by the fund’s 100% voting participation at investee company AGMs. Veritas’s investment process places high emphasis on corporate governance, with the belief that strong governance can lead to effective management of environmental and social concerns. These RI efforts are supported by an ESG team and the production of a quarterly report outlining its ESG efforts. 

Risk profile

Low risk High risk
The greater the amount of risk an investor is willing to take on the greater the potential return

Minimum investment

Lump sum: R10 000 Debit order: R500

Recommended minimum period

5 - 7 years

Inception date

19 June 2019

Asisa category

-

Benchmark

MSCI All Country World Index NR ZAR

Performance (since inception)

Annual fees and charges

excl VAT incl VAT
Fund management fee 1.25% 1.25%
+
Fund expenses 0.16%
Total expense ratio 1.41%
+
Fund transacting costs 0.14%
Total investment charges 1.55%

Price as at eac View all prices

Fund price Market change Unit count
1 452.80 -0.81% 338 383.1690

Income distribution

Cents per unit Latest date Frequency
3.02 31 December 2020 Annually