INVESTMENT TOOLS

Choosing an Investment 

If you are unsure of which Palmyra fund meets your requirements, then we suggest that you speak with your financial advisor or contact us directly.

Long-Term Growth


Multi-Asset

Has a minimum of 3-years or longer to invest and want to maximize growth.

Palmyra BCI Stable Fund

Palmyra BCI Balanced Fund

Equity


Has a minimum of 5-years or longer to invest and want to maximize growth.

Palmyra BCI Property Fund

Palmyra BCI SA Equity Fund

Palmyra BCI Global Flexible Fund of Funds

At Palmyra, we can inform you about the financial needs our various products aim to meet. We may also provide you with generic information about our products.

We may not, however, provide you with financial advice, which means we can’t tell you which of our products is best for your personal circumstances. This is the role of an authorised financial adviser.

Compare Investments

Please click on the name of each Fund to compare.

Facts:


INVESTOR NEED
Income and growth

BENCHMARK
CPI for all urban areas plus 3% per annum.

INVESTMENT VEHICLE
Unit trust

WHAT DOES THE FUND INVEST IN?
The fund invests in equities, fixed interest instruments, listed property, and cash. The intended maximum limits are up to 40% in equities, 25% in listed property, and 45% in offshore assets. Derivative strategies may also be used to mitigate the risk of capital loss. The fund is managed to comply with regulations governing retirement investments (Regulation 28) and is suitable for use in pension and provident funds.

RISK RATING
Low to moderate

TIME HORIZON
Three-years or longer

ASSET CLASS(ES)
Equities, fixed interest instruments, listed property and cash

General:


LAUNCH DATE
3 September 2012

ASISA CLASSIFICATION (WHERE RELEVANT)
ASISA SA Multi Asset Low Equity

INCOME DISTRIBUTION / PAYMENT
Quarterly (31 March, 30 June, 30 September, and 31 December)

INVESTMENT MINIMUM
Lump sum: R5 000
Monthly: R500
Ad hoc: R500

REGULATION 28
Yes

CURRENCY AVAILABILITY
South African rand

STATUS
Open

LIQUIDITY
Daily

Fees:


Palmyra Initial Fee
NIL

Palmyra Annual Management Fee
1.00% (excluding VAT)

Palmyra Performance Fee
NIL

Advisor Maximum Initial Fee
3.00% (excluding VAT)

Advisor Maximum Ongoing Fee
1.00% (excluding VAT)

Total Expense Ratio (TER)
See Fund Fact Sheet

Facts:


INVESTOR NEED
Income and growth

BENCHMARK
CPI for all urban areas plus 4% per annum.

INVESTMENT VEHICLE
Unit trust

WHAT DOES THE FUND INVEST IN?
The fund invests in equities, fixed interest instruments, listed property and cash. The intended maximum limits are: up to 75% in equities, 25% in listed property, and 45% in offshore assets. Derivative strategies may also be used to mitigate the risk of capital loss. The fund is managed to comply with regulations governing retirement investments (Regulation 28) and is suitable for use in pension and provident funds.

RISK RATING
Moderate

TIME HORIZON
Three-years or longer

ASSET CLASS(ES)
Equities, fixed interest instruments, listed property and cash

General:


LAUNCH DATE
1 March 2006

ASISA CLASSIFICATION (WHERE RELEVANT)
ASISA SA Multi Asset High Equity

INCOME DISTRIBUTION / PAYMENT
Bi-annual (30 June, 31 December)

INVESTMENT MINIMUM
Lump sum: R5 000
Monthly: R500
Ad hoc: R500

REGULATION 28
Yes

CURRENCY AVAILABILITY
South African rand

STATUS
Open

LIQUIDITY
Daily

Fees:


Palmyra Initial Fee
NIL

Palmyra Annual Management Fee
1.25% (excluding VAT)

Palmyra Performance Fee
NIL

Advisor Maximum Initial Fee
3.00% (excluding VAT)

Advisor Maximum Ongoing Fee
1.00% (excluding VAT)

Total Expense Ratio (TER)
See Fund Fact Sheet

Facts:


INVESTOR NEED
Long-term growth

BENCHMARK
FTSE/JSE SA Listed Property Index (J253T)

INVESTMENT VEHICLE
Unit trust

WHAT DOES THE FUND INVEST IN?
The investable universe of the portfolio will include equity and property securities, including companies that derive a material portion of their income from property investment, property collective investment schemes, property loan stock, fixed interest securities, preference shares, non-equity securities and assets in liquid form.
The portfolio will invest at least 80% of the market value of the portfolio in shares listed in the FTSE / JSE Real Estate industry group or similar sector of an international stock exchange and may include other high yielding securities from time to time. Up to 10% of the portfolio may be invested in shares outside the property sector in companies that conduct similar business activities.

RISK RATING
Moderate-High

TIME HORIZON
Five-years or longer

ASSET CLASS(ES)
Equities and property securities

General:


LAUNCH DATE
2 January 2015

ASISA CLASSIFICATION (WHERE RELEVANT)
ASISA SA Real Estate General

INCOME DISTRIBUTION / PAYMENT
Quarterly (31 March, 30 June, 30 September, 31 December)

INVESTMENT MINIMUM
Lump sum: R5 000
Monthly: R500
Ad hoc: R500

REGULATION 28
Not Applicable

CURRENCY AVAILABILITY
South African rand

STATUS
Open

LIQUIDITY
Daily

Fees:


Palmyra Initial Fee
NIL

Palmyra Performance Fee
NIL

Advisor Maximum Initial Fee
3.00% (excluding VAT)

Advisor Maximum Ongoing Fee
1.00% (excluding VAT)

Total Expense Ratio (TER)
See Fund Fact Sheet

Facts:


INVESTOR NEED
Long-term growth

BENCHMARK
FTSE/JSE Capped Shareholders Weighted Index (J433T)

INVESTMENT VEHICLE
Unit trust

WHAT DOES THE FUND INVEST IN?
The fund invests in a diversified portfolio of local equities.

RISK RATING
High

TIME HORIZON
Five-years or longer

ASSET CLASS(ES)
Equities and cash

General:


LAUNCH DATE
1 March 2006

ASISA CLASSIFICATION (WHERE RELEVANT)
ASISA SA Equity General

INCOME DISTRIBUTION / PAYMENT
Bi-annual (30 June, 31 December)

INVESTMENT MINIMUM
Lump sum: R5 000
Monthly: R500
Ad hoc: R500

REGULATION 28
Not Applicable

CURRENCY AVAILABILITY
South African rand

STATUS
Open

LIQUIDITY
Daily

Fees:


Palmyra Initial Fee
NIL

Palmyra Performance Fee
NIL

Advisor Maximum Initial Fee
3.00% (excluding VAT)

Advisor Maximum Ongoing Fee
1.00% (excluding VAT)

Total Expense Ratio (TER)
See Fund Fact Sheet

Facts:


INVESTOR NEED
Long-term growth

BENCHMARK
Global Multi Asset Flexible Category Average

INVESTMENT VEHICLE
Unit trust

WHAT DOES THE FUND INVEST IN?
Investments to be included in the portfolio may, apart from assets in liquid form, consists of participatory interests and other forms of participation of local and global collective investment schemes. The portfolios will be investing in liquid form, equity securities, property securities, non-equity securities, preference shares debentures, bonds, fixed deposits, money market instruments and other interest-bearing securities.
The portfolio’s offshore exposure exceeds 80% of its asset value.

RISK RATING
Medium - High

TIME HORIZON
Five-years or longer

ASSET CLASS(ES)
All asset classes with a minimum of 80% offshore

General:


LAUNCH DATE
4 March 2020

ASISA CLASSIFICATION (WHERE RELEVANT)
Global Multi Asset Flexible

INCOME DISTRIBUTION / PAYMENT
Bi-annual (30 June, 31 December)

REGULATION 28
Not applicable

CURRENCY AVAILABILITY
South African rand

STATUS
Open

LIQUIDITY
Daily

Fees:


Palmyra Initial Fee
NIL

Palmyra Performance Fee
NIL

Advisor Maximum Initial Fee
3.00% (excluding VAT)

Advisor Maximum Ongoing Fee
1.00% (excluding VAT)

Total Expense Ratio (TER)
See Fund Fact Sheet

Facts:


INVESTOR NEED
Income and growth

BENCHMARK
CPI for all urban areas plus 4% per annum.

INVESTMENT VEHICLE
Unit trust

WHAT DOES THE FUND INVEST IN?
The fund invests in equities, fixed interest instruments, listed property and cash. The intended maximum limits are: up to 75% in equities, 25% in listed property, and 45% in offshore assets. Derivative strategies may also be used to mitigate the risk of capital loss. The fund is managed to comply with regulations governing retirement investments (Regulation 28) and is suitable for use in pension and provident funds.

RISK RATING
Moderate

TIME HORIZON
Three-years or longer

ASSET CLASS(ES)
Equities, fixed interest instruments, listed property and cash

General:


LAUNCH DATE
1 March 2006

ASISA CLASSIFICATION (WHERE RELEVANT)
ASISA SA Multi Asset High Equity

INCOME DISTRIBUTION / PAYMENT
Bi-annual (30 June, 31 December)

INVESTMENT MINIMUM
Lump sum: R5 000
Monthly: R500
Ad hoc: R500

REGULATION 28
Yes

CURRENCY AVAILABILITY
South African rand

STATUS
Open

LIQUIDITY
Daily

Fees:


Palmyra Initial Fee
NIL

Palmyra Annual Management Fee
1.25% (excluding VAT)

Palmyra Performance Fee
NIL

Advisor Maximum Initial Fee
3.00% (excluding VAT)

Advisor Maximum Ongoing Fee
1.00% (excluding VAT)

Total Expense Ratio (TER)
See Fund Fact Sheet

Facts:


INVESTOR NEED
Income and growth

BENCHMARK
CPI for all urban areas plus 3% per annum.

INVESTMENT VEHICLE
Unit trust

WHAT DOES THE FUND INVEST IN?
The fund invests in equities, fixed interest instruments, listed property, and cash. The intended maximum limits are up to 40% in equities, 25% in listed property, and 45% in offshore assets. Derivative strategies may also be used to mitigate the risk of capital loss. The fund is managed to comply with regulations governing retirement investments (Regulation 28) and is suitable for use in pension and provident funds.

RISK RATING
Low to moderate

TIME HORIZON
Three-years or longer

ASSET CLASS(ES)
Equities, fixed interest instruments, listed property and cash

General:


LAUNCH DATE
3 September 2012

ASISA CLASSIFICATION (WHERE RELEVANT)
ASISA SA Multi Asset Low Equity

INCOME DISTRIBUTION / PAYMENT
Quarterly (31 March, 30 June, 30 September, and 31 December)

INVESTMENT MINIMUM
Lump sum: R5 000
Monthly: R500
Ad hoc: R500

REGULATION 28
Yes

CURRENCY AVAILABILITY
South African rand

STATUS
Open

LIQUIDITY
Daily

Fees:


Palmyra Initial Fee
NIL

Palmyra Annual Management Fee
1.00% (excluding VAT)

Palmyra Performance Fee
NIL

Adviser Maximum Initial Fee
3.00% (excluding VAT)

Adviser Maximum Ongoing Fee
1.00% (excluding VAT)

Total Expense Ratio (TER)
See Fund Fact Sheet

Facts:


INVESTOR NEED
Long-term growth

BENCHMARK
FTSE/JSE SA Listed Property Index (J253T)

INVESTMENT VEHICLE
Unit trust

WHAT DOES THE FUND INVEST IN?
The investable universe of the portfolio will include equity and property securities, including companies that derive a material portion of their income from property investment, property collective investment schemes, property loan stock, fixed interest securities, preference shares, non-equity securities and assets in liquid form.
The portfolio will invest at least 80% of the market value of the portfolio in shares listed in the FTSE / JSE Real Estate industry group or similar sector of an international stock exchange and may include other high yielding securities from time to time. Up to 10% of the portfolio may be invested in shares outside the property sector in companies that conduct similar business activities.

RISK RATING
Moderate-High

TIME HORIZON
Five-years or longer

ASSET CLASS(ES)
Equities and property securities

General:


LAUNCH DATE
2 January 2015

ASISA CLASSIFICATION (WHERE RELEVANT)
ASISA SA Real Estate General

INCOME DISTRIBUTION / PAYMENT
Quarterly (31 March, 30 June, 30 September, 31 December)

INVESTMENT MINIMUM
Lump sum: R5 000
Monthly: R500
Ad hoc: R500

REGULATION 28
Not Applicable

CURRENCY AVAILABILITY
South African rand

STATUS
Open

LIQUIDITY
Daily

Fees:


Palmyra Initial Fee
NIL

Palmyra Performance Fee
NIL

Advisor Maximum Initial Fee
3.00% (excluding VAT)

Advisor Maximum Ongoing Fee
1.00% (excluding VAT)

Total Expense Ratio (TER)
See Fund Fact Sheet

Facts:


INVESTOR NEED
Long-term growth

BENCHMARK
FTSE/JSE Capped Shareholders Weighted Index (J433T)

INVESTMENT VEHICLE
Unit trust

WHAT DOES THE FUND INVEST IN?
The fund invests in a diversified portfolio of local equities.

RISK RATING
High

TIME HORIZON
Five-years or longer

ASSET CLASS(ES)
Equities and cash

General:


LAUNCH DATE
1 March 2006

ASISA CLASSIFICATION (WHERE RELEVANT)
ASISA SA Equity General

INCOME DISTRIBUTION / PAYMENT
Bi-annual (30 June, 31 December)

INVESTMENT MINIMUM
Lump sum: R5 000
Monthly: R500
Ad hoc: R500

REGULATION 28
Not Applicable

CURRENCY AVAILABILITY
South African rand

STATUS
Open

LIQUIDITY
Daily

Fees:


Palmyra Initial Fee
NIL

Palmyra Performance Fee
NIL

Advisor Maximum Initial Fee
3.00% (excluding VAT)

Advisor Maximum Ongoing Fee
1.00% (excluding VAT)

Total Expense Ratio (TER)
See Fund Fact Sheet

Facts:


INVESTOR NEED
Long-term growth

BENCHMARK
Global Multi Asset Flexible Category Average

INVESTMENT VEHICLE
Unit trust

WHAT DOES THE FUND INVEST IN?
Investments to be included in the portfolio may, apart from assets in liquid form, consists of participatory interests and other forms of participation of local and global collective investment schemes. The portfolios will be investing in liquid form, equity securities, property securities, non-equity securities, preference shares debentures, bonds, fixed deposits, money market instruments and other interest-bearing securities.
The portfolio’s offshore exposure exceeds 80% of its asset value.

RISK RATING
Medium - High

TIME HORIZON
Five-years or longer

ASSET CLASS(ES)
All asset classes with a minimum of 80% offshore

General:


LAUNCH DATE
4 March 2020

ASISA CLASSIFICATION (WHERE RELEVANT)
Global Multi Asset Flexible

INCOME DISTRIBUTION / PAYMENT
Bi-annual (30 June, 31 December)

REGULATION 28
Not applicable

CURRENCY AVAILABILITY
South African rand

STATUS
Open

LIQUIDITY
Daily

Fees:


Palmyra Initial Fee
NIL

Palmyra Performance Fee
NIL

Advisor Maximum Initial Fee
3.00% (excluding VAT)

Advisor Maximum Ongoing Fee
1.00% (excluding VAT)

Total Expense Ratio (TER)
See Fund Fact Sheet

Risk Indicator

Palmyra BCI Stable Fund

    • LOW TO MODERATE25%

  • Aims to provide investors with real returns over a rolling three-year period, while minimizing the risk of capital loss over a one-year period.
  • Active asset allocation with carefully managed equity stock selection.
  • Regulation 28 compliant.
  • Read more

Palmyra BCI Balanced Fund

    • MODERATE40%

 

  • Aims to provide investors with a balance between capital growth and income over the medium to long term by investing across asset classes.
  • Diversified exposure to the equity and fixed interest markets.
  • Regulation 28 compliant
  • Read more

Palmyra BCI Global Flexible Fund of Funds

    • MODERATE TO HIGH80%

  • Aims to provide investors with a moderate long term real return by providing them with exposure to a diverse mix of underlying portfolios, comprising global asset classes and exposure to various currencies.
  • The fund can invest into global investments across a variety of asset classes.
  • Manager has flexibility in terms of offshore asset allocations.
  • Read more

Palmyra BCI Property Fund

    • MODERATE TO HIGH80%

  • Aims to deliver a combination of high income along with long-term capital appreciation.
  • Those seeking wealth accumulation via exposure mainly to property equity markets.
  • Those who have a moderate to high-risk profile and are comfortable with market fluctuations to achieve long-term capital growth.
  • Investors who have at least a five-year or longer investment horizon.
  • Read more

Palmyra BCI Equity Fund

    • HIGH100%

  • Aims for long-term capital growth with a relatively low risk of long-term capital loss by investing in a diversified portfolio of local equity securities.
  • Fund can invest in SA equities.
  • Minimum exposure of 80% of portfolio at all times in equities.
  • Read more