The Palmyra BCI Equity Fund aims to provide investors with high long-term capital growth with a relative low risk of long-term capital loss by investing in a diversified portfolio of local equity securities.
Who the fund may be suitable for
Investors who wish to maximise potential returns.
Those seeking wealth accumulation via exposure to equity markets.
Those who have a 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.
Fund information
INVESTOR NEED
Long-term growth
BENCHMARK
Capped SWIX
INVESTMENT VEHICLE
Unit trust
WHAT DOES THE FUND INVEST IN?
The Palmyra BCI SA Equity Fund is a domestic general equity portfolio that aims to provide investors with high long-term capital growth. The portfolio’s net equity exposure will be a minimum of 80% of the portfolio's asset value. The portfolio’s investment universe consists of South African equity securities, preference shares, property shares and property related securities, notes, non-equity securities, interest bearing instruments and securities as well as assets in liquid form.
RISK RATING
High
TIME HORIZON
Five-years or longer
ASSET CLASS(ES)
Equities and cash
Long-term growth
BENCHMARK
Capped SWIX
INVESTMENT VEHICLE
Unit trust
WHAT DOES THE FUND INVEST IN?
The Palmyra BCI SA Equity Fund is a domestic general equity portfolio that aims to provide investors with high long-term capital growth. The portfolio’s net equity exposure will be a minimum of 80% of the portfolio's asset value. The portfolio’s investment universe consists of South African equity securities, preference shares, property shares and property related securities, notes, non-equity securities, interest bearing instruments and securities as well as assets in liquid form.
RISK RATING
High
TIME HORIZON
Five-years or longer
ASSET CLASS(ES)
Equities and cash
LAUNCH DATE
1 March 2006
ASISA CLASSIFICATION (WHERE RELEVANT)
ASISA SA Equity SA 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
1 March 2006
ASISA CLASSIFICATION (WHERE RELEVANT)
ASISA SA Equity SA 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
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)
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)