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

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

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)