The Palmyra BCI Global Flexible Fund of Funds aims to provide investors with a moderate long-term total return by providing them with exposure to a diverse mix of underlying portfolios, comprising global asset classes and exposure to various currencies.
Who the fund may be suitable for
Investors who wish to maximise potential returns.
Those who have a medium to high-risk profile and are comfortable with market fluctuations to achieve long-term capital growth.
Those seeking wealth accumulation via exposure to global equity markets.
Investors who have at least a five-year or longer investment horizon.
Fund information
INVESTOR NEED
Long-term growth
BENCHMARK
Global Multi Asset Flexible 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
Long-term growth
BENCHMARK
Global Multi Asset Flexible 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
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
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
Palmyra Initial Fee
NIL
Palmyra Annual Management Fee
0.20% (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
NIL
Palmyra Annual Management Fee
0.20% (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