FUND IN­VEST­MENT COSTS

Finweek English Edition - - COMPANIES & INVESTMENTS -

The fund has a re­ported to­tal ex­pense

ra­tio (TER) of 4.45% and a per­for­mance fee of 12.5% (shar­ing rate) of out-per­for­mance above the port­fo­lio bench­mark (hur­dle rate), cal­cu­lated over a two-year rolling pe­riod, capped at 3.5% per an­num.

In­vestors can in­vest in the fund with a min­i­mum lump sum of R5 000 or a min­i­mum monthly in­vest­ment of R500.

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