Funds

The Star Late Edition - - COMPANIES -

For ex­am­ple, an in­vestor may seek coun­try di­ver­si­fi­ca­tion out­side of South Africa or ex­po­sure to emerg­ing mar­kets.

El­ize Botha, man­ag­ing di­rec­tor of Old Mu­tual Unit Trusts, adds that other con­sid­er­a­tions that in­vestors should take into ac­count are min­i­mum in­vest­ment amounts and fees.

“Ini­tial ad­min­is­tra­tion charges, ad­vi­sor fees and on­go­ing per­for­mance fees will dif­fer from fund to fund, with the spe­cific bench­mark used to mea­sure fund per­for­mance.

“There is also usu­ally a min­i­mum in­vest­ment re­quired, which will range be­tween funds and in­vest­ment houses.”

Botha says that at the end of the day, if an in­vestor is cer­tain of what they are look­ing for, it is just a mat­ter of find­ing the fund that best matches their spe­cific ob­jec­tives.

“This, how­ever, is of­ten eas­ier said than done, and is not the type of de­ci­sion that any­body takes lightly.

“An ac­cred­ited fi­nan­cial plan­ner can as­sist in set­ting re­al­is­tic in­vest­ment goals that are based on an in­vestor’s in­di­vid­ual cir­cum­stances and pref­er­ences, as well as be­ing able to pro­vide ad­vice on which fund is best aligned to achiev­ing these goals,” she con­cludes.

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