The unit trust portfolio is suitable for investors seeking enhanced money market returns, but who have a low tolerance for capital loss and who do not wish to make complex asset allocation decisions between cash, bonds, property and other fixed interest asset classes. The portfolio typically displays higher volatility than a money market unit trust portfolio.
Abax Investments is an owner-managed company that focuses exclusively on investment management. Abax aims to construct diversified portfolios which have the ability to generate performance in a range of market conditions. They are characterised by a small and focused team of experienced investment professionals, with varied expertise in stock selection, fixed interest and asset allocation. Abax Investments was established in 2003 and manages the Nedgroup Investments Rainmaker, Entrepreneur, Opportunity and Flexible Income Funds.
29 October 2004
110% SteFi Call Deposit over rolling 1 year
|excl VAT||incl VAT|
|Fund management fee||0.75%||0.86%|
|Total expense ratio||0.90%|
|Fund transacting costs||0.02%|
|Total investment charges||0.92%|