Global Equity Feeder Fund

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Investor Profile

The unit trust portfolio is suitable for investors seeking offshore exposure to developed financial markets as part of their overall investment strategy, with maximum capital appreciation as their primary goal. Investors should have a high tolerance for short-term market volatility in order to achieve long-term objectives. The portfolio is rand-denominated, which provides investors who may have utilised their full individual offshore allowance an opportunity to obtain additional exposure to international markets.

Investment manager

Veritas is an independent asset management company based in the UK whose key investment objective is to deliver long term real returns for clients. Its philosophy combines a global thematic approach with a fundamental research process to construct unconstrained high-conviction portfolios of shares in the best quality companies.

Veritas Asset Management was established in 2003 and has managed the Nedgroup Investments Global Equity Feeder Fund since 2010.

Veritas has a strong internal commitment to responsible investing (RI) and differentiates itself from many of its global peers in the way they exercise shareholders' rights. This is evident by the fund’s 100% voting participation at investee company AGMs. Veritas’s investment process places high emphasis on corporate governance, with the belief that strong governance can lead to effective management of environmental and social concerns. These RI efforts are supported by an ESG team and the production of a quarterly report outlining its ESG efforts. 

Risk profile

Low risk High risk
The greater the amount of risk an investor is willing to take on the greater the potential return

Minimum investment

Lump sum: R10 000 Debit order: R500

Recommended minimum period

5 to 7 years

Inception date

01 October 2001

Asisa category

(ASISA) Global EQ General

Benchmark

Global EQ General

Performance (since inception)

Annual fees and charges eac Fees calculator

excl VAT incl VAT
Fund management fee 1.50% 1.50%
+
Fund expenses 0.07%
Total expense ratio 1.57%
+
Fund transacting costs 0.04%
Total investment charges 1.61%

Price as at eac View all prices

Fund price Market change Unit count
1174.54999999 -0.50% -

Income distribution

Cents per unit Latest date Frequency
0.17 31 December 2019 Annually