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Global Flexible 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, and who do not wish to make complex asset allocation decisions between equities, cash and bonds in offshore markets. 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

FPA is an independently owned asset management company based in Los Angeles, California. The FPA approach seeks to provide, equity-like returns over the long term while avoiding permanent impairment of capital. They seek the broadest possible mandate and invest across different asset classes, capital structures and geographies. They utilise deep research (top down and bottom up) to minimize risk.

FPA was founded in 1953 and have managed the Nedgroup Investments Global Flexible Feeder Fund since June 2013.

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

3 to 5 years

Inception date

29 February 2000

Asisa category

(ASISA) Global MA Flexible

Benchmark

Global MA Flexible

Performance (since inception)

Annual fees and charges eac Fees calculator

excl VAT incl VAT
Fund management fee 1.50% 1.73%
+
Fund expenses -0.16%
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
1089.94 -0.89% 54 616 958.6677

Income distribution

Cents per unit Latest date Frequency
0.30 31 December 2018 Annually