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.
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.
29 February 2000
(ASISA) Global MA Flexible
Global MA Flexible
|excl VAT||incl VAT|
|Fund management fee||1.50%||1.73%|
|Total expense ratio||1.57%|
|Fund transacting costs||0.04%|
|Total investment charges||1.61%|