SHARENET BCI
FLEXIBLE

The fund aims to maximise long-term investment growth by investing in a range of local and global opportunities across all asset classes.

Risk profile Min investment
Moderate R 25,000 Lump Sum
Aggressive R 1,000 Monthly
Min investment
R 25,000 Lump Sum
R 1,000 Monthly

SHARENET BCI FLEXIBLE

FUND OVERVIEW
This fund aims to achieve equity-like returns with lower volatility than the general equity market. Exposure to asset classes is actively managed to balance a multitude of risks, take advantage of investment opportunities and lock in profits to achieve inflation beating returns.
INVESTOR PROFILE
The fund is suitable for an investor with a moderate aggressive risk profile, seeking an actively managed investment that can grow wealth.
LAUNCH DATE13 May 2005
FUND CLASSIFICATIONSA Multi Asset Flexible
BENCHMARKCPI+4% over rolling 12 months
TER2.09%
FEES (Excl. VAT)1.25%
PORTFOLIO SIZER 140 Million

RISK PROFILE

FUND ATTRIBUTES


INVESTMENT TERM
3-5+ Years

MIN INVESTMENT AMOUNT
Lump Sum: R 25,000
Monthly: R 1,000

INVESTMENT GOAL
Create Wealth

RISK PROFILE
7/10

INCOME REQUIREMENT
No

REGULATION 28
No

FUND FAQ'S

  • A unit trust is a pool of investors' money that is used to invest in financial instruments such as equities and bonds. The pool is divided into equal units owned by the investors in the fund who then share in the fund’s gains and losses. Unit trusts generally provide investors with well-diversified portfolios.

  • No. There is no set investment period. You decide when and how much you want to invest and you can withdraw your funds at any time. Debit orders can also be amended/cancelled at any point in time should you become unable to continue contributions to your investment. There are no penalties when you decide to withdraw from your investment.

  • You can instruct additions or withdrawals of your investment online (clients with online access only), by completing the relevant forms or by contacting Sharenet on 021 700 4800. Withdrawals will take 2 business days to be processed.

  • We have partnered up with BCI to assist with the administration of the Sharenet unit trusts. This allows us to focus solely on managing our portfolios.

  • A LISP is effectively an investment administration and product packaging business and is licensed to buy and sell units in collective investment schemes (unit trusts) on your instruction. It enables you to invest in a wide range of collective investment schemes, such as unit trust funds, via one source.

  • You will receive statements from Boutique Collective Investments (BCI), which acts as the management company for Sharenet and is responsible for the administration of the fund. BCI also offers online access (which must be indicated on the application form) to investors.

  • Once Sharenet has received a completed application and supporting documents, the investor's account will be opened within 2 business days. The investor will receive an email from BCI confirming the account opening.

  • Yes. Investment in a unit trust is available for minors and requires additional details and FICA of a parent or guardian.

  • Your unit trust investment falls into your deceased estate, and may therefore be subject to Estate Duty. On receipt of the prescribed death notification, Sharenet will only act on the instructions received from the executor of your estate.

  • No. You can invest in Sharenet unit trusts directly from Sharenet, without incurring broker commissions or advice fees. Alternatively, if you have a financial adviser, you can make the investment via your adviser. The advice fee is negotiated between you and your financial adviser or broker.

  • Yes, this requires an income tax number. The income will be deemed to be your income, so it would be your tax number.

  • Yes. Unit trusts are collective investment schemes that are regulated by the Financial Services Board (FSB) - soon to be renamed the Financial Sector Conduct Authority (FCSA). The legal structure prevents anyone from taking your money and any withdrawals from your investment can only be made to the bank account you specify on your application form. Our custodian (Standard Bank) is responsible for the safe keeping of your investment.

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