SHARENET BCI
MODERATE FOF

The fund aims to achieve reasonable investment growth of at least inflation plus 4% over time while preserving capital.

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

SHARENET BCI MODERATE FOF

FUND OVERVIEW
The Sharenet BCI Moderate FoF aims to provide the investor with income and inflation beating capital growth. With a combination of income and capital growth, the total return should deliver real returns (higher than inflation). The asset allocation is actively managed by the fund manager. The fund seeks to deliver inflation plus 4% over an investment period of 3 years or longer.
INVESTOR PROFILE
A solution that creates wealth for an investor with a moderate risk profile. Ideal for investors that are nearing retirement and need a more balanced portfolio with low risk of sustaining capital loss. Retirees can also use the fund as it provides income as well as capital growth that preserves the real value of the investment.
LAUNCH DATE17 June 2005
FUND CLASSIFICATIONSA Multi Asset Medium Equity
BENCHMARKCPI+4% over rolling 12 months
TER2.79%
FEES (Excl. VAT)1.25%
PORTFOLIO SIZER 143 Million

RISK PROFILE

FUND ATTRIBUTES


INVESTMENT TERM
3+ Years

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

INVESTMENT GOAL
Moderate Risk | Wealth Creation

RISK PROFILE
4/10

INCOME REQUIREMENT
Yes

REGULATION 28
Yes

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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