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AF Investments Property Equity Fund | South African–Real Estate–General
2.5851    -0.0241    (-0.924%)
NAV price (ZAR) Mon 6 Dec 2021 (change prev day)
 
Technical Details  
 

Formation Date (A)

29 Sep 2004

Fund Size (ZAR)

2 146 242 666

Domicile

-

Reporting Currency

ZAR

JSE Code (A)

ISPU

ISIN (A)

ZAE000049037

Pricing

Daily

Number of unitholders

61

ASISA Category

SA-Real Estate-General

Benchmark

FTSE/JSE SA Listed Property Index (SAPY)

Income Distributions

31/03,30/06,30/09,31/12

Income Payment

-

Trustee

Absa Bank Limited

Management Company

Alexander Forbes Investments Unit Trusts Limited

Fund Management

Alexander Forbes Investments, Glenn T Silverman

Minimum Investment

R30 000

Minimum Top-Up

R1000

Minimum Monthly

R500

Risk Rating

Medium

 
Fund Objective  
 
This portfolio aims to achieve both capital growth and income by investing in a selection of listed South African property securities, with the focus on income yield relative to income growth. The objective is to allow investors to further diversify between different asset classes by offering exposure to local listed property securities.

This fund will not invest in any unlisted shares, but may hold cash in anticipation of purchasing shares when they do list. No direct property investments are allowed, the fund will only invest in listed property, and from time to time will hold cash up to limits allowed in the Domestic-Asset Allocation- Flexible Property Category....Read more
 
Management  
 
Alexander Forbes Investments

Glenn T Silverman (BCom; BAcc CA (SA); CFA)
Glenn qualified as a chartered accountant in 1990 after completing his articles with firm Kessel Feinstein. He then spent two years in commerce before joining a major asset management company where he gained two and a half years practical experience in research and fund management. He worked for the RMB Asset Management team before joining Investment Solutions
 
Fees and Costs - Class A  
 
Initial Fee0.00%
Advisor Initial Feen/a
Annual Management Fee1.494%
Performance Fee-
Advisor Annual Feen/a
Trailer Fee-
Exit Fee-
TER (30/06)1.50%
TER Performance Fee0.00%
Transaction Costs Ratio0.12%
Total TER1.62%
 
Distribution - Class A
DeclaredPayAmountClassCurrency
30 Sep 20214 Oct 20214.190AZARc
30 Jun 20212 Jul 20213.940AZARc
31 Mar 20216 Apr 20212.030AZARc
31 Dec 20205 Jan 20213.140AZARc
30 Sep 20202 Oct 20200.580AZARc
30 Jun 20202 Jul 20203.570AZARc
31 Mar 20202 Apr 20203.320AZARc
31 Dec 20193 Jan 20209.510AZARc
30 Sep 20192 Oct 20191.540AZARc
30 Jun 20192 Jul 20198.640AZARc
 
Statutory Data  
 
Management CompanyAlexander Forbes Investments Unit Trusts Limited
Registration Number2001/015776/06
DirectorsManoj Gopal, Mavuso Msimang, Ntobeko Nyawo, Marilyn Ramplin (Chairman)
TrusteeAbsa Bank Limited
AuditorsKPMG
Sponsors-
Advisors-
Physical AddressBuilding 1, Inanda Greens Office Park 54 Wierda Road West Wierda Valley 2196
Postal AddressPO Box 786055 Sandton 2146
Telephone011-505-6000
Tollfree-
Fax011-263-1001
Emailinfo@ishltd.co.za
Websitehttp://www.investmentsolutions.co.za
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