Page 342 - Profiles's Unit Trusts & Collective Investments - September 2024

UNDERSTANDING UNIT TRUSTS INDEX

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Income, reinvestment .......... 71 M O
Independent Financial Advisors MDDs .................. 77 OCF (Ongoing Charges Figure) ..... 60
(IFAs) ................ 77, 79
MSCI .................. 71 Offshore vs Foreign ........... 39
Index................ 70, 135
Managed................ 135 Oil & Gas................ 142
Index Funds............ 152, 153
Managed Prudential Funds........ 28 Ombud ................. 92
Index (Tracker) Funds ......... 152
Management company ....... 37, 73 Definition................ 87
Industrial ................ 135
mandate................. 75 Ombudsman .............. 87
Industrial Sector Funds......... 142
Mandatory disclosures ......... 69 Ongoing Charges Figure (OCF) ..... 60
Inflation.............. 121, 148
Manuel, Trevor ............. 47 Open-ended investment schemes
Institute of Directors in South Africa . . . 97 (OICs) ................ 35, 37
Market Bubble ............. 26
Institutional Classes ........... 65 Options ................ 132
Market capitalisation .......... 139
Institutional funds ......... 29, 136 Ordinary shares ............ 127
Market risk ............... 103
Interest ................. 43 Organisational Risk........... 107
Masterbond ............... 81
Interest Bearing Funds ...... 139, 146 Other Specialist Equity ......... 135
Max DD ................ 112
Interest on interest............ 35 Outsourcing ............... 73
Max Drawdown ............ 112
Interest rate ............ 43, 105
Maximum drawdown.......... 112
Investment P
Medium Equity Funds ......... 145
Passive ................ 108 P/E Ratio................ 139
Merchant West SCI Global
investment allowance .......... 30 PAIA................... 97
Property Income Fund ......... 165
Investment Linked Living Annuity Mid Cap Funds ............. 141 POPI................... 96
(ILLA) ................. 146 PPC .................. 142
Milne, Jack ............... 45
Investment Management Charges PSA ................... 79
Minimum Disclosure Documents . . 46, 77
(IMC) .................. 62 PSC Guaranteed Growth Fund ...... 45
Mining and Resources ......... 135
Investment Trusts ............ 50 Participatory Interests .......... 39
Mirror Trading International ....... 81
Investment platform ........... 65 Passive funds ............. 152
Money laundering .......... 93, 94
Investment restriction ......... 128 Passive returns............. 108
Money market funds ....... 121, 148
Islamic investment code ........ 141 pension funds .............. 98
Monitoring
Pension Funds Act ...... 28, 128, 145
J Risk-based ............... 93 Performance Fees ............ 58
Moody’s Investors Service ....... 126
Jack Milne................ 81 Performance Reporting ......... 46
Morningstar .............. 105
Performance Statistics.......... 69
K Multi Asset Funds......... 139, 143 Performance fee ............ 128
Multi Asset – Flexible funds ...... 144
KYC (Know Your Client) ......... 93 Performance figures
Multi Asset – High Equity funds .... 144
Key individual .............. 86 Costs.................. 72
Multi Asset – Income funds ...... 144
Kickbacks ................ 57 Tricks and Tips ............. 72
Multi Asset – Low Equity funds..... 144
King code ................ 98 Performance statistics.......... 72
Multi-Manager funds .......... 155
Know Your Client (KYC) ......... 94 Platform ................. 65
Multi-tier funds ............. 60 PlexCrown ............... 105
L Mutual fund ............... 25 Plexus Wealth BCI Property Fund.... 170
Landbank ............... 124 Portfolio ................. 40
N
Liberty.................. 24 Charges ................ 59
N-shares ................ 127 Costs.................. 59
Linked Investment Service Provider
(LISP) .................. 78 National Qualifications Framework Preference shares ........... 127
Linked Investment Service Providers (NQF) ................ 18, 20 Premium ................ 132
(LISPs) ................. 78 Nedbank................. 24 Prevention of Organised Crime Act
Liquid asset .............. 106 Nedgroup Investments (POCA) ................. 93
Liquidity .............. 48, 106 Financials Fund .......... 168, 169 Primary market............. 125
Liquidity Risk.............. 107 Negotiable Certificate of Deposit privacy ................. 96
livestock ................ 133 (NCD) ................. 124 Product Supplier Agent (PSA) .... 79, 91
Lock-up period............. 150 Nel, Hendrik (Judge)........... 86 Property Funds............. 129
Long position ............. 132 Net Asset Value (NAV).......... 43 Differences .............. 129
Long the market ............ 131 Notice 141 of 2015 .......... 149 Property Loan Stock (PLS) ....... 130
Low Equity Funds ........... 145 Notice 52 of 2015 ........... 149 Protection of Personal Information Act. . 96
Notice 92 .............. 46, 77 Prudential Funds ....... 28, 139, 143
MDD ................ 46, 77 Reg 28 ................ 145
Put option ............... 132
340 Profile’s Unit Trusts & Collective Investments