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Momentum International Conservative Feeder Fund (A)

Global - Multi Asset - Low Equity
Inception:01 Jun 2001

Latest Price : 22 Jan 2015 R 1.81
12mth Sector Rank2 / 5
12mth Overall Rank339 / 393
12mth Volatility vs Sector Average0.97
Equinox Buy FeesWholesale0.000%
Management Company Annual Fees:***Flexible   [details]
PSG Annual Admin and Platform Fee[details]
TER Ratio2.05%
TER Performance- -
TER Date30 Sep 2013
Latest Total AssetsR 174.4m
Assets at end September 2014R 165.2m
Previous QuarterR 167.4m
Move- R 2.1m
Income Declaration and Payment
DeclarationTwice a year: End of June and end of December
PaymentPayment is made within three working days
Performance to 22 Jan 2015 ++
3 months1.70%- -1.70%
6 months1.59%- -1.59%
1 year3.12%- -3.12%
3 years54.88%- -54.88%
5 years72.97%1.87%74.84%
Price History
Fees include VAT.
* Published Retail Buy Fee is always the highest fee charged by the Management company.
*** Management Company Annual Fees are automatically worked into price and distributions paid. ++Price performances are based on historical price data, using a NAV price by NAV price comparison and exclude Equinox fees and management company initial fees. Income performances are based on interest and dividend distributions of the fund.
Fund Manager
Norman Mackechnie
Fund Overview

Objective: The objective of the Momentum International Conservative Feeder Fund is to provide investors with global income and capital preservation over the long term by providing them with exposure to a diversified portfolio of global assets classes and exposure to various currencies.

Benchmark: 30% MSCI World, 70% Citigroup WorldBIG (in ZAR)

Universe: The Momentum Conservative Fund of Funds have a maximum of 100% and minimum of 75% allocation to fixed-interest funds (including cash) and a maximum allocation of 25% allocation to equity funds.

Fund strategy:The portfolio will apart from assets in liquid form, invest solely in the participatory interests of the Momentum Global Cautious Fund. The Momentum Global Cautious Fund will invest in participatory interests of underlying portfolios that provide exposure to investments across a broad range of asset classes, currencies and market sectors. Nothing in this Supplemental Deed shall preclude the manager and the underlying manager from varying the ratios of securities or assets in liquid form in a changing economic environment or market conditions, or to meet the requirements in terms of legislation and from retaining cash or placing cash on deposit in terms of the Deed and this Supplemental Deed. The Trustee shall ensure that the investment policy set out in this Supplemental Deed is carried out. For the purpose of this portfolio, the manager shall reserve the right to close the portfolio to new investors on a date determined by the manager. This will be done in order to be able to manage the portfolio in accordance with its mandate. The manager may, once a portfolio has been closed, open that portfolio again to new investors on a date determined by the manager.font>

Other: This fund is currently open to new investments. Please note that the fund does not accept debit order investments. This Fund was previously known as the Momentum International Conservative Fund of Funds.

Top Holdings at end September 2014
Holding% of Fund
ZAR Cash1.05%
Total % 100.00%
Asset Allocation at end September 2014
Top Holdings at end June 2014
Holding% of Fund
ZAR Cash4.77%
Total % 100.00%
Top Holdings at end March 2014
Holding% of Fund
ZAR Cash4.99%
Total % 100.00%


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