sygnia fund range · inception date 06/11/2013 investment management (ex vat) 0.35% equity exposure...
TRANSCRIPT
Find out more about our funds: www.sygnia.co.za
Page 1 of 22 Sygnia Fund Range
Sygnia Fund RangeInformation updated 30 September 2019
Make confident investment decisions by getting to know which funds are right for you. Our detailed fund summary offers you all the choices currently available on our Sygnia ALCHEMY platform. However, to reach your saving goals and pay as little as possible in fees, please take the time to explore your investment choices.
Find out more about our funds: www.sygnia.co.za
Page 2 of 22 Sygnia Fund Range
How it worksChoose which Sygnia product you would like to invest in
How would you like to save Choose Sygnia product
Unit Trust Savings Investment Sygnia Direct Investment
Tax Free Savings Account Sygnia Tax Free Savings AccountSygnia Group Tax Free Saving Account
5 Year term Investment Savings Policy Sygnia Investment Policy
Retirement Savings Sygnia Retirement Annuity FundSygnia Group Retirement Annuity FundSygnia Preservation Fund (Pension Or Provident)
Post Retirement Income Sygnia Living Annuity Sygnia Forlife Living Annuity
What fees are applied to my Sygnia investment?
Annual Administration Fee
Sygnia Unit Trust and Unitised Life Funds No administration fees apply on Sygnia Unit Trusts and unitised life funds.
All external-manager Unit Trust Funds Administration fees are charged as follows when you are invested in external-manager unit trusts:
Sygnia Investments Annual Administration Fee (Excl Vat)
Value of all accounts Sygnia Funds External-Manager Funds
First R2 000 000 0.00% 0.40%*
Over R2 000 000 0.00% 0.20%**
*0.40% (excl VAT) is levied on the proportionate value of the external-manager funds below R2 million. **0.20% (excl VAT) is levied on the proportionate value of the external-manager funds above R2 million.
Please note: While Sygnia does not charge any administration fees in respect of its own funds, Sygnia takes into account all your investments with us when assessing the R2 million threshold, including your investments in Sygnia funds. For the fees relating to the underlying investment managers, please refer to the following summary of funds.
Investment Management Fee
The Investment management fees charged by investment managers vary depending on the funds you select. For the fees relating to the investment managers please refer to the summary of funds. Please note that all fees are quoted excluding VAT.
Financial Advisor Fee
Financial advisor fees are negotiable with your financial advisor within the following parameters:
Initial fees Maximum of 3.00% (excl. VAT).
Annual fees Maximum of 1.00% per annum (excl. VAT). If an initial fee in excess of 1.50% (excl. VAT) has been deducted, the annual fee is limited to 0.50% per annum (excl. VAT).
Please refer to the following summary of funds to make your selection.
Find out more about our funds: www.sygnia.co.za
Page 3 of 22 Sygnia Fund Range
Sygnia Unit Trusts Key
Unit trusts are the pooled resources of thousands of investors who have entrusted their money to a management company. This management company buys shares on behalf of the investors and combines them in a portfolio. The portfolio is then divided into many equal “units.” The investor receives a certain number of units for the money he or she has invested.
The price of each unit varies daily depending on the returns earned by the underlying investments (capital gains and income). All returns are then split equally between the units and hence the investors.
Unit Trusts are governed by the Collective Investments Schemes Control Act, No 45 of 2002.
♦ Performance numbers are calculated based on the strategic asset allocation of the assets to the underlying asset managers.
Δ Performance fees may be charged by underlying asset managers.
∞ As the fund class or fund has been in existence for less than 6 months, no TER can be calculated.
★ No long-term performance figures are available.
Information unavailable.
Unit Trusts / Index-tracking Funds
Sygnia Divi Index Fund South African / Equity / General
Class ARisk profile Moderate to highReg28 Non compliant
Fund objectiveThe fund aims to deliver performance in line with the returns of the FTSE/JSE Dividend Plus Index.
BenchmarkFTSE/JSE Dividend Plus Index J259
Performance Fees Intended maximum limits
Inception Date 06/11/2013 Investment management (EX VAT) 0.35% Equity exposure 100%
1 year 0.56% Performance fee none Foreign exposure 0%
3 year 9.47% Total expense ratio 0.53% Property exposure 0%
5 year 5.68% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.20%
Total investment cost 0.73%
Sygnia Swix Index Fund South African / Equity / General
Class ARisk profile HighReg28 Non compliant
Fund objectiveThe fund aims to deliver performance in line with the returns of the FTSE/JSE SWIX Index.
BenchmarkFTSE/JSE SWIX Index J403
Performance Fees Intended maximum limits
Inception Date 04/10/2013 Investment management (EX VAT) 0.35% Equity exposure 100%
1 year -0.24% Performance fee none Foreign exposure 0%
3 year 1.91% Total expense ratio 0.48% Property exposure 10%
5 year 3.79% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.06%
Total investment cost 0.54%
Sygnia Top 40 Index Fund South African / Equity / Large cap
Class ARisk profile HighReg28 Non compliant
Fund objectiveThe fund aims to deliver performance in line with the returns of the FTSE/JSE Top 40 Index.
BenchmarkFTSE/JSE Top 40 Index J200
Performance Fees Intended maximum limits
Inception Date 14/11/2013 Investment management (EX VAT) 0.35% Equity exposure 100%
1 year 0.96% Performance fee none Foreign exposure 0%
3 year 4.77% Total expense ratio 0.50% Property exposure 5%
5 year 4.38% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.28%
Total investment cost 0.78%
Find out more about our funds: www.sygnia.co.za
Page 4 of 22 Sygnia Fund Range
Unit Trusts / Index-tracking Funds
Sygnia All Bond Index Fund South African / Interest Bearing / Variable Term
Class ARisk profile Low to moderateReg28 Non compliant
Fund objectiveThe fund aims to achieve a return which will equate to the annual return of the index benchmark.
BenchmarkJse All Bond Composite Index ALBI
Performance Fees Intended maximum limits
Inception Date 31/03/2015 Investment management (EX VAT) 0.35% Equity exposure 0%
1 year 10.77% Performance fee none Foreign exposure 0%
3 year 8.25% Total expense ratio 0.43% Property exposure 0%
5 year ★ Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.04%
Total investment cost 0.47%
Sygnia Listed Property Index Fund South African / Real Estate / General
Class ARisk profile HighReg28 Non compliant
Fund objectiveThe fund aims to deliver performance in line with the returns of the FTSE/JSE SA Listed Property Index.
BenchmarkFTSE/JSE SA Listed Property Index J253
Performance Fees Intended maximum limits
Inception Date 06/11/2013 Investment management (EX VAT) 0.35% Equity exposure 0%
1 year -3.22% Performance fee none Foreign exposure 0%
3 year -4.00% Total expense ratio 0.47% Property exposure 100%
5 year 2.91% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.10%
Total investment cost 0.57%
Sygnia Skeleton International Equity Fund of Funds Global / Equity / General
Class ARisk profile HighReg28 Non compliant
Fund objectiveTargets an annual return in excess of the benchmark.
BenchmarkMSCI All Country World Index (ZAR)
Performance Fees Intended maximum limits
Inception Date 27/11/2015 Investment management (EX VAT) 0.57% Equity exposure 100%
1 year 6.67% Performance fee none Foreign exposure 100%
3 year 12.70% Total expense ratio 0.53% Property exposure 25%
5 year ★ Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.08%
Total investment cost 0.61%
Sygnia Skeleton Worldwide Flexible Fund Worldwide / Multi Asset / Flexible
Class ARisk profile Moderate to highReg28 Non compliant
Fund objectiveTargets superior long-term returns and aims to protect capital over the medium to long-term.
BenchmarkHeadline Consumer Price Index + 5% Per Annum
Performance Fees Intended maximum limits
Inception Date 29/01/2016 Investment management (EX VAT) 0.52% Equity exposure 100%
1 year 6.90% Performance fee none Foreign exposure 100%
3 year 8.02% Total expense ratio 0.65% Property exposure 25%
5 year ★ Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.03%
Total investment cost 0.68%
Find out more about our funds: www.sygnia.co.za
Page 5 of 22 Sygnia Fund Range
Unit Trusts / Passively-Managed Funds
Sygnia Skeleton Balanced 40 Fund South African / Multi-Asset / Low Equity
Class ARisk profile LowReg28 Compliant
Fund objectiveMaximisation of long-term returns while minimising the risk of short-term capital loss.
BenchmarkComposite of 35% equity (domestic and international), 50% bonds (domestic and international) and 15% cash
Performance Fees Intended maximum limits
Inception Date 31/03/2014 Investment management (EX VAT) 0.35% Equity exposure 40%
1 year 7.63% Performance fee none Foreign exposure 30%
3 year 7.62% Total expense ratio 0.45% Property exposure 25%
5 year 7.65% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.09%
Total investment cost 0.54%
Sygnia Skeleton Balanced 60 Fund South African / Multi-Asset / Medium Equity
Class ARisk profile ModerateReg28 Compliant
Fund objectiveMaximisation of long-term returns with limited focus on minimising the risk of short-term capital loss.
BenchmarkComposite of 55% equity (domestic and international), 30% bonds (domestic and international) and 15% cash
Performance Fees Intended maximum limits
Inception Date 29/05/2014 Investment management (EX VAT) 0.35% Equity exposure 60%
1 year 5.95% Performance fee none Foreign exposure 30%
3 year 6.68% Total expense ratio 0.46% Property exposure 25%
5 year 7.02% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.12%
Total investment cost 0.58%
Sygnia Skeleton Balanced 70 Fund South African / Multi-asset / High Equity
Class ARisk profile Moderate to highReg28 Compliant
Fund objectiveMaximisation of long-term returns with limited focus on managing the risk of short-term capital loss.
BenchmarkComposite of 70% equity (domestic and international), 20% bonds (domestic and international) and 10% cash
Performance Fees Intended maximum limits
Inception Date 10/10/2013 Investment management (EX VAT) 0.35% Equity exposure 75%
1 year 5.13% Performance fee none Foreign exposure 30%
3 year 5.92% Total expense ratio 0.42% Property exposure 25%
5 year 6.47% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.13%
Total investment cost 0.55%
Find out more about our funds: www.sygnia.co.za
Page 6 of 22 Sygnia Fund Range
Unit Trusts / Multi-Manager Funds
Sygnia Equity Fund South African / Equity / General
Class ARisk profile HighReg28 Non compliant
Fund objectiveSeeks to deliver strong, sustainable benchmark beating returns over the long-term with a reasonable level of volatility to the benchmark.
BenchmarkFTSE/JSE SWIX Index J403
Performance Fees Intended maximum limits
Inception Date 27/08/2013 Investment management (EX VAT) 0.89% Equity exposure 100%
1 year -1.02% Performance fee yes Δ Foreign exposure 0%
3 year -0.16% Total expense ratio 1.34% Property exposure 10%
5 year 2.98% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.24%
Total investment cost 1.58%
Sygnia CPI+2% Fund South African / Multi-asset / Low equity
Class DRisk profile LowReg28 Compliant
Fund objectiveMaximisation of long-term returns while minimising the risk of short-term capital loss.
BenchmarkHeadline Consumer Price Index + 2% per annum over rolling 24 months
Performance Fees Intended maximum limits
Inception Date 27/01/2015 Investment management (EX VAT) 1.30% Equity exposure 40%
1 year 5.72% Performance fee yes Δ Foreign exposure 30%
3 year 6.00% Total expense ratio 1.61% Property exposure 25%
5 year ★ Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.04%
Total investment cost 1.65%
Sygnia CPI+4% Fund South African / Multi-asset / Medium Equity
Class DRisk profile ModerateReg28 Compliant
Fund objectiveMaximisation of long-term returns combined with some focus on managing the risk of short-term capital loss.
BenchmarkHeadline Consumer Price Index + 4% per annum over rolling 36 months
Performance Fees Intended maximum limits
Inception Date 28/01/2014 Investment management (EX VAT) 1.30% Equity exposure 60%
1 year 4.31% Performance fee yes Δ Foreign exposure 30%
3 year 4.83% Total expense ratio 1.73% Property exposure 25%
5 year 5.83% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.11%
Total investment cost 1.84%
Sygnia CPI+6% Fund South African / Multi-asset / High Equity
Class DRisk profile Moderate to highReg28 Compliant
Fund objectiveMaximisation of long-term returns with limited focus on managing the risk of short-term capital loss.
BenchmarkHeadline Consumer Price Index + 6% per annum over rolling 60 months
Performance Fees Intended maximum limits
Inception Date 14/01/2014 Investment management (EX VAT) 1.30% Equity exposure 75%
1 year 3.45% Performance fee yes Δ Foreign exposure 30%
3 year 4.26% Total expense ratio 1.77% Property exposure 25%
5 year 5.50% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.15%
Total investment cost 1.92%
Find out more about our funds: www.sygnia.co.za
Page 7 of 22 Sygnia Fund Range
Unit Trusts / Multi-Manager Funds
Sygnia Enhanced Income Fund South African / Multi-asset / Income
Class ARisk profile Low to moderateReg28 Compliant
Fund objectiveInvests in a wide spread of income-bearing investments in the equity, bond, money market and real estate markets with the primary objective of producing a stable income stream. The portfolio aims to bridge the gap between money market and bond funds.
BenchmarkSTeFI Call
Performance Fees Intended maximum limits
Inception Date 10/01/2019 Investment management (EX VAT) 0.60% Equity exposure 10%
1 year ★ Performance fee none Foreign exposure 30%
3 year ★ Total expense ratio 0.51% Property exposure 25%
5 year ★ Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.00%
Total investment cost 0.51%
Sygnia International Flexible Fund of Funds Global / Multi-asset / Flexible
Class ARisk profile Moderate to highReg28 Non compliant
Fund objectiveMaximisation of long-term returns with limited focus on managing the risk of short-term capital loss.
Benchmark75% MSCI All Country World Index, 25% Barclays Capital Global Aggregate Bond Index
Performance Fees Intended maximum limits
Inception Date 06/06/2014 Investment management (EX VAT) 1.09% Equity exposure 100%
1 year 5.31% Performance fee 10% ** Foreign exposure 100%
3 year 11.29% Total expense ratio 2.05% Property exposure 25%
5 year 10.82% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.04%
Total investment cost 2.09%
** Percentage of outperformance of the benchmark over a rolling 24 month period
Find out more about our funds: www.sygnia.co.za
Page 8 of 22 Sygnia Fund Range
Unit Trusts / Single Manager Funds
Sygnia Active Equity Fund South African / Equity / General
Class ARisk profile HighReg28 Non compliant
Fund objectiveSeeks to deliver strong, sustainable benchmark beating returns over the long-term.
BenchmarkFTSE/JSE SWIX Index J403
Performance Fees Intended maximum limits
Inception Date 14/07/2014 Investment management (EX VAT) 0.79% Equity exposure 100%
1 year 3.57% Performance fee 20% ** Foreign exposure 0%
3 year 7.74% Total expense ratio 2.36% Property exposure 10%
5 year 5.08% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.40%
Total investment cost 2.76%
** Percentage of outperformance of the benchmark
Sygnia Growth Equity Fund South African / Equity / General
Class ARisk profile HighReg28 Non compliant
Fund objectiveSeeks to provide long-term capital appreciation by investing in companies expected to grow their earnings at above average growth rates.
BenchmarkFTSE/JSE SWIX Index J403
Performance Fees Intended maximum limits
Inception Date 13/01/2016 Investment management (EX VAT) 0.79% Equity exposure 100%
1 year -6.93% Performance fee 20% ** Foreign exposure 0%
3 year -1.27% Total expense ratio 1.66% Property exposure 10%
5 year ★ Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.22%
Total investment cost 1.88%
** Percentage of outperformance of the benchmark
Sygnia 4th Industrial Revolution Global Equity Fund Global / Equity / General
Class ARisk profile HighReg28 Non compliant
Fund objectiveDeliver strong long-term capital at reasonable level of risk and aims to outperform the benchmark.
BenchmarkS&P 500 net total return index (SPTR500N)
Performance Fees Intended maximum limits
Inception Date 19/10/2016 Investment management (EX VAT) 0.70% Equity exposure 100%
1 year 1.61% Performance fee 10% ** Foreign exposure 100%
3 year ★ Total expense ratio 0.84% Property exposure 0%
5 year ★ Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.08%
Total investment cost 0.92%
** Percentage of outperformance of the benchmark over a rolling 12 month period
Sygnia 4th Industrial Revolution Global Equity Fund Global / Equity / General
Class BRisk profile HighReg28 Non compliant
Fund objectiveDeliver strong long-term capital at reasonable level of risk and aims to outperform the benchmark.
BenchmarkS&P 500 net total return index (SPTR500N)
Performance Fees Intended maximum limits
Inception Date 19/10/2016 Investment management (EX VAT) 0.78% Equity exposure 100%
1 year 1.51% Performance fee none Foreign exposure 100%
3 year ★ Total expense ratio 0.93% Property exposure 0%
5 year ★ Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.08%
Total investment cost 1.01%
B Class only available for the Sygnia Tax-Free Savings Account
Find out more about our funds: www.sygnia.co.za
Page 9 of 22 Sygnia Fund Range
Unit Trusts / Single Manager Funds
Sygnia FAANG Plus Equity Fund Global / Equity / General
Class ARisk profile HighReg28 Non compliant
Fund objectiveDeliver strong long-term capital appreciation through outperformance of the net total return of the NYSE FANG+ index, at a reasonable level of risk
BenchmarkNYSE FANG+ Index
Performance Fees Intended maximum limits
Inception Date 31/08/2018 Investment management (EX VAT) 0.70% Equity exposure 100%
1 year -2.44% Performance fee 10% ** Foreign exposure 100%
3 year ★ Total expense ratio 1.72% Property exposure 0%
5 year ★ Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.07%
Total investment cost 1.79%
** Percentage of outperformance of the benchmark
Sygnia FAANG Plus Equity Fund Global / Equity / General
Class BRisk profile HighReg28 Non compliant
Fund objectiveDeliver strong long-term capital appreciation through outperformance of the net total return of the NYSE FANG+ index, at a reasonable level of risk
BenchmarkNYSE FANG+ Index
Performance Fees Intended maximum limits
Inception Date 31/08/2018 Investment management (EX VAT) 0.79% Equity exposure 100%
1 year -1.72% Performance fee none Foreign exposure 100%
3 year ★ Total expense ratio 0.96% Property exposure 0%
5 year ★ Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.07%
Total investment cost 1.03%
B Class only available for the Sygnia Tax-Free Savings Account
Sygnia Money Market Fund South African / Interest bearing / Money Market
Class ARisk profile LowReg28 Compliant
Fund objectiveMaximise interest income, preserve capital and provide immediate liquidity.
BenchmarkSTeFI Index
Performance Fees Intended maximum limits
Inception Date 13/10/2016 Investment management (EX VAT) 0.25% Equity exposure 0%
1 year 7.34% Performance fee none Foreign exposure 0%
3 year ★ Total expense ratio 0.32% Property exposure 0%
5 year ★ Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0%
Total investment cost 0.32%
Sygnia Money Market Fund South African / Interest bearing / Money Market
Class S1Risk profile LowReg28 Compliant
Fund objectiveMaximise interest income, preserve capital and provide immediate liquidity.
BenchmarkSTeFI Index
Performance Fees Intended maximum limits
Inception Date 22/06/2017 Investment management (EX VAT) 0.43% Equity exposure 0%
1 year 7.07% Performance fee none Foreign exposure 0%
3 year ★ Total expense ratio 0.54% Property exposure 0%
5 year ★ Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0%
Total investment cost 0.54%
Find out more about our funds: www.sygnia.co.za
Page 10 of 22 Sygnia Fund Range
Unit Trusts / Single Manager Funds
Sygnia Money Market Fund South African / Interest bearing / Money Market
Class S2Risk profile LowReg28 Compliant
Fund objectiveMaximise interest income, preserve capital and provide immediate liquidity.
BenchmarkSTeFI Index
Performance Fees Intended maximum limits
Inception Date 22/06/2017 Investment management (EX VAT) 0.87% Equity exposure 0%
1 year 6.53% Performance fee none Foreign exposure 0%
3 year ★ Total expense ratio 1.04% Property exposure 0%
5 year ★ Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0%
Total investment cost 1.04%
27Four Shari’ah Active Equity Prescient Fund South African / Equity / General
Class A1Risk profile HighReg28 Non Compliant
Fund objectiveThe Fund invests in South African listed Shari’ah compliant shares and hence is suitable for investors with long-term investment horizons (>5 years).
BenchmarkUnit Trust Category Average
Performance Fees Intended maximum limits
Inception Date 10/09/2008 Investment management (EX VAT) 1.49% Equity exposure 100%
1 year -4.30% Performance fee none Foreign exposure 30%
3 year -0.70% Total expense ratio 1.78% Property exposure 10%
5 year 2.74% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.16%
Total investment cost 1.94%
36ONE BCI Equity Fund South African / Equity / General
Class DRisk profile HighReg28 Non Compliant
Fund objectiveA general equity portfolio with the primary objective of generating sustainable capital growth for investors.
BenchmarkFTSE/JSE SWIX Index J403
Performance Fees Intended maximum limits
Inception Date 09/02/1994 Investment management (EX VAT) 0.30% Equity exposure 100%
1 year 4.07% Performance fee yes Foreign exposure 30%
3 year 4.49% Total expense ratio 1.04% Property exposure 10%
5 year 7.05% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.16%
Total investment cost 1.20%
Allan Gray Equity Fund South African / Equity / General
Class CRisk profile HighReg28 Non compliant
Fund objectiveThe Fund invests primarily in shares listed on the Johannesburg Stock Exchange (JSE). The Fund can invest a maximum of 30% offshore, with an additional 10% allowed for investments in Africa outside of South Africa.
BenchmarkUnit Trust Category Average
Performance Fees Intended maximum limits
Inception Date 01/10/1998 Investment management (EX VAT) 0.87% Equity exposure 100%
1 year -6.32% Performance fee yes Foreign exposure 30%
3 year 1.70% Total expense ratio 1.70% Property exposure 0%
5 year 4.43% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.29%
Total investment cost 1.99%
Find out more about our funds: www.sygnia.co.za
Page 11 of 22 Sygnia Fund Range
Unit Trusts / Single Manager Funds
Coronation Top 20 Fund South African / Equity / General
Class B4Risk profile HighReg28 Non compliant
Fund objectiveAims to significantly outperform the FTSE/JSE Top 40 Index over a 3 to 5-year period, by investing in the 50 largest shares listed on the JSE Securities Exchange.
BenchmarkFTSE/JSE SWIX Index J200
Performance Fees Intended maximum limits
Inception Date 01/10/2000 Investment management (EX VAT) 0.52% Equity exposure 100%
1 year 2.85% Performance fee yes Foreign exposure 0%
3 year 2.85% Total expense ratio 0.61% Property exposure 15%
5 year 4.17% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.25%
Total investment cost 0.86%
Foord Equity Fund South African / Equity / General
Class B2Risk profile HighReg28 Non compliant
Fund objectiveSeeks to outperform the South African equity market with less than market risk.
BenchmarkFTSE/JSE SWIX Index J203
Performance Fees Intended maximum limits
Inception Date 01/03/2012 Investment management (EX VAT) 0.52% Equity exposure 100%
1 year -5.70% Performance fee yes Foreign exposure 0%
3 year -3.18% Total expense ratio 0.20% Property exposure 0%
5 year 0.21% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.10%
Total investment cost 0.30%
Investec Equity Fund South African / Equity / General
Class HRisk profile HighReg28 Non compliant
Fund objectiveThe Fund aims to provide a total return (the combination of income and capital growth) by investing in equities (e.g. company shares). Other investments may include the units of other funds (including foreign funds) and derivatives (financial contracts whose value is linked to the price of an underlying asset).
Benchmark87.5% FTSE/JSE All Share Index J203 + 12.5% MSCI AC World
Performance Fees Intended maximum limits
Inception Date 01/10/2012 Investment management (EX VAT) 0.44% Equity exposure 100%
1 year 0.54% Performance fee yes Foreign exposure 30%
3 year 4.00% Total expense ratio 0.69% Property exposure 10%
5 year 6.85% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.43%
Total investment cost 1.12%
Kagiso Islamic Equity Fund South African / Equity / General
Class BRisk profile Moderate to highReg28 Non compliant
Fund objectiveA Shariah-compliant fund that aims to provide steady capital growth and a total portfolio return that is better than the average general equity fund.
BenchmarkSouth African - Equity - General funds mean
Performance Fees Intended maximum limits
Inception Date 13/07/2009 Investment management (EX VAT) 0.87% Equity exposure 100%
1 year 1.61% Performance fee none Foreign exposure 20%
3 year 6.58% Total expense ratio 1.43% Property exposure 0%
5 year 5.07% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.22%
Total investment cost 1.65%
Find out more about our funds: www.sygnia.co.za
Page 12 of 22 Sygnia Fund Range
Unit Trusts / Single Manager Funds
Marriott Dividend Growth Fund South African / Equity / General
Class RRisk profile HighReg28 Non compliant
Fund objectiveAims to achieve a dividend yield for its investors in excess of the dividend yield of the Financial and Industrial Index and to grow distributions measured over rolling two-year periods.
BenchmarkFTSE/JSE All Share J203
Performance Fees Intended maximum limits
Inception Date 01/08/1988 Investment management (EX VAT) 0.87% Equity exposure 100%
1 year 0.85% Performance fee none Foreign exposure 0%
3 year 1.73% Total expense ratio 1.17% Property exposure 10%
5 year 4.29% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.17%
Total investment cost 1.34%
PSG Equity Fund South African / Equity / General
Class ARisk profile HighReg28 Non compliant
Fund objectiveAims to offer investors long -term capital growth without assuming a greater risk, and earn a higher rate of return than that of the South African Equity Market.
BenchmarkFTSE/JSE All Share J203
Performance Fees Intended maximum limits
Inception Date 31/12/1997 Investment management (EX VAT) 1.50% Equity exposure 100%
1 year -15.02% Performance fee none Foreign exposure 30%
3 year 0.28% Total expense ratio 1.74% Property exposure 0%
5 year 2.46% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.29%
Total investment cost 2.03%
Coronation Money Market Fund South African / Interest bearing / Money market
Class BRisk profile LowReg28 Non compliant
Fund objectiveSeeks to outperform 1 to 3-year fixed deposit and call accounts over time, while taking the lowest level of capital risk consistent with this objective.
BenchmarkAlexander Forbes 3-month (STeFI) Index
Performance Fees Intended maximum limits
Inception Date 01/10/1999 Investment management (EX VAT) 0.15% Equity exposure 0%
1 year 7.89% Performance fee none Foreign exposure 0%
3 year 7.91% Total expense ratio 0.18% Property exposure 0%
5 year 7.55% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0%
Total investment cost 0.18%
Investec Money Market Fund South African / Interest bearing / Money market
Class RRisk profile LowReg28 Compliant
Fund objectiveAims to outperform fixed deposits and call deposits over time while aiming for capital preservation and providing immediate liquidity to investors.
BenchmarkSTeFI 3 months
Performance Fees Intended maximum limits
Inception Date 02/05/1997 Investment management (EX VAT) 0.50% Equity exposure 0%
1 year 7.47% Performance fee none Foreign exposure 0%
3 year 7.54% Total expense ratio 0.58% Property exposure 0%
5 year 7.23% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0%
Total investment cost 0.58%
Find out more about our funds: www.sygnia.co.za
Page 13 of 22 Sygnia Fund Range
Unit Trusts / Single Manager Funds
BCI Income Plus Fund South African / Multi-asset / Income
Class CRisk profile Low to moderateReg28 Non compliant
Fund objectiveThe fund aims to seek opportunities to deliver a high level of income and long term stability on capital invested.
BenchmarkSTeFI Call + 2%
Performance Fees Intended maximum limits
Inception Date 12/03/2014 Investment management (EX VAT) 0.50% Equity exposure 0%
1 year 9.87% Performance fee none Foreign exposure 0%
3 year 10.16% Total expense ratio 1.15% Property exposure 0%
5 year 10.01% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.01%
Total investment cost 1.16%
Cadiz Absolute Yield Fund South African / Multi-Asset / Income
Class B2Risk profile Low to moderateReg28 Non compliant
Fund objectiveThe fund seeks to outperform the CPI +3% over rolling 3 years and no negative returns over rolling 12 months.
BenchmarkHeadline Consumer Price Index +3% over rolling 3 years
Performance Fees Intended maximum limits
Inception Date 01/11/2006 Investment management (EX VAT) 0.52% Equity exposure 10%
1 year 10.74% Performance fee none Foreign exposure 30%
3 year 9.75% Total expense ratio 1.74% Property exposure 10%
5 year 8.82% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0%
Total investment cost 1.74%
Coronation Strategic Income Fund South African / Multi-Asset / Income
Class B4Risk profile Low to moderateReg28 Compliant
Fund objectiveAims to achieve a higher return than a traditional money market or pure income fund.
Benchmark110% of the 3-month STeFI Index
Performance Fees Intended maximum limits
Inception Date 01/10/2012 Investment management (EX VAT) 0.39% Equity exposure 10%
1 year 9.43% Performance fee none Foreign exposure 10%
3 year 8.82% Total expense ratio 0.53% Property exposure 10%
5 year 8.79% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.01%
Total investment cost 0.54%
Fairtree Flexible Income Plus Prescient Fund South African / Multi-Asset / Income
Class A1Risk profile LowReg28 Non compliant
Fund objectiveThe fund will endeavour to protect capital and maximize income growth. In order to achieve this objective the fund will invest in Interest bearing and non-equity securities.
BenchmarkSTeFI + 3%
Performance Fees Intended maximum limits
Inception Date 03/06/2013 Investment management (EX VAT) 0.75% Equity exposure 0%
1 year 9.89% Performance fee none Foreign exposure 0%
3 year 9.67% Total expense ratio 0.91% Property exposure 0%
5 year 10.17% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0%
Total investment cost 0.91%
Find out more about our funds: www.sygnia.co.za
Page 14 of 22 Sygnia Fund Range
Unit Trusts / Single Manager Funds
Investec Diversified Income Fund South African / Multi-Asset / Income
Class HRisk profile Low to moderateReg28 Compliant
Fund objectiveA flexible fixed interest fund that aims to provide investors with a maximum total return.
BenchmarkSTeFI Composite
Performance Fees Intended maximum limits
Inception Date 01/09/2008 Investment management (EX VAT) 0.52% Equity exposure 0%
1 year 8.95% Performance fee none Foreign exposure 30%
3 year 8.46% Total expense ratio 0.61% Property exposure 10%
5 year 8.76% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.02%
Total investment cost 0.63%
Marriott Core Income Fund South African / Multi-asset / Income
Class CRisk profile Low to moderateReg28 Compliant
Fund objectiveIncome fund aimed at producing a high and reliable income yield combined with the protection of the value of capital over the long-term.
Benchmark
Performance Fees Intended maximum limits
Inception Date 05/02/2001 Investment management (EX VAT) 0.74% Equity exposure
1 year 10.18% Performance fee none Foreign exposure
3 year 8.97% Total expense ratio 0.86% Property exposure
5 year 8.19% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund
Transaction costs 0.01%
Total investment cost 0.87%
Prescient Income Provider Fund South African / Multi Asset / Income
Class A2Risk profile Low to moderateReg28 Compliant
Fund objectiveThe Fund aims to return CPI + 3% per annum through a full interest rate cycle while providing stability by aiming never to lose capital over any rolling 3 month period.
BenchmarkSTeFI Call 110%
Performance Fees Intended maximum limits
Inception Date 31/01/2006 Investment management (EX VAT) 0.50% Equity exposure 10%
1 year 8.99% Performance fee none Foreign exposure 30%
3 year 8.60% Total expense ratio 0.60% Property exposure 15%
5 year 8.95% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0%
Total investment cost 0.60%
Stanlib Flexible Income Fund South African / Multi-asset / Income
Class B1Risk profile Low to moderateReg28 Compliant
Fund objectiveSeeks to maximise overall return, in the form of both income and capital growth.
Benchmark110% STeFI Composite
Performance Fees Intended maximum limits
Inception Date 29/04/2004 Investment management (EX VAT) 0.65% Equity exposure 0%
1 year 9.35% Performance fee none Foreign exposure 10%
3 year 7.23% Total expense ratio 0.53% Property exposure 10%
5 year 7.42% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.01%
Total investment cost 0.54%
Find out more about our funds: www.sygnia.co.za
Page 15 of 22 Sygnia Fund Range
Unit Trusts / Single Manager Funds
Allan Gray Stable Fund South African / Multi-asset / Low equity
Class CRisk profile Low to moderateReg28 Compliant
Fund objectiveAims to provide high capital stability and minimise risk of loss over any 2-year period.
BenchmarkThe daily interest rate as supplied by FirstRand Bank Limited plus 2%
Performance Fees Intended maximum limits
Inception Date 01/07/2000 Investment management (EX VAT) 0.70% Equity exposure 40%
1 year 2.42% Performance fee yes Foreign exposure 30%
3 year 6.28% Total expense ratio 1.74% Property exposure 10%
5 year 7.55% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.08%
Total investment cost 1.82%
Coronation Balanced Defensive Fund South African / Multi-asset / Low equity
Class B4Risk profile Low to moderateReg28 Compliant
Fund objectiveThe fund aims to preserve capital in real terms, with lower volatility over the medium to long-term.
BenchmarkAlexander Forbes 3-month (STeFI) Index +3%
Performance Fees Intended maximum limits
Inception Date 01/10/2012 Investment management (EX VAT) 0.96% Equity exposure 40%
1 year 6.17% Performance fee yes Foreign exposure 30%
3 year 6.28% Total expense ratio 1.13% Property exposure 25%
5 year 6.89% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.05%
Total investment cost 1.18%
Investec Cautious Managed Fund South African / Multi-asset / Low equity
Class HRisk profile Low to moderateReg28 Compliant
Fund objectiveSeeks to grow income and capital over the medium-term.
BenchmarkPeer Group Average
Performance Fees Intended maximum limits
Inception Date 01/04/2006 Investment management (EX VAT) 0.96% Equity exposure 40%
1 year 7.22% Performance fee none Foreign exposure 30%
3 year 7.34% Total expense ratio 1.22% Property exposure 10%
5 year 7.62% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.02%
Total investment cost 1.24%
Nedgroup Investments Stable Fund South African / Multi-asset / Low equity
Class A2Risk profile Low to moderateReg28 Compliant
Fund objectiveAims to provide total returns that are in excess of inflation over the medium-term.
BenchmarkInflation +4% per annum over rolling 3-year periods
Performance Fees Intended maximum limits
Inception Date 01/11/2007 Investment management (EX VAT) 0.83% Equity exposure 40%
1 year 5.45% Performance fee none Foreign exposure 30%
3 year 5.47% Total expense ratio 1.56% Property exposure 25%
5 year 6.29% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.01%
Total investment cost 1.57%
Find out more about our funds: www.sygnia.co.za
Page 16 of 22 Sygnia Fund Range
Unit Trusts / Single Manager Funds
Prudential inflation Plus Fund South African / Multi-asset / Low equity
Class BRisk profile Low to moderateReg28 Compliant
Fund objectiveSeeks to outperform CPI by 5% (before fees) over a rolling 3-year period.
BenchmarkHeadline Consumer Price Index +5% per annum over a rolling 3-year period
Performance Fees Intended maximum limits
Inception Date 01/06/2001 Investment management (EX VAT) 0.52% * Equity exposure 40%
1 year 2.12% Performance fee none Foreign exposure 30%
3 year 3.95% Total expense ratio 0.93% Property exposure 25%
5 year 5.95% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.11%
Total investment cost 1.04%
* Plus foreign manager fees
Coronation Capital Plus Fund South African / Multi-asset / Medium Equity
Class PRisk profile ModerateReg28 Compliant
Fund objectiveSeeks to maintain a real growth rate of 4% per annum with a key focus on capital preservation.
BenchmarkHeadline Consumer Price Index +4% per annum
Performance Fees Intended maximum limits
Inception Date 01/10/2012 Investment management (EX VAT) 0.74% Equity exposure 60%
1 year 3.93% Performance fee yes Foreign exposure 30%
3 year 4.29% Total expense ratio 1.15% Property exposure 25%
5 year 4.95% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.06%
Total investment cost 1.21%
27Four Shari’ah Balanced Prescient Fund of Funds South African / Multi-asset / High Equity
Class A1Risk profile Moderate to HighReg28 Compliant
Fund objectiveThe portfolio is designed to deliver investment returns in excess of consumer price inflation over the medium-term.
BenchmarkUnit Trust Category Average
Performance Fees Intended maximum limits
Inception Date 06/05/2011 Investment management (EX VAT) 0.79% Equity exposure 75%
1 year 0.80% Performance fee none Foreign exposure 30%
3 year 3.17% Total expense ratio 1.66% Property exposure 10%
5 year 4.22% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.06%
Total investment cost 1.72%
Allan Gray Balanced Fund South African / Multi-asset / High Equity
Class CRisk profile Moderate to highReg28 Compliant
Fund objectiveSeeks to create long-term wealth within the constraints governing retirement funds.
BenchmarkMarket value-weighted average return of funds in the South African - Multi-Asset - High Equity category (excluding AGBF)
Performance Fees Intended maximum limits
Inception Date 01/10/1999 Investment management (EX VAT) 0.70% Equity exposure 75%
1 year -1.55% Performance fee yes Foreign exposure 30%
3 year 3.42% Total expense ratio 0.86% Property exposure 10%
5 year 5.92% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.29%
Total investment cost 1.15%
Find out more about our funds: www.sygnia.co.za
Page 17 of 22 Sygnia Fund Range
Unit Trusts / Single Manager Funds
Coronation Balanced Plus Fund South African / Multi-asset / High Equity
Class B4Risk profile Moderate to highReg28 Compliant
Fund objectiveSeeks to achieve the highest returns within the constraints of the statutory investment restriction.
BenchmarkComposite of 53% equity, 22% bonds, 20% international and 5% cash
Performance Fees Intended maximum limits
Inception Date 02/04/2012 Investment management (EX VAT) 0.74% Equity exposure 75%
1 year 2.60% Performance fee none Foreign exposure 30%
3 year 4.18% Total expense ratio 1.15% Property exposure 25%
5 year 5.46% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.13%
Total investment cost 1.28%
Foord Balanced Fund South African / Multi-asset / High Equity
Class B2Risk profile Moderate to highReg28 Compliant
Fund objectiveSeeks to achieve the steady growth of income and capital as well as the preservation of real capital (as adjusted for inflation).
BenchmarkThe market value weighted average total return of the South African - Multi-Asset - High Equity unit trust sector, excluding Foord Balanced Fund
Performance Fees Intended maximum limits
Inception Date 01/03/2012 Investment management (EX VAT) 0.52% Equity exposure 75%
1 year 1.54% Performance fee yes Foreign exposure 30%
3 year 3.45% Total expense ratio 0.82% Property exposure 25%
5 year 4.78% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.03%
Total investment cost 0.85%
Investec Managed Fund South African / Multi-asset / High Equity
Class HRisk profile ModerateReg28 Compliant
Fund objectiveSeeks stable, long-term growth and returns well in excess of the fund’s peer group.
BenchmarkPeer Group Average
Performance Fees Intended maximum limits
Inception Date 09/02/1994 Investment management (EX VAT) 0.48% Equity exposure 75%
1 year 6.07% Performance fee yes Foreign exposure 30%
3 year 7.66% Total expense ratio 1.37% Property exposure 10%
5 year 9.08% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.75%
Total investment cost 2.12%
Investec Opportunity Fund South African / Multi-asset / High Equity
Class HRisk profile ModerateReg28 Compliant
Fund objectiveSeeks to achieve the highest returns within the constraints of the statutory investment restrictions.
BenchmarkHeadline Consumer Price Index +6%
Performance Fees Intended maximum limits
Inception Date 02/05/1997 Investment management (EX VAT) 0.48% Equity exposure 75%
1 year 3.63% Performance fee yes Foreign exposure 30%
3 year 6.05% Total expense ratio 0.80% Property exposure 10%
5 year 7.25% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.02%
Total investment cost 0.82%
Find out more about our funds: www.sygnia.co.za
Page 18 of 22 Sygnia Fund Range
Unit Trusts / Single Manager Funds
Kagiso Islamic Balanced Fund South African / Multi-asset / High Equity
Class BRisk profile Moderate to highReg28 Compliant
Fund objectiveSeeks steady, long-term returns within the statutory investment restrictions for retirement funds. Shari’ah compliant.
BenchmarkSouth African - Multi-Asset - High Equity funds mean
Performance Fees Intended maximum limits
Inception Date 01/05/2013 Investment management (EX VAT) 1.09% Equity exposure 75%
1 year 2.53% Performance fee none Foreign exposure 0%
3 year 5.93% Total expense ratio 1.05% Property exposure 25%
5 year 5.00% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.16%
Total investment cost 1.21%
Marriott Balanced Fund of Funds South African / Multi-asset / High Equity
Class DRisk profile ModerateReg28 Compliant
Fund objectiveRegulation 28 compliant balanced fund aimed to produce a moderate income yield and inflation hedged income and capital growth over time.
Benchmark
Performance Fees Intended maximum limits
Inception Date 01/10/2001 Investment management (EX VAT) 1.00% Equity exposure
1 year 4.62% Performance fee none Foreign exposure
3 year 4.02% Total expense ratio 2.12% Property exposure
5 year 5.73% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund
Transaction costs 0.10%
Total investment cost 2.22%
Prudential Balanced Fund South African / Multi-asset / High Equity
Class BRisk profile Moderate to highReg28 Compliant
Fund objectiveSeeks steady long-term growth through a diversified combination of domestic and international assets.
BenchmarkUnit Trust Category Average
Performance Fees Intended maximum limits
Inception Date 02/08/1999 Investment management (EX VAT) 0.52% * Equity exposure 75%
1 year 0.42% Performance fee none Foreign exposure 30%
3 year 5.56% Total expense ratio 0.94% Property exposure 25%
5 year 6.71% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.14%
Total investment cost 1.08%
* Plus foreign manager fees
PSG Balanced Fund South African / Multi-asset / High Equity
Class ARisk profile ModerateReg28 Compliant
Fund objectiveThe fund’s objective is to achieve long term growth of capital and a reasonable level of income for investors
Benchmark CPI + 5%
Performance Fees Intended maximum limits
Inception Date 01/06/1999 Investment management (EX VAT) 1.50% Equity exposure 75%
1 year -9.79% Performance fee none Foreign exposure 30%
3 year 1.93% Total expense ratio 1.74% Property exposure 25%
5 year 4.83% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.25%
Total investment cost 1.99%
Find out more about our funds: www.sygnia.co.za
Page 19 of 22 Sygnia Fund Range
Unit Trusts / Single Manager Funds
Marriott High Income Fund of Funds South African / Multi-asset / Flexible
Class DRisk profile Low to moderateReg28
Fund objectiveIncome fund aimed at producing a high and reliable income yield combined with the protection of the value of capital over the long-term.
Benchmark
Performance Fees Intended maximum limits
Inception Date 01/10/2001 Investment management (EX VAT) 0.74% Equity exposure
1 year 9.63% Performance fee none Foreign exposure
3 year 8.39% Total expense ratio 1.23% Property exposure
5 year 7.71% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund
Transaction costs 0.01%
Total investment cost 1.24%
* Plus foreign manager fees
PSG Flexible Fund South African / Multi-asset / Flexible
Class ARisk profile Moderate to highReg28 Non compliant
Fund objectiveThe funds objective is to achieve superior medium to long- term capital growth by investing in selected sectors of the equity, gilt and money markets, both locally and abroad.
Benchmark CPI + 6%
Performance Fees Intended maximum limits
Inception Date 02/11/1998 Investment management (EX VAT) 1.00% Equity exposure 100%
1 year -8.12% Performance fee 7% ** Foreign exposure 30%
3 year 2.69% Total expense ratio 1.70% Property exposure 0%
5 year 5.87% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.27%
Total investment cost 1.97%** Percentage of outperformance of the high water mark
Kagiso Islamic High Yield Fund South African /Multi-asset / Income
Risk profile Low to Moderate Reg28 Compliant
Fund objectiveThe fund aims to provide capital stability and optimal income returns. In order to achieve it’s objectives, the fund will be using shortterm, medium-term and long-term income generating securities as outlined by the constraints of the restrictions for retirement savings.
BenchmarkSTeFI
Performance Fees Intended maximum limits
Inception Date 11/03/2019 Investment management (EX VAT) 1.25% Equity exposure 30.40%
1 year ★ Performance fee yes Foreign exposure 100%
3 year ★ Total expense ratio 0.61% Property exposure 0%
5 year ★ Latest available TER date 30/06/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.01%
Total investment cost 0.62%
Allan Gray Orbis Global Equity Feeder Fund Global / Equity / General
Class ARisk profile HighReg28 Non compliant
Fund objectiveThe fund aims to outperform world equity indices, but with significantly lower variability of returns.
BenchmarkFTSE World Index, including income
Performance Fees Intended maximum limits
Inception Date 01/04/2005 Investment management (EX VAT) 0% ** Equity exposure 100%
1 year -3.83% Performance fee yes Foreign exposure 100%
3 year 6.99% Total expense ratio 1.04% Property exposure 25%
5 year 9.66% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.14%
Total investment cost 1.18%
** Plus underlying funds
Find out more about our funds: www.sygnia.co.za
Page 20 of 22 Sygnia Fund Range
Unit Trusts / Single Manager Funds
Coronation Global Opportunities Equity (ZAR) Feeder Fund Global / Equity / General
Class B4Risk profile HighReg28 Non Compliant
Fund objectiveThe fund invests in top-quality equity funds covering the US, Europe and Far Eastern markets.
BenchmarkReturns in excess of the MSCI World Index (ZAR)
Performance Fees Intended maximum limits
Inception Date 01/08/1997 Investment management (EX VAT) 0.83% Equity exposure 100%
1 year 1.32% Performance fee yes Foreign exposure 100%
3 year 10.09% Total expense ratio 1.66% Property exposure 0%
5 year 11.27% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.14%
Total investment cost 1.80%
Investec Global Franchise Feeder Fund Global / Equity / General
Class HRisk profile Moderate to highReg28 Non Compliant
Fund objectiveThe underlying fund is unrestricted in its choice of companies either by size or industry or in terms of geographical makeup of the portfolio. The underlying fund focuses investment on companies deemed to be of high quality, typically those associated with global brands or franchises.
BenchmarkMSCI AC World NR (MSCI World NR pre 01/10/2011)
Performance Fees Intended maximum limits
Inception Date 01/10/2012 Investment management (EX VAT) 1.09% Equity exposure 100%
1 year 13.02% Performance fee yes Foreign exposure 100%
3 year 14.05% Total expense ratio 1.35% Property exposure 0%
5 year 15.24% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0%
Total investment cost 1.35%
Kagiso Islamic Global Equity Feeder Fund Global / Equity / General
Class BRisk profile HighReg28 Non compliant
Fund objectiveA Sharia-compliant fund that aims to achieve optimum risk adjusted total returns by providing investors with exposure to an international collective investment scheme portfolio comprising a diversified mix of global equity and equity-related securities.
BenchmarkGlobal equity general funds
Performance Fees Intended maximum limits
Inception Date 07/01/2019 Investment management (EX VAT) 1.35% Equity exposure 0%
1 year ★ Performance fee none Foreign exposure 0%
3 year ★ Total expense ratio 1.35% Property exposure 0%
5 year ★ Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0%
Total investment cost 1.35%
Old Mutual Global Equity Global / Equity / General
Class B1Risk profile HighReg28 Non Compliant
Fund objectiveThe fund has a broad-based exposure to quality shares from across the globe. This fund remains as fully invested in foreign equities as possible, given regulatory constraints.
BenchmarkMSCI World Index
Performance Fees Intended maximum limits
Inception Date 17/05/1995 Investment management (EX VAT) 1.35% Equity exposure 100%
1 year 1.43% Performance fee none Foreign exposure 100%
3 year 12.57% Total expense ratio 0.20% Property exposure 0%
5 year 13.21% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.16%
Total investment cost 0.36%* Plus foreign manager fees
Find out more about our funds: www.sygnia.co.za
Page 21 of 22 Sygnia Fund Range
Unit Trusts / Single Manager Funds
Prudential Global High Yield Bond Fund Of Funds Global / Bonds / Flexible
Class ARisk profile Low to ModerateReg28 Non compliant
Fund objectiveTo maximise total return while generating a relatively high yield when compared to global bond markets. This is obtained through exposure to a selection of higher-yielding global corporate bonds.
Benchmark Barclays Capital Global Aggregate Bond Index
Performance Fees Global / Equity / General Intended maximum limits
Inception Date 01/11/2000 Investment management (EX VAT) 0.50% Equity exposure
1 Year 13.82% Performance fee none Foreign exposure
3 Year 4.07% Total expense ratio 1.36% Property exposure
5 Year 6.83% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund
Transaction costs 0.07%
Total investment cost 1.43%
Allan Gray Orbis Global Fund of Funds Global / Multi-Asset / High Equity
Class ARisk profile HighReg28 Non Compliant
Fund objectiveA general equity portfolio that seeks to create sustainable capital growth for investors.
BenchmarkA portfolio made up 60% by the FTSE World Index, including income, and 40% the JP Morgan Global Government Bond Index
Performance Fees Intended maximum limits
Inception Date 03/02/2004 Investment management (EX VAT) 0% * Equity exposure 75%
1 year -3.94% Performance fee yes Foreign exposure 100%
3 year 4.08% Total expense ratio 1.15% Property exposure 25%
5 year 7.82% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.11%
Total investment cost 1.26%
* Plus foreign manager fees
Coronation Global Managed (ZAR) Feeder Fund Global / Multi-Asset / High Equity
Class B4Risk profile HighReg28 Non compliant
Fund objectiveSeeks to outperform the global markets as measured by the MSCI World/Bond composite benchmark over a 3 to 5-year period.
BenchmarkComposite: 60% MSCI World Index & 40% Citigroup World Government Bond Index
Performance Fees Intended maximum limits
Inception Date 29/10/2009 Investment management (EX VAT) 0.83% Equity exposure 75%
1 year 8.97% Performance fee yes Foreign exposure 100%
3 year 8.44% Total expense ratio 1.04% Property exposure 15%
5 year 9.53% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.13%
Total investment cost 1.17%
Foord International Feeder Fund Global / Multi-asset / Flexible
Class B2Risk profile HighReg28 Non compliant
Fund objectiveSeeks to outperform world equity indices, but with significantly lower variability of returns.
BenchmarkThe ZAR equivalent of 10% per annum in USD
Performance Fees Intended maximum limits
Inception Date 01/03/2012 Investment management (EX VAT) 0.09% * Equity exposure 100%
1 year 7.60% Performance fee yes Foreign exposure 100%
3 year 6.44% Total expense ratio 1.56% Property exposure 0%
5 year 9.04% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0%
Total investment cost 1.56%
Find out more about our funds: www.sygnia.co.za
Page 22 of 22 Sygnia Fund Range
Unit Trusts / Single Manager Funds
Coronation Global Capital Plus Global /Multi-asset / Flexible
Class FRisk profile Moderate to HighReg28 Non compliant
Fund objectiveGlobal Capital Plus is in the first instance managed to achieve reasonable investment growth over time. Our intent is that the fund should meaningfully outperform an investment in developed market cash over time. In addition, we aim to preserve capital over any 12-month period.
Benchmark3-month USD LIBOR + 1.5%
Performance Fees Intended maximum limits
Inception Date 01/12/2011 Investment management (EX VAT) 1.25% Equity exposure 30.40%
1 year 4.00% Performance fee yes Foreign exposure 100%
3 year 3.50% Total expense ratio 1.46% Property exposure 0%
5 year 3.30% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.07%
Total investment cost 1.53%
Marriott Worldwide Flexible Fund of Funds Worldwide / Multi-Asset / Flexible
Class DRisk profile Moderate to HighReg28 Non compliant
Fund objectiveA flexible fund aimed to produce an acceptable dividend yield combined with long-term growth of income and capital.
Benchmark Composite (70% ALSI and 30% MSCI) based on the Total Return Index
Performance Fees Intended maximum limits
Inception Date 01/11/2001 Investment management (EX VAT) 1.00% Equity exposure
1 year 9.24% Performance fee none Foreign exposure
3 year 5.93% Total expense ratio 2.36% Property exposure
5 year 8.33% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund
Transaction costs 0.08%
Total investment cost 2.44%
Coronation Optimum Growth Fund Worldwide / Multi-asset / Flexible
Class PRisk profile HighReg28 Non Compliant
Fund objectiveThe fund aims to maximise long-term growth by investing a range of opportunities availabe in both South Africa and around the world. The fund has been a top quartile performer since launch.
Benchmark35% J303T, 15% ALBI, 35% MSCI ACWI, 15% Barclays Capital Global Aggregate Bond Index
Performance Fees Intended maximum limits
Inception Date 15/03/1999 Investment management (EX VAT) 0.85% Equity exposure 100%
1 year 16.00% Performance fee yes Foreign exposure 100%
3 year 11.02% Total expense ratio 1.04% Property exposure 0%
5 year 10.93% Latest available TER date 30/09/2019 Maximum hedge / Private equity fund 0%
Transaction costs 0.16%
Total investment cost 1.20%