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-0.55  /  -0.33%

168.6

NAV on 2019/09/13
NAV on 2019/09/12 169.15
52 week high on 2019/08/14 174.2
52 week low on 2019/01/04 139.37
Total Expense Ratio on 2019/06/30 1.64
Total Expense Ratio (performance fee) on 2019/06/30 0
NAV Incl Dividends
1 month change -1.36% -1.36%
3 month change 0.58% 0.58%
6 month change 6.6% 6.6%
1 year change 3.18% 3.18%
5 year change 9.87% 9.87%
10 year change 0% 0%
Price data is updated once a day.
  • Sectoral allocations
Liquid Assets 0.03 0.06%
Offshore 49.85 99.94%
  • Top five holdings
O-27FGLBE 49.18 98.6%
  • Performance against peers
  • Fund data  
Management company:
Prescient Management Company Ltd. (PIM)
Formation date:
2014/01/13
ISIN code:
ZAE000185963
Short name:
U-27FOGLO
Risk:
Unknown
Sector:
Global--Equity--General
Benchmark:
MSCI World Index ZAR
Contact details

Email
info@prescient.co.za

Website
http://www.prescient.co.za

Telephone
+27-21-700-3600

  • Fund management  
Fatima Vawda


  • Fund manager's comment
No fund manager's comment available.
  • Fund focus and objective  
The 27four Global Equity Prescient Feeder Fund is a feeder fund. The investment objective of the Fund is to generate excess returns above its benchmark by strategically allocating assets across investment themes, regions, countries, sectors and currencies through expert equity fund selection and portfolio construction processes. In order to achieve its objective, the 27four Global Equity Prescient Feeder Fund will, apart from assets in liquid form, consist solely of participatory interests in the approved, 27four Global Equity Fund of Funds ('underlying fund') under the Prescient Global Funds plc domiciled in Ireland.
The underlying fund will invests in collective investment schemes or unleveraged exchange-traded funds which physically hold assets ('ETFs') which provide exposure principally to equities, debt securities such as global investment grade fixed or floating rate bonds issued by corporations and governments and other debt securities of governments and corporates of various types and maturities, including, for example, fixed rate, floating rate and variable rate notes, bonds, index linked debt securities, coupon-bearing and deferred interest instruments (such as zero coupon bonds), certificates of deposits, money market instruments such as commercial paper, treasury bills and, currencies, real estate and through Regulated Funds which, in the underlying fund's Investment Manager's view, have good risk adjusted pricing characteristics. The underlying fund is permitted to invest in listed and unlisted financial instruments in line with the conditions as determined by legislation from time to time.
The Feeder Fund as permitted in Par 12(f) of Chapter IV of Board Notice 80 of 2012 will be allowed to enter into financial transactions for the exclusive purpose of hedging exchange risks subject to the conditions and limitations as stipulated in Chapter V of Board Notice 80 of 2012.
Nothing in the supplemental deed shall preclude the underlying funds Investment Manager from varying the ratios of asset allocation and securities, to maximise capital growth and investment potential in changing economic environments or market conditions or to meet the requirements, if applicable, of any exchange formally recognised in terms of legislation and from retaining cash or placing cash on deposit in terms of the Deed and any Supplemental Deeds thereto; provided that the Manager shall ensure that the aggregate value of the assets comprising the portfolio shall consist of securities of the aggregate value required from time to time by the Act.
The Trustee shall ensure that the investment policy set out in this supplemental deed, the Deed and in all Supplemental Deeds thereto is carried out.
For the purpose of this portfolio, the manager in consultation with the Investment 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.
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