NAV on 2020/05/26
|NAV on 2020/05/25
|52 week high on 2020/02/10
|52 week low on 2020/03/25
|Total Expense Ratio on 2019/12/31
|Total Expense Ratio (performance fee) on 2019/12/31
Sanlam Collective Investments
MSCI World Financial Index ZAR (net of fees)
No email address listed.
No website listed.
Kokkie joined Sanlam Investment Management (SIM) in February 2004, as head of the international financial services sector, to help set up a conventional global investment unit. Kokkie previously spent 10 years with Old Mutual Asset Managers where he became a portfolio manager and Head of the Financial Services sector. He joined SIM from Coronation, where he managed the local Financial Services Fund and the Global Financial Services Fund listed in Dublin.
The objective of the portfolio is to provide long-term capital growth by investing in financial companies from around the world. This feeder fund portfolio primarily invests in participatory interests of the FSCA approved Denker Global Financial Fund, a sub-fund of the Irish domiciled Sanlam Universal Funds plc. The portfolio may also hold ancillary liquid assets including cash and/or money market instruments. The Portfolio may, where the Manager considers it in the best interests of the Fund, invest up to 100% of its net assets in securities traded in or dealt on the stock exchanges or regulated markets considered by the manager to be emerging markets.
The portfolio will apart from assets in liquid form, invest in participatory interests of the Sanlam Global Financial Fund established under the Sanlam Universal Funds PLC approved by the Irish Regulator in April 2004. The Sanlam Global Financial Fund will have foreign exposure of at least 85% at all times and will be actively managed. Subject to the investment restrictions, the Fund will primarily invest in equities traded in or dealt on the stock exchanges or regulated markets. The Portfolio may, where the Manager considers it in the best interests of the Fund, invest up to 100% of its net assets in securities traded in or dealt on the stock exchanges or regulated markets considered by the manager to be emerging markets. The Trustee shall ensure that the investment policy set out in the preceding clauses are adhered to; provided that nothing contained in this clause shall preclude the Manager from varying the proportions of securities in terms of changing economic factors or market conditions or from retaining cash in the portfolio and/or placing cash on deposit.