The portfolio is a Feeder Fund. The investment objective of the portfolio is 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.
Investments to be included in the portfolio will, apart from assets in liquid form, consist solely of participatory interests of only one collective investment scheme portfolio, namely the Kagiso Islamic Global Equity Fund, being a fund of the Irish-constituted scheme, the Kagiso Global Asset Management ICAV.
For the purposes of the Kagiso Islamic Global Equity Feeder Fund the manager shall reserve the right to close the portfolio to new investors. This will be done in order to be able to manage the portfolio in accordance with its mandate. This critical size shall be determined from time to time by the manager. The Manager may, once a portfolio has been closed, open that portfolio again to new investors on a date determined by the Manager.