The investment objective of the MELVILLE DOUGLAS STANLIB SA EQUITY FUND is to generate capital growth over the medium to long term through investing in listed South African equity securities. Income generation is a secondary objective of the fund.
In order to achieve this objective, the MELVILLE DOUGLAS STANLIB SA EQUITY FUND will primarily consist of high quality and superior South African equities securities listed on the Johannesburg Stock Exchange (JSE). The fund will adopt a more aggressive approach over the medium to long term, attempting to achieve a high alpha relative to the benchmark. The Fund may invest in non-equity securities such as but not limited to equity linked notes and money market instruments as permitted by legislation from time to time.

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