Nedgroup Investments Select Growth Fund of Funds C1 NIXSC1
Strategy
The investment objective of the portfolio is to seek to secure, in real terms, the steady growth of capital. Investments to be included in the portfolio will, apart from assets in liquid form, consist solely of participatory interests of at least two portfolios of collective investment schemes registered in the Republic of South Africa or operated in territories with a regulatory environment, which is to the satisfaction of the manager and the trustee, of a sufficient standard to provide investor protection at least equivalent to that in South Africa. The portfolios may consist of a combination of equity, asset allocation, fixed interest and real estate portfolios. The allocation of investments to be included in the portfolio will be appropriate for retirement funds. The net equity asset allocation of the portfolio may be up to a maximum of 75% of the aggregate market value of the portfolio.
Ticker | Name | Share Class Type | Investment Status | Morningstar Rating for Funds Overall | Medalist Rating Overall | Inception Date | Total Net Assets for Share Class | Adjusted Expense Ratio | Fee Level Distribution | Minimum Initial Investment | 1-Year Net Flow |
|---|---|---|---|---|---|---|---|---|---|---|---|
NFBA | Nedgroup Investments Select Growth Fund of Funds A | — | Open | ZAR 200.33M | — | — | ZAR 5,000 | −ZAR 3.70M | |||
NFBCC | Nedgroup Investments Select Growth Fund of Funds C | — | Open | ZAR 1.18B | — | — | ZAR 5,000 | ZAR 145.80M | |||
NIXDF | Nedgroup Investments Select Growth Fund of Funds B2 | — | Open | ZAR 2.24B | — | Below Average | — | ZAR 264.02M | |||
NIXSC1 | Nedgroup Investments Select Growth Fund of Funds C1 | — | Open | ZAR 171.27M | — | Above Average | ZAR 10,000 | ZAR 43.19M | |||
NIXSDS | Nedgroup Investments Select Growth Fund of Funds S | — | Open | ZAR 38.17M | — | — | ZAR 10,000 | ZAR 4.46M |