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Mining & Resource Fund

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Investor Profile

The unit trust portfolio is suitable for investors who require sector specific exposure to mining and resources shares as part of their overall investment strategy, with maximum capital appreciation as their primary goal over the long term. Investors should have a high tolerance for short-term market volatility in order to achieve long-term objectives. Due to its specialist nature, the portfolio will typically display higher volatility than a general equity unit trust portfolio.

Investment manager

M&G Investments Southern Africa was established in 1994 and has managed the Nedgroup Investments Mining & Resources Fund since 2004. The local asset manager is part of the wider M&G plc group, one of Europe’s largest active investment managers.

Long-term investors by nature, their investment philosophy is to search for value within prudent risk parameters. As active managers, their investment capability is to uncover shares that provide a better return than the market and they have a proven track record within the basic materials sector.

Alongside its firmwide commitment to responsible investing, M&G Investments is one of the leading South African fund managers when considering their level of disclosure and transparency. This is supported by a biannual Stewardship Report and its continued involvement with both the Codes for Responsible Investing in South Africa (CRISA) and the United Nations Principles for Responsible Investing (UNPRI). 

 

Risk profile

Low risk High risk
The greater the amount of risk an investor is willing to take on the greater the potential return

Minimum investment

Lump sum: R10 000 Debit order: R250

Recommended minimum period

7 years

Inception date

03 November 2003

Asisa category

(ASISA) South African EQ Resources

Benchmark

FTSE/JSE Ind/Basic Materials Index

Performance (since inception)

Past performance is not indicative of future performance and does not predict future returns.

Annual fees and charges eac Fees calculator

excl VAT incl VAT
Fund management fee 1.50% 1.73%
+
Fund expenses 0.04%
Total expense ratio 1.76%
+
Fund transacting costs 0.23%
Total investment charges 1.99%

Price as at eac View all prices

Fund price Market change Unit count
3 152.27 0.69% -

Income distribution

Cents per unit Latest date Frequency
133.69 29 December 2023 Annually

Responsible investing

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Our responsibility towards our clients’ assets forms the foundation of our investment philosophy and approach.

Read more Responsible Investing Link