Select Equity Fund of Funds
Investor Profile
The investment objective of the XS Select Equity Fund of Funds is to seek to secure, in real terms, the steady growth of capital. The portfolio is suitable for investors seeking exposure to the domestic and foreign equity markets with capital appreciation as the primary goal over the long term. The solution achieves its objective through investment in a diversified combination of four South African equity funds in equal weights.
Investment managers
Nedgroup Investment Advisors
Nedgroup Investments Multi-Manager is a dedicated asset management division within Nedgroup Investments that consists of a diverse team of investment professionals based in Cape Town and London. We specialise in asset allocation and fund manager research and base our investment decisions on fundamentally-driven research.
Risk profile
Minimum investment
Lump sum: R10 000* Debit order: R250* The R250 minimum is only for UT and TFI products. The minimum for products such as retirement annuity, endowments, pension preservations and provident preservations is R500.Recommended minimum period
7 yearsInception date
01 January 2008
Asisa category
(ASISA) South African MA Flexible
Benchmark
SA Inflation + 6.5%
Performance (since inception)
Past performance is not indicative of future performance and does not predict future returns.
Annual fees and charges Fees calculator
| excl VAT | incl VAT | |
|---|---|---|
| Fund management fee | 1.08% | 1.24% |
| + | ||
| Fund expenses | 0.26% | |
| Total expense ratio | 1.50% | |
| + | ||
| Fund transacting costs | 0.52% | |
| Total investment charges | 2.02% | |
Price as at View all prices
| Fund price | Market change | Unit count |
|---|---|---|
| 3 839.33 |  0.45% |
1 577 909.0188 |
Income distribution
| Cents per unit | Latest date | Frequency |
|---|---|---|
| 58.39 | 31 December 2024 | Annually |
Downloads
Fact sheet
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