Core Global Feeder Fund

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Investor Profile

The unit trust portfolio is suitable for investors seeking low cost offshore exposure to developed financial markets as part of their overall investment strategy and who do not wish to make complex asset allocation decisions between equities, cash and bonds in offshore markets. The portfolio is rand-denominated, which provides investors who may have utilised their full individual offshore allowance an opportunity to obtain additional exposure to international markets.

Investment managers

BlackRock, null

BlackRock

BlackRock is the world’s largest independent asset management firm with over $4.7 trillion in AUM. They have pioneered and led the index fund market since the 1970s and currently manage around $3 trillion in Index funds and ETFs spanning over 650 benchmarks. The Nedgroup Investments Core Global Fund is implemented along BlackRock’s Total Performance Investment Philosophy which consists of constructing a solution that maximises the total return of a portfolio by considering the performance, cost and tax implications of different underlying building blocks.

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* 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

5 years

Inception date

31 December 2015

Asisa category

Global - Multi Asset - High Equity

Benchmark

ASISA Category Average

Performance (since inception)

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

Annual fees and charges

excl VAT incl VAT
Fund management fee 0.35% 0.35%
+
Fund expenses 0.16%
Total expense ratio 0.51%
+
Fund transacting costs 0.00%
Total investment charges 0.51%

Price as at eac View all prices

Fund price Market change Unit count
2 258.23 0.42% 236 640 443.9396

Income distribution

Cents per unit Latest date Frequency
0.46 31 December 2024 Annually