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FEDGRO INDEX FUND |
The primary aim of the Fedgro Index Fund is to track the JSE All Share Index as closely as possible, given the constraints of a mandatory 5% cash component and the relative illiquidity of the South African equity market.
The investment return over the longer term will be very close to the very good returns achieved by the JSE.
R 200 lump sum
Lump sums by cash,cheque or debit order
| Up to R 25 000 | 5% |
| R 25 001 - R 50 000 | 4.5% |
| R 50 001 - R 100 000 | 4% |
| R 100 001 - R 150 000 | 3% |
| R 150 001 - R 200 000 | 2% |
| R 200 001 - R 300 000 | 1.5% |
| R 300 001 - R 500 000 | 1% |
| Over R 500 000 | 0.5% |