• Introduction
• How to Invest
• Costs and Charges
• Other GuardBank Unit Trusts

Launched in 1994, this "managed fund" is aimed at the investor who requires lower volatility and risk than offered by the other GuardBank equity funds, but still needs a significant element of growth.

Investments will be carefully selected from the full range of top quality shares (including property) quoted in all sectors of the Johannesburg Stock Exchange but the percentage of the portfolio invested in shares will be well below that of the other GuardBank equity funds.

Income is declared half-yearly - at the end of June and at the end of December.

It�s easy to invest! Investors can invest in the Stability Fund by means of a monthly debit order or a lump sum investment or both. Just R500 is required if you are investing a lump sum or only R100 if you are investing monthly.

Payment for lump sum investments into the Stability Fund can be made by:

• Cheque or Cash Deposit at any Branch of First National Bank
• Credit Transfer from any Bank
• Cheque through the post
• Video Bank
• Cash or Cheque at any of the GuardBank Offices

The investor pays for the value of the underlying investments as determined on the Johannesburg Stock Exchange on the day the investment is made PLUS some charges:

• Compulsory Charges

  These consists of Marketable Securities Tax, Stamp Duty, Brokerage and VAT. A combined maximum of 2% on entry and 0.85% on exit is levied on the equity portion of the portfolio only.

• Initial Charges

  The selling price of GuardBank Stability Fund units includes and initial charge, based on a sliding scale. This sliding scale is set at a maximum of 5%.

• Service Charges

  A service charge of 1/16th of 1% (exclusive of VAT) is currently levied on the market value of the GuardBank Stability Fund�s portfolio and is deducted from the income received by the funds.

• GuardBank Growth Fund
• GuardBank Prosperity Fund
• GuardBank Stability Fund
• GuardBank Industrial Fund
• GuardBank Resources Fund
• GuardBank Capital Focus Fund
• GuardBank Income Fund

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