Over the years, the financial services sector in South Africa has produced some of the most powerful and successful companies. The growth and prosperity of these leading companies and institutions has made the financial services industry a driving force in the South African economy and a major component of stock market investment. However, few individuals have the time, expertise or the capital to invest securely in these concerns.
The strategy of Sage Financial Services Fund is to provide this specialised investment opportunity through a diversified and professionally managed portfolio, exclusively focused on the financial services industry. The focus of investments is on the Banking and Insurance Sectors, but can include companies in the Investment Trust, Industrial Holdings or other sectors where the nature of activities is predominantly financial.
This fund offers a specialised vehicle for both individual and institutional investors who are seeking a share in an area offering growth, stability, strength and institutional continuity.
The fund�s investment policy seeks optimum overall yields, comprising both capital growth and income. The investments of the fund are primarily ordinary shares in companies whose principal business operations involve provision of insurance, banking or other financial services. The fund can also invest where appropriate in approved securities, preference shares, stock, liquid assets or any other approved securities from time to time.