Sage first expanded its unit trust range with the launch of Sage Resources Fund in August 1987. Today, this fund has total assets exceeding R120 million.
The strategy of Sage Resources Fund is to Provide a Specialised investment opportunity to individual investors through a professionally managed, diversified portfolio that focuses exclusively on natural resources, from metals and minerals to energy and timber.
South Africa�s wealth of natural resources has played a vital role in the country�s growth and prosperity and is a driving force in the economy. In addition, the resources sectors are also a major component of stock market investment.
Sage Resources Fund has specific appeal to the investor who has a greater awareness of market trends and who takes a view on the resources sector. By its nature, a specialist fund such as Sage Resources Fund, tends to be more volatile than a general fund in the short term. Nonetheless, the overriding objective is long-term capital and income growth.
The investment policy of Sage Resources Fund is as follows: "to invest primarily in securities conferring interests in industrial companies which are concerned with the business of mining or extracting, cultivating and reaping, cropping or felling, or otherwise exploiting primary natural resources and beneficiating, converting or otherwise turning the same to account. The fund can also invest from time to time in other securities such as gilts, debentures and cash."