General equity fund suitable for monthly investors with a reasonable knowledge of shares and the Johannesburg Stock Exchange.
It has a well-balanced portfolio of blue-chip shares which does not necessarily coincide exactly with those in the All Share Index.
The composition and weight of the sectors making up the All Share Index is, however, closely resembled. The aim is sustained long-term growth in both capital and income.
A fully invested policy with a low percentage of liquid assets are consistently followed, which minimises the interest income and tax liability.
Formation date: 15-10-1965
Number of investors: 201 431 (12/95)
Liquid assets: 6,3%
Mining Houses & holdings 15,4%
Other mining 9,2%
Industrials 62,0%
Other Securities 7,1%
Number of holdings: 71
Top five holdings: SA Brews, Anglos, Richemont, Anamint, RMBH
Income declared: 30 June and 31 December
Income payment: Last Friday in July and January
Minimum lump-sum investment: R500
Minimum monthly investment: R50 (Back to Contents...)