A specialist equity unit trust aimed at investors with a good knowledge of the exchange rate, shares and companies deriving their main income from import and/or export.
The trust's portfolio concentrates on prime shares which show substantial growth potential.
It is aimed at utilising movements in the rand's exchange rate against other currencies by shifting the emphasis to either import- or export-orientated companies.
It has a maximum 5% exposure to foreign shares.
The potentially good returns carry a higher investment risk.
Formation date: February 1995
Number of investors: 12 992 (12/95)
Foreign Investments: 4,5%
Liquid assets: 6,2%
Mining Houses & holdings 16,7%
Other mining 9,2%
Industrials 63,4%
Number of holdings: 34
Top five holdings: Liberty, Safren, Corohold, De Beers, Sasol (Back to Contents...)
Income declared: 30 June and 31 December
Income payment: First Monday August and February
Minimum lump-sum investment: R1 000
Minimum monthly investment: R100 (Back to Contents...)