The Marriott High Income Fund of Funds has, as its primary objective, a high income yield combined with the protection of the value of capital invested over the long term. The secondary consideration is growth in income. The fund benchmark is a yield higher than the 5 year rolling average yield of the BEASSA ALBI 7-12 years split interest yield index. Investments normally to be included will be participatory interests (units) in portfolios of collective investment schemes registered in South Africa. Investments, apart from liquid assets, will be in fixed interest based portfolios, other income based portfolios, high yielding equity based portfolios and high yielding property equity based portfolios.
Speak to your Financial Advisor about investing with Marriott
| Currency | ZAR |
| Fund Classification | South African – Multi Asset – Income |
| Inception Date | 1 October 2001 |
| Unit Class | A |
| Minimum Initial Investment | R500 |
| Minimum Additional Investment | R300 |
| Minimum Debit Order | R300 |
| Distribution Declaration Dates | Last working day of the month |
| Distribution Payment Dates | 2 to 4 working days after declaration |
| Risk Category | Moderately Conservative |
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None, other than the Collective Investment Schemes Control Act.
| Advisor Initial Fee | maximum 3.0% |
| Advisor Annual Fee | maximum 0.5% |
| Marriott Initial Fee | 0% |
| Marriott Annual Management Fee: |
Class A: 1% Class C: 0.75% |
For more details on the fees and charges, please refer to the Terms and Conditions and the Factsheet.
