Marriott High Income Fund of Funds   

Fund Objective

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.

How to access this Fund?

Speak to your Financial Advisor about investing with Marriott

Key Features

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
(risk category)

Fund Limits and Constraints

None, other than the Collective Investment Schemes Control Act.

Fees and Charges (excluding VAT)

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.