International Real Estate Feeder Fund

This is a rand-denominated portfolio offering access to the Marriott International Real Estate Fund without requiring the Investor to obtain permission from the South African Reserve Bank or the South African Revenue Service to transfer the funds offshore. The Investor will invest and disinvest Rands as opposed to foreign currency.

The Marriott International Real Estate Feeder Fund invests exclusively in the Marriott International Real Estate Fund. The fund is a class of shares in an open-ended investment company listed on the Irish Stock Exchange and is regulated by the Irish Financial Services Regulatory Authority.

Rand-denominated

Fund Objective

The Marriott International Real Estate Feeder Fund is a rand-denominated feeder fund that invests all its non-cash assets in the Marriott International Real Estate Fund. The objective and mandate of the Marriott International Real Estate Fund is to provide a high and growing income stream from a portfolio of internationally listed real estate securities as well as long-term capital growth. The investment universe for this fund is listed real estate securities on international stock markets. The fund benchmark is a yield comparable to the J P Morgan Global Bond Index Yield. The underlying fund is approved for sale in South Africa by the Financial Sector Conduct Authority (FSCA). The portfolio is valued and returns are measured in rands.

General Information

  • Currency

ZAR

  • Fund Classification

Global – Real Estate – General

  • Unit Class

A

  • Inception Date

3 October 2000

  • Minimum Initial Investment

R500

  • Minimum Additional Investment

R300

  • Minimum Debit Order

R300

  • Distribution Declaration Dates

31 March, 30 June, 30 September, 31 December

  • Distribution Payment Dates

3 to 4 working days after declaration

  • Risk Category

Moderately Aggressive

Fund Limits and Constraints

The fund is rand-denominated and invests in the Marriott International Real Estate Fund and liquid assets.

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

0%

How to access this fund

Speak to your Financial Advisor about investing with Marriott.

  • Direct with Marriott

Use our secure, paperless online investing option.

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  • Invest via select LISPs

See which platform this fund is offered on.

LISP Access
1% is levied at the underlying fund level.
Local Offshore

Local Investments

What do you want to do?

Minimum investment

Product

Grow your wealth but have access to it when you need it.

R500 lump sum and/or R300 debit order

Unit Trusts

Draw an income from your retirement savings.

R50,000

Living Annuity

Draw an income from your personal wealth savings.

R50,000

Income Solution

Save for retirement in a tax efficient way.

R10,000 lump sum and/or R300 debit order

Retirement Annuity

Transfer your retirement savings when changing employment.

R50,000

Preservation Fund

Offshore Investments

What do you want to do?

Minimum investment

Product

Invest in an offshore share portfolio.

£25,000

International Share Portfolio (GBP)

Invest in a direct UK real estate Fund.

£10,000

First World Hybrid Real Estate plc (GBP)

Invest in offshore high-income portfolios.

£25,000 or $30,000

Smart International Income Portfolio

Invest in a offshore diversified equity Portfolio.

£25,000 or $30,000

Smart International Equity Portfolio

Invest in offshore unit trusts.

£1,000 or $1,000

Unit Trusts (USD and/or GBP)

Invest in global unit trusts.

R500 lump sum and/or R300 debit order

Unit Trust Feeder Funds (ZAR)

Preservation Fund

Where

Minimum investment

Product

I am transferring from a ...

R50,000

Pension Fund

I am transferring from a ...

R50,000

Provident Fund