Marriott Income Fund   

Fund Objective

The Marriott Income Fund has as its primary objective to maximise income yield as well as achieve capital stability. To achieve this objective, the securities normally to be included in the portfolio will consist of fixed income securities, high yielding securities, non-equity securities and liquid assets. Nothing precludes the Manager from retaining cash in the portfolio or placing cash on deposits. Call rates provide the fund with a benchmark. Although the mandate does not prescribe it, the portfolio is managed in conformity with prudential investment guidelines.

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 15 October 1993
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 3 to 4 working days after declaration
Risk Category Moderately Conservative
(risk category)

Fund Limits and Constraints

The fund will hold a minimum of 50% cash.

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 0.6%

For more details on the fees and charges, please refer to the Terms and Conditions and the Factsheet.