The Marriott Property Equity Fund has as its primary objective an acceptable dividend yield combined with long-term growth of income and capital. To achieve this objective, apart from liquid assets, securities normally to be included in the portfolio will be financially sound listed property shares, collective investment schemes in property and property loan stock. The portfolio will consist of a carefully selected spread of prime listed commercial and industrial property securities up to a maximum ratio of 85% and a minimum of 50%.
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| Currency | ZAR |
| Fund Classification | South African – Multi Asset – Flexible |
| Inception Date | 2 September 1996 |
| Unit Class | R |
| 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 | Moderate |
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The fund will restrict its investments to listed property and liquid assets. The fund may increase liquidity to 50% if it is deemed necessary by the Fund Manager.
| Advisor Initial Fee | maximum 3.0% |
| Advisor Annual Fee | maximum 0.5% |
| Marriott Initial Fee | 0% |
| Marriott Annual Management Fee | 1.0% |
For more details on the fees and charges, please refer to the Terms and Conditions.
