Marriott Property Income Fund   

Fund Objective

The Marriott Property Income Fund has as its primary objective long term growth in dividend (or rental) income and hence 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 of at least 85% of the market value of the portfolio.

How to access this Fund?

Speak to your Financial Advisor about investing with Marriott

Key Features

Currency ZAR
Fund Classification South African – Real Estate – General
Inception Date 1 February 2000
Unit Class A
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
(risk category)

Fund Limits and Constraints

The fund will restrict its investments to listed property and liquid assets. The fund may increase liquidity to 15% if it is deemed necessary by the Fund Manager.

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 1.0%

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