Marriott Fund Research Tool


Technical Details

Formation Date (A)	18 Jan 2016
Fund Size (ZAR)	229 691 007
Domicile	South Africa
Reporting Currency	ZAR
JSE Code (A)	AARFA
ISIN (A)	ZAE000201885
Pricing	Daily
Number of unitholders	2
ASISA Category	SA-Multi Asset-Low Equity
Benchmark	CPI + 4% p.a.
Income Distributions	31/03,30/06,30/09,31/12
Income Payment	02/04,02/07,02/10,04/01
Trustee	0
Management Company	Argon Asset Management (Pty) Ltd.
Fund Management	Maitse Motsoane
Minimum Investment	R25 000
Minimum Top-Up	-
Minimum Monthly	R1 000
Risk Rating	Low-Medium


Technical Details

Formation Date (A)	18 Jan 2016
Fund Size (ZAR)	229 691 007
Domicile	South Africa
Reporting Currency	ZAR
JSE Code (A)	AARFA
ISIN (A)	ZAE000201885
Pricing	Daily
Number of unitholders	2
ASISA Category	SA-Multi Asset-Low Equity
Benchmark	CPI + 4% p.a.
Income Distributions	31/03,30/06,30/09,31/12
Income Payment	02/04,02/07,02/10,04/01
Trustee	0
Management Company	Argon Asset Management (Pty) Ltd.
Fund Management	Maitse Motsoane
Minimum Investment	R25 000
Minimum Top-Up	-
Minimum Monthly	R1 000
Risk Rating	Low-Medium

Fund Objective

The portfolio will be managed in compliance with prudential investment guidelines for retirement funds in South Africa to the extent allowed for by the Act. To provide a limited level of capital protection, the portfolio's equity exposure may be as high as 40% of the portfolio's net asset value. In order to achieve its objective, the investments normally to be included in the portfolio may comprise a combination of assets in liquid form, money market instruments, interest bearing securities, bonds, debentures, corporate debt, equity securities, property securities, preference shares, convertible equities and non-equity securities....Read more

Fund Objective

The portfolio will be managed in compliance with prudential investment guidelines for retirement funds in South Africa to the extent allowed for by the Act. To provide a limited level of capital protection, the portfolio's equity exposure may be as high as 40% of the portfolio's net asset value. In order to achieve its objective, the investments normally to be included in the portfolio may comprise a combination of assets in liquid form, money market instruments, interest bearing securities, bonds, debentures, corporate debt, equity securities, property securities, preference shares, convertible equities and non-equity securities....Read more


Management

Maitse Motsoane (BCom Honours Investment Management, BCom Financial Management Sciences) Maitse joined Argon Asset Management in December 2016 as part of the Graduate Trainee Programme as a Trainee Investment Analyst. He left as a Fixed Income Analyst to join Prescient Investment Management as a Multi Asset Class Portfolio Manager where he spent three years. He re-joined the Multi Asset Class Team at Argon in September 2021 and is currently the lead portfolio manager for the Absolute Return product range.


Management

Maitse Motsoane (BCom Honours Investment Management, BCom Financial Management Sciences) Maitse joined Argon Asset Management in December 2016 as part of the Graduate Trainee Programme as a Trainee Investment Analyst. He left as a Fixed Income Analyst to join Prescient Investment Management as a Multi Asset Class Portfolio Manager where he spent three years. He re-joined the Multi Asset Class Team at Argon in September 2021 and is currently the lead portfolio manager for the Absolute Return product range.

Fees and Costs - Class A

Initial Fee

0.00%

Advisor Initial Fee

n/a

Annual Management Fee

1.32%

Performance Fee

20% excess performance above CPI + 4% p.a, calculated over a 1 year rolling period, capped at a maximum of 1.32% p.a.

Advisor Annual Fee

n/a

Trailer Fee

-

Exit Fee

-

TER (31/03)

2.01%

TER Performance Fee

0.63%

Transaction Costs Ratio

0.12%

Total TER

2.13%