Marriott Fund Research Tool


Technical Details

Formation Date (A)	1 Jan 2009
Fund Size (ZAR)	27 573 737 761
Domicile	South Africa
Reporting Currency	ZAR
JSE Code (A)	ASSIFA
ISIN (A)	ZAE000127759
Pricing	Daily
Number of unitholders	0
ASISA Category	SA-Interest Bearing-Short Term
Benchmark	STeFI Composite Index over a rolling 12 month period
Income Distributions	-
Income Payment	-
Trustee	Standard Bank of South Africa
Management Company	Ashburton Management Company (RF) (Pty) Ltd.
Fund Management	Ashburton Asset Management (Pty) Ltd
Minimum Investment	R0
Minimum Top-Up	-
Minimum Monthly	no minimum
Risk Rating	Low


Technical Details

Formation Date (A)	1 Jan 2009
Fund Size (ZAR)	27 573 737 761
Domicile	South Africa
Reporting Currency	ZAR
JSE Code (A)	ASSIFA
ISIN (A)	ZAE000127759
Pricing	Daily
Number of unitholders	0
ASISA Category	SA-Interest Bearing-Short Term
Benchmark	STeFI Composite Index over a rolling 12 month period
Income Distributions	-
Income Payment	-
Trustee	Standard Bank of South Africa
Management Company	Ashburton Management Company (RF) (Pty) Ltd.
Fund Management	Ashburton Asset Management (Pty) Ltd
Minimum Investment	R0
Minimum Top-Up	-
Minimum Monthly	no minimum
Risk Rating	Low

Fund Objective

The Ashburton Stable Income Fund is an actively managed cash fund which is designed to deliver returns that are higher than that of a traditional money market unit trust fund. This fund differs from a money market fund due to the fact that the investment manager is able to invest in income generating instruments with a longer maturity than that of a traditional money market fund. The Fund will comply with regulations governing retirement funds.The investment objective of the portfolio is to maximise the current level of income within the restrictions set out in the investment policy, while providing high stability of capital....Read more

Fund Objective

The Ashburton Stable Income Fund is an actively managed cash fund which is designed to deliver returns that are higher than that of a traditional money market unit trust fund. This fund differs from a money market fund due to the fact that the investment manager is able to invest in income generating instruments with a longer maturity than that of a traditional money market fund. The Fund will comply with regulations governing retirement funds.The investment objective of the portfolio is to maximise the current level of income within the restrictions set out in the investment policy, while providing high stability of capital....Read more


Management

Ashburton Asset Management (Pty) Ltd


Management

Ashburton Asset Management (Pty) Ltd


Fees and Costs - Class A

Initial Fee	0.00%
Advisor Initial Fee	n/a
Annual Management Fee	0.5175%
Performance Fee	-
Advisor Annual Fee	n/a
Trailer Fee	-
Exit Fee	-
TER (30/06)	0.51%
TER Performance Fee	0.00%
Transaction Costs Ratio	0.00%
Total TER	0.51%


Fees and Costs - Class A

Initial Fee	0.00%
Advisor Initial Fee	n/a
Annual Management Fee	0.5175%
Performance Fee	-
Advisor Annual Fee	n/a
Trailer Fee	-
Exit Fee	-
TER (30/06)	0.51%
TER Performance Fee	0.00%
Transaction Costs Ratio	0.00%
Total TER	0.51%


Statutory Data

Management Company	Ashburton Management Company (RF) (Pty) Ltd.
Registration Number	1996/002547/07
Directors	GL Carter, B C Grobler, C Low (Company Secretary), V Nedeljkovic, M Ramplin (Chairman), S Yates (Independent director)
Trustee	Standard Bank of South Africa
Auditors	PWC and Deloitte
Sponsors	-
Advisors	Ashburton Fund Managers (Pty) Ltd.
Physical Address	4 Merchant Place, 1 Fredman Drive Sandton Johannesburg 2196
Postal Address	PO Box 653780 Benmore 2010
Telephone	011-282-8800
Tollfree	-
Fax	011-384-3939
Email	ashburtonquery@investoradmin.co.za
Website	http://www.ashburtoninvestments.com


Statutory Data

Management Company	Ashburton Management Company (RF) (Pty) Ltd.
Registration Number	1996/002547/07
Directors	GL Carter, B C Grobler, C Low (Company Secretary), V Nedeljkovic, M Ramplin (Chairman), S Yates (Independent director)
Trustee	Standard Bank of South Africa
Auditors	PWC and Deloitte
Sponsors	-
Advisors	Ashburton Fund Managers (Pty) Ltd.
Physical Address	4 Merchant Place, 1 Fredman Drive Sandton Johannesburg 2196
Postal Address	PO Box 653780 Benmore 2010
Telephone	011-282-8800
Tollfree	-
Fax	011-384-3939
Email	ashburtonquery@investoradmin.co.za
Website	http://www.ashburtoninvestments.com

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