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The underlying fund will primarily invest in real estate securities listed on international stock exchanges and has a total return objective comprising both income return and capital appreciation. The fund has a medium to long term investment horizon. The fund is a rand denominated fund feeding into the Catalyst Global Real Estate Fund, which invests in Global real estate securities comprising of equity securities and fixed income securities, regulated real estate derivative securities, securities in listed entities that are backed by real estate property, as well as closed ended property companies that are involved in the developing, letting and managing of properties, and cash.In order to achieve the investment objective the securities normally to be included in the Catalyst Global Real Estate Fund (USD) will primarily consist of global real estate securities listed on international stock exchanges, comprising of equity securities and fixed income securities, regulated real estate derivative securities, securities in listed entities that are backed by real estate property, as well as closed ended property companies that are involved in the developing, letting and management of properties, and cash. Investments in foreign markets will be subject to any Exchange Control Regulations applicable in South Africa at the time.
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