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Merchant West SCI Global Equity Feeder Fund  |  Global-Equity-General
1.8758    -0.0055    (-0.292%)
NAV price (ZAR) Fri 4 Oct 2024 (change prev day)


 
Technical Details  
 

Formation Date (B)

10 Dec 2015

Fund Size (ZAR)

423 847 956

Domicile

South Africa

Reporting Currency

ZAR

JSE Code (B)

CMGFB

ISIN (B)

ZAE000212395

Pricing

Daily

Number of unitholders

1

ASISA Category

Gbl-Equity-General

Benchmark

MSCI World Index

Income Distributions

30/06,31/12

Income Payment

-

Trustee

0

Management Company

Sanlam Collective Investments

Fund Management

Andrew Dowse, Raymond Shapiro

Minimum Investment

R5 000

Minimum Top-Up

-

Minimum Monthly

R500

Risk Rating

High

 
Fund Objective  
 
The portfolio will apart from assets in liquid form, invest solely in the participatory interests of the Counterpoint Global Equity Fund established under the Sanlam Global Funds PLC scheme. This portfolio invests in participatory interests of underlying portfolios that provide exposure to investments across a broad range of asset classes, currencies and market sectors, operated in territories with a regulatory environment which is to the satisfaction of the Manager and Trustee of a sufficient standard to provide investor protection at least equivalent to that in South Africa.
 
Management  
 
Andrew Dowse (Bcom (Hons))
Andrew joined Grindrod Asset Management in early 2013 and is currently a Portfolio Manager. Andrew has worked as a Product Development Analyst at Symmetry within the Old Mutual Group and then in the offshore hedge fund division at Maitland. Prior to joining Grindrod Asset Management, Andrew worked at Insinger de Beaufort BNP Paribas, a boutique asset manager and family wealth office. The company’s head office is in Amsterdam and the parent company BNP Paribas is based in Paris. As a member of the investment committee Andrew was responsible for global fund research, analysing all investment products including the more exotic asset classes of hedge funds and structured products. He was also responsible for much of the reporting and analysis of client portfolios including attribution reports and compliance with GIPS reporting standards. He also traded and balanced all offshore and local private client investment mandates and was actively involved in the management of the South African Fund of Funds within the firm.

Raymond Shapiro
Raymond started his career at The Standard Bank Group, completing his articles under their TOPP programme, and specialising in financial management. In 2007 he joined Melville Douglas Investment Management as an equity analyst, later also becoming a portfolio manager in both domestic and global portfolio management. Raymond joined Counterpoint Asset Management in 2014, where he is the Head of Quality and portfolio manager of both domestic and global equities.
 
Fees and Costs - Class B
 
Initial Fee3.00%
Advisor Initial Feen/a
Annual Management Fee0.12%
Performance Fee-
Advisor Annual Feen/a
Trailer Fee-
Exit Fee-
TER (30/06)1.59%
TER Performance Fee0.00%
Transaction Costs Ratio0.08%
Total TER1.67%
 
Distribution - Class B
DeclaredPayAmountClassCurrency
30 Jun 20241 Jul 20240.000BZARc
31 Dec 20232 Jan 20240.000BZARc
30 Jun 20233 Jul 20230.000BZARc
31 Dec 20223 Jan 20230.000BZARc
30 Jun 20221 Jul 20220.000BZARc
31 Dec 20213 Jan 20220.000BZARc
30 Jun 20211 Jul 20210.000BZARc
31 Dec 20204 Jan 20210.000BZARc
30 Jun 20201 Jul 20200.000BZARc
31 Dec 20192 Jan 20200.000BZARc
 
Statutory Data
 
Management CompanySanlam Collective Investments
Registration Number1967/002865/07
Directors-
Trustee-
AuditorsErnst & Young Inc. and KPMG Inc.
Sponsors-
Advisors-
Physical AddressSanlam Head Office 2 Strand Road Bellville 7530
Postal AddressPO Box 1 Sanlamhof 7532
Telephone021-947-9111
Tollfree-
Fax021-947-9111
Email-
Websitehttp://https://www.sanlam.co.za