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Manager's
Fact Sheet
Fund Profile
Manager's Commentary
Marriott Income Fund  |  South African-Multi Asset-Income
1.1309    +0.0004    (+0.035%)
NAV price (ZAR) Thu 19 Sep 2024 (change prev day)


 
Technical Details  
 

Formation Date (R)

15 Oct 1993

Fund Size (ZAR)

520 818 626

Domicile

South Africa

Reporting Currency

ZAR

JSE Code (R)

HLMI

ISIN (R)

ZAE000020178

Pricing

Daily

Number of unitholders

838

ASISA Category

SA-Multi Asset-Income

Benchmark

SA Interest Bearing Money Market Funds sector average

Income Distributions

-

Income Payment

-

Trustee

FirstRand Bank Limited

Management Company

Marriott Unit Trust Management Company Ltd.

Fund Management

Marriott Asset Management

Minimum Investment

R500

Minimum Top-Up

300

Minimum Monthly

R300

Risk Rating

Low-Medium

 
Fund Objective  
 
The Marriott Income Fund has as its primary objective to maximise income yield as well as achieve capital stability. To achieve this objective, the securities normally to be included in the portfolio will consist of fixed income securities, high yielding securities, non-equity securities and liquid assets. Nothing precludes the Manager from retaining cash in the portfolio or placing cash on deposits. Call rates provide the fund with a benchmark. Although the mandate does not prescribe it, the portfolio is managed in conformity with prudential investment guidelines.
 
Management  
 
Marriott Asset Management
All asset management decisions are made together with the Marriott Investment Committee using an income-focused approach to investing.
 
Fees and Costs - Class R
 
Initial Fee0.00%
Advisor Initial Feen/a
Annual Management Fee0.69%
Performance Fee-
Advisor Annual Feen/a
Trailer Fee-
Exit Fee-
TER (30/06)0.71%
TER Performance Fee0.00%
Transaction Costs Ratio0.03%
Total TER0.74%
 
Distribution - Class R
DeclaredPayAmountClassCurrency
31 Aug 20244 Sep 20240.827RZARc
31 Jul 20245 Aug 20240.831RZARc
30 Jun 20243 Jul 20240.827RZARc
31 May 20245 Jun 20240.849RZARc
30 Apr 20246 May 20240.819RZARc
31 Mar 20244 Apr 20240.830RZARc
29 Feb 20245 Mar 20240.775RZARc
31 Jan 20245 Feb 20240.812RZARc
31 Dec 20234 Jan 20240.822RZARc
30 Nov 20235 Dec 20230.839RZARc
 
Statutory Data
 
Management CompanyMarriott Unit Trust Management Company Ltd.
Registration Number1988/003359/07
DirectorsP de Beyer (Independent Non-Executive Director), D Elliott (Executive Director), G L Gobodo (Non-Executive Director), D Matthews (Executive Director), B Mchunu (Independent Non-Executive Director), D C Radley ((Chairperson) Independent Non-Executive Director)
TrusteeFirstRand Bank Limited
AuditorsDeloitte
Sponsors-
AdvisorsMarriott Asset Management (Pty) Ltd. (licensed financial services provider)
Physical Address2 Delamore Road Hillcrest 3610
Postal AddressPO Box 2099 Hillcrest 3650
Telephone031-765-0700
Tollfree0800-336-555
Fax031-765-0790
Emailinfo@marriott.co.za
Websitehttp://www.marriott.co.za

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