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Manager's
Fact Sheet
Fund Profile
Manager's Commentary
Marriott Global Income Fund  |  Global-Interest Bearing-Short Term
5.8660    +0.0126    (+0.215%)
NAV price (ZAR) Fri 4 Oct 2024 (change prev day)


 
Technical Details  
 

Formation Date (A)

22 Feb 1999

Fund Size (ZAR)

98 307 718

Domicile

South Africa

Reporting Currency

ZAR

JSE Code (A)

MGIF

ISIN (A)

ZAE000020392

Pricing

Daily

Number of unitholders

48

ASISA Category

Gbl-Interest Bearing-Short Term

Benchmark

US Dollar Libor Overnight

Income Distributions

31/03,30/06,30/09,31/12

Income Payment

03/04,07/03,10/03,01/03

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

 
Fund Objective  
 
The Marriott Global Income Fund has as its primary objective maintenance of a high level of income, whilst maintaining capital stability in US Dollars. To achieve this, the fund will invest in high yielding listed securities, non-equity securities and other fixed-income securities, as well as assets in liquid form. The benchmark is the US Dollar Libor Overnight Rate. The asset manager shall strive to maintain at least an 85% holding of offshore investments on average.
 
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 A
 
Initial Fee0.00%
Advisor Initial Feen/a
Annual Management Fee0.69%
Performance Fee-
Advisor Annual Feen/a
Trailer Fee-
Exit Fee-
TER (30/06)0.81%
TER Performance Fee0.00%
Transaction Costs Ratio0.00%
Total TER0.81%
 
Distribution - Class A
DeclaredPayAmountClassCurrency
30 Sep 20243 Oct 20244.568AZARc
30 Jun 20243 Jul 20244.616AZARc
31 Mar 20244 Apr 20244.867AZARc
31 Dec 20234 Jan 20244.647AZARc
30 Sep 20234 Oct 20234.427AZARc
30 Jun 20235 Jul 20234.616AZARc
31 Mar 20235 Apr 20234.333AZARc
31 Dec 20225 Jan 20233.182AZARc
30 Sep 20225 Oct 20222.641AZARc
30 Jun 20225 Jul 20221.051AZARc
 
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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