Marriott Fund Research Tool


Technical Details

Formation Date (A)	25 Oct 2007
Fund Size (ZAR)	142 773 068
Domicile	South Africa
Reporting Currency	ZAR
JSE Code (A)	MSCS
ISIN (A)	ZAE000103842
Pricing	Daily
Number of unitholders	45
ASISA Category	SA-Multi Asset-Low Equity
Benchmark	CPI plus 3% pa
Income Distributions	31/03,30/06,30/09,31/12
Income Payment	02/04,02/07,02/10,03/01
Trustee	The Standard Bank of South Africa
Management Company	Fundrock Collective Investments (RF) (Pty) Ltd.
Fund Management	Mark Thompson, Ursula Maritz
Minimum Investment	R0
Minimum Top-Up	-
Minimum Monthly	no minimum
Risk Rating	Low-Medium


Technical Details

Formation Date (A)	25 Oct 2007
Fund Size (ZAR)	142 773 068
Domicile	South Africa
Reporting Currency	ZAR
JSE Code (A)	MSCS
ISIN (A)	ZAE000103842
Pricing	Daily
Number of unitholders	45
ASISA Category	SA-Multi Asset-Low Equity
Benchmark	CPI plus 3% pa
Income Distributions	31/03,30/06,30/09,31/12
Income Payment	02/04,02/07,02/10,03/01
Trustee	The Standard Bank of South Africa
Management Company	Fundrock Collective Investments (RF) (Pty) Ltd.
Fund Management	Mark Thompson, Ursula Maritz
Minimum Investment	R0
Minimum Top-Up	-
Minimum Monthly	no minimum
Risk Rating	Low-Medium

Fund Objective

The Fund is actively managed with a value bias. By focusing on macro themes, the Fund looks to exploit valuation discrepancies in asset classes. The allocation to equities will range from 0% to 40%, depending on economic conditions with a neutral weighting of 20%. The allocation to assets other than equities, aims to reduce the risk of capital loss in the portfolio.

Fund Objective

The Fund is actively managed with a value bias. By focusing on macro themes, the Fund looks to exploit valuation discrepancies in asset classes. The allocation to equities will range from 0% to 40%, depending on economic conditions with a neutral weighting of 20%. The allocation to assets other than equities, aims to reduce the risk of capital loss in the portfolio.


Management

Ursula Maritz (BA (Hons Econ)) Started as an economist at OMAM. Fund management experience across institutional and retail mandates. After 15 years at OMAM joined Foord Asset Management as a fixed income fund manager. Global multi-management experience with Mercer (New Zealand) as an asset consultant. Joined SMMI in 2005 with responsibility for SA asset allocation process, fund manager research and fund management of wrap funds and unit trusts with 18 years investment experience. Mark Thompson


Management

Ursula Maritz (BA (Hons Econ)) Started as an economist at OMAM. Fund management experience across institutional and retail mandates. After 15 years at OMAM joined Foord Asset Management as a fixed income fund manager. Global multi-management experience with Mercer (New Zealand) as an asset consultant. Joined SMMI in 2005 with responsibility for SA asset allocation process, fund manager research and fund management of wrap funds and unit trusts with 18 years investment experience. Mark Thompson

Fees and Costs - Class A

Initial Fee

0.00%

Advisor Initial Fee

n/a

Annual Management Fee

0.86%

Performance Fee

15% (share rate) of out performance above the portfolio benchmark (hurdle rate), capped at 0.75% p.a over a 2 year rolling period.

Advisor Annual Fee

n/a

Trailer Fee

-

Exit Fee

-

TER (31/03)

1.62%

TER Performance Fee

0.00%

Transaction Costs Ratio

0.12%

Total TER

1.74%

Fees and Costs - Class A

Initial Fee

0.00%

Advisor Initial Fee

n/a

Annual Management Fee

0.86%

Performance Fee

15% (share rate) of out performance above the portfolio benchmark (hurdle rate), capped at 0.75% p.a over a 2 year rolling period.

Advisor Annual Fee

n/a

Trailer Fee

-

Exit Fee

-

TER (31/03)

1.62%

TER Performance Fee

0.00%

Transaction Costs Ratio

0.12%

Total TER

1.74%


Statutory Data

Management Company	Fundrock Collective Investments (RF) (Pty) Ltd.
Registration Number	2003/024082/07
Directors	D Gill, D D Roodt, H Weidhase
Trustee	The Standard Bank of South Africa
Auditors	Deloitte
Sponsors	-
Advisors	-
Physical Address	81 Dely Street Hazelwood Pretoria 0081
Postal Address	81 Dely Street Hazelwood Pretoria 0
Telephone	021-007-1500
Tollfree	-
Fax	086-502-5319
Email	clientservices@bcis.co.za
Website	http://www.bcis.co.za


Statutory Data

Management Company	Fundrock Collective Investments (RF) (Pty) Ltd.
Registration Number	2003/024082/07
Directors	D Gill, D D Roodt, H Weidhase
Trustee	The Standard Bank of South Africa
Auditors	Deloitte
Sponsors	-
Advisors	-
Physical Address	81 Dely Street Hazelwood Pretoria 0081
Postal Address	81 Dely Street Hazelwood Pretoria 0
Telephone	021-007-1500
Tollfree	-
Fax	086-502-5319
Email	clientservices@bcis.co.za
Website	http://www.bcis.co.za

Your Email Address
Recipient's Email Address
Message for Recipient	Attached is a PDF from Marriott.