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Seed Income Fund  |  South African-Multi Asset-Income
Reg Compliant
1.0517    +0.0008    (+0.076%)
NAV price (ZAR) Mon 30 Jun 2025 (change prev day)


 
Technical Details  
 

Formation Date (A1)

22 Jun 2015

Fund Size (ZAR)

501 983 944

Domicile

South Africa

Reporting Currency

ZAR

JSE Code (A1)

SIFA1

ISIN (A1)

ZAE000206439

Pricing

Daily

Number of unitholders

0

ASISA Category

SA-Multi Asset-Income

Benchmark

SteFI Call + 1% p.a. net of fees

Income Distributions

31/03,30/09

Income Payment

-

Trustee

Nedbank

Management Company

Prescient Management Company Ltd. (PIM)

Fund Management

Ian de Lange, Mike Browne

Minimum Investment

R5 000

Minimum Top-Up

-

Minimum Monthly

R500

Risk Rating

Low

 
Fund Objective  
 
The Seed Income Fund is a Multi Asset Income Fund. As a multi-managed multi strategy Fund, Seed is responsible for tactical asset allocation and strategy selection, with the focus on blending strategies that deliver income in different environments. Manager selection is skewed towards owner managed investment firms with a consistent, repeatable process. The Fund aims to generate STEFI Call + 1% pa over rolling 1 year periods and avoid negative returns over any 6 month period. The Fund is Regulation 28 compliant and is therefore suitable for investments in retirement funds....Read more
 
Management  
 
Mike Browne (CFA)

Ian de Lange (CA (SA))
 
Fees and Costs - Class A1
 
Initial Fee0.00%
Advisor Initial Feen/a
Annual Management Fee1.15%
Performance Fee-
Advisor Annual Feen/a
Trailer Fee-
Exit Fee-
TER (31/03)1.28%
TER Performance Fee0.00%
Transaction Costs Ratio0.00%
Total TER1.28%
 
Distribution - Class A1
DeclaredPayAmountClassCurrency
31 Mar 20251 Apr 20253.460A1ZARc
30 Sep 20241 Oct 20245.610A1ZARc
31 Mar 20242 Apr 20244.180A1ZARc
30 Sep 20232 Oct 20234.610A1ZARc
31 Mar 20233 Apr 20233.520A1ZARc
30 Sep 20223 Oct 20222.910A1ZARc
31 Mar 20221 Apr 20222.570A1ZARc
30 Sep 20211 Oct 20212.510A1ZARc
31 Mar 20211 Apr 20212.330A1ZARc
30 Sep 20201 Oct 20202.790A1ZARc
 
Statutory Data
 
Management CompanyPrescient Management Company Ltd. (PIM)
Registration Number2002/022560/07
Directors-
TrusteeNedbank
AuditorsKPMG
SponsorsNedbank
AdvisorsNedbank
Physical AddressPrescient House, Westlake Business Park Otto Close Westlake 7945
Postal AddressPO Box 31142 Tokai South Africa 7966
Telephone+27-21-700-3600
Tollfree-
Fax+27-21-700-3700
Emailinfo@prescient.co.za
Websitehttp://www.prescient.co.za