The Sesfikile Boutique Collective Investments Property Fund is a portfolio which aims to deliver both a high income yield as well as capital growth over the medium to long term. Our objective is to deliver total returns (consisting of income and capital) that outperform the FTSE/JSE Listed Property index ("SAPY Index") over a 3 to 5 year investment horizon. The fund is suitable for investors who are looking for a viable property component to a balanced portfolio; or alternatively an investor looking for a growing income stream, but is willing to be exposed to an element of capital volatility.

·Up to 20% of the value of the fund may be invested in other collective investment schemes. (Supplemental Trust Deed) ·The investment manager will also be allowed to invest in financial instruments as allowed by the Act from time to time in order to achieve its investment objective. (Supplemental Trust Deed) ·The Manager shall be permitted to invest on behalf of the Sesfikile Sanlam Collective Investments Property Fund in offshore investments as legislation permits. (Supplemental Trust Deed) ·Exposure to foreign assets will be limited to 25% + 5% Africa (ASISA Guidelines) ·The portfolio must maintain a minimum effective exposure to real estate securities of 50%. (ASISA Guidelines).