Important Note ZAR

In calculating the current value of your investment, we have applied the long-term equity carve-out returns of Foord Asset Management's Global Balanced composite from 1 January 1990 to 31 August 2002. These returns are gross of fees and taxes. Performance from 1 September 2002 onwards is that of the Foord Equity Fund and is net of investment management fees but gross of any taxes. Past performance is no guarantee of future performance. Foord Asset Management and Foord Unit Trusts Limited disclaims any liability for any loss, liability, or damages (whether direct or consequential) of any nature whatsoever that may be suffered as a result of, or which may be attributable, directly or indirectly, to the use of or reliance upon the information provided.

Important Note USD

In calculating the current value of your investment, we have applied the long-term returns of the Foord International Trust. These returns are calculated from net of fees. Past performance is no guarantee of future performance. Foord Asset Management (Guernsey) Limited disclaims any liability for any loss, liability, or damages (whether direct or consequential) of any nature whatsoever that may be suffered as a result of, or which may be attributable, directly or indirectly, to the use of or reliance upon the information provided.

Global Developed Markets – Best Investment View

Composite Characteristics

These dollar denominated mandates provide exposure to a portfolio of international securities including equities, fixed interest investments, commodities and cash. The asset allocation policy is flexible, although over the long term an equity bias is maintained.

Investment objectives

To produce an annualised return excess of 10% per annum in US dollars over rolling five-year periods – thereby expecting to outperform world equity indices.

Specific Restrictions

100% offshore exposure. South African investors must ensure compliance with the requisite tax and exchange control requirements before making a direct investment into these portfolios.

Differentiating Features

Notwithstanding the flexible asset allocation policy, the fund outperforms world equity markets with lower volatility and a lower risk of loss (as measured by maximum drawdowns). The graph below, showing the maximum cumulative drawdown over five-year periods for the Foord International Trust and the MSCI World Equities Index benchmark, demonstrates how the prevention of the loss of capital is paramount. Furthermore, showing that such risk reduction needn’t be at the expense of return, the cumulative outperformance of the fund against its benchmark is also shown for each of the five-year periods.

Availability

Minimum segregated account size: Not available as a segregated mandate
Pooled funds: Foord International Trust unit trust (direct dollar investments), alternatively Foord International Feeder Fund unit trust (SA rand investments).

Historic Investment Returns

The investment return information reflected below in US Dollars is in respect of the Foord International Trust, which commenced on 17 March 1997.

* Total return of the MSCI World Equities Index (developed markets)

Contact us

For more information on Foord’s capabilities or to enquire about Foord’s product range please contact:

William Fraser
021 532 6935
william.fraser@foord.co.za

Mike Soekoe
021 532 6906
mike.soekoe@foord.co.za

Paul Cluer
021 532 6925
paul.cluer@foord.co.za

Investment Returns

Overview