Compare Our Funds

Foord Equity Fund

equity

The fund aims to earn a higher total rate of return than that of the South African equity market, as represented by the return of the FTSE/JSE All Share Index including income, with less than market risk.

Investors who require long-term capital growth and who are able to withstand investment volatility in the short to medium term.

The total return of the FTSE/JSE All Share Index.

SA equity exposure between 80% and 100% with the balance invested in cash.

End-February and end-August each year.

Low gross yield, similar to FTSE/JSE All Share Index dividend yield. The income yield is affected by the level of performance fees accrued.

A portfolio of quality JSE shares that present compelling long-term investment value.

High in periods shorter than one year. Lower in periods greater than three years.

N/A

Investors who require long-term capital growth and who are able to withstand Investment volatility in the short to medium term but who do not require a high income yield.

No initial fees are levied. The annual management fee is a performance fee with the daily charge rate adjusted up or down based on the fund’s one-year rolling return relative to that of its benchmark. The fee at benchmark is 1.0% plus VAT, the performance fee sharing ratio is 15% and a minimum fee of 0.5% plus VAT applies.

R50 000 lump sum or R1 000 per month

Longer than 5 years

384 397 377

Foord Flexible Fund

flexible

The fund seeks to provide investors with a net-of-fee return of 5% per annum above the annual change in the South African Consumer Price Index, measured over rolling three-year periods. It aims to achieve this objective by exploiting the benefits of global diversification in a portfolio that continually reflects Foord Asset Management’s prevailing view on all available asset classes, both in South Africa and abroad.

Investors with a moderate risk profile who require long-term inflation-beating total returns from a dynamically managed multi-asset class portfolio. It is appropriate for investors seeking a balanced exposure to domestic and foreign assets, according to Foord’s best investment view.

The annual change in the SA Consumer Price Index (CPI) plus 5%.

None. The fund is unconstrained.

End-February and end-August each year.

Low to medium income yield depending on the asset allocation strategy employed as the foreign asset component is invested in a roll-up funds that do not distribute income. The income yield is affected by the level of performance fees accrued.

Exploiting the benefits of global diversification, the portfolio continually reflects Foord’s prevailing best investment view on all available asset classes in South Africa and around the world.

Lower than that of a pure equity fund. High in periods shorter than six months, lower in periods greater than one year.

Foreign asset exposure is obtained via the Foord International Fund (FIF) and Foord Global Equity Fund Luxembourg (FGEFL), sub-funds of Foord SICAV domiciled in Luxembourg. FIF is a conservative, multi-asset class fund while FGEFL comprises a portfolio of global shares and cash. Both funds are priced in US dollars.

Investors with a moderate risk profile who require long-term inflation-beating total returns from a dynamically managed multi-asset portfolio. The fund is appropriate for investors who seek a balanced exposure to domestic and foreign assets, according to Foord’s best investment view.

No initial fees are levied. The annual management fee is a performance fee with the daily charge rate adjusted according to the fund’s performance relative to that of its benchmark. The performance fee is calculated and accrued daily based on the relative return for the preceding day. The fee at benchmark is 1.0% plus VAT, the performance fee sharing ratio is 10% and a minimum fee of 0.5% plus VAT applies.

R50 000 lump sum or R1 000 per month

Longer than 3 years

382

Foord International Feeder Fund

trust

To achieve long-term inflation-beating US$ returns over rolling five-year periods by way of investment in listed securities on global exchanges – including equities, exchange traded funds, UCITS and other UCIs, convertible bonds, interest-bearing securities and warrants as well as cash deposits. This is accomplished by direct investment into the Foord International Fund, a master fund domiciled in Luxembourg.

Investors who require diversification through offshore investment – with exposures to currencies, markets and securities not available in South Africa; who seek a hedge against ZAR currency depreciation; or who have utilised their maximum personal offshore exchange control allowance.

The rand equivalent of the US Headline Consumer Price Index.

The portfolio may only invest in cash and one other collective investment scheme.

End-February and end-August each year.

Marginal to zero income yield as the Foord International Fund (FIF) is a roll-up fund and does not distribute income.

Fully invested in Foord International Fund (FIF), sub-fund of Foord SICAV, allowing South African investors to diversify investment risk and hedge against ZAR depreciation.

High in periods less than one year. The rand/dollar exchange rate adds volatility over the short term.

Invests in the Foord International Fund (FIF), sub-fund of Foord SICAV, a conservative multi-asset class fund priced in US dollars and domiciled in Luxembourg.

Investors who require diversification through offshore investment – with exposures to currencies, markets and securities not available in South Africa. Investors who seek a hedge against rand depreciation. Investors who have utilised their maximum personal offshore exchange control allowance.

No initial fees are levied. The standard charge rate is a fixed fee of 0.35% plus VAT. A 1.35% annual fee is levied in the Foord International Fund.

R50 000 lump sum or R1 000 per month

Longer than 3 years

382

Foord Balanced Fund

balanced

The fund aims to achieve the steady growth of income and capital as well as the preservation of real capital (capital as adjusted for inflation). The portfolio is managed to comply with the statutory investment limits set for retirement funds in South Africa (Regulation 28).

Investors whose risk tolerance is below that of a pure equity fund investor and those who require the asset allocation decision to be made for them, within prudential guidelines. Because the fund complies with Regulation 28, it is ideally suited to being a substantial component of any retirement savings portfolio and is especially suitable for retirement funds, pension fund members and holders of contractual savings products.

The market value weighted average return of the South African - Multi Asset - High Equity unit trust sector, excluding Foord Balanced Fund.

Maximum equity exposure of 75%; maximum offshore exposure of 25%; complies with pension fund investment regulations (Regulation 28).

End-February and end-August each year.

Medium yield, approximately double that of a general equity fund. The income yield is affected by the level of performance fees accrued.

Typically a medium to high weighting in JSE shares and includes exposure to listed property securities, bonds, money market instruments and foreign assets.

Lower than that of a pure equity fund. High in periods shorter than six months, lower in periods greater than one year.

Foreign asset exposure is obtained via the Foord International Fund (FIF) and Foord Global Equity Fund Luxembourg (FGEFL), sub-funds of Foord SICAV domiciled in Luxembourg and Foord Global Equity Fund (FGEF) domiciled in Singapore. FIF is a conservative, multi-asset class fund. FGEFL and FGEF comprise portfolios of global shares and cash. All funds are priced in US dollars.

Designed to comply with the limits imposed by Regulation 28 to the Pension Funds Act, the Foord Balanced Fund is suitable for pension funds, pension fund members, holders of contractual savings products such as retirement annuities and medium- to long-term investors saving for retirement.

No initial fees are levied. The annual management fee is a performance fee with the daily charge rate adjusted up or down based on the fund’s one year rolling return relative to that of its benchmark. The fee at benchmark is 1.0% plus VAT, the performance fee sharing ratio is 10% and a minimum fee of 0.5% plus VAT applies.

R50 000 lump sum or R1 000 per month

Longer than 3 years

382 384 2409

Foord Conservative Fund

balanced

The fund aims to achieve net-of-fee returns in excess of CPI + 4% over rolling three-year periods, while emphasising capital preservation over the short term. The portfolio is managed to comply with the statutory investment limits set for retirement funds in South Africa (Regulation 28).

Given the fund's maximum 60% equity investment restriction, the fund is appropriate for conservative investors who are close to, or typically in, retirement and whose time horizon does not exceed five years. These investors may therefore seek lower levels of investment volatility and risk of short-term loss than those provided by a less conservative balanced fund.

The annual change in the SA Consumer Price Index (CPI) plus 4%

Maximum equity exposure of 60%; maximum offshore exposure of 25%; complies with pension fund investment regulations (Regulation 28).

End-February and end-August each year.

Typically more than double that of the FTSE/JSE All Share Index dividend yield. The income yield is affected by the level of performance fees accrued.

Typically a medium to low weighting in JSE shares and includes exposure to listed property securities, bonds, money market instruments and foreign assets as permitted by prudential investment regulations.

Medium in periods shorter than six months. Low in periods greater than one year.

Foreign asset exposure is obtained via the Foord International Fund (FIF) and Foord Global Equity Fund (FGEF). FIF is a conservative, multi-asset class fund domiciled in Luxembourg, while FGEF comprises a portfolio of global shares and cash and is domiciled in Singapore. Both funds are priced in US dollars.

Pension funds, pension fund members, holders of contractual savings products, medium-term investors and those investors who require the asset allocation decision to be made for them, within prudential investment guidelines. The portfolio would be appropriate for conservative investors that are close to, or typically in, retirement and whose time horizon does not exceed five years.

No initial fees are levied. The annual management fee is a performance fee with the daily charge rate adjusted up or down based on the fund’s one year rolling return relative to that of its benchmark. The fee at benchmark is 1.0% plus VAT, the performance fee sharing ratio is 10% (over- and under- performance) plus VAT. A minimum fee of 0.5% plus VAT applies. No fees are charged when the annual net-of-fee return on the fund falls below zero.

R50 000 lump sum or R1 000 per month

Shorter than 5 years

384 2409

Foord Global Equity Feeder Fund

global-equity-fund

To provide investors with exposure to a diversified mix of global equity and equity-related securities constructed for the purpose of maximising return with minimum risk. This is achieved through direct investment in Foord Global Equity Fund which aims to produce an annualised return in excess of world equity indices. South African investors are able to diversify their portfolios offshore and to hedge against Rand depreciation.

Investors who require diversification of foreign equities not available in South Africa; or who seek a hedge against ZAR currency depreciation; or who have utilised their maximum personal offshore exchange control allowance.

The rand equivalent of MSCI All Country World Total Return Index.

The portfolio may only invest in cash and one other collective investment scheme.

End-February and end-August each year.

Marginal to zero income yield as the Foord Global Equity Fund is a roll-up fund and does not distribute income.

Fully invested in Foord Global Equity Fund (FGEF), allowing South African investors to diversify investment risk and hedge against ZAR depreciation.

High in periods less than one year. The rand/dollar exchange rate adds volatility over the short term.

Invests in Foord Global Equity Fund (FGEF), a fund invested primarily in a diversified portfolio of global equities and cash, priced in US dollars and domiciled in Singapore.

Investors who require exposure to a diversified portfolio of foreign equities not available in South Africa. Investors who seek a hedge against rand depreciation. Investors who have utilised their maximum personal offshore exchange control allowance.

No initial fees are levied. The standard charge rate is 0.35% plus VAT. A 0.85% fixed annual fee plus 15% performance sharing fee is charged in Foord Global Equity Fund

R50 000 lump sum or R1 000 per month

Longer than 3 years

382 19272 19907 1437 397

Foord International Trust

international-trust

A USD-priced fund domiciled in Guernsey, the Foord International Trust aims to achieve long-term inflation-beating US dollar returns over rolling five-year periods through investing exclusively in Class A shares of Foord International Fund (the "Master Fund"), a sub-fund of Foord SICAV. The Master Fund invests in listed securities on global exchanges— including equities, exchange traded funds, UCITS and other UCIs, convertible bonds, interest-bearing securities and warrants as well as cash deposits.

Investors requiring exposure to a balanced but conservatively managed portfolio of international securities, including equities, exchange traded funds, UCITS and other UCIs, convertible bonds, interest-bearing securities and warrants as well as cash deposits.

To achieve long-term inflation-beating US dollar returns over rolling five-year periods

Please refer to the Scheme Particulars.

The fund only issues accumulation units; income is reinvested in the portfolio.

The fund only issues accumulation units, with income being reinvested in the portfolio.

The portfolio has a flexible asset allocation policy. The Investment Manager will allocate assets across these asset classes in a fully flexible manner in variable weightings as appropriate to achieve the investment objective.

Currency volatility means the short-term risk of loss in currencies other than the base currency (US dollar) is high. Measured in US dollars, the risk of loss over six months is high, but lower in periods greater than one year.

The portfolio is mostly invested in listed securities on global exchanges— including equities, exchange traded funds, UCITS and other UCIs, convertible bonds, interest-bearing securities and warrants as well as cash deposits.

Investors requiring exposure to a balanced but conservatively managed portfolio of international securities, including equities, exchange traded funds, UCITS and other UCIs, convertible bonds, interest-bearing securities and warrants as well as cash deposits.

No initial fees and redemption fees are levied. A fixed annual fee of 1.35% is levied in Foord International Fund.

Longer than 3 years

382 19272