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.

Foord International Feeder Fund

Investment Objective

To maximise return with minimum risk from a portfolio of international assets, including equities, fixed interest investments, commodities and cash. This is achieved through direct investment into the Foord International Trust, which aims to produce an annualised return over time in excess of 10% in US$, thereby expecting to outperform world equity indices, but with significantly lower variability of returns.

download fact sheet Invest

Investor Profile

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.

Performance history

Fund Characteristics

Benchmark

The total return of the rand equivalent of the MSCI World Equities Index (developed markets).

significant restrictions

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

Income Distributions

End-February and end-August each year.

Income Characteristics

Nominal income yield. The Foord International Trust is a roll-up fund and does not distribute income.

Portfolio Orientation

Invests entirely in an international portfolio of assets including equities, fixed interest securities, commodities and cash.

Foreign Assets

Investments in the Foord International Trust, a conservative flexible fund priced in US dollars and domiciled in Guernsey.

Risk of loss

Currency volatility means the risk of loss in the short term is high. In general, the risk of loss is higher than that of the Foord Balanced Fund but lower than the average foreign equity fund.

Time Horizon

Longer than 3 years

Suitable Investors

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.

Fee Structure

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 Trust.

Fund Manager

Dave Foord

Minimum Investment

R20 000 lump sum or R1 000 per month

Investment Services

Compare our funds

Selecting the fund that best suits your investment needs can be difficult. Use the tools on this page to compare two or more of the Foord unit trust funds. For further assistance, please call us on 021 531 5085.