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 Trust

Investment Objective

A US dollar priced fund, the Foord International Trust aims to achieve maximum returns with minimum risk from a multi-asset class portfolio of international investments. The aim is to produce an annualised return in excess of 10% per annum over time in US dollars, thereby expecting to outperform world equity indices.

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Investor Profile

Conservative investors seeking exposure to a balanced but dynamically managed portfolio of international securities, including equities, fixed interest investments, commodities and cash.

Performance history

Fund Characteristics

Benchmark

MSCI World Equity Total Return Index (developed markets)

significant restrictions

No asset class restrictions
Maximum exposure to any one country in the G8 is 75% of the fund (or 100% in the case of the USA) while countries outside the G8 are limited to 50%
The fund may only borrow for the purposes of redemption and may not be geared.

Income Distributions

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

Income Characteristics

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

Portfolio Orientation

The portfolio has a flexible asset allocation policy and includes high quality securities encompassing different asset classes, markets and sectors, thereby reducing risk through diversification. The managers focus on undervalued securities in major markets, consistent with Foord Asset Management’s long-term investment approach in South African investments.

Foreign Assets

The portfolio is mostly invested in global markets, but is not precluded from holding South African investments.

Risk of loss

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.

Time Horizon

Longer than 3 years

Suitable Investors

Conservative investors seeking exposure to a balanced but dynamically managed portfolio of international securities, including equities, fixed interest investments, commodities and cash.

Fee Structure

No initial fees are levied. A redemption fee of 1% on units held for less than 12 months, zero thereafter. A fixed annual fee of 1.35% applies.

Fund Manager

Dave Foord

Minimum Investment

$10 000 lump sum or $1 000 subsequently

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.