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Foord Flexible Fund Of Funds (0P00016L3T)

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42.866 +0.470    +1.11%
14/11 - Closed. Currency in ZAR
  • Morningstar Rating:
  • Total Assets: 9.36B
Type:  Fund
Market:  South Africa
Issuer:  Foord Unit Trusts
ISIN:  ZAE000203436 
Asset Class:  Equity
Foord Flexible Fund of Funds 42.866 +0.470 +1.11%

0P00016L3T Overview

 
On this page you'll find an in-depth profile of Foord Flexible Fund Of Funds. Learn about the key management, total assets, investment strategy and contact information of 0P00016L3T among other information.
Category

ZAR/NAD Flexible Allocation

Total Assets

9.36B

Expenses

1.56%

Inception Date

Aug 03, 2015

Investment Strategy

The portfolio will be a fund of funds portfolio with a flexible mandate. The objective of the portfolio is to provide investors with a net-of-fee return in excess of the annual change in the headline South African Consumer Price Index (CPI for all urban areas) over rolling one year periods. The assets of the portfolio shall, apart from assets in liquid form, be solely invested in a mix of participatory interests in portfolios invested in South African and global equity securities, property securities, non equity securities and money market investment. The underlying portfolios of collective investment schemes shall be registered in South Africa or other similar schemes operated in territories with a regulatory environment which is to the satisfaction of the manger and the trustee of a sufficient standard to provide protection at least equivalent to that in South Africa.

Contact Information

Address 7405
Cape Town,
South Africa
Phone +27 (0)21 531 5085
Fax +27 (0)21 531 5086

Top Executives

Name Title Since Until
Dave Foord - 2008 Now
Biography Dave Foord is the founder of Foord Asset Management. He founded Foord Asset Management in South Africa and in Singapore in 1981 and 2012 respectively. He is also a portfolio manager and the global Chief Investment Officer (CIO). Dave has more than 44 years' investment experience.
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