Marriott Fund Research Tool


Technical Details

Formation Date (B1)	1 Dec 2011
Fund Size (ZAR)	1 443 377 577
Domicile	South Africa
Reporting Currency	ZAR
JSE Code (B1)	ASIB1
ISIN (B1)	ZAE000162699
Pricing	Daily
Number of unitholders	210
ASISA Category	SA-Interest Bearing-Short Term
Benchmark	STeFI Composite Index over a rolling 12 month period
Income Distributions	31/03,30/06,30/09,31/12
Income Payment	01/04,01/07,01/10,01/01
Trustee	Standard Bank of South Africa
Management Company	Ashburton Management Company (RF) (Pty) Ltd.
Fund Management	Ashburton Asset Management (Pty) Ltd
Minimum Investment	R5 000
Minimum Top-Up	2000
Minimum Monthly	R500
Risk Rating	Low


Technical Details

Formation Date (B1)	1 Dec 2011
Fund Size (ZAR)	1 443 377 577
Domicile	South Africa
Reporting Currency	ZAR
JSE Code (B1)	ASIB1
ISIN (B1)	ZAE000162699
Pricing	Daily
Number of unitholders	210
ASISA Category	SA-Interest Bearing-Short Term
Benchmark	STeFI Composite Index over a rolling 12 month period
Income Distributions	31/03,30/06,30/09,31/12
Income Payment	01/04,01/07,01/10,01/01
Trustee	Standard Bank of South Africa
Management Company	Ashburton Management Company (RF) (Pty) Ltd.
Fund Management	Ashburton Asset Management (Pty) Ltd
Minimum Investment	R5 000
Minimum Top-Up	2000
Minimum Monthly	R500
Risk Rating	Low

Fund Objective

The fund is a specialist portfolio focusing on high interest-bearing investments. It aims to provide relative capital stability, optimal income returns from interest earning securities and enhance returns through a combination of diversified fixed income strategies. The fund comprises of a combination of bonds, fixed deposits and other interest earning securities which have a fixed maturity date and either have a predetermined cash flow profile or are linked to benchmark yields. The fund will not invest in equity securities, real estate securities or cumulative preference shares. The fund's duration will be limited to a maximum of two years....Read more

Fund Objective

The fund is a specialist portfolio focusing on high interest-bearing investments. It aims to provide relative capital stability, optimal income returns from interest earning securities and enhance returns through a combination of diversified fixed income strategies. The fund comprises of a combination of bonds, fixed deposits and other interest earning securities which have a fixed maturity date and either have a predetermined cash flow profile or are linked to benchmark yields. The fund will not invest in equity securities, real estate securities or cumulative preference shares. The fund's duration will be limited to a maximum of two years....Read more


Management

Ashburton Asset Management (Pty) Ltd


Management

Ashburton Asset Management (Pty) Ltd


Fees and Costs - Class B1

Initial Fee	0.00%
Advisor Initial Fee	n/a
Annual Management Fee	0.7475%
Performance Fee	-
Advisor Annual Fee	n/a
Trailer Fee	-
Exit Fee	-
TER (31/12)	0.74%
TER Performance Fee	0.00%
Transaction Costs Ratio	0.00%
Total TER	0.74%


Fees and Costs - Class B1

Initial Fee	0.00%
Advisor Initial Fee	n/a
Annual Management Fee	0.7475%
Performance Fee	-
Advisor Annual Fee	n/a
Trailer Fee	-
Exit Fee	-
TER (31/12)	0.74%
TER Performance Fee	0.00%
Transaction Costs Ratio	0.00%
Total TER	0.74%


Statutory Data

Management Company	Ashburton Management Company (RF) (Pty) Ltd.
Registration Number	1996/002547/07
Directors	GL Carter, B C Grobler, C Low (Company Secretary), V Nedeljkovic, M Ramplin (Chairman), S Yates (Independent director)
Trustee	Standard Bank of South Africa
Auditors	PWC and Deloitte
Sponsors	-
Advisors	Ashburton Fund Managers (Pty) Ltd.
Physical Address	4 Merchant Place, 1 Fredman Drive Sandton Johannesburg 2196
Postal Address	PO Box 653780 Benmore 2010
Telephone	011-282-8800
Tollfree	-
Fax	011-384-3939
Email	ashburtonquery@investoradmin.co.za
Website	http://www.ashburtoninvestments.com


Statutory Data

Management Company	Ashburton Management Company (RF) (Pty) Ltd.
Registration Number	1996/002547/07
Directors	GL Carter, B C Grobler, C Low (Company Secretary), V Nedeljkovic, M Ramplin (Chairman), S Yates (Independent director)
Trustee	Standard Bank of South Africa
Auditors	PWC and Deloitte
Sponsors	-
Advisors	Ashburton Fund Managers (Pty) Ltd.
Physical Address	4 Merchant Place, 1 Fredman Drive Sandton Johannesburg 2196
Postal Address	PO Box 653780 Benmore 2010
Telephone	011-282-8800
Tollfree	-
Fax	011-384-3939
Email	ashburtonquery@investoradmin.co.za
Website	http://www.ashburtoninvestments.com

Your Email Address
Recipient's Email Address
Message for Recipient	Attached is a PDF from Marriott.