Marriott Fund Research Tool


Technical Details

Formation Date (R)	15 Oct 1993
Fund Size (ZAR)	519 403 600
Domicile	South Africa
Reporting Currency	ZAR
JSE Code (R)	HLMI
ISIN (R)	ZAE000020178
Pricing	Daily
Number of unitholders	838
ASISA Category	SA-Multi Asset-Income
Benchmark	SA Interest Bearing Money Market Funds sector average
Income Distributions	-
Income Payment	-
Trustee	FirstRand Bank Limited
Management Company	Marriott Unit Trust Management Company Ltd.
Fund Management	Marriott Asset Management
Minimum Investment	R500
Minimum Top-Up	300
Minimum Monthly	R300
Risk Rating	Low-Medium


Technical Details

Formation Date (R)	15 Oct 1993
Fund Size (ZAR)	519 403 600
Domicile	South Africa
Reporting Currency	ZAR
JSE Code (R)	HLMI
ISIN (R)	ZAE000020178
Pricing	Daily
Number of unitholders	838
ASISA Category	SA-Multi Asset-Income
Benchmark	SA Interest Bearing Money Market Funds sector average
Income Distributions	-
Income Payment	-
Trustee	FirstRand Bank Limited
Management Company	Marriott Unit Trust Management Company Ltd.
Fund Management	Marriott Asset Management
Minimum Investment	R500
Minimum Top-Up	300
Minimum Monthly	R300
Risk Rating	Low-Medium

Fund Objective

The Marriott Income Fund has as its primary objective to maximise income yield as well as achieve capital stability. To achieve this objective, the securities normally to be included in the portfolio will consist of fixed income securities, high yielding securities, non-equity securities and liquid assets. Nothing precludes the Manager from retaining cash in the portfolio or placing cash on deposits. Call rates provide the fund with a benchmark. Although the mandate does not prescribe it, the portfolio is managed in conformity with prudential investment guidelines.

Fund Objective

The Marriott Income Fund has as its primary objective to maximise income yield as well as achieve capital stability. To achieve this objective, the securities normally to be included in the portfolio will consist of fixed income securities, high yielding securities, non-equity securities and liquid assets. Nothing precludes the Manager from retaining cash in the portfolio or placing cash on deposits. Call rates provide the fund with a benchmark. Although the mandate does not prescribe it, the portfolio is managed in conformity with prudential investment guidelines.


Management

Marriott Asset Management All asset management decisions are made together with the Marriott Investment Committee using an income-focused approach to investing.


Management

Marriott Asset Management All asset management decisions are made together with the Marriott Investment Committee using an income-focused approach to investing.


Fees and Costs - Class R

Initial Fee	0.00%
Advisor Initial Fee	n/a
Annual Management Fee	0.69%
Performance Fee	-
Advisor Annual Fee	n/a
Trailer Fee	-
Exit Fee	-
TER (30/06)	0.71%
TER Performance Fee	0.00%
Transaction Costs Ratio	0.03%
Total TER	0.74%


Fees and Costs - Class R

Initial Fee	0.00%
Advisor Initial Fee	n/a
Annual Management Fee	0.69%
Performance Fee	-
Advisor Annual Fee	n/a
Trailer Fee	-
Exit Fee	-
TER (30/06)	0.71%
TER Performance Fee	0.00%
Transaction Costs Ratio	0.03%
Total TER	0.74%


Statutory Data

Management Company	Marriott Unit Trust Management Company Ltd.
Registration Number	1988/003359/07
Directors	P de Beyer (Independent Non-Executive Director), D Elliott (Executive Director), G L Gobodo (Non-Executive Director), D Matthews (Executive Director), B Mchunu (Independent Non-Executive Director), D C Radley ((Chairperson) Independent Non-Executive Director)
Trustee	FirstRand Bank Limited
Auditors	Deloitte
Sponsors	-
Advisors	Marriott Asset Management (Pty) Ltd. (licensed financial services provider)
Physical Address	2 Delamore Road Hillcrest 3610
Postal Address	PO Box 2099 Hillcrest 3650
Telephone	031-765-0700
Tollfree	0800-336-555
Fax	031-765-0790
Email	info@marriott.co.za
Website	http://www.marriott.co.za


Statutory Data

Management Company	Marriott Unit Trust Management Company Ltd.
Registration Number	1988/003359/07
Directors	P de Beyer (Independent Non-Executive Director), D Elliott (Executive Director), G L Gobodo (Non-Executive Director), D Matthews (Executive Director), B Mchunu (Independent Non-Executive Director), D C Radley ((Chairperson) Independent Non-Executive Director)
Trustee	FirstRand Bank Limited
Auditors	Deloitte
Sponsors	-
Advisors	Marriott Asset Management (Pty) Ltd. (licensed financial services provider)
Physical Address	2 Delamore Road Hillcrest 3610
Postal Address	PO Box 2099 Hillcrest 3650
Telephone	031-765-0700
Tollfree	0800-336-555
Fax	031-765-0790
Email	info@marriott.co.za
Website	http://www.marriott.co.za

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Message for Recipient	Attached is a PDF from Marriott.