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Manager's
Fact Sheet
Fund Profile
Manager's Commentary
Novare High Growth Fund  |  Worldwide-Multi Asset-Flexible
21.7168    +0.0754    (+0.348%)
NAV price (ZAR) Tue 19 Nov 2024 (change prev day)


 
Technical Details  
 

Formation Date (A1)

2 Mar 2012

Fund Size (ZAR)

46 207 926

Domicile

South Africa

Reporting Currency

ZAR

JSE Code (A1)

NWWFF

ISIN (A1)

ZAE000197984

Pricing

Daily

Number of unitholders

92

ASISA Category

WW-Multi Asset-Flexible

Benchmark

CPI + 5% net of fees

Income Distributions

30/06,31/12

Income Payment

02/07,02/01

Trustee

Firstrand Bank Limited

Management Company

Novare CIS (RF) (Pty) Ltd.

Fund Management

Novare Investments (Pty) Limited

Minimum Investment

R5 000

Minimum Top-Up

-

Minimum Monthly

R500

Risk Rating

High

 
Fund Objective  
 
The portfolio is a moderate to high-risk, flexible fund of funds. The objective of this portfolio is to achieve capital appreciation over the medium to long term. There will be no limitations on the relative exposure of the portfolio to any asset class.

The portfolio is an aggressively managed, medium to high-risk flexible fund of funds. There will be no limitations on the relative exposure of the portfolio to any asset class. The investments to be included in the portfolio will, apart from assets in liquid form, consist solely of participatory interests or any other form of participation in portfolios of collective investment schemes or other similar collective investment schemes, investing in the equity, bond, property and money markets....Read more
 
Management  
 
Novare Investments (Pty) Limited
 
Fees and Costs - Class A1
 
Initial Fee0.00%
Advisor Initial Feen/a
Annual Management Fee0.69%
Performance Fee-
Advisor Annual Feen/a
Trailer Fee-
Exit Fee-
TER (30/06)1.56%
TER Performance Fee0.00%
Transaction Costs Ratio0.18%
Total TER1.74%
 
Distribution - Class A1
DeclaredPayAmountClassCurrency
30 Jun 20241 Jul 202422.907A1ZARc
31 Dec 20233 Jan 202424.051A1ZARc
30 Jun 20233 Jul 202326.622A1ZARc
31 Dec 20223 Jan 202326.623A1ZARc
30 Jun 20221 Jul 202221.845A1ZARc
31 Dec 20213 Jan 202214.776A1ZARc
30 Jun 20211 Jul 20219.216A1ZARc
31 Dec 20204 Jan 202118.284A1ZARc
30 Jun 20201 Jul 202020.937A1ZARc
31 Dec 20192 Jan 202019.690A1ZARc
 
Statutory Data
 
Management CompanyNovare CIS (RF) (Pty) Ltd.
Registration Number2013/191159/07
Directors-
TrusteeFirstrand Bank Limited
AuditorsPricewaterhouseCoopers
Sponsors-
Advisors-
Physical Address3rd Floor, The Cliffs Office Block 1 Niagara Way, Tyger Falls Bellville 7530
Postal AddressPO Box 4742 Tygervalley 7536
Telephone021-914-7730
Tollfree-
Fax021-914-7733
Email-
Websitehttp://www.novare.com