Marriott Fund Research Tool


Technical Details

Formation Date (A2)	7 Dec 2010
Fund Size (ZAR)	406 646 130
Domicile	South Africa
Reporting Currency	ZAR
JSE Code (A2)	PPEA2
ISIN (A2)	ZAE000140083
Pricing	Daily
Number of unitholders	11
ASISA Category	SA-Real Estate-General
Benchmark	FTSE/JSE Africa SA Listed Property
Income Distributions	31/03
Income Payment	01/04
Trustee	Nedbank
Management Company	Prescient Management Company Ltd. (PIM)
Fund Management	Prescient Equity Team, Johan Steyn, Mario Fisher
Minimum Investment	R10 000
Minimum Top-Up	-
Minimum Monthly	R1 000
Risk Rating	High


Technical Details

Formation Date (A2)	7 Dec 2010
Fund Size (ZAR)	406 646 130
Domicile	South Africa
Reporting Currency	ZAR
JSE Code (A2)	PPEA2
ISIN (A2)	ZAE000140083
Pricing	Daily
Number of unitholders	11
ASISA Category	SA-Real Estate-General
Benchmark	FTSE/JSE Africa SA Listed Property
Income Distributions	31/03
Income Payment	01/04
Trustee	Nedbank
Management Company	Prescient Management Company Ltd. (PIM)
Fund Management	Prescient Equity Team, Johan Steyn, Mario Fisher
Minimum Investment	R10 000
Minimum Top-Up	-
Minimum Monthly	R1 000
Risk Rating	High

Fund Objective

INVESTMENT AND RETURN OBJECTIVE

The Fund offers efficient and cost effective exposure to listed property as represented by the FTSE/JSE SA Listed Property Index. Tracking error to the index is minimised in the process.

INVESTMENT PROCESS

The Fund is a property index fund where returns are enhanced by taking advantage of low risk arbitrage opportunities in the market. Additional benefits are gained from efficient implementation of cash flows, dividend reinvestments, management of corporate actions and index rebalancing. The Fund aims to remain fully invested in property shares at all times.

Fund Objective

INVESTMENT AND RETURN OBJECTIVE

The Fund offers efficient and cost effective exposure to listed property as represented by the FTSE/JSE SA Listed Property Index. Tracking error to the index is minimised in the process.

INVESTMENT PROCESS

The Fund is a property index fund where returns are enhanced by taking advantage of low risk arbitrage opportunities in the market. Additional benefits are gained from efficient implementation of cash flows, dividend reinvestments, management of corporate actions and index rebalancing. The Fund aims to remain fully invested in property shares at all times.


Management

Mario Fisher Prescient Equity Team Johan Steyn


Management

Mario Fisher Prescient Equity Team Johan Steyn


Fees and Costs - Class A2

Initial Fee	0.00%
Advisor Initial Fee	n/a
Annual Management Fee	0.46%
Performance Fee	-
Advisor Annual Fee	n/a
Trailer Fee	-
Exit Fee	-
TER (30/09)	0.52%
TER Performance Fee	0.00%
Transaction Costs Ratio	0.38%
Total TER	0.90%


Fees and Costs - Class A2

Initial Fee	0.00%
Advisor Initial Fee	n/a
Annual Management Fee	0.46%
Performance Fee	-
Advisor Annual Fee	n/a
Trailer Fee	-
Exit Fee	-
TER (30/09)	0.52%
TER Performance Fee	0.00%
Transaction Costs Ratio	0.38%
Total TER	0.90%


Statutory Data

Management Company	Prescient Management Company Ltd. (PIM)
Registration Number	2002/022560/07
Directors	-
Trustee	Nedbank
Auditors	KPMG
Sponsors	Nedbank
Advisors	Nedbank
Physical Address	Prescient House, Westlake Business Park Otto Close Westlake 7945
Postal Address	PO Box 31142 Tokai South Africa 7966
Telephone	+27-21-700-3600
Tollfree	-
Fax	+27-21-700-3700
Email	info@prescient.co.za
Website	http://www.prescient.co.za


Statutory Data

Management Company	Prescient Management Company Ltd. (PIM)
Registration Number	2002/022560/07
Directors	-
Trustee	Nedbank
Auditors	KPMG
Sponsors	Nedbank
Advisors	Nedbank
Physical Address	Prescient House, Westlake Business Park Otto Close Westlake 7945
Postal Address	PO Box 31142 Tokai South Africa 7966
Telephone	+27-21-700-3600
Tollfree	-
Fax	+27-21-700-3700
Email	info@prescient.co.za
Website	http://www.prescient.co.za

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