Marriott Fund Research Tool


Technical Details

Formation Date (A)	1 Apr 2005
Fund Size (ZAR)	31 391 918 311
Domicile	South Africa
Reporting Currency	ZAR
JSE Code (A)	AGOE
ISIN (A)	ZAE000065850
Pricing	Daily
Number of unitholders	21574
ASISA Category	Gbl-Equity-General
Benchmark	FTSE World index, including income
Income Distributions	31/12
Income Payment	-
Trustee	RMB, a division of FirstRand Bank Ltd.
Management Company	Allan Gray Unit Trust Management (RF) Pty Limited
Fund Management	Orbis Investment Management Ltd.
Minimum Investment	R20 000
Minimum Top-Up	500
Minimum Monthly	R500
Risk Rating	Medium-High


Technical Details

Formation Date (A)	1 Apr 2005
Fund Size (ZAR)	31 391 918 311
Domicile	South Africa
Reporting Currency	ZAR
JSE Code (A)	AGOE
ISIN (A)	ZAE000065850
Pricing	Daily
Number of unitholders	21574
ASISA Category	Gbl-Equity-General
Benchmark	FTSE World index, including income
Income Distributions	31/12
Income Payment	-
Trustee	RMB, a division of FirstRand Bank Ltd.
Management Company	Allan Gray Unit Trust Management (RF) Pty Limited
Fund Management	Orbis Investment Management Ltd.
Minimum Investment	R20 000
Minimum Top-Up	500
Minimum Monthly	R500
Risk Rating	Medium-High

Fund Objective

The Fund is a feeder fund and invests only in the Orbis Global Equity Fund, managed by Allan Gray's offshore investment partner, Orbis Investment Management Limited. The Orbis Global Equity Fund invests in shares listed on stock markets around the world and aims to be fully invested at all times. Returns are likely to be volatile, especially over short- and medium-term periods. Although the Fund is fully invested outside South Africa, the units in the Fund are priced and traded daily in rands.

Fund Objective

The Fund is a feeder fund and invests only in the Orbis Global Equity Fund, managed by Allan Gray's offshore investment partner, Orbis Investment Management Limited. The Orbis Global Equity Fund invests in shares listed on stock markets around the world and aims to be fully invested at all times. Returns are likely to be volatile, especially over short- and medium-term periods. Although the Fund is fully invested outside South Africa, the units in the Fund are priced and traded daily in rands.


Management

Orbis Investment Management Ltd.


Management

Orbis Investment Management Ltd.

Fees and Costs - Class A

Initial Fee

0.00%

Advisor Initial Fee

n/a

Annual Management Fee

1.10%

Performance Fee

Allan Gray does not charge an annual management fee but is paid a marketing and distribution fee by Orbis.

Advisor Annual Fee

n/a

Trailer Fee

-

Exit Fee

-

TER (31/12)

1.24%

TER Performance Fee

-0.09%

Transaction Costs Ratio

0.10%

Total TER

1.34%