Marriott Fund Research Tool


Technical Details

Formation Date (R)	2 May 1997
Fund Size (ZAR)	85 933 661 342
Domicile	South Africa
Reporting Currency	ZAR
JSE Code (R)	INAF
ISIN (R)	ZAE000020210
Pricing	Daily
Number of unitholders	6663
ASISA Category	SA-Multi Asset-High Equity
Benchmark	CPI
Income Distributions	31/03,30/09
Income Payment	15/04,15/10
Trustee	FirstRand Bank Ltd.
Management Company	Ninety One Fund Managers SA (RF) (Pty) Ltd.
Fund Management	Clyde Rossouw
Minimum Investment	R10 000
Minimum Top-Up	-
Minimum Monthly	R500
Risk Rating	Medium


Technical Details

Formation Date (R)	2 May 1997
Fund Size (ZAR)	85 933 661 342
Domicile	South Africa
Reporting Currency	ZAR
JSE Code (R)	INAF
ISIN (R)	ZAE000020210
Pricing	Daily
Number of unitholders	6663
ASISA Category	SA-Multi Asset-High Equity
Benchmark	CPI
Income Distributions	31/03,30/09
Income Payment	15/04,15/10
Trustee	FirstRand Bank Ltd.
Management Company	Ninety One Fund Managers SA (RF) (Pty) Ltd.
Fund Management	Clyde Rossouw
Minimum Investment	R10 000
Minimum Top-Up	-
Minimum Monthly	R500
Risk Rating	Medium

Fund Objective

The Ninety One Opportunity Fund aims to produce dependable inflation-beating returns, while minimising downside risk. The objective is to achieve returns well in excess of inflation measured over three to five year periods.

The fund invests in a mix of South African equities, bonds and money market instruments, as well as international equity and fixed interest investments. Equity exposure is currently limited to 75% and the international exposure to 25%. The allocation of assets is actively managed with a bias towards equities that are attractively priced given their inherent value.

Fund Objective

The Ninety One Opportunity Fund aims to produce dependable inflation-beating returns, while minimising downside risk. The objective is to achieve returns well in excess of inflation measured over three to five year periods.

The fund invests in a mix of South African equities, bonds and money market instruments, as well as international equity and fixed interest investments. Equity exposure is currently limited to 75% and the international exposure to 25%. The allocation of assets is actively managed with a bias towards equities that are attractively priced given their inherent value.


Management

Clyde Rossouw (BSc, CFA) Clyde is Co-Head of Quality at Ninety One. He is a portfolio manager with a focus on multi-asset absolute return and low volatility real return equity investing. His portfolio manager duties include our flagship Opportunity Strategy that he has run since 2003 and our equity oriented Global Franchise and Global Quality Equity Income strategies. Clyde joined the firm in 1999, initially as an asset allocation and sector allocation strategist. Prior to joining the firm, Clyde was awarded a study bursary by Sanlam where he worked for eight years, including five years in asset management. His experience in investments there included fixed income analysis and portfolio management. Clyde graduated from the University of Cape Town with a Bachelor of Science degree in Statistics and Actuarial Science. He was awarded the Certificates in Actuarial Techniques in 1995, and Finance and Investments in 1997 by the Institute of Actuaries in London. Clyde is a CFA Charterholder.


Management

Clyde Rossouw (BSc, CFA) Clyde is Co-Head of Quality at Ninety One. He is a portfolio manager with a focus on multi-asset absolute return and low volatility real return equity investing. His portfolio manager duties include our flagship Opportunity Strategy that he has run since 2003 and our equity oriented Global Franchise and Global Quality Equity Income strategies. Clyde joined the firm in 1999, initially as an asset allocation and sector allocation strategist. Prior to joining the firm, Clyde was awarded a study bursary by Sanlam where he worked for eight years, including five years in asset management. His experience in investments there included fixed income analysis and portfolio management. Clyde graduated from the University of Cape Town with a Bachelor of Science degree in Statistics and Actuarial Science. He was awarded the Certificates in Actuarial Techniques in 1995, and Finance and Investments in 1997 by the Institute of Actuaries in London. Clyde is a CFA Charterholder.


Fees and Costs - Class R

Initial Fee	0.00%
Advisor Initial Fee	n/a
Annual Management Fee	1.15%
Performance Fee	-
Advisor Annual Fee	n/a
Trailer Fee	-
Exit Fee	-
TER (31/12)	1.23%
TER Performance Fee	0.00%
Transaction Costs Ratio	0.01%
Total TER	1.24%


Fees and Costs - Class R

Initial Fee	0.00%
Advisor Initial Fee	n/a
Annual Management Fee	1.15%
Performance Fee	-
Advisor Annual Fee	n/a
Trailer Fee	-
Exit Fee	-
TER (31/12)	1.23%
TER Performance Fee	0.00%
Transaction Costs Ratio	0.01%
Total TER	1.24%


Statutory Data

Management Company	Ninety One Fund Managers SA (RF) (Pty) Ltd.
Registration Number	1987/004390/07
Directors	Noluthando Gosa, John C Green, Thabo Khojane
Trustee	FirstRand Bank Ltd.
Auditors	KPMG South Africa
Sponsors	-
Advisors	Ninety One SA (Pty) Ltd.
Physical Address	36 Hans Strijdom Avenue Foreshore Cape Town 8001
Postal Address	PO Box 1655 Cape Town 8000
Telephone	0860-500-900
Tollfree	-
Fax	021-901-1000
Email	[email protected]
Website	http://https://ninetyone.com/en/south-africa


Statutory Data

Management Company	Ninety One Fund Managers SA (RF) (Pty) Ltd.
Registration Number	1987/004390/07
Directors	Noluthando Gosa, John C Green, Thabo Khojane
Trustee	FirstRand Bank Ltd.
Auditors	KPMG South Africa
Sponsors	-
Advisors	Ninety One SA (Pty) Ltd.
Physical Address	36 Hans Strijdom Avenue Foreshore Cape Town 8001
Postal Address	PO Box 1655 Cape Town 8000
Telephone	0860-500-900
Tollfree	-
Fax	021-901-1000
Email	[email protected]
Website	http://https://ninetyone.com/en/south-africa

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