Marriott Fund Research Tool


Technical Details

Formation Date (C)	11 Mar 2019
Fund Size (ZAR)	614 750 532
Domicile	South Africa
Reporting Currency	ZAR
JSE Code (C)	MEICC
ISIN (C)	ZAE000266896
Pricing	Daily
Number of unitholders	449
ASISA Category	SA-Multi Asset-Flexible
Benchmark	50% All Share index; 25%SAPY; 20%ALBI; 5%SteF
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	Medium-High


Technical Details

Formation Date (C)	11 Mar 2019
Fund Size (ZAR)	614 750 532
Domicile	South Africa
Reporting Currency	ZAR
JSE Code (C)	MEICC
ISIN (C)	ZAE000266896
Pricing	Daily
Number of unitholders	449
ASISA Category	SA-Multi Asset-Flexible
Benchmark	50% All Share index; 25%SAPY; 20%ALBI; 5%SteF
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	Medium-High

Fund Objective

The Marriott Essential Income Fund has as its primary objective to provide a high level of reliable income for investors and to grow this income in line with inflation over time. The secondary consideration is growth in capital in line with inflation over time. To achieve this objective the fund will invest, apart from liquid assets, in a blend of equities, REITS, collective investment schemes in property, bonds and money market instruments. The portfolio will maintain a minimum equity exposure of 25% and a combined minimum exposure to REITS and collective investment schemes in property of 15%....Read more

Fund Objective

The Marriott Essential Income Fund has as its primary objective to provide a high level of reliable income for investors and to grow this income in line with inflation over time. The secondary consideration is growth in capital in line with inflation over time. To achieve this objective the fund will invest, apart from liquid assets, in a blend of equities, REITS, collective investment schemes in property, bonds and money market instruments. The portfolio will maintain a minimum equity exposure of 25% and a combined minimum exposure to REITS and collective investment schemes in property of 15%....Read more


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 C

Initial Fee	0.00%
Advisor Initial Fee	n/a
Annual Management Fee	0.86%
Performance Fee	-
Advisor Annual Fee	n/a
Trailer Fee	-
Exit Fee	-
TER (30/06)	0.89%
TER Performance Fee	0.00%
Transaction Costs Ratio	0.12%
Total TER	1.01%


Fees and Costs - Class C

Initial Fee	0.00%
Advisor Initial Fee	n/a
Annual Management Fee	0.86%
Performance Fee	-
Advisor Annual Fee	n/a
Trailer Fee	-
Exit Fee	-
TER (30/06)	0.89%
TER Performance Fee	0.00%
Transaction Costs Ratio	0.12%
Total TER	1.01%


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	[email protected]
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	[email protected]
Website	http://www.marriott.co.za

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Message for Recipient	Attached is a PDF from Marriott.