Marriott Fund Research Tool


Technical Details

Formation Date (A)	1 Feb 2000
Fund Size (ZAR)	360 388 865
Domicile	South Africa
Reporting Currency	ZAR
JSE Code (A)	MPIF
ISIN (A)	ZAE000023156
Pricing	Daily
Number of unitholders	459
ASISA Category	SA-Real Estate-General
Benchmark	Grow earnings at a rate greater than the capitalisation weighted average of the FTSE/JSE Property Trust index and the FTSE/JSE Loan Stock index
Income Distributions	31/03,30/06,30/09,31/12
Income Payment	03/04,03/07,03/10,06/01
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 (A)	1 Feb 2000
Fund Size (ZAR)	360 388 865
Domicile	South Africa
Reporting Currency	ZAR
JSE Code (A)	MPIF
ISIN (A)	ZAE000023156
Pricing	Daily
Number of unitholders	459
ASISA Category	SA-Real Estate-General
Benchmark	Grow earnings at a rate greater than the capitalisation weighted average of the FTSE/JSE Property Trust index and the FTSE/JSE Loan Stock index
Income Distributions	31/03,30/06,30/09,31/12
Income Payment	03/04,03/07,03/10,06/01
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 Property Income Fund has as its primary objective long term growth in dividend (or rental) income and hence capital. To achieve this objective, apart from liquid assets, securities normally to be included in the portfolio will be financially sound listed property shares, collective investment schemes in property and property loan stock. The portfolio will consist of a carefully selected spread of prime listed commercial and industrial property securities of at least 85% of the market value of the portfolio.

Fund Objective

The Marriott Property Income Fund has as its primary objective long term growth in dividend (or rental) income and hence capital. To achieve this objective, apart from liquid assets, securities normally to be included in the portfolio will be financially sound listed property shares, collective investment schemes in property and property loan stock. The portfolio will consist of a carefully selected spread of prime listed commercial and industrial property securities of at least 85% of the market value of the portfolio.


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 A

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 (30/06)	1.18%
TER Performance Fee	0.00%
Transaction Costs Ratio	0.20%
Total TER	1.38%


Fees and Costs - Class A

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 (30/06)	1.18%
TER Performance Fee	0.00%
Transaction Costs Ratio	0.20%
Total TER	1.38%


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.