Once a year Allan Gray exchanges some of the unit trusts on their platform based on a voting system carried out by financial advisors. This is to ensure Allan Gray continues to offer the best suite of unit trust funds.
Local funds to be closed to new investors:
- Investec Worldwide Equity Feeder Fund
- RMB Conservative Fund
- RMB Property Fund
- Stanlib Balanced Fund
- Stanlib Value Fund
While the closed funds will be removed from our fund list, existing investors in these funds will still be able to transact on their investments. Of these closed funds only one was included in our recommended portfolios, the RMB Property Fund, which has now been replaced by the Stanlib Property Income Fund.
Local funds to be added to the platform:
- Atlantic Enhanced Income Fund
- Cadiz Equity Ladder Fund
- Coronation Global Emerging Markets Flexible Fund
- Investec Diversified Income Fund
- Stanlib Property Income Fund
For more information on these funds, please refer to the fund factsheets on our website, www.investonline.co.za
Other than the Stanlib Property Income Fund, we are not including any of these new funds in our recommended portfolios as yet. We will continuously evaluate them like all the other unit trusts available on the platform.
