Equity Fund - If
you are seeking to grow your wealth
This is a medium to high-risk
investment. The risk factor is minimized through the
diverse spread of selected equities. Selection is based
on a scale about 12-20 value securities on the (ZSE)
stock exchange. Thus a fall in value of some shares
should be cushioned by a rise in others. The general
equity fund will provide investors with capital growth
in the long term.
There is an initial charge of 5%. Distribution of income
is semi-annually, in March and September. Beside these
distributions one also tends to gain or lose through
unit price fluctuations (the risk element inherent in
this fund). The price per unit secured at fund entry
represents the units purchased and the price movements
represent the capital appreciation or loss.
Target Market
The risk tolerant
Medium to Long-term investors:
Customers who appreciate equities as a vehicle for capital
appreciation
Funds for long term needs e.g. university education
in 3-5years times
Incentive Remuneration and supplemental pension Scheme
for small organizations
Remember, world wide, Equities have the best chance
to beat inflation in the long term