GRYPHON ALL SHARE TRACKER FUND

FUND PROFILE

The objective of the fund is to track the performance of the South African All Share Index (Total Return). Our approach to index tracking differs from our peers in that we prioritise liquidity using a process called sampling that ensures reliable, liquid exposure to the South African equity market. Counters are considered liquid by the fund if 10% of the index weight can be bought/sold in a single day based on the average trade volumes of the last 60 days.

Companies that do not publish reliable accounts of their operations are reviewed by our credit committee and, as a result, may be omitted from holdings by the fund manager.

Sector exposures are aligned to index weightings as they appear in the index unless the sector itself is considered illiquid according to our stringent liquidity requirements and/or not significant enough to be included in the fund.

 

 

WHO SHOULD INVEST IN THIS FUND
  • Investors seeking diversified exposure to the South African equity market

  • The fund is ideal for creating a core equity component to which higher risk equity portfolios can be added

 

 

INVESTMENT TERM

 

 

 

 

 

 

RISK

The Gryphon All Share Tracker Fund is a moderate/high-risk investment product.

 

 

 

 

 

 

KEY FEATURES
  • Unemotional rules-based investing; vanilla-tracking

  • A quantitative model governs how exposures are allocated between most liquid counters

  • Sampling is used to keep trading costs down

  • Sector exposure is neutral as prescribed by the index thus ensuring the most efficient replication of the index

  • The fund holds only JSE listed stocks but not all earnings are generated domestically

FUND DETAILS

Portfolio Managers: Casparus Treurnicht & Abri Du Plessis 

Benchmark: South African All Share Index Total Return

Fees (Incl. VAT): 

Initial 0%

Annual Management Fee Fund A - 0.23%

Minimum lump sum | R2,000

Minimum debit order | R200 p.m.

 

T. +27 21 915 5100

F. +27 21 915 5111

E. invest@gryphon.com

www.gryphon.com

 

1st Floor, Bonitas Office Park East, Southgate,

Tyger Waterfront, Carl Cronje Drive,

Tyger Valley, Bellville, 7530

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An authorized financial services provider: FSP No. 581