About the Manager and Strategy

RISK
35-70

INVESTMENT STRATEGY

Cannon Asset Managers’ Global Growth TFSA Bundle invests in growth assets. especially equities and real estate assets. outside of South Africa. The portfolio has complete flexibility in the allocation of assets in terms of countries. currencies and regions. It targets a long-term return of inflation plus six percent (CPI + 6%). The portfolio manager has full discretion in asset allocation between and within asset classes. countries and regions. The portfolio is required to hold at least 80% of its assets outside of South Africa. although the long-run strategic target is to allocate all investments globally and outside of South Africa. The strategic asset allocation favours capital growth assets and. in particular. equities and real estate. The exposure within the different asset classes is managed on a passive basis. which ensures holdings deliver efficient asset-class returns and costs are kept as low as possible. The primary goal of the TFSA bundle is to produce high capital growth over the longer term through exposure to global assets.

INVESTMENT GUIDELINES

Cannon Asset Managers’ Global Growth TFSA Bundle invests in a portfolio of equities. property. bonds. commodities and cash. The TFSA bundle does not comply with the investment limits governing retirement funds (Regulation 28 of the Pension Funds Act). In the long run. the strategic allocation targets holding all investments outside of South Africa in offshore assets. There are no limits or constraints to the geographic allocation or currency allocation of the portfolio. Similarly. the portfolio may be aggressively managed. with underlying assets being shifted between different markets and various asset classes to reflect changing economic. political. business and environmental conditions. The manager has full discretion over asset allocation to maximise total returns over the long term.

EFFECTIVE ANNUAL COST (EAC)

Underlying Bundle Total Expense Ratio (TER) 0.43

Transaction Costs 0.13

Asset Management Charge 0.40

Effective Annual Cost (%) 0.96

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Bundle Information

RA Investable NO
Launch Date 2018/10/31
Benchmark CPI+6
Minimum Time Horizon 5 Years
RA ZAR TFSA USD

Percentage and Performance

Costs

Management/Bundle Fee 0.40%
TER 0.83%
Estimated TC 0.13%
Estimated TIC 0.96%

Performance

* Performance quoted excludes management / bundle fee's
Apr 2021 -0.89%
Last 3 Months 6.56%
Last 6 Months 9.11%
YTD 6.56%
Last 12 Months 31.31%
Last 3 Years N/A
Last 5 Years N/A
Since Inception N/A

Bundle NAV

Volatility

Since Inception 14.04%
1 Year Volatility 15.41%
3 Year Volatility 14.04%
Best Month 11.82%
Worst Month -5.18%
Maximum Drawdown -6.98%

Sector Allocation

Asset Allocation

Bonds 0%
Property 10.36%
Cash 79.98%
Local Equity 7.93%
Foreign Equity 1.73%

Constituents

Here is a list of companies/ETFs that make up this bundle.