Funds

Sygnia Life MSCI World Plus Fund

A high-risk, equity-only portfolio benchmarked against the MSCI World Index

The Sygnia Life MSCI World Plus Fund is an innovative and low-cost fund that provides exposure to a diversified global equity portfolio. The fund is cognisant of the performance of the MSCI World Index, which includes large- and mid-cap companies from multiple developed markets worldwide.

Marketing Sheet Open Account

Fund overview

High

Risk profile

5+ years

Time horizon

2025

Fund launched

MSCI World

Net Total Return Index (R) benchmark

0.50%

Management fees p.a. (excl. vat)

Reg. 28

Non-compliant

About this fund

Investment objective and strategy

The fund offers access to diversified exposure of global equities, allowing investors to grow their wealth by capturing the growth potential of developed markets. The fund uses derivatives to boost its returns by adding extra income from South African money market investments rather than holding overnight cash. This helps increase the overall return beyond the underlying market’s return.

The Sygnia Life MSCI World Plus Fund offers a cost-effective way for investors to diversify their portfolios and access global equity markets while maintaining a focus on long-term growth. The fund is a linked life investment and is available via Sygnia Life policies

Benchmark
MSCI World Net Total Return Index (R)

What the fund invests in

Asset Class	Percentage
Global Equity	99.7
Global Cash	0.3

Risk profile

The Sygnia Life MSCI World Plus Fund is a high-risk fund that invests in global equities across developed markets. The strategy faces two additional risks beyond the underlying market volatility. The risk that money market investments might underperform and the risk that the companies issuing derivatives might default. The first is mitigated with diversification and highly rated money market investments while the second risk is mitigated by regular mark to market of the positions. The fund aims to provide returns in line with the MSCI World Index.

Who should invest

Long-term living annuity investors seeking to maximise their offshore equity exposure while adhering to regulatory guidelines.

Fees

Sygnia charges an annual management fee, calculated and accrued daily and payable monthly in arrears.

Initial fees	0.00% (excl. VAT)
Management fees	0.50% (excl. VAT) p.a.
Performance fees	N/A
Other expenses*	N/A
VAT	N/A
Total expense ratio (TER)	N/A
Transaction costs (TC)	N/A
Total investment charge (TIC)	N/A

Sygnia charges an annual management fee, calculated and accrued daily and payable monthly in arrears.

A higher TER does not necessarily imply a poor return, nor does a low TER imply a good return. The current TER may not necessarily be an accurate indication of future TERs.

TCs are a necessary cost in administering the financial product and impact financial product returns. TCs should not be considered in isolation, as returns may be impacted by many other factors over time, including market returns, the type of financial product, the investment decisions of the investment manager and the TER.

Disclosure and disclaimer

Sygnia does not provide advice and therefore does not charge advice fees. If a financial planner is appointed, initial and ongoing advice fees may be payable as agreed upon between you and your financial advisor. The payments of these fees are facilitated by the linked investment service provider (LISP) and not directly by Sygnia.

Tax: Tax will be levied within the fund according to the relevant tax legislation. For tax implications, please consult with a qualified tax advisor.

Linked policies: The policy benefits of the linked policies are determined solely on the value of the assets or categories of assets to which the policies are linked. The value of investments may go down as well as up.

Performance: Past performance is not necessarily a guide to future performance. Performance is calculated for the portfolio, and individual investor performance may differ as a result of initial fees, actual investment date, date of reinvestment and dividend withholding tax.

Guarantee: The Manager does not provide any guarantee with respect to either the capital or the return of the portfolio.

Other risks: The fund may from time to time invest in foreign countries and may therefore have risks regarding liquidity, the repatriation of funds, political and macroeconomic situations, foreign exchange, tax, settlement and the availability of information.

General: The Manager has the right to close any portfolios to new investors to manage the portfolios more efficiently in accordance with their mandates. The minimum disclosure document for this fund is available on our website: www. sygnia.co.za

Product provider and manager: The Sygnia Group is a member of the Association for Savings and Investment SA. Sygnia Life Limited is an authorised financial services provider (FSP 2935) and licensed linked insurer (I197). Sygnia Asset Management (Pty) Limited is an authorised financial services provider (FSP 873) and is the appointed investment manager of the fund.

Portfolio Managers

Steven Empedocles

Steven Empedocles is an investment professional with over ten years of experience in asset management. As Head of Indexation at Sygnia Asset Management, he oversees operations and portfolio management across passive products including Life, Unit Trusts, and ETFs. He holds a BCom Honours in Financial Risk Management from Stellenbosch University, is a CFA and FRM charterholder, and has received multiple research awards.

Mish-Al Bassadien

Mish-al Bassadien earned his Bachelor of Business Science in Finance and an Honours in Financial Analysis and Portfolio Management from the University of Cape Town. He is a portfolio manager at Sygnia Asset Management, co-managing a suite of passive index funds as well as Sygnia’s Thematic product range. Before joining Sygnia, Mish-al worked as a Senior Analyst at RisCura.