The Sygnia Life MSCI World Plus Fund is an innovative and low-cost fund tailored to Sygnia living annuity investors, providing 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.
“Our funds are designed to challenge the status quo, because we want our investors to feel like the world is their oyster, that everything is possible.”
Kyle Hulett, Head of InvestmentsInvestment objective and strategy
The Sygnia Life MSCI World Plus Fund is an innovative and low-cost fund tailored to Sygnia living annuity investors, providing 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. Designed to meet the needs of living annuity investors, the fund offers access to diversified exposure of global equities. The strategy allows investors to capture the growth potential of developed markets, providing living annuity investors with an effective way to grow their wealth. The fund uses derivatives to boost its returns by adding extra income from South African money market investments, compared to holding overnight cash. This helps increase the overall return beyond what the underlying market provides. The Sygnia Life MSCI World Plus Fund offers a cost-effective way for living annuity investors to diversify their portfolios and access global equity markets, with a focus on long-term growth.
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.
And for how long?
A minimum of 5 years.
| Initial Fees | 0.00% |
| Management Fees | 0.50% per annum |
| VAT | - |
| Total Expense Ratio (TER) | - |
| Transaction Costs (TC) | - |
| Total Investment Charge (TIC) | - |
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.
Tax
Tax will be levied within the fund according to the relevant tax legislation. To view the tax implications, please review our Terms and Information document at www.sygnia.co.za.
Disclosures
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.
Disclaimer
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.
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.