The Sygnia Transnational Equities Fund is a unique investment vehicle designed for South African investors who are limited by regulation from investing more than a specific amount offshore.
*Note: With effect from 6 November 2023, the Sygnia SWIX Index Fund was renamed to the Sygnia Transnational Equities Fund. Investors, via a ballot, have agreed to the amendment of the investment policy from a tracker fund to an active equity fund.
“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 Transnational Equities Fund is a unique investment vehicle designed for South African investors who are limited by regulation from investing more than a specific amount offshore. The fund is actively managed and invests in JSE-listed equities that have a predominantly offshore revenue exposure, providing investors with exposure to diversified global growth opportunities. This can be a valuable asset for investors who are concerned about the possibility of South African growth stagnation.
What the fund invests in
| Sector | Percentage | Allocation |
|---|---|---|
| Industrials | 56.0 | |
| Financials | 23.3 | |
| Resources | 20.3 | |
| Liquidity | 0.4 |
Risk profile
This fund has a 100% strategic allocation to South African equities but may include some allocation to offshore equities. The risk of financial loss over the short term is therefore high. This risk is managed by spreading investments across sectors and individual shares. The high offshore revenue exposure diversifies the sources of growth impacting the securities but also introduces currency risk.
Who should invest
Investors seeking to maximise their long-term returns while being able to withstand
short-term market turbulence, and who are in their wealth-building phase in terms of
capital accumulation. The fund is also suited to investors who wish to invest in a strategy
that globally diversifies sources of revenue.
And for how long?
A minimum of 5 years.
Sygnia charges an annual management fee, calculated and accrued daily and payable
monthly in arrears.
| Initial fees | 0.00% (excl. VAT) |
| Management fees | 0.37% p.a. (excl. VAT) |
| Performance fees | N/A |
| Other expenses | 0.04% (excl. VAT) |
| VAT | 0.06% |
| Total expense ratio (TER) | 0.48% (Dec 2024) |
| Transaction costs (TC) | 0.25% (Dec 2024) |
| Total investment charge (TIC) | 0.73% (Dec 2024) |
*Note: The Sygnia SWIX Index Fund was renamed the Sygnia Transnational Equities
Fund with effect from 6 November 2023. Investors agreed via ballot to the amendment
from a tracker fund to an active equity fund.
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. 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 TER’s. Transaction costs are a necessary cost in administering the Financial Product and impacts Financial Product returns. It 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.
Disclaimer
The Sygnia Group is a member of the Association for Savings and Investment SA. Sygnia Collective Investments RF (Pty) Ltd is a registered and approved Manager in Collective Investment Schemes in Securities. Collective investment schemes are generally medium to long-term investments. Sygnia Asset Management (Pty) Limited (FSP 873), an authorised financial services provider, is the appointed investment manager of the Fund. The portfolio may invest in other unit trust portfolios which levy their own fees, and may result in a higher fee structure and that the value of investments / units / unit trusts may go down as well as up. Past performance is not necessarily a guide to future performance. Collective investments are traded at ruling prices and can engage in borrowing and scrip lending. A schedule of fees and charges and maximum commissions is available from the Manager on request. Performance is based on NAV to NAV calculations with income reinvestments done on the ex-div date. Performance is calculated for the portfolio and the individual investor performance may differ as a result of initial fees, actual investment date, date of reinvestment and dividend withholding tax. The Manager does not provide any guarantee either with
respect to the capital or the return of a portfolio. Collective investments are calculated on a net asset value basis, which is the total market value of all assets in the portfolio including any income accruals and less any deductible expenses such as audit fees, brokerage and service fees. Forward pricing is used. All the portfolio options presented are approved collective investment schemes in terms of Collective Investment Schemes Control Act, No 45 of 2002 (“CISCA”). The fund may from time to time invest in foreign countries and therefore it may have risks regarding liquidity, the repatriation of funds, political and macroeconomic situations, foreign exchange, tax, settlement, and the availability of information. The Manager has the right to close any portfolios to new investors to manage them more efficiently in accordance with their mandates. A copy of the Minimum Disclosure Document (MDD) is available on our website: www.sygnia.co.za