OVERVIEW

Global Maximum Return Fund
March 2024

INFORMATION
DISCLOSURE

Total Expense Ratio
0.97%
Benchmark
G7 inflation plus 4%
Equity Exposure
The Fund will have equity exposure of between 40% and 100% at all times.
Risk Profile
High
Fund Size
$ 67.8 million

About

Investment Objective
The investment objective of the Fund is to achieve long term capital growth in excess of G7 inflation plus 4%. The Fund will seek to diversify investments across various asset classes whilst investing a minimum of 40% of the Net Asset Value of the Fund directly in global equity securities and/or indirectly through investment in Underlying Funds. The Fund is not focused on any specific geography, industry or sector. The Fund intends to invest in transferable securities in the form of global equities, real estate investment trusts, global bonds, global cash and cash equivalents which are listed on recognized markets. This objective is not guaranteed.
Characteristics
This is a global aggressive allocation portfolio, which means that the portfolio may have a maximum equity exposure of up to 100% at all times. The fund will invest a minimum of 40% of its assets directly in global equity securities and/or indirectly through investment in underlying funds providing the opportunity for long-term capital growth. The fund is not focused on any specific geographical area, industry or sector.
Risk Reward Profile
Typically, the lower the risk, the lower the potential return and the higher the risk, the higher the potential return. There is no guarantee that returns will be higher when investing in a portfolio with a higher risk profile. The risk profile for this portfolio is rated as high, as it may invest up to 100% in equity securities globally.

ASSET
ALLOCATION

Equity
95.76%
Property
1.89%
Cash
1.21%
Bonds
1.01%
Local Equity
0.11%
Local Property
0.02%

UNDERLYING
HOLDINGS

iShares Core MSCI World UCITS ETF
18.07%
iShares MSCI ACWI UCITS ETF
18.04%
iShares MSCI Global Multifactor ETF
17.93%
Fundsmith Equity Fund
11.99%
SPDR MSCI World UCITS ETF
10.01%
Vanguard Global Equity Fund
9.35%
Berkshire Hathaway
8.13%
iShares Core MSCI EM IMI UCITS ETF
2.46%
Global Direct Equity
1.91%
Cash
1.13%
iShares USD Floating Rate Bond UCITS ETF
0.98%

ANNUALISED
PERFORMANCE

Highest 1 year rolling return
39.52%
Lowest 1 year rolling return
-21.75%
* Benchmark: G7 inflation plus 4%

PORTFOLIO
MANAGEMENT

Investment Manager and Advisor
Chrome Global Wealth Solutions and SIP Mauritius are the investment advisors to the Fund, with Ci Global Fund Managers ICC Limited acting as the investment manager.
Management Company
The fund is a sub-fund of Ci Global Investments RIAIF ICAV, an open-ended umbrella type Irish collective asset-management vehicle with variable capital and with segregated liability between sub-funds, authorised by the Central Bank of Ireland, as a Retail Investor Alternative Investment Fund (“RIAIF”). Sanlam Asset Management (Ireland) Limited, authorised by the Central Bank of Ireland as an Alternative Investment Fund Manager (“AIFM”) is the appointed AIFM to the fund and is licensed as a Financial Services Provider in terms of Section 8 of the South African FAIS Act. This fund is Section 65 approved under the Collective Investment Schemes Control Act 45, 2002 (“CISCA”).

ADDITIONAL
INFORMATION

Launch Date
20 August 2019
Opening Nav Price
$10
Fund Size
$ 67.8 million
Classification
USD Aggressive Allocation
Domicile
Ireland
Base Currency
USD
Minimum Initial Investment
$10,000
Transaction cut-off time
16h00 (Irish time) on T-1
Valuation time
24h00 (South African time)
Frequency of pricing
Daily, on days that banks in Dublin and Guernsey are open for business
Daily Pricing publication
Daily NAV prices are published on AIFM's website
Annual fees levied against the Fund (Max % or amount comprising the TER)
Distributor Fee
Max 0.03% net assets p.a
Administration Fee
Max 0.03% net assets p.a
Depositary Fee
Max 0.015% net assets p.a.
Registrar and Transfer Agent Fee
$3,000
AIFM and IM Fee
0.14%
Investment Advisor Fee
0.40%
Performance Fees
N/A
Total Expense Ratio
0.97%
Fees Retail Class (%)
Initial Advice Fee
Negotiable between client and advisor
Annual Advice Fee
Negotiated fee paid by repurchase of shares