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In October 2006, Harvard House Investment Management launched two unit trusts to broaden their offering to clients, and offer additional flexibility to meet client requirements.
- Harvard House General Equity Fund offers investors a long term growth portfolio, based on our tried and proven investment philosophy of growth at a reasonable price, with a focus on growing the income yield consistently over time.
- Harvard House Flexible Income Fund
is a more conservative fund that
offers investors primarily an income based portfolio with moderate capital growth
over time. This fund is for those who require a regular income
stream.
- Both funds are Collective Investment Schemes under the governance
of the Financial Services Board of South Africa and regulated
by the Collective Investment Schemes Act. They are white labeled
products registered under the Metropolitan Collective Investments
Schemes license.
| :: Harvard House - General Equity Fund |
| Fund manager: |
Michael Porter & Willie Pelser |
| Asset classes: |
South African equities |
| Benchmark: |
FTSE/JSE All Share Index |
| Distribution dates: |
30 June and 31 December |
| Fees: |
| Annual |
1.25% (excl VAT) |
| Initial |
Maximum of 3.25%, no initial fee applicable to HH Clients |
 Fact
Sheet - Download
here [95kb]
Application Form For South African Residents - click here to download (201kb)
| :: Harvard House - Flexible Income Fund
Overview: |
| Fund manager: |
Willie Pelser & Michael Porter |
| Asset classes: |
South African fixed income securities, preference shares, listed property and cash |
| Benchmark: |
BEASSA Albi (1-3 year subindex) Index |
| Distribution dates: |
31 March, 30 June, 30 September, 31 December |
| Fees: |
| Annual |
1.00% (excl VAT) |
| Initial |
Maximum of 3.25%, no initial fee applicable to HH Clients |
Fact
Sheet - Download
here [84kb]
Application
Form For South African Residents - click
here to download (201kb)
After printing and signing the application form, deliver the
completed form together with
the necessary FICA requirements for processing.
The unit trust portfolios are registered under the Metropolitan
Collective Investments Schemes license. Custodian: Standard Executors & Trustees:
Tel (021) 401-2286. Collective Investments are generally medium
to long term investments. The value of participating interests
may go down as well as up and past performance is not necessarily
a guide to the future. Collective Investments are traded at ruling
prices and can engage in script lending. Forward pricing is used.
Commission and incentives may be paid and if so, are included
in the overall cost. This fund may be closed to new investors.
Collective Investment prices are calculated on a Net Asset Value
basis and auditor's fees, bank charges, trustee and RSC levies
are levied against the portfolio. The portfolio manager may borrow
up to 10% of portfolio NAV to bridge insufficient liquidity.
Metropolitan Collective Investments is a member of the ACI and
is an authorised Financial Services Provider. Should you have
any further queries or complaints please contact: Metropolitan
Collective Investments Ltd Call Centre, Tel: 0860 100 279, Fax:
(021) 940 5885, PO Box 925 Bellville, 7535 Email: metunit@metropolitan.co.za.
If your complaint has not been resolved to your satisfaction,
kindly contact our Complaints Resolution Committee, Tel: (021)
940 5880, Fax: (021) 940 6205, Email: emoruck@metropolitan.co.za.
For your information, the FAIS ombudsman provides an independent
and objective advisory service. Should you not be satisfied with
the outcome of a complaint handled by Metropolitan, please write
to, The Ombudsman, PO Box 74571 , Lynnwoodridge, 0040. Telephone
(012) 470 9080/99. Fax (012) 348 3447.
Email: info@faisombud.co.za
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