INVESTMENT MANDATE ASISA GUIDELINE: Comparable to SA Multi Asset Low Equity
DESCRIPTION: Cautious Income Portfolio
PORTFOLIO OBJECTIVE RETURN: Benchmark: SA CPI + 3%
RISK: It has a Conservative to Moderate risk profile and is suitable for investors seeking to preserve capital over the short to medium term.
INVESTMENT HORIZON: This portfolio is aimed at members who have a mediumtime horizon (3 years and longer)
TAX CONSIDERATIONS: Tax efficient funds will be used where appropriate, but as the portfolio is available for both discretionary and contractual products, this will not be at the expense of returns.
REGULATORY CONSIDERATIONS: The portfolio will only invest in regulated collective investment schemes domiciled in SA.
Other regulatory constraints: The portfolio is Reg. 28 compliant and suitable for pension investments.