Non Money Market Funds

The fund's main aim is to provide the investor with an actively managed exposure to the money, bond, property, equity and foreign markets in a highly cost effective and efficient manner.  The fund provides a well diversified asset allocation and this is adjusted from time to time from underweight to overweight positions to maximise the potential investment return.  The fund is suitable for the investor with a medium term investment horizon, typically 3 years and longer, who is willing to accept a higher level of short term volatility in exchange for possible higher long term returns.

As a result of the underlying assets the value of the investment may fluctuate from time to time and thus we recommend investors to have a minimum investment horizon of three years.

Premier Fund Fact Sheet

Features of the Premier Fund:

• Minimum investment amount of N$10,000
• Minimum monthly investment amount of N$1,000
• Distributions are declared on a quarterly basis and is reinvested automatically.  No fees charged on reinvestment of distributions
• Monthly statements
• Initial charge of 0.50%
• Management fee of 1.00% per annum

Fund Mandate

Property Fund

The Bank Windhoek Property Fund offers the investor a cost effective and convenient way to invest in commercial, industrial and retail property. The fund comprises of a selected range of listed property companies and offers the investor a widely diversified portfolio of prime property investments primarily in South Africa, and to a lesser extent Namibia and selected international centres. The fund focuses on offering attractive levels of income distributions coupled with long term capital growth.

We provide selected historical information to illustrate the relative performance of the listed property sector and other investments in the money market, equities and a direct investment in the Windhoek residential property market.  

The investment may fluctuate from time to time and thus we recommend investors to have a minimum investment horizon of 3-5 years.

Click on the link below for more information:

Property Fund Fact Sheet

Features of the Property Fund:

• Minimum investment amount of N$10,000
• Minimum additional investment amount of N$1,000
• Distributions are declared on a quarterly basis and is reinvested automatically.  No fees charged on reinvestment of distributions
• Monthly statements
• Initial charge of 0.75%
• Management fee of 1.25% per annum

Equity Fund

The Equity Fund is a general equity fund with a medium to high risk profile. The fund's main aim is to provide the investor with an exposure to a widely diversified range of listed equities, offering the investor a convenient and cost effective way to gain exposure to the equity market.  The fund is suitable for the investor seeking a hight level of capital growth coupled with a moderate level of current income.

The investment may fluctuate from time to time and thus we recommend investors to have a minimum investment horizon of 5 years.

Equity Fund Fact Sheet

Features of the Equity Fund:

• Minimum investment amount of N$10,000
• Minimum additional investment amount of N$1,000
• Distributions are declared on a quarterly basis and is reinvested automatically.  No fees charged on reinvestment of distributions
• Monthly statements
• Initial charge of 0.75%
• Management fee of 1.50% per annum

Enhanced Bond Fund

The fund is a general bond fund. The fund's primary objective is to provide its holders with exposure to the Namibian and South African fixed interest rate market and in doing so provide the highest level of total return to the unit holders. The fund is suitable for investors with a medium term investment horizon who require a stable level of current income coupled with the potential for capital appreciation over the medium term. The fund has a low to medium risk profile. The fund's benchmark is the BESA All Bond Index.

The investment may fluctuate from time to time and thus we recommend investors to have a minimum investment horizon of 4 years.

Enhanced Bond Fund Fact Sheet

Features of the Enhanced Bond Fund:

• Minimum investment amount of N$10,000
• Minimum additional investment amount of N$1,000
• Distributions are declared on a quarterly basis and is reinvested automatically.  No fees charged on reinvestment of distributions
• Monthly statements
• Initial charge of 0.50%
• Management fee of 1.00% per annum

For more information regarding all Non Money Market Funds please contact Investor Services for Fouche Brand at + 264 (61) 299 1945 or Wim Boshoff at + 264 (61) 299 1948