New Road Capital (Pty) Ltd, 2017/650486/07 and FSP number 50488, is an authorised discretionary financial services provider under the Financial Advisory and Intermediary Services Act (No. 37 of 2002). The information and any opinions displayed herein are of a general nature and do not constitute advice. New Road Capital takes all care to provide current and accurate information as at the date of publication but accepts no liability for errors, omissions or subsequent changes. Any references to data, assumptions, targets, benchmarks or examples are as indicators or illustrations only and are not fixed or guaranteed and clients should not assume any performance or guarantees apply unless such has been explicitly confirmed in writing. Past investment performance is not necessarily indicative of future performance. As clients remain responsible for the investment, product and counterparty risks of their decisions, they should consult with their advisors and independently assess and confirm all material information before taking any action.
The NEW ROAD CAPITAL co-named funds (as defined in BN 778 of 2011) are registered under Boutique Collective Investments (RF) (Pty) Ltd (“BCI”), a registered Collective Investment Schemes Management Company in terms of the Collective Investment Schemes Control Act 45 of 2002, supervised by the Financial Sector Conduct Authority (‘FSCA’).
New Road Capital (Pty) Ltd, is the FSCA approved and appointed investment manager of the co-named CIS funds.
Boutique Collective Investments Disclaimer:
Boutique Collective Investments (RF) (Pty) Ltd (“BCI”) is a registered Manager of the Boutique Collective Investments Scheme, approved in terms of the Collective Investments Schemes Control Act, No. 45 of 2002 and is a full member of the Association for Savings and Investment SA.
Collective Investment Schemes in securities are generally medium to long term investments. The value of participatory interests may go up or down and past performance is not necessarily an indication of future performance. The Manager does not guarantee the capital or the return of a portfolio. Collective Investments are traded at ruling prices and can engage in borrowing and scrip lending. A schedule of fees, charges and maximum commissions is available on request. BCI reserves the right to close the portfolio to new investors and reopen certain portfolios from time to time in order to manage them more efficiently. Additional information, including application forms, annual or quarterly reports can be obtained from BCI, free of charge. A fund of funds is a portfolio that invests in portfolios of collective investment schemes that levy their own charges, which could result in a higher fee structure. Income funds derive their income from interest-bearing instruments in accordance with Section 100(2) of the Act. The yield is a current yield and is calculated daily.
Boutique Collective Investments (RF) Pty Ltd retains full legal responsibility for the third party named portfolio.
Performance figures quoted for the portfolios are from Morningstar, as at the date of this document for a lump sum investment, using NAV-NAV with income reinvested and do not take any upfront manager’s charge into account. Income distributions are declared on the ex-dividend date. Actual investment performance will differ based on the initial fees charge applicable, the actual investment date, the date of reinvestment and dividend withholding tax. Annualised return is the weighted average compound growth rate over the period measured.
Investments in foreign securities may include additional risks such as potential constraints on liquidity and repatriation of funds, macroeconomic risk, political risk, foreign exchange risk, tax risk, settlement risk as well as potential limitations on the availability of market information.
Although reasonable steps have been taken to ensure the validity and accuracy of the information in this document, BCI does not accept any responsibility for any claim, damages, loss or expense, however it arises, out of or in connection with the information in this document, whether by a client, investor or intermediary. This document should not be seen as an offer to purchase any specific product and is not to be construed as advice or guidance in any form whatsoever. Investors are encouraged to obtain independent professional investment and taxation advice before investing with or in any of BCI/the Manager’s products.
New Road Capital (Pty) Ltd, 2017/650486/07 and FSP number 50488, is an authorised discretionary financial services provider under the Financial Advisory and Intermediary Services Act (No. 37 of 2002).