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The portfolio will invest across countries in financially sound property shares and property related securities listed on African exchanges or companies with operations predominantly in Africa such as property loan stock and debentures. The manager may from time to time invest in participatory interests or any other form of participation in portfolios of collective investment schemes or other similar collective investment schemes as the Act may allow, which are consistent with the portfolio’s investment policy. Where the aforementioned schemes are operated outside South Africa, inclusion is subject to a regulatory environment that provides investor’s protection at least equal to that in South Africa. Nothing in this supplemental deed shall preclude the manager from varying the ratios of securities to best position the portfolio to achieve its objective in a changing economic environment or market conditions and from retaining cash or placing cash on deposit in terms of the deed.
Name | Title | Since | Until |
---|---|---|---|
Keillen Ndlovu | Portfolio Manager | 2012 | Now |
Biography | Keillen began his property fund management career at Standard Bank Properties in 2004, managing its leveraged listed property product. He became a listed property analyst at STANLIB in 2005 and now also co-manages the STANLIB Aggressive Income Fund. |
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