Although information has been obtained from sources believed to be reliable, Investec Wealth & Investment (“W&I”), a division of Investec Securities Proprietary Limited or its affiliates and/or subsidiaries (collectively “ISL”) does not warrant its completeness or accuracy.
Opinions and estimates represent W&I's view at the time of going to print and are subject to change without notice. Collective investment schemes (“CISs”) are generally medium to long term investments and the manager gives no guarantee with respect to the capital or the return of the Fund.
Collective investment schemes trade at ruling prices and can engage in borrowing of up to 10% of fund net asset value to bridge insufficient liquidity and scrip lending. Performance shown is that of the fund and individual investor performance may differ as a result of initial fees, actual investment date, date of any subsequent reinvestment and any dividend withholding tax.
Past performance is not necessarily a guide to future performance. World Axis funds invest in portfolios of foreign CISs. As these levy their own charges, it could result in a higher fee structure for these portfolios. The manager has a right to close the portfolio to new investors in order to manage it more efficiently in accordance with its mandate.
Investments in general and foreign investments in particular involve numerous risks, the specified risks are not intended to be an exhaustive list of the risks of investing in the fund. No security, financial instrument or derivative is suitable for all investors. In some cases securities and other financial instruments may be difficult to value or sell. The price or value of such securities and instruments may rise or fall and in some cases investors may lose their entire principal investment.
Returns and benefits are dependent on the performance of underlying assets and other variable market factors and are not guaranteed. Levels and basis for taxation may change. Exchange rate fluctuations may have an adverse effect on the value of certain investments.
The information contained herein is for information purposes only and readers should not rely on such information as advice in relation to a specific issue without taking financial, banking, investment or other professional advice.
ISL and/or its employees may hold a position in any securities or financial instruments mentioned herein. The information contained in this document does not constitute an offer or solicitation of investment, financial or banking services by W&I.
W&I accepts no liability for any loss or damage of whatsoever nature including, but not limited to, loss of profits, goodwill or any type of financial or other pecuniary or direct or special indirect or consequential loss howsoever arising whether in negligence or for breach of contract or other duty as a result of use of the or reliance on the information contained in this document, whether authorised or not.
W&I does not make representation that the information provided is appropriate for use in all jurisdictions or by all investors or other potential clients who are therefore responsible for compliance with their applicable local laws and regulations.
This document may not be reproduced in whole or in part or copies circulated without the prior written consent of W&I. This communication should not be distributed to private customers who are resident in countries where the Funds are not registered for sale or in any other circumstances where its distribution is not authorised or is unlawful.
In particular, these unit trusts or fund of funds are not available to investors who are US persons as defined per US tax legislation. Additional information on the fund, including information on the EAC can be obtained, free of charge, at https://www.investec.co.za/products-and-services/investing/unit-trusts.html?ad. Fund valuations take place weekly. Purchase and redemption instructions must be received by the Administrator prior to the weekly cut-off time as indicated in the ‘Quick Facts’ section of this document.
Investec World Axis funds are established as protected cells of Investec World Axis PCC Limited, a company registered in Guernsey and approved under the Collective Investments Schemes Control Act 45 of 2002. The Manager, International Fund Management Limited, has appointed W&I as its authorised agent to manage the portfolios. The fund is administered by Praxis Fund Services Limited, Sarnia House, Le Truchot, St Peter Port, Guernsey, CY1 4NA, www.praxisgroup.com. Custodian: ABN Amro (Guernsey) Limited (Registered number: 13263), PO Box 253, Martello Court, Admiral Park, St Peter Port, Guernsey, GY1 3QJ, www.abnamro.gg.
Investec Wealth & Investment, a division of Investec Securities Proprietary Limited. Registration No.1972/008905/07. Member of the JSE Equity, Equity Derivatives, Currency Derivatives, Bond Derivatives and Interest Rate Derivatives Markets. An authorised financial services provider No. 15886. A registered credit provider registration no. NCRCP262.
