Orchestrating Your Wealth

Investment performance

Funds

At Maestro, the bulk of assets are managed in segregated (separate) portfolios, i.e. where the assets are invested in the client's own name or the name of their entity, for example, a trust. This applies to both private client portfolios and institutional client funds.

However, there are a number of benefits to be obtained by managing collective investment solutions i.e. where investor assets are pooled into one (collective) portfolio, such as that of a unit trust or other types of 'pooled vehicles' such as retirement funds, retirement annuities, living annuities, etc. We do not see these collective schemes or 'products' as an end in themselves, but rather as a means to help investors achieve their respective investment objectives.

Maestro currently manages the following investment funds:

Maestro Global Balanced Fund

The Maestro Global Balanced Fund is an investment-linked, long-term Endowment Policy, issued by Prescient Life, designed to provide investors with a tax-efficient way of investing outside of South Africa.Maestro launched the endowment policy – The Maestro Global Balanced Fund – in November 2017. Maestro has the ability to remit clients’ assets offshore. However, when Maestro reached the SARB-imposed limit of 40% of retail assets under management towards the end of 2017, it established the Maestro Global Balanced Fund to continue offering its existing and prospective clients the opportunity to externalize their assets.

The reference currency for the Maestro Global Balanced Fund is South African rand although it is effectively an offshore investment by virtue of the fact that all its assets are invested into Central Park Global Balanced Fund, which is a dollar-denominated global unit trust.

The Maestro Global Balanced Fund represents a destination for South African and global investors seeking a stable and conservative investment vehicle. The Fund has been established with a flexible mandate to allow the maximum use of investment opportunities across the traditional range of asset classes.

The following forms pertain to activity surrounding the Maestro Global Balanced Fund:

An introduction to the Fund
Latest Fund Summary
Back copies of Maestro Global Balanced Fund Summary

Application form (Corporates)
Application form (Legal Entities)
Application Form (Individuals)

You can contact us for any further inquiries about the Maestro Global Balanced Fund by emailing us at info@maestroinvestment.co.za.

Unit price at
30-September-2018

Class A: 96.42 c

Central Park Global Balanced Fund

The Central Park Global Balanced Fund is a private unit trust (mutual fund) based in the British Virgin Islands. It invests across global equity, bond and cash markets and across different currencies. It is important to note that Central Park Global Balanced Fund has not been approved by the South African regulator, the Financial Services Board, for sale to the retail public. However, we are authorized to use it internally and make it available to all Maestro clients.Central Park Global Balanced Fund was established in June 2004 to accommodate clients who would like to invest some or all of their assets offshore. With a minimum investment of $100 000, the Fund aims to produce above-average long-term returns by investing in global equity, bond and cash markets. Central Park Global Balanced Fund is domiciled in the British Virgin Islands and is subject to the regulatory regime of the aforementioned’s Financial Services Commission.

In addition, Central Park Global Balanced Fund endeavours to assume less risk than that of the markets in which it is invested and it invests both directly into shares and into investment funds in order to achieve the required level of diversification. In keeping with our investment philosophy, Central Park Global Balanced Fund is managed conservatively in order to secure optimal growth through a variety of market conditions.

Central Park Global Balanced Fund has a 'global balanced mandate' enabling it to invest in any geographic region and across any asset class. To that end the Fund invests in equities, bonds, cash and alternative investments such as private equity investments and hedge funds, although the two latter types of investments form only a small component of the Fund. The Fund is able to invest into developed markets as well as emerging markets.

Central Park Global Balanced Fund is an ideal solution for global investors seeking a stable investment solution that yields results. The flexibility of the Fund’s mandate allows it to invest across many different types of assets and in many different regions, although all changes to the asset allocation take place gradually and do not detract from Maestro’s core investment philosophies and values.

The following forms pertain to activity surrounding Central Park Global Balanced Fund:

An introduction to the Fund
Latest Fund Summary
Back copies of Central Park Fund Summary
Subscription form
The Fund's wiring instructions
Private Placement Memorandum

For any further inquiries about Central Park Global Balanced Fund please contact us at info@maestroinvestment.co.za.

Unit price at
31-Jul-2018

Class A: 145.354 c
Class B1: 134.100 c

Maestro Equity Fund

The Maestro Equity Prescient Fund is a general equity unit trust that invests solely in the South African share market.Maestro launched its unit trust – the Maestro Equity Prescient Fund – in July 2005. The Maestro Equity Prescient Fund operates as a white-label fund under the Prescient Unit Trust Scheme. Prior to this, Maestro offered only segregated portfolio management with a high minimum threshold for investment. By establishing a widely accessible unit trust, the average investor can now access Maestro’s funds services in a manner that is both cost-effective and rewarding.

The Maestro Equity Prescient Fund falls into the "Domestic – General Equity Funds" category of fund classification. The Fund is a typical equity unit trust: it prices daily and clients are kept abreast of developments within the Fund via a monthly Fund Summary. We also issue a Quarterly Report which incorporates the current Maestro Market Commentary.

The Maestro Equity Prescient Fund mirrors the investment view that Maestro applies to all its private client portfolios and therefore affords investors who do not have the necessary minimum in assets an equal opportunity to benefit from our expertise. It also gives intermediaries with whom Maestro has long-standing relationships the opportunity to do business with the company.

The following forms pertain to activity surrounding the Maestro Equity Prescient Fund:

An introduction to the Fund
Latest Fund Summary
Back copies of Equity Fund Summary

Application form (Legal Entities and Trusts)
Application form (Individuals)
Additional Application Form
The Fund's bank details
Redemption form
Switch form

You can contact us for any further inquiries about the Maestro Equity Prescient Fund by emailing us at info@maestroinvestment.co.za.

Unit price at
31-Aug-2018

Class A: 2994.700 c
Class B1: 3007.760 c

Maestro Growth Fund

The Maestro Growth Fund is a pooled (collective) portfolio. It complies fully with Regulation 28 of the Pension Funds Act, which governs how much risk a retirement fund may take. As such it is a suitable investment destination for retirement funds, retirement annuities and living annuities. It invests across local equity, bond, and cash markets and has an offshore component. Of our Regulation 28-compliant funds, The Maestro Growth Fund has the greatest exposure to equity markets.

The following forms pertain to activity surrounding the Maestro Growth Fund:

Latest Fund Summary

Back copies of Growth Fund Summary

For any further inquiries about the Maestro Growth Fund you can contact us at info@maestroinvestment.co.za.

Unit price at
30-Sep-2018

Class A: 206.290 c

Maestro Balanced Fund

The Maestro Balanced Fund is a pooled (collective) portfolio. It complies fully with Regulation 28 of the Pension Funds Act, which governs how much risk a retirement fund may take. As such it is a suitable investment destination for retirement funds, retirement annuities and living annuities. It invests across local equity, bond, and cash markets and has an offshore component.

The following forms pertain to activity surrounding the Maestro Balanced Fund:

Latest Fund Summary

Back copies of Balanced Fund Summary

For any further inquiries about the Maestro Balanced Fund you can contact us at info@maestroinvestment.co.za.

Unit price at
30-Sep-2018

Class A: 200.980 c

Maestro Cautious Fund

The Maestro Cautious Fund is a pooled (collective) portfolio. It complies fully with Regulation 28 of the Pension Funds Act, which governs how much risk a retirement fund may take. It is a suitable investment destination for retirement funds, retirement annuities and living annuities. It invests across local equity, bond, and cash markets and has an offshore component. As its name suggests, The Maestro Cautious Fund is a conservative investment solution and as such has the least exposure to equity markets of our Regulation 28-compliant funds and has no exposure to global investment markets.

The following forms pertain to activity surrounding the Maestro Cautious Fund:

Latest Fund Summary

Back copies of Cautious Fund Summary

For any further inquiries about the Maestro Cautious Fund you can contact us at info@maestroinvestment.co.za.

Unit price at
30-Sep-2018

Class A: 204.860 c

Maestro Enhanced Cash Fund

The Maestro Enhanced Cash Fund is a pooled (collective) portfolio which only invests in the cash market. It complies fully with Regulation 28 of the Pension Funds Act, which governs how much risk a retirement fund may take. As such is a suitable investment destination for retirement funds, retirement annuities and living annuities that require an extremely conservative investment stance.

For any further inquiries about the Maestro Enhanced Cash Fund you can contact us at info@maestroinvestment.co.za.

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