Unit Trust prices are updated daily at 10am. Fund of Funds are priced each morning, so there may be a delay in updating these.
These funds are not priced on a non-business day and therefore do not reflect a unit price. Prices are calculated on a net asset value (NAV) basis. The single price per unit reflects the total assets of a portfolio, less permissible deductions divided by the number of units in issue. Permissible deductions include costs related to running a portfolio, like:
The Hollard FR co-named funds (as defined in BN 778 of 2011) are registered under the Collective Investment Scheme, managed by FundRock Collective Investments (RF) (Pty) Ltd (“FR”), 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”). Hollard Investment Managers (Pty) Ltd is the FSCA-approved and appointed investment manager of the co-named CIS funds situated at Hollard Villa Arcadia, 22 Oxford Street, Parktown, Johannesburg. Trustee Services are provided by Standard Bank of South Africa Limited, 2 Heerengracht St, Foreshore, Cape Town. Hollard Investments is a division within the Hollard Life Assurance Company Limited and Hollard Investment Managers. Hollard Life Assurance Company Limited (Reg. No. 1993/001405/06), a licensed life insurer, FSP No. 17697, and Hollard Investment Managers (Pty) Ltd (Reg. No. 1997/001696/07), FSP No. 32521, are authorised Financial Services Providers.