CfC Simba Fund

What is the CfC Simba Fund?

The CfC Simba Fund is a medium term collective investment scheme that invests in a diversified spread of equities and fixed-income securities with the primary objective being to seek long-term capital growth and income consistent with moderate investment risk from a wide range of securities

Investor Profile:

Individuals:

The CfC Simba Fund is designed for individuals who have cash available to invest over the medium-term to long-term. The fund effectively provides an investment opportunity for individuals who require medium risk, and protection against inflation.

Institutional:

The CfC Simba Fund is designed for investors who traditionally hold large cash balances but who need extra returns at moderate risk. Institutional investors benefit from institutional a well-diversified investment at marginal fees. The fund is suitable for institutional investors who require undivided participation in a well-diversified portfolio of market instruments. The product is also well suited for Individual Retirement Benefits Scheme.

How does the fund work?

Individual investor's funds are pooled together to form a bulk investment. It provides you with the opportunity to enjoy a wholesale rate of return, normally associated with large corporate investors. The fund is diversified in various securities and an investor receives units based on the value of the underlying securities and the amount invested. For example, if on a particular day, the price of a unit is Kshs.100 (computed by dividing the Net Asset Value by the total number of units), an investor investing Kshs.200,000.00 will receive 2,000 units.

By investing in the CfC Simba Fund you enjoy:

High Liquidity

Investors are able to withdraw funds at short notice, with no minimum 'lock-in' investment periods or penalty fees.

Medium Security

The fund has less volatility of each investment category as prices of equities and fixed income securities move in opposite directions.

Higher Returns

The fund is priced daily on a Net Asset Value basis. The daily price depends on the price of the underlying securities. To calculate the value of your investment, simply multiply the daily price by the number of units held.

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Investment Strategy

The investment universe of the CfC Simba Fund includes securities listed at the NSE, Government securities, any other security not listed on a recognized Securities Exchange in Kenya including 17 other Collective Investment Schemes, Immovable Property and Offshore Investments.

The investments are structured into an optimal asset allocation that takes into account the prevailing economic conditions with a view of maximizing total returns while minimizing the fund's risks.

How to Invest and Disinvest

Investing

Our procedures are designed to be investor friendly. An application form is available from your personal advisor and needs to be completed and submitted. Once this has been done and identity verified, you can then deposit the funds into the Unit Trust bank accounts through either an EFT or depositing a bankers' cheque into our In-Flow Account and attaching the payment slip as proof of payment. The financial advisor will also advise on all the documentation required (KYC requirement).

Disinvesting

By simply completing and having the authorised signatories sign the appropriate form; your funds will be readily available within 4 working days. Withdrawal of funds can be made either on a total or partial basis. Transfers will take place electronically into the client's account. For security reasons, payments will only be made to original account holders; no third-party payments will be made.

Investment Amounts

Minimum	Kshs 100,000.00
Minimum additional investment	Kshs 20,000.00
Minimum balance required on investment	Kshs 100,000.00

Fee Structure

Initial Fee	4.50% - 5.00%
Annual Management Fee	2.0%
Exit fee	Kshs 0

About the Fund

Fund Manager	Stanbic Investment Management Services (EA) Ltd
Launch Date	July 2009
Risk Profile	Medium
Trustee	KCB
Custodian	Standard Chartered Custody Services
Auditors	Pricewaterhouse Coopers

Disclaimer
The price of shares and the income there from the collective investment scheme pays dividends may go down as well as up. Investors are reminded that in certain specified circumstances their right to redeem their shares may be suspended.

Stanbic Unit Trust Funds are approved by the Capital Markets Authority. The Authority does not take responsibility for the financial soundness of the scheme or for the correctness of any statements made or opinions expressed in this regard. The terms and conditions of investment with respect to Stanbic Unit Trust Funds are governed by duly registered Information Memorandum and Trust Deeds.