Fund Summary
The 10X MSCI World Index Feeder Fund tracks the MSCI World Index by investing in the dollar-based iShares Developed World Index Funds (UCITS), domiciled in Ireland. The MSCI World Index captures the performance of equity securities in the large & mid-capitalization segments of 23 developed market countries, covering approximately 85% of the freefloat-adjusted market capitalisation of each country.
Benefits to Investors
Diversification
Includes large and mid-capitalisation companies
Offshore Exposure
Broad offshore exposure to companies in 23 developed markets
Rand Hedge
The Fund provides exposure to a broad basket of offshore shares in their respective local currencies and thereby provides a rand hedge diversification benefit
Unit Trust Details
| Current price / NAV | R 1.93 |
| Fund size | R 1 975 661 442.16 |
General Fund Details
| Classification | Global - Equity - General |
| Benchmark | MSCI World Net TR Index (ZAR) |
| Distribution dates | June, December |
| Asset manager | 10X Investments (Pty) Ltd |
| Trustee | FirstRand Bank Limited |
| Auditor | PricewaterhouseCoopers Incorporated |
| Risk profile | Aggressive (5/5) |