Anchor EasyETFs Aspirant Global Equity Actively Managed ETF

Anchor EasyETFs Aspirant Global Equity AMETF being a portfolio under the EasyETFs Scheme in terms of the Act

The portfolio will be an actively managed exchange traded fund (“ETF”) listed on the Exchange. The portfolio’s primary objective is to achieve long-term capital growth, by investing predominantly into global equity securities listed on recognised foreign exchanges.

The portfolio will be managed in accordance with the investment limitations applicable to the ASISA Global - Equity - General portfolio classification category.

The portfolio will follow a research-driven investment strategy, informed by the Manager’s macro-economic outlook and market assessments. Investments will predominantly include individual global equity securities and participatory interests in portfolios of collective investment schemes that align with the portfolio’s objectives, selected through robust due diligence, across all industry groups and market capitalisations, appropriate to the portfolio’s global equity profile. The strategy will emphasise capital growth, while managing volatility, with an investment risk profile consistent with high equity exposure.

To achieve its objective, the portfolio will invest predominantly in global equity securities and global participatory interests in equity portfolios of collective investment schemes (including ETFs), consistent with the ASISA Global - Equity - General portfolio classification category. The assets in liquid form will consist of cash in the portfolio’s bank accounts, participatory interests in money market portfolios of collective investment schemes, and money market instruments (in accordance with the Determination of money market assets that would be applicable for inclusion within a money market portfolio of collective investment schemes), for liquidity management. The portfolio may include the following supplementary investments, to the extent that they remain consistent with the portfolio’s objective, and its classification as a global equity portfolio:
• listed and unlisted financial instruments;
• long-term deposits;
• listed property;
• bonds;
• debentures and securitised debt;
• warrants, certificates, and other instruments that acknowledge, confer, or create, rights to subscribe to, acquire, dispose of, or convert, securities and instruments, subject to the conditions set out in applicable legislation.

The portfolio is permitted to invest in foreign assets, and listed and unlisted financial instruments, subject to the conditions set out in applicable legislation.

The portfolio may also include participatory interests or any other form of participation in portfolios of collective investment schemes or other similar schemes, in addition, the portfolio may invest in exchange traded funds or exchange traded notes, whether organized as a portfolio of a collective investment scheme or not, subject to the conditions of the Act. Where the schemes are operated in territories other than in South Africa, participatory interests or any other form of participation in these schemes will be included in the portfolio only where the regulatory environment is to the satisfaction of the Manager and Trustee and is of a sufficient standard to provide investor protection at least equivalent to that in South Africa.