Maestro launched its first unit trust, the Maestro Equity Fund*, in July 2005. Prior to this, Maestro offered only segregated portfolio management with a high minimum threshold for investment. The company’s services and investment abilities were therefore beyond the reach of average investors. By establishing a widely accessible unit trust, the general investing public can now access Maestro’s investment abilities in a cost-effective and rewarding manner.
The Maestro Equity Fund* falls into the "Domestic – General Equity Funds" category of the Association of Collective Investments fund classification. It has a minimum investment requirement of R100 000 and is, in most other respects, a typical equity unit trust: it prices daily and clients are kept abreast of developments within the Fund via a monthly Fund Summary.
The Fund mirrors the investment view that Maestro applies to all it’s private client portfolios, and therefore affords investors who do not have the necessary minimum amounts, an equal opportunity to benefit from Maestro’s 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 Fund*:
* This portfolio operates as a white label fund under the Prescient Unit Trust Scheme