Fund Information

Verso Money Market Fund

Objective
To deliver high levels of income in excess of returns available through fixed term deposits and call accounts offered by banks, while providing investors with capital protection and the stability of monthly returns and liquidity. The Fund’s average duration may not exceed 90 days.

Features
The Fund’s focus is capital preservation with minimal volatility. It is an alternative to current and savings accounts and is an ideal vehicle to “park” money in the short-term. It is a highly liquid investment.

Investor profile
The Fund is suitable for investors who are risk averse and/or require monthly income distributions.

Verso Income Planner

Objective
To provide regular, stable and above average income returns, while protecting the value of the capital invested.

Features
The objective of stable income returns and capital preservation will be reached by investing in a combination of cash, bonds and bond derivative instruments. Income enhancement will be generated by investing in bond and property instruments.

Investor profile
The Portfolio is suitable for investors who:

  • Are looking for current income with capital preservation;
  • Require stable investment returns;
  • Expect returns in excess of cash;
  • Prioritise nominal wealth protection over generating real returns.

Verso Secure Growth

Objective
To provide consistent performance with low volatility and to deliver positive nominal returns over a rolling 12-month period, with a real return over a rolling 24-month period.

Features
The Portfolio invests in a combination of collective investment schemes which invest in equities, bonds, money market instruments and property. Asset allocation is actively managed within the portfolio to ensure balance between market participation and capital preservation.

Investor profile
The fund is suitable for investors who:

  • Are risk averse and have a short term investment horizon;
  • Seek capital preservation combined with some level of participation in equity markets;
  • Are willing to accept a very small level of volatility but not nominal capital loss;
  • Are nearing retirement and are invested in retirement schemes and individual saving via living annuities, preservation funds and retirement annuities.

Verso Balanced Growth

Objective
To generate capital growth in excess of inflation over a rolling 3 year period while trying to prevent large capital losses over the short term.

Features
The Portfolio invests in a combination of collective investment schemes which invest in equities, bonds, money market instruments and property. Effective exposures to each asset class fall within the limits set by the Pension Funds Act, i.e. the portfolio is Regulation 28 compliant.

Investor profile
The fund is suitable for investors who:

  • Want to increase the real value of their investment over the medium to long term;
  • Require an equal balance between the degree of risk and the potential rate of return; the volatility of the Portfolio should be less than the market as a whole;
  • Are part of retirement schemes as well as individuals saving via living annuities, preservation funds and retirement annuities.

Verso Long Term SA Equity

Objective
To maximise returns over the FTSE/JSE SWIX without necessarily incurring a higher level of risk. A minimum of 75% of the fund’s assets will be invested in domestic equities at all times.

Features
The fund is actively managed and invests in South African equities. Verso Multi Manager enters into segregated mandates with equity managers. Managers with specific styles are chosen and we maximise returns by optimally blending the styles. The Fund is not restricted to any specific style.

Investor profile
The Fund is suitable for investors seeking exposure to domestic equity with maximum capital appreciation as their primary goal over the long term.

Underlying Managers
Investec
Cannon
Kagiso
Nedgroup

Verso Long Term International Equity

Objective
To maximise returns over the MSCI World Index without necessarily incurring higher levels of risk. A minimum of 75% of the fund’s assets will be invested in equities at all times.

Features
The Fund is a rand denominated offshore general equity Fund of Funds. The Fund will cover a broad range of investment philosophies in order to achieve the investment objectives of the portfolio.

Investor profile
The Fund is suitable for investors seeking exposure to international equities with maximum capital appreciation as their primary goal over the long term.