iManaged portfolios are individual share portfolios, not unit trusts. The minimum investment is R200,000, and there is a maximum of 10 shares in each portfolio to minimize trading costs, and a very small cash component. Individual shares are registered directly in the client's name, providing ownership and full JSE protection under the JSE Fidelity Fund.
Distinct from the bespoke personalised portfolio management offered by SPW to clients investing over R1 million, the iManaged portfolios are not individually-tailored, but are strictly managed according to model portfolio guidelines, giving clients access to the expertise, experience and excellent track record of the SPW investment team, led by Director of Investments, Alwyn van der Merwe.
A client may at any stage change his or her account status to self-manage the portfolio. There will be no cost to do this as the shares are already in the client's BDA Account with the JSE.
There are currently two portfolios offered; a General Equity Portfolio and Dividend Income Portfolio.
GENERAL EQUITY PORTFOLIO
Objective: Above-average total returns (capital plus income) over an investment horizon of three years or more, by investing in quality shares on the JSE. Ideal investor: The long-term investor seeking concentrated equity exposure.
General Equity Portfolio Fact Sheet
DIVIDEND INCOME PORTFOLIO
Objective: Provide a sustainable and growing income stream while maintaining capital value in real terms over an investment horizon of three years. Ideal investor: The investor seeking a regular income that is both tax efficient and outperforms inflation.
Dividend Income Portfolio Fact Sheet