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Funds, ETFs & Index Investing

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Funds, ETFs & Index Investing

Flexi-Cap Fund

An equity fund free to invest across large, mid and small-cap companies in any proportion.

Test: minimum 65% in equity with no mandated split across market capitalisation segments qualitative Funds, ETFs & Index Investing

Fund Manager

The individual responsible for making investment decisions within a scheme's mandate.

Test: the named person holds discretion over security selection within the limits set by the scheme document and by regulation qualitative Funds, ETFs & Index Investing

Fund of Funds

A mutual fund that invests in units of other funds rather than directly in securities.

Total Cost = Fund of Funds Expense Ratio + Weighted Average Expense Ratio of the Underlying Funds %