GRINDROD DIVERSIFIED PREFERENCE SHARE FUND

Important information

1. Collective Investments are generally medium to long term investments.
2. The value of participating interests may go down as well as up and past performance is not necessarily a guide to the future.
3. Collective Investments are traded at ruling prices and can engage in scrip lending.
4. Forward pricing is used.
5. A schedule of fees and charges and maximum commissions is available on request from the company/scheme.
6. Commission and incentives may be paid and if so, are included in the overall cost.
7. This fund may be closed to new investors.
8. Graphs and performance figures are sourced from MoneyMate for lump sum investments including income distribution, at NAV to NAV basis and does not take any initial fees into account.
9. Income is reinvested on the ex-dividend date.
10. Actual investment performance will differ based on the initial fees applicable, the actual investment date and the date of reinvestment of income.
11. Collective Investment prices are calculated on a net asset value basis and auditors fees, bank charges and trustee fees are levied against the portfolio.
12. The portfolio manager may borrow up to 10% of portfolio NAV to bridge insufficient liquidity.
13. The performance FAQ document is kept as a public document at Metropolitan Head office.
14. Metropolitan Collective Investments Ltd is a Full member of the Association of Savings & Investments SA (ASISA).