STANLIB SA Equity B3
The STANLIB SA Equity Fund is a general portfolio. In selecting securities the manager shall seek to achieve an investment medium for investors, which shall have as its primary objectives steady growth of income and capital in the longer term. The securities normally to be included in the portfolio will consist of financially sound ordinary shares from a broad spectrum of the sectors of the JSE Securities Exchange South Africa and, when appropriate, other securities, including, inter alia, non-equity securities, shares, stock including loan stock as defined in section 1 of the Financial Markets Control Act, 1989, or any subsequent amendment or replacement statute, financially sound preference shares, debenture stock, debenture bonds, unsecured notes, all to be acquired at fair market prices. The trustee shall ensure that the STANLIB SA Equity Fund is managed in such a way that it is not identical to the STANLIB Equity Fund.