FANews
FANews
RELATED CATEGORIES
CategoryInvestments

Glacier by Sanlam launches the Glacier Global Stock Feeder Fund

20 March 2017Glacier by Sanlam

In partnership with global asset manager Dodge & Cox, Glacier is bringing investors the opportunity to invest in an actively managed global equity portfolio through the Glacier Global Stock Feeder Fund.

The fund is rand-denominated and invests directly into the Dodge & Cox Global Stock Fund (USD class), using Glacier’s asset swap capacity, which means investors will not have to externalise capital. The fund also provides a hedge against a weakening rand. The Dodge & Cox Global Stock Fund has been approved by the Financial Services Board for investment by local investors.

While the rand-denominated global fund universe is dominated by local asset managers applying their trade in offshore markets, Glacier believes there is a need to provide South African investors with access to the skill of true global asset managers.

 

Quick Polls

QUESTION

The first phase of RDR is upon us. Is your practice ready to move from commissions based to fees based?

ANSWER

Yes. Its good practice, my clients deserve the best advice at an appropriate price.
No. I don’t think any practice will be 100% ready to become fee based.
AE fanews magazine
FAnews August 2017 EditionGet the latest issue of FAnews

This month's headlines

The art of storytelling
Bespoke cover: a new visit to the tailor
Distribution of assets on the death of a member
Climate change demands revised thinking
Paint risk based masterpieces
The uptown funk of smart payslips
Subscribe now