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| prepared by the Research and Investment Management team of acsis Disclaimer: Although every care is taken in compiling this document and the information therein, acsis Limited ("acsis") and the various managers do not guarantee the accuracy thereof. The investment strategies and underlying portfolios are registered collective investment portfolios, managed by Strategic Investment Service Management Company Limited (a member of the ACI), and should be viewed as medium to long term investments. The value of investments may go down as well as up and past performance is not necessarily a guide to the future. No guarantees are offered in respect of investment returns and/or capital invested. This document is not intended as advice and investment decisions should be made in consultation with your financial planner. acsis Reg. No. 1999/008036/06 6th Floor, The Terraces, 25 Protea Road, Claremont, PO Box 44604, Claremont 7735, South Africa Tel:+27 (21) 670 7800 Fax: +27 (21) 683 2831 email: help@acsis.co.za www.acsis.co.za acsis is the exclusive licence holder in perpetuity of the ipac licence in South Africa. acsis is registered as a financial services provider by the Registrar of Financial Services Providers - Licence No. 26/10/588 |
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