Imara MET Income Fund

The Imara MET Income Fund is an enhanced income portfolio. The investment objective of the portfolio is to provide investors with a high level of income combined with capital preservation. The fund will invest in equity and non-equity securities, fixed interest instruments (including, but not limited to, bonds, corporate bonds, inflation linked bonds, convertible bonds, cash deposits, money market instruments and assets in liquid form), debentures, preference shares and property securities as well as any other income enhancing securities which are considered consistent with the portfolio’s primary objective and that the Act may allow from time to time.

Equity exposure will be limited to a maximum of 10% of the portfolio. The manager may also include forward currency, interest rate and exchange rate swap transactions for efficient portfolio management purposes. The Manager may include participatory interests in other local and global collective investment schemes with a sufficient regulatory environment.

The Imara MET Income Fund Manager is Chris Botha from Imara and Arno Lawrenz from Atlantic, backed by the Imara Asset Management Investment Committee.

Investments into the fund can be made in lump sum contributions for as little as R5,000.00 or by debit order of R500.00 per month.

Please note that The Imara MET Income Fund is not available to investors from the United States.

Performance

Disclaimer

Collective investment schemes in securities are generally medium- to long-term investments. The value of participatory interests or the investment may go down as well as up. Past performance is not necessarily a guide to future performance. MET Collective Investments (RF) (Pty) Ltd (the manager) does not provide any guarantee, either with respect to the capital or the return of a portfolio. The manager has the right to close certain portfolios to new investors, in order to manage it more efficiently, in accordance with its mandate. Collective investment schemes are traded at ruling prices and can engage in borrowing and scrip lending. The collective investment scheme may borrow up to 10% of the market value of the portfolio to bridge insufficient liquidity.

Different classes of participatory interests apply to these portfolios and are subject to different fees and charges. A schedule of fees, charges and maximum commissions is available on request from the manager, or is available on the website. Forward pricing is used. The portfolio valuation time is 08h00 for fund of funds and 15h00 for all other portfolios and the transaction cut-off time is 14h00.

Foreign securities within portfolios may have additional material risks, depending on the specific risks affecting that country, such as: potential constraints on liquidity and the repatriation of funds; macroeconomic risks; political risks; foreign exchange risks; tax risks; settlement risks; and potential limitations on the availability of market information. Fluctuations or movements in exchange rates may cause the value of underlying international investments to go up or down. Investors are reminded that an investment in a currency other than their own may expose them to a foreign exchange risk.

The terms and conditions as well as the minimum disclosure document (MDD) for each fund are available on MET Collective Investments’ website at www.metci.co.za. Associates of the manager may be invested within certain portfolios and the details thereof are available from the manager.

The manager retains full legal responsibility for the third-party-named portfolio.