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My Unit Trust - SICOM General Fund (SGF)
The SICOM General Fund is a Unit Trust, i.e. a collective investment scheme requiring two parties, a Manager (SICOM Financial Services Ltd) to carry out the investment function, and a Trustee (The Mauritius Commercial Bank Ltd), which performs a fiduciary role on behalf of the investors.
With the SICOM General Fund, your investment is managed and spread across a wide range of equity (local and overseas) shares, loans, debentures, government stocks/bonds, as well as through cash or short term instruments.
The overall objective of the SICOM General Fund is to maximise returns, whilst acting prudently at all times and diversifying its portfolio with a long term view by investing both locally and overseas.
Here's what you can expect
Features
SICOM General Fund - Pricing At 28 June 2021
|
Per Unit (Rs) |
|
| Issue Price | 16.92 |
| Repurchase Price | 16.15 |
| NAV | 16.63 |
With effect from 22 June 2021
- Free Life Cover for individual unit holders
- We minimize your risks by investing in a diversified portfolio
- Possibilities to invest in local and international markets
- Dividends are tax-free
- Capital gains are exempt from income tax
- The fund itself is liable to income tax at the preferential rate of 15%
(Terms and conditions apply)
Request more information
This product is offered by
SICOM Financial Services Ltd
BRN: C07023531
FSC License No.: LC06000053
Useful info
Benefits
Lump Sum Investment
The minimum investment is Rs 500. Application forms should be sent with a crossed cheque made payable to SICOM General Fund
All remittances by post should be addressed to
SICOM Financial Services Ltd (The Manager)
SICOM Building
Sir Célicourt Antelme Street
Port Louis
Unit Certificates will be posted to applicants within 21 days from the date of processing of the application.
Monthly Savings Plan
The minimum monthly investment per unit holder shall amount to Rs 500. The relevant application form and standing order instruction forms should reach the office of SICOM Financial Services Ltd at least 10 business days before the last day of the month.
No certificate will be issued if you are opting for the Monthly Savings Plan. However, you will receive half-yearly statements to your accounts as at June 30 and December 31.
Eligibility
Individuals & Corporate
Required documents
Certified copies or originals must be provided in all cases:
Individuals
- Certified copy of either of the following: national identity card, current valid passport or current driving license for both applicant and beneficiary
- Certified copy or original of either of the following: recent utility bill, recent bank/credit card statement or a recent bank reference for proof of address
- Evidence of Source of Fund
- Civil marriage certificate and birth certificate if required
Corporate
- Certificate of Incorporation
- ID of directors/ authorized signatories
- Utility bill of all directors/ authorized signatories
- Annual report
FAQ
How do I invest in the Fund?
You may invest by buying units in the Fund.
How does it work?
Your investment is managed for you and spread across a wide range of equity (local and overseas) shares, loans, debentures, government stocks/bonds as well as through cash / short term/ money market instruments.
What is the investment policy of the Fund?
The overall objective of the Fund is to maximize returns whilst acting prudently at all times and diversifying its portfolio with a long- term view.
Can I redeem my units?
You can redeem your units by returning the certificate and fill in a redemption form. Relevant requests forms are available at SICOM Financial Services Ltd.
