Pooled

Bifm Market Linked Fund (MLF) – Global Balanced Pooled

This a BIFM flagship product offering pension funds an immediate and easy investment solution which recognizes the uniqueness of a Botswana pension fund profile in a cost efficient manner.

Target market and investment qualifying criteria

This product is targeted at Institutional funds – pension funds and medical aids.

Features and Benefits

  1. Well diversified local and international investment spread
  2. Easy withdrawal terms and fees based on asset category / characteristic
  3. Easy switching between asset categories since each asset category is separate and unitised
  4. Custodial and transaction costs included as one package
     

Investments / Disinvestments
Funds can withdraw / disinvest funds from the portfolio.

Investment
Funds can make a deposit / investment into the portfolio periodically. All investments will come in the form of an instruction from the administrator or Fund.

Fees
The management fee will be based on the type of sub fund through which the monies are invested.

MLF Asset Allocation
The allocation in terms of the MLF is made by Bifm.

BIFM Funds of Funds

BIFM clients have the option of choosing the proportion of the various asset class pool, thus providing the flexibility to derive their own allocation. The client in this case would not belong to a pooled product with a rigid asset allocation, but would pick and choose the sub funds, and be able to switch between the unitised sub funds at will.

Target market and investment qualifying criteria
This product is targeted at Institutional funds – pension funds and medical aids.

Features and Benefits

  1. Complete flexibility and customised asset allocation based on membership profiling
  2. Objective assessment of performance against relevant benchmarks
  3. Easy and free of charge switching between funds
  4. Proactive rebalancing / reallocation
  5. Cost efficiency
  6. Transaction and Custodial charges all included as one package
     

Investments / Disinvestments
Funds can withdraw / disinvest funds from the portfolio.

Investment
Funds can make a deposit / investment into the portfolio periodically. All investments will come in the form of an instruction from the administrator or Fund.

Fees
The management fee will be based on the type of sub fund through which the monies are invested.

 Funds of Funds Asset Allocation
Because this is a pooled investment vehicle with a specific client mandate with respect to asset allocation, BIFM manages the contributions within the broad restrictions of the allocation parameters as set by the Funds mandate.