There are a number of different ways that a fund manager can set up a management structure; one way is an umbrella fund. The umbrella fund is one of the more complex ways to set up a fund ...

Many Possibilities Under an Umbrella It turns out the simplicity of the Fund Group concept is robust enough to accommodate a number of different fund structures. Recently, we have seen several ...

Different umbrella funds will structure and calculate these costs in different ways, Acton says. For example, some fees are calculated as a percentage of assets, while others are based on a set ...

The basic structure of an umbrella fund is that employees working for many different employers sign up as members of a single fund. Some umbrella retirement funds are restricted to employees of ...

A feeder fund is one of several sub-funds that put all of their investment capital into an overarching umbrella fund ... This two-tiered investment structure of a feeder fund and a master fund ...

More than R43 billion has already been withdrawn under South Africa’s new two-pot retirement system — and over R11 billion collected in tax revenue. If you are a business owner or head of ...

The impending launch in Europe of a quartet of exchange traded funds could pave the way for a rapid expansion of Vanguard-style umbrella structures offering both ETFs and mutual funds. The May ...

The VCC is a corporate structure for investment funds that can be set up as a standalone fund or an umbrella fund with two or more sub-funds, each holding a portfolio of assets and liabilities ...

The two types of pension/provident funds available to anyone employed within South Africa are standalone or freestanding funds and umbrella funds ... or large group structure of companies ...