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AMETF Prescient China Balanced Feeder  –  PANDA  
     
Prices at least 15 minutes delayed. Source: JSE Ltd.
 
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10 Day Trading Range
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PANDA  Latest Market Data
Closen/a   P/E Ratio
Today's Open1,004   EPS - TTM
Best Bid995 x 2 500   DPS - TTM Dividend n/a
Best Offer1,004 x 1 950   Dividend Yield
Volume 5 550   Market Cap 10 040.00
Day's Range1,004–1,004   Shares In Issue 1 000
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Objective
The Prescient China Balanced Feeder AMETF is a feeder actively managed ETF. The investment objective of the portfolio is to achieve long term capital growth by investing, apart from assets in liquid form, only in participatory interests of the section 65 approved, Prescient China Balanced Fund ("Underlying Fund") operating under the Prescient Global Funds PLC Scheme domiciled in Ireland. The Underlying Fund invests in a diversified spectrum of Chinese equity, bond and money market instruments directly, including Chinese A-shares via Prescient's Qualified Foreign Institutional Investor license (QFII). The Underlying Fund will predominantly invest in mainland Chinese equities, bonds, cash and money market instruments. The Underlying Fund may also invest in global equities, bonds and other interest-bearing securities such as certificates of deposit, money market instruments, global currencies and through Regulated Funds which, in the Underlying Fund's Investment Manager's view, have good risk adjusted pricing characteristics. The Prescient China Balanced Feeder AMETF as permitted in Par 12(f) of Chapter IV of Board Notice 90 of 2012 will be allowed to enter into financial transactions for the exclusive purpose of hedging exchange risks subject to the conditions and limitations as stipulated in Chapter V of Board Notice 90 of 2012 3.4. Nothing in the supplemental deed shall preclude the Underlying Fund's Investment Manager from varying the ratios of asset allocation and securities, to maximise absolute return and investment potential in changing economic environments or market conditions or to meet the requirements, if applicable, of any exchange formally recognised in terms of legislation and from retaining cash or placing cash on deposit in terms of the deed and any supplemental deeds thereto; provided that the Manager shall ensure that the aggregate value of the assets comprising the portfolio shall consist of securities of the aggregate value required from time to time by the Act. The Trustee shall ensure that the investment policy set out in the supplemental deed, the deed and in all supplemental deeds thereto is carried out. For the purpose of the Prescient China Balanced Feeder AMETF, the Manager shall reserve the right to close the Prescient China Balanced Feeder AMETF to new investors on a date determined by the Manager. This may be done in order to manage the Prescient China Balanced Feeder AMETF in accordance with its mandate. The Manager may, once the Prescient China Balanced Feeder AMETF has been closed, open the Prescient China Balanced Feeder AMETF again to new investors on a date determined by the Manager.
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