STANLIB Platform: Fund Ballots

The Manager of a unit trust fund may request to change a unit trust fund mandate, close a fund, or merge a fund with another unit trust fund. Affected investors in the Classic Investment Plan and STANLIB Linked Tax Free Savings Plan will be required to vote for or against the request in a ballot. For the Classic Retirement Annuity Fund, and the Classic Preservation Plans, the Trustees of the product will vote on behalf of the investors. Liberty Group Limited will vote for the Classic Linked Life Annuity.

Ballots in progress:

Unit Trust fund ballots: Upcoming and in progress

Unit Trust Fund Name Requested change Ballot closure date Proposed implementation date Details of change
Old Mutual Mining and Resources and Old Mutual Gold Fund Amalgamation of the Old Mutual Mining and Resources , Old Mutual Gold Fund into the Old Mutual Equity Fund 2019-10-15 2019-10-31 Old Mutual pdf
Melville Douglas Stanlib Dynamic Strategy Fund Investment Policy Amendment 2019-09-23 2019-11-08 Melville Douglas pdf
Granate SCI Unconstrained Fixed Interest Fund Amalgamation of the Granate SCI Unconstrained Fixed Interest Fund with the Visio BCI Unconstrained Fixed Interest Fund 2019-09-06 2019-11-08 Sanlam pdf
Reitway BCI Global Property Fund Investment Policy Amendment 2019-11-06 2019-11-29 Reitway BCI pdf
Amity BCI Conserver FoF Amalgamation of the Amity BCI Conserver FoF into the Amity BCI Stable Fund 2019-11-06 2019-12-06 Amity BCI pdf

Should a ballot pass and be implemented, the change will automatically take place on affected investors accounts.

The table below contains information of ballots which have been completed in the last two months, and the date on which the fund changes, if applicable, will take place.

Unit Trust Fund Name Requested change Ballot closure date Implementation date Trade freeze period Details of change
Sharenet BCI Aggressive Fund of Funds
Sharenet BCI Moderate Fund of Fund;
Sharenet BCI Conservative Fund of Funds;
Sharenet BCI Stable Fund;
Sharenet BCI Property Fund
Sharenet BCI Equity Fund
Fund amalgamation 13-Sep-19 Sharenete BCI