Page 359 - Profile's Unit Trusts and Collective Investments 2021 issue 2

UNDERSTANDING UNIT TRUSTS INDEX

PAGE PAGE
Derivatives ................ 45, 134 F
Development Bank of Southern Africa . . 127, 128
FAIS Fit and Proper Requirements ....... 24
Disclosures .................. 72
FAIS Ombud .................. 96
Discount instruments ............. 127
FSCA (Financial Sector Conduct Authority) 23, 42,
discrete returns ................ 74 ..................... 47, 81
discretionary fund manager ........ 80, 83 FTSE/JSE All Share index ........ 145, 148
disintermediation................ 37
FTSE/JSE Mid Cap index ........ 144, 145
Distributions .................. 49 Fairtree Balanced Prescient Fund ....... 164
Tax ..................... 50 Fairtree Equity Prescient Fund ........ 166
Diversification ............... 33, 44
Fee hurdle ................... 62
Dividend .................... 32
Fee structure
Yield..................... 32 2/20 .................... 153
Dividend Yield ................. 32 Feeder Funds ................. 157
Dividends Withholding Tax (DWT) ..... 32, 50,
Fees
................. 52, 71, 75, 83
Discounted ................. 69
Domestic................... 138
Trailer fees ................. 60
Domicile .................... 35
fine art .................... 136
Dow Jones Industrial Average (DJIA) ..... 156
Financial Advisers Bill ............. 89
Dual-regulated ................. 87
Financial Advisory and Intermediary
Duration ................... 129 Services Act (FAIS)............ 85, 89
Durr vs Absa Bank ............... 84 Financial Intelligence Centre (FIC) ....... 97
Duties of FSPs ................. 91 Financial Intelligence Centre Act (FICA). . . 85, 96
Financial Sector Conduct Authority (FSCA) 25, 81, 87
E
Financial Sector Funds ............ 145
ESG (Environmental, social and governance) . 101 Financial Sector Regulation Act of 2017 (FSRA)81, 86
ETF.................... 70, 160 Financial Services Board (FSB)......... 81
RA (Retirement Annuity) .......... 160 Act of 1990 ................ 101
ETF Unit Classes................ 70 Financial Services Laws General Amendment
Effective Annual Cost measure (EAC) . . . 64, 65 Act (FSLGA) ................. 89
Equities .................... 47 Financial Services Provider (FSP) ....... 23
Equity Funds ............ 129, 141, 143 Financial Services Provider Representative
Equity-Based Schemes ............ 130 (FSPR) .................... 90
Eskom ............... 127, 128, 129 Financial intermediaries ............ 83
Eskom bonds................. 128 Financial service providers (FSPs) ....... 90
Ethical Guidelines ............... 86 Fit and Proper Requirements ........ 26, 90
Ex dividend .................. 71 Fixed Interest Funds ............. 142
Exchange Traded Fund (ETF) ...... 158, 159 Fixed deposit ................. 127
Exchange Traded Funds (ETFs) ........ 55 Fleming Martin................. 77
Exchange Traded Notes (ETNs) ........ 158 Flexible funds................. 148
Exchange Traded Product (ETP) ....... 158 Foreign .................... 138
Exit fee .................... 132 Foreign vs Offshore .............. 44
exotics ................. 109, 136 Forward contract ............... 134
fourth industrial revolution ........... 37

Profile’s Unit Trusts & Collective Investments 357