CIC Balance Fund

Request A Call-Back

Description

This fund seeks medium to long term stability, moderate investment risk and a reasonable level of income. The fund invests in quoted local and international shares and selected interest bearing investments like bonds, fixed deposits and commercial papers. A non-recurring initial charge of 4.5% is levied, this charge is represented by the difference between buying and selling price of the units.

The net income attributable to the fund is distributed to investors registered such as the last day of March, June, September and December each year.

Category: