27four SA Passive Listed Property Fund

The 27four SA Passive Listed Property Fund is a high risk portfolio that invests in the universe of SA listed property shares with the purpose of passively tracking the JSE ALPI (J803). The primary purpose of the fund is to replicate the return profile of the JSE ALPI index with minimal deviation, measured by tracking error. Target tracking error is set at 0.5% per annum over a rolling 12 month period.