Third quarter 2026 - CAM Citation

Asset classes and economic data

Indices

Asset Class

3 Months

1 Year

3 Years

5 Years

Notes

Performance in rand

Indices	Asset Class	3 Months	1 Year	3 Years	5 Years	Notes

STeFI 3-month Total Return Index	South African Money Market	1.7%	6.8%	7.5%	6.8%
FTSE/JSE All Bond Index	South African Bonds	-0.7%	12.8%	17.7%	12.1%
FTSE/JSE All Share Index	South African Equity	-0.3%	4.6%	18.7%	15.3%
Bloomberg US Treasury Index	US Bonds	-3.0%	-6.8%	-1.5%	0.7%
MSCI AC World Index (Net)	Global Equity	1.6%	11.0%	16.2%	13.5%
MSCI AC World High Dividend Yield Index (Net)	Global Equity (High Dividend Yielding	2.0%	11,1%	10.5%	11.2%
MSCI Emerging Markets Index (Net	Emerging Market Equity	-0.3%	22.8%	18.5%	10.8%
SA CPI	South African Inflation	0.7%	4.6%	4.0%	4.9%
ZAR/USD		0.0%	-5.0%	-4.5%	1.7%

Performance in US dollar

Indices	Asset Class	3 Months	1 Year	3 Years	5 Years	Notes

FTSE/JSE All Bond Index	South African Bonds	-0.7%	18.7%	23.3%	10.2%
Bloomberg US Treasury Index	US Bonds	-3.0%	-1.9%	3,2%	-1.0%
FTSE/JSE All Share Index	South African Equity	-0.3%	10.1%	24.3%	13.3%
MSCI AC World Index (Net)	Global Equity	1.6%	16.8%	21.7%	11.6%
MSCI AC World High Dividend Yield Index (Net)	Global Equity (High Dividend Yielding)	2.0%	16.9%	15.8%	9.3%
MSCI Emerging Markets Index (Net)	Emerging Market Equity	-0.4%	29.2%	24.1%	8.9%

Notes View notes

Returns for periods longer than 1 year are annualised.

March 2026 CPI was not available at the time of publication and an estimate was used.

Sources: Morningstar and Refinitiv

Portfolio performance

Unit trusts

Fund

Morningstar Category

1 Year

3 Years

5 Years

Since Inception

Inception date

Notes

(Performance in rand)

Fixed income

Fund	Morningstar Category	1 Year	3 Years	5 Years	Since Inception	Inception date	Notes
FIXED INCOME
CAM SA Money Market Fund	South African - Fixed Income - Money Market	7,0%	7,8%	7,2%	6,8%	01-Sep-2013
Benchmark: STeFI 3-month Total Return Index		6,8%	7,5%	6,8%	6,3%	01-Sep-2013
CAM SA Income Fund	South African - Fixed Income - Short Term	7,9%	8,8%	8,0%	7,6%	05-Nov-2014
Benchmark: STeFI Composite Total Return Index		7,0%	7,8%	7,1%	6,8%	05-Nov-2014
CAM SA Bond Fund	South African - Fixed Income - Variable Term	9,8%	15,4%	10,6%	9,2%	08-Aug-2001
Benchmark: FTSE/JSE All Bond Index		12,8%	17,7%	12,1%	9,8%	08-Aug-2001

Retail hedge funds

Fund	Morningstar Category	1 Year	3 Years	5 Years	Since Inception	Inception date	Notes
RETAIL HEDGE FUNDS
CAM Worldwide Multi-Strategy Retail Hedge Fund	Worldwide - Multi-Strategy Hedge Fund	3,6%	7,1%		7,4%	14-Jun-2023	4
Benchmark: 50% SA Cash, 50% US Cash (hedged to ZAR)		6,5%	7,4%		7,4%	14-Jun-2023

Qualified investor hedge funds

Fund	Morningstar Category	1 Year	3 Years	5 Years	Since Inception	Inception date	Notes
QUALIFIED INVESTOR HEDGE FUNDS
CAM Multi-Strategy QI Hedge Fund	South African - Multi-Strategy Hedge Fund	6,0%	13,0%	12,3%	9,3%	01-Nov-2016	3
Benchmark: STeFI 3-month Total Return Index + 3%		10,0%	10,8%	10,0%	9,6%	01-Nov-2016

Multi-asset

Fund	Morningstar Category	1 Year	3 Years	5 Years	Since Inception	Inception date	Notes
MULTI-ASSET
CAM Balanced Fund	South African - Multi Asset - High Equity	2,3%	9,9%	10,5%	9,1%	01-Apr-2011
Benchmark: (ASISA) South African MA High Equity Peer Group Average		6,3%	13,3%	10,5%	9,1%	01-Apr-2011
CAM SA Managed Volatility Fund	South African - Multi Asset - Flexible	4,1%	12,1%	11,0%	8,2%	02-Feb-2015
Benchmark: 60% FTSE/JSE Top 40, 40% STeFI Composite		5,4%	14,5%	12,5%	9,5%	02-Feb-2015
CAM Worldwide Flexible Fund	Worldwide - Multi Asset - Flexible	2,0%	11,2%	11,1%	9,3%	17-Oct-2017
Benchmark: (ASISA) Wwide MA Flexible Peer Group Average		3,8%	11,6%	9,1%	8,4%	17-Oct-2017
CAM Growth Fund	Worldwide - Multi Asset - Flexible	7,5%	13,0%	11,9%	9,2%	22-May-2013
Benchmark: (ASISA) Wwide MA Flexible Peer Group Average		3,8%	11,6%	9,1%	9,2%	22-May-2013
CAM Diversified Fund	South African - Multi Asset - High Equity	6,1%	13,6%	11,8%	9,1%	22-May-2013
Benchmark: (ASISA) South African MA High Equity Peer Group Average		6,3%	13,3%	10,5%	8,4%	22-May-2013
CAM Moderate Fund	South African - Multi Asset - Medium Equity	6,4%			11,5%	16-Jul-2024
Benchmark: (ASISA) South African MA Medium Equity Peer Group Average		6,9%			11,2%	16-Jul-2024
CAM Stable Fund	South African - Multi Asset - Low Equity	6,8%	12,8%	10,8%	8,6%	01-Jul-2015
Benchmark: (ASISA) South African MA Low Equity Peer Group Average		7,2%	12,0%	9,5%	7,7%	01-Jul-2015

Equity

Fund	Morningstar Category	1 Year	3 Years	5 Years	Since Inception	Inception date	Notes
EQUITY
CAM SA Core Equity Fund	South African - Equity - SA General	-0,2%	16,2%	14,0%	10,0%	09-May-2017
Benchmark: FTSE/JSE Capped Top 40 Index (J300T)		5,7%	19,0%	15,4%	12,1%	09-May-2017	1
CAM SA Multi-Factor Equity Fund	South African - Equity - SA General	0,5%	14,6%	12,5%	8,5%	18-Jun-2015
Benchmark: FTSE/JSE Capped All Share Index (J303T)		5,6%	18,8%	15,2%	10,6%	18-Jun-2015	2
CAM Global Equity FoF	Global - Equity - General	7,0%	12,4%	10,9%	9,6%	06-Nov-2002
Benchmark: (ASISA) Global EQ General Peer Group Average		4,8%	11,8%	9,3%	9,5%	06-Nov-2002
CAM Worldwide Equity Fund	Worldwide - Equity - General	8,8%	14,8%	13,0%	10,8%	22-May-2013
Benchmark: 35% (ASISA) SA – Equity – General Peer Group Average, 65% (ASISA) Global - Equity - General Peer Group Average		5,6%	13,4%	10,6%	11,2%	22-May-2013

Notes View notes

Returns for periods longer than 1 year are annualised.

FTSE/JSE Top 40 Index (J200T) before 5 March 2018.
FTSE/JSE All Share Index before 1 June 2018.
Only ‘Qualified Investors’ which meet prescribed requirements are permitted to invest in this fund. Please speak to your financial advisor if you have any questions.
The performance since inception is calculated from 30 June 2023.

International solutions (FSCA Approved) USD

Fund

Morningstar Category

1 Year

3 Years

5 Years

Since Inception

Inception date

Notes

(Performance in US Dollar)

Fixed income

Fund	Morningstar Category	1 Year	3 Years	5 Years	Since Inception	Inception date	Notes
FIXED INCOME
CAM Short Duration Fund	US - Fixed Income - Short Term	3,1%	4,4%	3,3%	2,5%	25-Jul-2019
Benchmark: Bloomberg US Treasury Bills 1-3 Months Index		3,8%	4,6%	3,8%	2,8%	25-Jul-2019	3
CAM US Bond Fund	US - Fixed Income	-3,0%	3,0%	-1,5%	-0,7%	02-Sep-2019
Benchmark: Bloomberg US Treasury Index		-1,9%	3,2%	-1,0%	-0,2%	02-Sep-2019	3

Hedge funds

Fund	Morningstar Category	1 Year	3 Years	5 Years	Since Inception	Inception date	Notes
HEDGE FUNDS
CAM Bastion	Global - Hedge Fund	-1,0%	6,7%	4,1%	1,4%	01-Sep-2020
Benchmark: US Cash + 1,75%		5,7%	6,5%	5,7%	5,0%	01-Sep-2020

Multi-asset

Fund	Morningstar Category	1 Year	3 Years	5 Years	Since Inception	Inception date	Notes
MULTI-ASSET
CAM US Managed Volatility Equity Fund	US - Multi-Asset - Flexible	6,8%	11,5%	7,1%	6,9%	27-Oct-2016
Benchmark: 60% S&P 500; 40% US Cash		10,8%	15,2%	9,8%	10,2%	27-Oct-2016
CAM Global Balanced Fund	Global - Multi Asset - High Equity	8,6%	13,4%	6,3%	5,6%	01-Feb-2011
Benchmark: (Morningstar) EAA Fund USD Aggressive Allocation Peer Group Average		10,2%	13,4%	6,1%	5,5%	01-Feb-2011
CAM Global High Equity Fund	Global - Multi Asset - High Equity	12,4%	16,8%		10,1%	14-Apr-2022
Benchmark: (Morningstar) EAA Fund USD Aggressive Allocation Peer Group Average		10,2%	13,4%		7,7%	14-Apr-2022
CAM Global Medium Equity Fund	Global - Multi Asset - Medium Equity	8,2%	13,1%		8,3%	26-Apr-2022
Benchmark: (Morningstar) EAA Fund USD Moderate Allocation Peer Group Average		7,4%	10,8%		6,3%	26-Apr-2022
CAM Global Low Equity Fund	Global - Multi Asset - Low Equity	4,2%	9,1%		5,1%	26-Apr-2022
Benchmark: (Morningstar) EAA Fund USD Cautious Allocation Peer Group Average		3,3%	7,2%		4,0%	26-Apr-2022

Equity

Fund	Morningstar Category	1 Year	3 Years	5 Years	Since Inception	Inception date	Notes
EQUITY
CAM Global Greats Fund	Global - Equity - Large-Cap Blend	8,7%	17,5%	9,7%	9,8%	03-Aug-2012
Benchmark: MSCI World (Net) in US$		15,2%	21,4%	11,9%	11,9%	03-Aug-2012	2
CAM Global Multi-Strategy Equity Fund	Global - Equity - Large-Cap Blend	11,6%	17,5%	9,0%	4,7%	03-Jun-2000
Benchmark: MSCI AC World Net US$		16,8%	21,7%	11,6%	6,4%	03-Jun-2000	1
CAM Global Growth Fund	Global - Equity - Large-Cap Growth	10,8%	17,0%	9,5%	8,6%	20-Aug-2021
Benchmark: 20% US Cash; 80% MSCI World (Net) in US$		13,0%	18,0%	10,4%	9,9%	20-Aug-2021
CAM Global Equity Feeder Fund	Global - Equity - Large-Cap Growth	11,9%	21,0%	10,9%	10,0%	10-Aug-2021
Benchmark: MSCI AC World Net US$		16,8%	21,7%	11,6%	10,7%	10-Aug-2021
CAM Global Dividend Fund	Global - Equity - Income	8,1%	13,2%	7,3%	6,1%	08-Sep-2021
Benchmark: MSCI World High Dividend Yield Index		14,3%	14,7%	9,4%	8,4%	08-Sep-2021

Emerging market equity

Fund	Morningstar Category	1 Year	3 Years	5 Years	Since Inception	Inception date	Notes
EMERGING MARKET EQUITY
CAM Emerging Market Equity Fund	Global - Equity - Emerging Market	23,1%	20,6%	7,2%	5,5%	02-Jun-2021
Benchmark: MSCI Emerging Market Net US$		29,2%	24,1%	8,9%	6,5%	02-Jun-2021

Notes View notes

Returns for periods longer than 1 year are annualised.

MSCI World (Net) in US$ before 1 April 2011.
MSCI AC World Net US$ before 1 January 2018.
The fund’s benchmark was changed with effect 1 November 2025.

International solutions (FSCA Approved) ZAR

Fund

Morningstar category

1 Year

3 Years

5 Years

Since Inception

Inception date

Notes

(Performance in rand)

Fixed income

Fund	Morningstar category	1 Year	3 Years	5 Years	Since Inception	Inception date	Notes
FIXED INCOME
CAM Short Duration Fund	US - Fixed Income - Short Term	-2.0%	-0.3%	5.1%	4.9%	25-Jul-2019
Benchmark: Bloomberg US Treasury Bills 1-3 Months Index		-1.4%	-0,1%	5.6%	5.2%	25-Jul-2019
CAM US Bond Fund	US - Fixed Income	-7.8%	-1.6%	0.2%	0.3%	02-Sept-2019
Benchmark: Bloomberg US Treasury Index		-6.8%	-1.5%	0.7%	0.8%	02-Sept-2019

Fixed income (hedged to rand)

Fund	Morningstar category	1 Year	3 Years	5 Years	Since Inception	Inception date	Notes
FIXED INCOME (HEDGED TO RAND)
CAM Short Duration Fund ZAR	US - Fixed Income - Short Term (Hedged to rand)	5.7%	7.1%	6.4%	6.2%	22-Jul-2020
Benchmark: Bloomberg US Treasury Bills 1-3 Months Index (Hedged to rand)		6.2%	7.3%	6.9%	6.4%	22-Jul-2020
CAM US Bond Fund ZAR	US - Fixed Income (Hedged to rand)	-5.1%	1.6%	1.8%	2.6%	02-Sept-2019
Benchmark: Bloomberg US Treasury Index (50% Hedged to rand)		-3.2%	2,1%	1.3%	2.2%	02-Sept-2019

Hedge funds

Fund	Morningstar category	1 Year	3 Years	5 Years	Since Inception	Inception date	Notes
HEDGE FUNDS
CAM Bastion	Global - Hedge Fund	-5.9%	1.9%	5.9%	0.8%	01-Sept-2020
Benchmark: US Cash + 1.75%		0.4%	1.7%	7.5%	4,4%	01-Sept-2020

Hedge funds (hedged to rand)

Fund	Morningstar category	1 Year	3 Years	5 Years	Since Inception	Inception date	Notes
HEDGE FUNDS (HEDGED TO RAND)
CAM Bastion Rand	Global - Hedge Fund (Hedged to rand)	1.4%	9.5%	9.7%	6.8%	01-Sept-2020
Benchmark: US Cash + 1.75% (Hedged to rand)		8.1%	9.2%	8,8%	8,4%	01-Sept-2020

Multi-asset

Fund	Morningstar category	1 Year	3 Years	5 Years	Since Inception	Inception date	Notes
MULTI-ASSET
CAM US Managed Volatility Equity Fund	US - Multi-Asset - Flexible	1.5%	6.5%	9.0%	8.7%	27-Oct-2016
Benchmark: 60% S&P 500, 40% US Cash		5.3%	10.0%	11.7%	12.0%	27-Oct-2016
CAM Global Balanced Fund	Global - Multi Asset - High Equity	3.2%	8.2%	8.1%	11.3%	01-Feb-2011
Benchmark: (Morningstar) EAA Fund USD Aggressive Allocation Peer Group Average		4.8%	8.3%	7.9%	11.3%	01-Feb-2011
CAM Global High Equity Fund	Global - Multi Asset - High Equity	6.9%	11.5%		13.1%	14-Apr-2022
Benchmark: (Morningstar) EAA Fund USD Aggressive Allocation Peer Group Average		4.8%	8.3%		10.6%	14-Apr-2022
CAM Global Medium Equity Fund	Global - Multi Asset - Medium Equity	2.9%	8.0%		9.3%	26-Apr-2022
Benchmark: (Morningstar) EAA Fund USD Moderate Allocation Peer Group Average		2.0%	5.8%		7.3%	26-Apr-2022
CAM Global Low Equity Fund	Global - Multi Asset - Low Equity	-0.9%	4.1%		6.0%	26-Apr-2022
Benchmark: (Morningstar) EAA Fund USD Cautious Allocation Peer Group Average		-0,8%	2.3%		5.0%	26-Apr-2022

Multi-asset (hedged to rand)

Fund	Morningstar category	1 Year	3 Years	5 Years	Since Inception	Inception date	Notes
MULTI-ASSET (HEDGED TO RAND)
CAM US Managed Volatility Equity Fund ZAR	US - Multi-Asset - Flexible (Hedged to rand)	4.6%	10,1%	10.8%	11.8%	01-Dec-2020
Benchmark: 60% S&P 500, 40% US Cash (50% Hedged to rand)		9.3%	14.2%	12.6%	13.0%	01-Dec-2020
CAM Global Balanced Fund ZAR	Global - Multi Asset - High Equity (Hedged to rand)	11.2%	16.1%	9.4%	10.2%	01-Jul-2011
Benchmark: (Morningstar) EAA Fund USD Aggressive Allocation Peer Group Average (ZAR hedged)		11.5%	15.7%	8.5%	9.2%	01-Jul-2011

Equity

Fund	Morningstar category	1 Year	3 Years	5 Years	Since Inception	Inception date	Notes
EQUITY
CAM Global Greats Fund	Global - Equity - Large-Cap Blend	3.3%	12.2%	11.6%	15.2%	03-Aug-2012
Benchmark: MSCI World (Net) in US$		9.5%	15.9%	13.8%	17.3%	03-Aug-2012	2
CAM Global Multi-Strategy Equity Fund	Global - Equity - Large-Cap Blend	6.0%	12.2%	10.9%	8.2%	03-Jun-2000
Benchmark: MSCI AC World Net US$		11.0%	16.2%	13.5%	9.9%	03-Jun-2000	1
CAM Global Growth Fund	Global - Equity - Large-Cap Growth	5,3%	11,7%	11,4%	10,3%	20-Aug-2021
Benchmark: 20% US Cash, 80% MSCI World (Net) in US$		7.4%	12.7%	12.3%	11.6%	20-Aug-2021
CAM Global Equity Feeder Fund	Global - Equity - Large-Cap Growth	6.3%	15.5%	12.8%	12.3%	10-Aug-2021
Benchmark: MSCI AC World Net US$		11.0%	16.2%	13.5%	12.9%	10-Aug-2021
CAM Global Dividend Fund	Global - Equity - Income	2.8%	8.0%	9.2%	9.0%	08-Sept-2021
Benchmark: MSCI World High Dividend Yield Index		8.6%	9.5%	11.3%	11.4%	08-Sept-2021

Emerging market equity

Fund	Morningstar category	1 Year	3 Years	5 Years	Since Inception	Inception date	Notes
EMERGING MARKET EQUITY
CAM Emerging Market Equity Fund	Global - Equity - Emerging Market	17.0%	15.1%	9.1%	9.0%	02-Jun-2021
Benchmark: MSCI Emerging Market Net US$		22.8%	18.5%	10.8%	10.0%	02-Jun-2021

Equity (hedged to rand)

Fund	Morningstar category	1 Year	3 Years	5 Years	Since Inception	Inception date	Notes
EQUITY (HEDGED TO RAND)
CAM Global Greats Fund ZAR	Global - Equity - Large-Cap Blend (Hedged to rand)	10.7%	20.0%	12.2%	14.2%	06-Sept-2017
Benchmark: MSCI World Net US$ (Hedged to rand)		16.3%	23.7%	14.1%	15.0%	06-Sept-2017	3
CAM Global Multi-Strategy Equity Fund ZAR	Global - Equity - Large-Cap Blend (Hedged to rand)	9.7%	16.2%		11.6%	08-Dec-2021
MSCI ACWI (50% ZAR hedged)		14.5%	20.1%		12.5%	08-Dec-2021

Notes View notes

Returns for periods longer than 1 year are annualised.

MSCI World (Net) in US$ before 1 April 2011.
MSCI AC World Net US$ before 1 January 2018.
MSCI AC World Net US$ (hedged to ZAR) prior to 1 January 2018

Fund costs

Domestic unit trusts and hedge funds

Fund

ASISA Category

Annual Management fee (incl,VAT)

Financial Year Total Expense Ratio

ASISA Total Expense Ratio

Transaction Costs

Total Investment Charges

Inception date

Notes

Fixed income

Fund	ASISA Category	Annual Management fee (incl,VAT)	Financial Year Total Expense Ratio	ASISA Total Expense Ratio	Transaction Costs	Total Investment Charges	Inception date	Notes
FIXED INCOME
CAM SA Money Market Fund	South African - Fixed Income - Money Market	0.46%	0.55%	0.56%	0,00%	0.56%	01-Sep-2013
CAM SA Income Fund	South African - Fixed Income - Short Term	0.58%	0.60%	0.60%	0.00%	0.60%	05-Nov-2014
CAM SA Bond Fund	South African - Fixed Income - Variable Term	0.75%	0.77%	0.83%	0.02%	0.85%	08-Aug-2001

Retail hedge funds

Fund	ASISA Category	Annual Management fee (incl,VAT)	Financial Year Total Expense Ratio	ASISA Total Expense Ratio	Transaction Costs	Total Investment Charges	Inception date	Notes
RETAIL HEDGE FUNDS
CAM Worldwide Multi-Strategy Retail Hedge Fund	Worldwide - Multi-Strategy Hedge Fund	1.44%	2.68%	2.83%	0.34%	3.17%	14-Jun-2023

Qualified investor hedge funds

Fund	ASISA Category	Annual Management fee (incl,VAT)	Financial Year Total Expense Ratio	ASISA Total Expense Ratio	Transaction Costs	Total Investment Charges	Inception date	Notes
QUALIFIED INVESTOR HEDGE FUNDS
CAM Multi-Strategy QI Hedge Fund	South African - Multi-Strategy Hedge Fund	1.44%	5.44%	5.41%	0.87%	6.28%	01-Nov-2016	1

Multi-asset

Fund	ASISA Category	Annual Management fee (incl,VAT)	Financial Year Total Expense Ratio	ASISA Total Expense Ratio	Transaction Costs	Total Investment Charges	Inception date	Notes
MULTI-ASSET
CAM Balanced Fund	South African - Multi Asset - High Equity	1.44%	1.50%	1.53%	0.15%	1.68%	01-Apr-2011
CAM SA Managed Volatility Equity Fund	South African - Multi Asset - Flexible	1.15%	1.16%	1.18%	0.12%	1.30%	02-Feb-2015
CAM Worldwide Flexible Fund	Worldwide Multi Asset Flexible	1.44%	1.48%	1.48%	0.15%	1.63%	17-Oct-2017
CAM Growth Fund	Worldwide - Multi Asset - Flexible	0.86%	0.83%	0.89%	0.10%	0.99%	22-May-2013
CAM Diversified Fund	South African - Multi Asset - High Equity	0.86%	0.79%	0.83%	0.09%	0.92%	22-May-2013
CAM Moderate Fund	South African - Multi Asset - Medium Equity	0.86%	0.75%	0.89%	0.08%	0.97%	16-Jul-2024
CAM Stable Fund	South African - Multi Asset - Low Equity	0.86%	0.80%	0.82%	0.07%	0.89%	01-Jul-2015

Equity

Fund	ASISA Category	Annual Management fee (incl,VAT)	Financial Year Total Expense Ratio	ASISA Total Expense Ratio	Transaction Costs	Total Investment Charges	Inception date	Notes
EQUITY
CAM SA Core Equity Fund	South African - Equity - SA General	1.15%	1.15%	1.17%	0.15%	1.32%	09-May-2017
CAM SA Multi-Factor Equity Fund	South African - Equity - SA General	0.92%	0.92%	0.94%	0.26%	1.20%	18-Jun-2015
CAM Global Equity FoF	Global - Equity - General	1.44%	1.58%	1.59%	0.05%	1.64%	06-Nov-2002
CAM Worldwide Equity Fund	Worldwide - Equity - General	0.65%	0.86%	0.88%	0.11%	0.99%	22-May-2013

Notes View notes

Returns for periods longer than 1 year are annualised.

FY TERs (Total Expense Ratio as at financial year-end) have been calculated using data from 1 April 2025 to 31 March 2026 unless stated otherwise.

ASISA TER (Total Expense Ratio) and TCs (Transaction Cost Ratio) have been calculated using data from 1 July 2023 to 30 June 2026 unless stated otherwise. The TIC (Total Investment Charges) is the sum of these figures.

Only ‘Qualified Investors’ which meet prescribed requirements are permitted to invest in this fund. Please speak to your financial advisor if you have any questions.

International solutions (FSCA Approved)

Fund

Morningstar Category

Annual Management fee (incl,VAT)

Financial Year Total Expense Ratio

ASISA Total Expense Ratio

Transaction Costs

Total Investment Charges

Inception date

Notes

Fixed income

Fund	Morningstar Category	Annual Management fee (incl,VAT)	Financial Year Total Expense Ratio	ASISA Total Expense Ratio	Transaction Costs	Total Investment Charges	Inception date	Notes
FIXED INCOME
CAM Short Duration Fund	US - Fixed Income - Short Term	0.25%	0.42%	0.45%	0.04%	0.49%	25-Jul-2019
CAM Short Duration Fund ZAR	US - Fixed Income - Short Term (Hedged to rand)	0.25%	0.47%	0.53%	0.04%	0.57%	22-Jul-2020
CAM US Bond Fund	US - Fixed Income	0.60%	1.06%	1.06%	0.07%	1.13%	02-Sep-2019
CAM US Bond Fund ZAR	US - Fixed Income (Hedged to rand)	0.80%	1.33%	1.29%	0.07%	1.36%	02-Sep-2019

Hedge funds

Fund	Morningstar Category	Annual Management fee (incl,VAT)	Financial Year Total Expense Ratio	ASISA Total Expense Ratio	Transaction Costs	Total Investment Charges	Inception date	Notes
HEDGE FUNDS
CAM Bastion	Global - Hedge Fund	1.25%	1.68%	0.00%	0.16%	0.16%	01-Sep-2020
CAM Bastion Rand	Global - Hedge Fund (Hedged to rand)	1.25%	1.73%	0.05%	0.16%	0.21%	01-Sep-2020

Equity

Fund	Morningstar Category	Annual Management fee (incl,VAT)	Financial Year Total Expense Ratio	ASISA Total Expense Ratio	Transaction Costs	Total Investment Charges	Inception date	Notes
EQUITY
CAM Global Greats Fund	Global - Equity - Large-Cap Blend	1.25%	1.37%	1.37%	0.06%	1.43%	03-Aug-2012
CAM Global Greats Fund ZAR	Global - Equity - Large-Cap Blend (Hedged to rand)	1.25%	1.41%	1.42%	0.06%	1.48%	06-Sep-2017
CAM Global Multi-Strategy Equity Fund	Global - Equity - Large-Cap Blend	1.25%	1.65%	1.66%	0.16%	1.82%	03-Jun-2000	1
CAM Global Multi-Strategy Equity Fund ZAR	Global - Equity - Large-Cap Blend (Hedged to rand)	1.25%	1.69%	1.66%	0.16%	1.82%	01-Dec-2022	1
CAM Global Growth Fund	Global - Equity - Large-Cap Growth	1.25%	1.38%	1.39%	0.04%	1.43%	20-Aug-2021
CAM Global Equity Feeder Fund	Global - Equity - Large-Cap Growth	1.25%	1.91%	1.91%	0.36%	2.27%	10-Aug-2021
CAM Global Dividend Fund	Global - Equity - Income	1.25%	1.38%	1.39%	0.09%	1.48%	08-Sep-2021

Emerging market equity

Fund	Morningstar Category	Annual Management fee (incl,VAT)	Financial Year Total Expense Ratio	ASISA Total Expense Ratio	Transaction Costs	Total Investment Charges	Inception date	Notes
EMERGING MARKET EQUITY
CAM Emerging Market Equity Fund	Global - Equity - Emerging Market	1.25%	1.71%	1.70%	0.53%	2.23%	02-Jun-2021

Multi-asset

Fund	Morningstar Category	Annual Management fee (incl,VAT)	Financial Year Total Expense Ratio	ASISA Total Expense Ratio	Transaction Costs	Total Investment Charges	Inception date	Notes
MULTI-ASSET
CAM US Managed Volatility Equity Fund	US - Multi-Asset - Flexible	1.25%	1.49%	1.49%	0.06%	1.55%	27-Oct-2016
CAM US Managed Volatility Equity Fund ZAR	US - Multi-Asset - Flexible (Hedged to rand)	1.25%	1.54%	1.52%	0.06%	1.58%	08-Dec-2020
CAM Global Balanced Fund	Global - Multi Asset - High Equity	1.15%	1.67%	1.69%	0.11%	1.80%	01-Feb-2011	1
CAM Global Balanced Fund ZAR	Global - Multi Asset - High Equity (Hedged to rand)	1.15%	1.77%	1.69%	0.11%	1.80%	01-Jul-2011	1
CAM Global High Equity Fund	Global - Multi Asset - High Equity	0.85%	1.17%	1.17%	0.07%	1.24%	14-Apr-2022
CAM Global Medium Equity Fund	Global - Multi Asset - Medium Equity	0.80%	1.12%	1.13%	0.10%	1.23%	26-Apr-2022
CAM Global Low Equity Fund	Global - Multi Asset - Low Equity	0.75%	1.07%	1.09%	0.11%	1.20%	26-Apr-2022

Notes View notes

Returns for periods longer than 1 year are annualised.

FY TERs (Total Expense Ratio as at financial year-end) have been calculated using data from 1 January 2025 to 31 December 2025 unless stated otherwise.

FY TERs (Total Expense Ratio as at financial year-end) have been calculated using data from 1 April 2025 to 31 March 2026.

Asset classes and economic data

Portfolio performance

Unit trusts

International solutions (FSCA Approved) USD

International solutions (FSCA Approved) ZAR

Fund costs

Domestic unit trusts and hedge funds

International solutions (FSCA Approved)

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