New unit trust invite options

Colourfield BCI Smart Equity Fund

Smart beta investing seems to be the latest trend this year in the investment universe and Colourfield Liability Solutions launched a unit trust fund this month that not only uses the smart beta investing approach, but also the Swix (JSE/FTSE shareholder weighted index), as its benchmark.

Costa Economou, chief executive of Colourfield Liability Solutions, says this is the first unit trust fund the company has launched. It uses a smart beta investment strategy, which is an investment strategy that is said to fill the void between active and passive investing by tracking an index not just through the size of the companies but through a range of alternative methodologies.

As a high equity fund, this investment is best suited to aggressive investors or investors who have a long investment timeline, such as 10 to 40 years. Its primary objective is to achieve high capital growth.

This fund invests in equity securities, preference shares, property shares and property-related securities listed on exchanges, money market instruments and assets in liquid form. The fund manager is Colourfield’s chief investment officer, Dr Nick Sennett.

Minimum lump sum investment: R10 000
Minimum monthly investment R1 000