Sygnia Skeleton Fund Indexes

[MikyMouse]

Hi All,

Just wondering how Sygnia chooses the different shares that make up the various asset classes in the Skeleton Range. I under stand that these are passively managed tracking funds but what indexes do these track? More specifically I'm looking at the Skeleton Balanced 70 and how they choose the 70% equities, 15% bonds and 15% money market assets.

 

[Rkootknir]

Hi All,

Just wondering how Sygnia chooses the different shares that make up the various asset classes in the Skeleton Range. I under stand that these are passively managed tracking funds but what indexes do these track? More specifically I'm looking at the Skeleton Balanced 70 and how they choose the 70% equities, 15% bonds and 15% money market assets.

See here for the strategic benchmark: http://www.sygnia.co.za/wp-content/...Skeleton-70-Institutional-Marketing-Sheet.pdf

As far as I understand each of the underlying indices (e.g. the MSCI All Country World Index) are managed on a passive basis. However, the actual split between the underlying passive investments can be changed actively by Sygnia, bearing in mind that they are benchmarked against the original strategic split.

 

[MikyMouse]

See here for the strategic benchmark: http://www.sygnia.co.za/wp-content/...Skeleton-70-Institutional-Marketing-Sheet.pdf

As far as I understand each of the underlying indices (e.g. the MSCI All Country World Index) are managed on a passive basis. However, the actual split between the underlying passive investments can be changed actively by Sygnia, bearing in mind that they are benchmarked against the original strategic split.

Thanks!