Welcome

We trust that you and your families have had a blessed festive season and wish you all the very best for the New Year. May 2011 bring you peace, happiness and all the wonderful things that you wish yourselves!

We are back at work and look forward to seeing you in the near future.

Welcome to the first newsletter of 2011. We plan to bring you topical investment news and market information on a monthly basis. We hope that you will find this newsletter informative and useful and that it will assist you in making informed investment planning and life style decisions.

 Fund Focus

In this newsletter we would like to introduce our readers to the Coronation Balanced Plus Fund.

Balanced funds invest into different asset classes such as equities, bonds, cash, and property either locally or offshore. Balanced funds generally comply with regulation 28 of the Pension Funds Act which limits the equity exposure to 75% of the fund. This means that they are generally suitable for pension fund investors.

 The Coronation Balanced Plus Fund has achieved the following historical returns:(Figures supplied by Morningstar as at 30^th November 2010

 

The Coronation Balanced Plus Fund is suitable as the complete investment portfolio for investors in retirement annuities, preservation funds, pension funds and provident funds. The Coronation Balanced Plus has a moderate risk profile.

The fund is suitable for investors:

building up long-term retirement capitalrequiring a moderate capital growth portfolio

• looking to preserve the purchasing power of their capital over the long term, but not prepared to accept the short-term turbulence of the equity market
•  with a time horizon of five years or longer

The recommended term for this investment is five years and longer. The fund has a moderate risk profile as it will at all times hold a variety of different types of assets.

General

The Financial Service Board is empowered to conduct on-site risk assessment visits to ensure that Financial Service Providers comply with the Financial Advisory and Intermediary Services Act and the subordinate legislation. In November 2010 the Financial Service Board conducted a thorough on-site risk assessment of Kevin Mills Financial Services cc. The assessment was satisfactory and there were no material issues of concern.

We would like to hear from you. If you would like us to discuss any particular investment topic, product or strategy please let us know and we will try to address the subject in a future newsletter.