STANLIB Platform: Fund Ballots

The Manager of a unit trust fund may request to change a unit trust fund mandate, close a fund, or merge a fund with another unit trust fund. Affected investors in the Classic Investment Plan and STANLIB Linked Tax Free Savings Plan will be required to vote for or against the request in a ballot. For the Classic Retirement Annuity Fund, and the Classic Preservation Plans, the Trustees of the product will vote on behalf of the investors. Liberty Group Limited will vote for the Classic Linked Life Annuity.

Ballots in progress:

Unit Trust fund ballots: Upcoming and in progress

Unit Trust Fund Name Requested change Ballot closure date Proposed implementation date Details of change
EFPC BCI Balanced Fund Amalgamation of the EFPC BCI Balanced Fund into Naviga BCI Balanced Growth FoF 31 July 2018 1 September 2018 Link


Should a ballot pass and be implemented, the change will automatically take place on affected investors accounts.

The table below contains information of ballots which have been completed in the last two months, and the date on which the fund changes, if applicable, will take place.

Unit Trust Fund Name Requested change Ballot closure date Implementation date Trade freeze period Details of change
EFPC BCI Balanced Fund Amalgamation of the EFPC BCI Balanced Fund into Naviga BCI Balanced Growth FoF 31 July 2018 1 September 2018 1 September 2018 BIC