Contents

• How do I use the Graphs?
• Types of Graphs
• Assumptions and Calculations
• • Growth Graphs
  • Return Graphs

Different graph options are simply selected by clicking the relevant buttons on the graph window, as follows:

Growth and Return Graphs

Graph Period

If the fund has not been available for a particular period, the button will be disabled and will appear "grayed".

Bar or Line Graphs

The currently selected type of graph button will appear to be depressed. Simply click the other button if you would like that type of graph to be displayed.

Easy Info on Unit Trusts provides two graphical analyses for each fund, viz. a Growth Graph and a Return Graph. These graphs give different views of the performance of the particular fund over specified time periods and are compared in both cases to the inflation rate, as measured by the CPI. All graphs may be viewed as either line graphs or bar graphs.

Expressed simply, the growth graph charts the increase in value of a lump sum of R100 invested at the starting date to the present. Each value charted is the amount that would be obtained, if the investment was withdrawn from the fund at that date.

The growth of the inital investment due to inflation is calculated from the monthly CPI figures supplied by the Central Statistical Services. Each value along the chart represents the real value of the inital investment sum at that date.

See also: Assumptions for Growth Graphs

Return Graph

Expressed simply, the return graph measures the performance of the fund over the preceding year, for each quarter over the period in question.

Its is calculated by taking the growth of a lump sum invested a year prior to the date for which a return is being calculated. The increase in value is expressed as a percentage. This calculation is repeated for each quarter in the period being graphed.

The inflation return graph is similarly calculated using the monthly CPI to determine the real value of the investment, starting a year prior to the date being charted.

See also: Assumptions for Return Graphs

Graph Periods

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The following applies to both Growth and Return Graphs:

• All graph calculations are based on Price data supplied by Prof. Hugo Lambrechts of the University of Pretoria.
• An initial lump sum investment of R100 invested at the beginning of the period.
• All dividends are reinvested at the buyers price on the day that the dividend is physically paid out. This is true for all funds, including growth funds.
• Assumptions for Growth Graphs
• Assumptions for Return Graphs

Growth Graphs

The full 5% initial charge is subtracted.

Growth graphs are calculated using the Selling to Repurchase prices, with the exception of the 1 year graphs, which is based on Selling to Selling prices. (See also: Assumptions for all graphs)

Return Graphs

The return is calculated as an annual interest each quarter from the corresponding quarter of the previous year. (See also: Assumptions for all graphs)

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What are the Different types of Graphs?

What does a Growth Graph show?

What does a Return Graph show?

How are the graphs calculated?

How do I use the Graphs?

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