Class A units
Managed funds are broken into units which entitle owners of units to a portion of the ownership of the assets of the managed fund. Sometimes, managed funds have multiple classes of units with different fee levels. Class A unit are the ‘standard’ units of each of our funds.
Capital appreciation / growth
Stands for “Capital Gains Tax”, a tax on the capital gain made from the sale of assets such as shares or property.
Increase in the capital value of an asset such as an investment in shares or property etc. It does not take into account distributions such as dividends.