Allan Gray Africa ex-SA Bond Fund (USD) (Class C)
The Allan Gray Africa ex-SA Bond Fund currently has no capacity constraints. The Fund trades weekly on a Thursday. If redemptions on any trade day are more than US$5 000 000 or 2.5% of the total Net Asset Value of the Fund (whichever is less), the Investment Manager may, at its discretion, redeem only 2.5% of the total Net Asset Value of the Fund or US$5 000 000 (whichever is less), on a pro rata basis among the Members of the Fund, per trade day. If any redemptions requests are not satisfied in full, the balance thereof will be carried forward to the following trade day, subject to the same 2.5% restriction. Note that, in the case of substantial redemptions, the Investment Manager retains the right to distribute all or part of any redemption proceeds in specie.