sanlam industrial fund 30 april 2007 andrew kingston bcom g dip acc ca sa cfa class r 1 13 a 71 total expense ratio 06 14 66 cents per unit 31 12 38 32 3 33 25 97 last two distributions 15 00 quarter end 17 valuation time of 00trading closing vat included annual service fee june and decemberincome declaration dates 4 th working day in july januaryincome price lump sum r1m monthly r5 000 r200 minimum investment 54 unitopening 5 70 initial r635 millionfund size highrisk rating ftse jse indexbenchmark originally launched on 03 08 1966 launch date standard bank domestic equity fundsclassification trustee the seeks capital growth by investing selected shares sector this is suited