EXECUTIVE SUMMARY JULY 2017 THE CORION REPORT
|
|
- Alaina Brown
- 6 years ago
- Views:
Transcription
1 1 EXECUTIVE SUMMAY JULY 2017 THE COION EPOT MONTHLY CIS INSIGHTS / OCTOBE 2017 PIONEEING. PATNEING. PEFOMING.
2 2 EXECUTIVE SUMMAY OCTOBE 2017 The Environment Asset Classes* Equity Industries The Equity market continued its strong rally since the middle of the year, adding in October, and 17% from June. Bonds depreciated 3% and the and weakened 0% in the wake of the Finance s Ministers budget speech. Property and Cash returned 0 and respectively. INDUSTIALS ESOUCES 8.1% 6.4% CONSUME SEVICES BASIC MATEIALS 13% 7.1% The Industrials sector was the best performing sector, returning 8.1% and bringing the year-todate performance to 29.5%. esources gained 6.4% whilst Financials appreciated 6%. The depreciation of the and meant that the best and worst performing shares can generally be identified by their and Hedge characteristics. There were two notable exceptions to this trend. Capitec shrugged off the domestic news flow and gained 10.0%. Mondi dropped 6.2% after a trading update that was below expectations. EQUITIES US$/AND POPETY 7% 6% 0% CONSUME GOODS INDUSTIALS HEALTH CAE 5% 6% 3% 5% Interesting Facts and Quotes BONDS -3% TELECOMMUNICATION -7% Although there are over 50 Local CIS Management Companies, five Manco s account for over 50% of the industry assets. This and broader insights are illustrated on page three of the report. According to the IMF, South Africa has the highest public sector wage bill as percentage of GDP when compared to its emerging market peers. NASPES SASOL Best Top % 15% MEDICLINIC MONDI LTD Worst Top % -6.2% Amazon stock jumped 15% on the 27th of October. It is believed that founder Jeff Bezos wealth increased by more than $10 billion from the one-day stock surge. According to data from Bloomberg s Billionaires Index, he has now eclipsed Bill Gates as the world s richest man. LIFE HEALTHCAE CAPITEC 10.5% 10.0% MONDI PLC WOOLWOTHS -6.1% -9% The S&P 500 has gone 248 trading days without trading more than 3% below its record high, the longest streak ever for the index, according to LPL Financial. ANGLO AMEICAN BAT 9.4% 7.5% VODACOM GOLD FIELDS -7% -3% NEPI OCKCASTLE 7.5% M PICE -7% *FTSE/JSE SA Listed Property (Property), FTSE/JSE Indl 25 (Industrials), FTSE/JSE All Share (Equities), FTSE/JSE esources 10 (esources), Beassa ALBI (Bonds) and FTSE/JSE Financial 15 (Financials) were used as indicies for each asset class
3 3 COLLECTIVE INVESTMENT SCHEMES INDUSTY SYNOPSIS AUM OF SA FUNDS AUM BY CIS MANCO eal Estate 4% Equity 20% Other 23% Allan Gray 13% Coronation 11% Foord 4% Prudential 4% Stanlib 10% Multi Asset 50% Interest Bearing 26% ABSA 5% Sanlam 6% Investec 9% Old Mutual 7% Nedgroup 8% Billions INDUSTY AUM Worldwide 104 Global 152 South African 1269 NUMBE OF FUNDS eal Estate 80 No 664 Institutional 222 Interest Bearing 173 Equity 406 etail 1334 Multi Asset 897 Yes June 2014 June 2015 June 2016 June 2017 Geography Asset Class eg 28 etail / Institutional Datasource: Local fund statistics as reported by ASISA as at 30 June 2017
4 4 ASSET CLASS ETUNS OCTOBE 2017 BEST INDUSTIALS 8.1% INDUSTIALS 10.2% INDUSTIALS 29.5% INDUSTIALS 26.4% INDUSTIALS 19% ESOUCES 6.4% ESOUCES 10.1% ESOUCES 19.8% ESOUCES 23% POPETY 10.9% EQUITIES EQUITIES 8.1% EQUITIES 19.6% EQUITIES 20.1% EQUITIES 9.0% US DOLLA 7% US DOLLA 7.2% POPETY 10.3% 19% US DOLLA 8.6% 6% POPETY 0% 7.0% POPETY 11% BONDS 6% POPETY 0% 1% BONDS 4% BONDS 0% 9% WOST BONDS -3% BONDS -0.2% US DOLLA 4% US DOLLA 9% ESOUCES -4% 1 MONTH 3 MONTHS YTD 1 YEA 3 YEAS Datasource: Morningstar eturns longer than one year annualised
5 5 PEFOMANCE ASISA SA EQUITY GENEAL ONE MONTH AS AT 31 OCTOBE 2017 ONE YEA AS AT 31 OCTOBE 2017 BEST PEFOMING ETUN ELATIVE BEST PEFOMING ETUN ELATIVE Satrix Momentum Index Investec Value Momentum MoM Emerg Mgr Growth Investec SA Value Ashburton Enhanced Value SA Tracker % 9.4% 9.1% 8.0% 7.6% 4% 2% 9% 8% 5% Momentum MoM Emerg Mgr Growth Ashburton Enhanced Value SA Tracker Satrix Momentum Index Element Islamic Equity SCI Momentum MoM Ultra Long-Term Value % 29% 24% 25% 25% 12% 19% 14% 8.5% 8.5% WOST PEFOMING ETUN ELATIVE WOST PEFOMING ETUN ELATIVE Sentio SCI HIKMA Shariah General Equity Counterpoint MET High Yield Equity Bridge Equity Income Growth Old Mutual High Yield Opp Investec Wealth & Investment Dynamic Eq % 3% 4% 3% 4% -6% -9% -7% -9% -7% Investec Wealth & Investment Dynamic Eq Investec Value Sentio SCI HIKMA Shariah General Equity Investec SA Value Sanlam Institutional Special Opps % -0.4% 3% 0% 5% -10% -14% -17% -10% -10.5% LAGEST FUNDS ETUN ELATIVE LAGEST FUNDS ETUN ELATIVE Allan Gray Equity Coronation Top 20 Prudential Core Value Nedgroup Inv ainmaker Old Mutual Investors % 3% 6% 6.2% 0.3% 2% 0.2% 0.5% 1% Allan Gray Equity Coronation Top 20 Prudential Core Value Nedgroup Inv ainmaker Old Mutual Investors % 24% 18.6% 12% 10.0% 5% 8.4% 6% 2% -0% INDUSTY ETUN ELATIVE INDUSTY ETUN ELATIVE ASISA SA Equity General Category Ave Equities - FTSE/JSE All Share Index Bonds - JSE All Bond Index Cash - STeFI Call Deposit Index 1% -3% 1% -7.4% -6% ASISA SA Equity General Category Ave Equities - FTSE/JSE All Share Index Bonds - JSE All Bond Index Cash - STeFI Call Deposit Index 10% 20.1% 0% 6.9% 7.1% -8.0% -6.1% The eport has been designed to provide a high level overview of the CIS Industry over a short term. No meaningful investment decisions should be made using the eport in isolation. Funds without an updated price for month end, at the time of compiling, have been omitted. Datasource: Morningstar, pre month end sign off; Minimum fund size: 100 milion. *elative Performance is relative to the Category Average
6 6 FLOWS ASISA SA EQUITY GENEAL ONE MONTH AS AT 30 SEPTEMBE 2017* ONE YEA AS AT 30 SEPTEMBE 2017* INFLOWS - ONE MONTH INFLOWS - ONE YEA ABSA Multi-Managed Equity Prudential Core Value Fairtree Equity Prescient Steyn Capital Equity Prescient Nedgroup Inv Value Fairtree Equity Prescient Satrix Momentum Index Denker SCI SA Equity PSG Equity Visio BCI SA Equity Fund OUTFLOWS - ONE MONTH OUTFLOWS - ONE YEA Momentum eal Growth Equity STANLIB MM SA Equity Foord Equity Nedgroup Inv ainmaker ABSA BCI Institutional Equity Allan Gray Equity Oasis Crescent Equity Foord Equity Prudential Core Value SIS Equity Datasource: Morningstar, pre month end sign off. *Flow data is one month delayed. All flows reported in millions in ands.
7 7 PEFOMANCE ASISA SA HIGH EQUITY ONE MONTH AS AT 31 OCTOBE 2017 ONE YEA AS AT 31 OCTOBE 2017 BEST PEFOMING ETUN ELATIVE BEST PEFOMING ETUN ELATIVE Laurium Balanced Prescient Capricorn SCI Balanced Celtis BCI Managed FoF Autus BCI Balanced Momentum Enhanced Growth Plus FoF % 1% 1% 0% 0% 8% 3% 3% 2% 2% SMMI Aggressive Balanced One SMMI Balanced One Laurium Balanced Prescient SMMI Prudential Balanced 1 Kagiso Balanced % 19.0% 18.6% 18.3% 18.1% 7.1% 6.4% 6.1% 7% 6% WOST PEFOMING ETUN ELATIVE WOST PEFOMING ETUN ELATIVE Bridge Managed Growth ABSA MM Absolute eturn Prudential STANLIB Inflation Plus 5% PSG Balanced AF Investments Focus % 6% 9% 9% 1% -6% -1% -9% -8% -7% Imalivest SCI Balanced enaissance BCI Managed STANLIB Inflation Plus 5% Oasis Balanced ABSA MM Absolute eturn Prudential % 6.5% 7.2% 7.3% 7.4% -8.6% -6.0% -3% -2% -1% LAGEST FUNDS ETUN ELATIVE LAGEST FUNDS ETUN ELATIVE Allan Gray Balanced Coronation Balanced Plus Investec Opportunity Foord Balanced Discovery Balanced % 5% 4% 5% 3% 0.7% -0.4% -0.3% 0.5% Allan Gray Balanced Coronation Balanced Plus Investec Opportunity Foord Balanced Discovery Balanced % 11% 17% 18% 13% 6% -0.8% 2% 7% INDUSTY ETUN ELATIVE INDUSTY ETUN ELATIVE ASISA SA Multi Asset High Eq Category Ave Equities - FTSE/JSE All Share Index Bonds - JSE All Bond Index Cash - STeFI Call Deposit Index 8% -3% 5% -6.1% -2% ASISA SA Multi Asset High Eq Category Ave Equities - FTSE/JSE All Share Index Bonds - JSE All Bond Index Cash - STeFI Call Deposit Index 15% 20.1% 0% 6.9% 7.6% -7.5% -6% The eport has been designed to provide a high level overview of the CIS Industry over a short term. No meaningful investment decisions should be made using the eport in isolation. Funds without an updated price for month end, at the time of compiling, have been omitted. Datasource: Morningstar, pre month end sign off; Minimum fund size: 100 milion. *elative Performance is relative to the Category Average
8 8 FLOWS ASISA SA HIGH EQUITY ONE MONTH AS AT 30 SEPTEMBE 2017* ONE YEA AS AT 30 SEPTEMBE 2017* INFLOWS - ONE MONTH INFLOWS - ONE YEA PSG Balanced Allan Gray Balanced Allan Gray Balanced SMMI Moderate Balanced One Investec Opportunity PSG Balanced Discovery Balanced SMMI Balanced One Abax Balanced Prescient Discovery Balanced OUTFLOWS - ONE MONTH OUTFLOWS - ONE YEA Foord Balanced Foord Balanced AF Investments Focus STANLIB Balanced AF Investments Performer Managed Investec Opportunity ezco Value Trend Coronation Balanced Plus STANLIB MM Balanced AF Investments Focus Datasource: Morningstar, pre month end sign off. *Flow data is one month delayed. All flows reported in millions in ands.
9 9 PEFOMANCE ASISA SA LOW EQUITY ONE MONTH AS AT 31 OCTOBE 2017 ONE YEA AS AT 31 OCTOBE 2017 BEST PEFOMING ETUN ELATIVE BEST PEFOMING ETUN ELATIVE Allan Gray Optimal 1st Fusion Ci Temperate Financial Fitness Stable IP FoF STANLIB Balanced Trustees FoF Instit BCI Stable FoF % 6% 4% 3% 2% 2% 5% 4% 2% 1% Element eal Income SCI Prime Balanced Income FoF Personal Trust Conservative Mgd Cadiz Stable Sasfin BCI Stable % 16% 15% 15% 11% 7.2% 7% 6% 6% 2% WOST PEFOMING ETUN ELATIVE WOST PEFOMING ETUN ELATIVE Sanlam Stable Growth FNB Stable FoF Old Mutual eal Income Prime Stable FoF SIM Mgd Conservative FoF % 0.5% 0.5% 0.7% -8% -6% -6% -5% -4% Allan Gray Optimal STANLIB Medical Investment Sanlam Stable Growth enaissance BCI Cautious ABSA Absolute % 6.5% 6.6% 6.8% -6.5% -6% -4% -3% -1% LAGEST FUNDS ETUN ELATIVE LAGEST FUNDS ETUN ELATIVE Allan Gray Stable Prudential Inflation Plus Coronation Balanced Defensive Nedgroup Inv Stable SIM Inflation Plus % 8% 4% 7% 3% 0% 0.7% 0.3% -0.4% 0.2% Allan Gray Stable Prudential Inflation Plus Coronation Balanced Defensive Nedgroup Inv Stable SIM Inflation Plus % 10.3% 10.9% 11% 19% 5% 0.4% 0% 2% 0% INDUSTY ETUN ELATIVE INDUSTY ETUN ELATIVE ASISA SA Multi Asset Low Eq Category Ave Equities - FTSE/JSE All Share Index Bonds - JSE All Bond Index Cash - STeFI Call Deposit Index 1% -3% 2% -4% -5% ASISA SA Multi Asset Low Eq Category Ave Equities - FTSE/JSE All Share Index Bonds - JSE All Bond Index Cash - STeFI Call Deposit Index 9.9% 20.1% 0% 6.9% 10.2% -9% -0% The eport has been designed to provide a high level overview of the CIS Industry over a short term. No meaningful investment decisions should be made using the eport in isolation. Funds without an updated price for month end, at the time of compiling, have been omitted. Datasource: Morningstar, pre month end sign off; Minimum fund size: 100 milion. *elative Performance is relative to the Category Average
10 10 FLOWS ASISA SA LOW EQUITY ONE MONTH AS AT 30 SEPTEMBE 2017* ONE YEA AS AT 30 SEPTEMBE 2017* INFLOWS - ONE MONTH INFLOWS - ONE YEA PSG Stable Momentum SA Defensive Growth Fund Abax Absolute eturn Prescient SIM Inflation Plus Sasfin BCI Stable STANLIB MM Defensive Balanced Old Mutual Stable Growth PSG Stable Discovery Cautious Balanced Allan Gray Stable OUTFLOWS - ONE MONTH OUTFLOWS - ONE YEA ABSA Absolute Nedgroup Inv Stable Coronation Balanced Defensive ABSA Absolute Prudential Inflation Plus Coronation Balanced Defensive Nedgroup Inv Stable Prudential Inflation Plus STANLIB Balanced Cautious STANLIB Balanced Cautious Datasource: Morningstar, pre month end sign off. *Flow data is one month delayed. All flows reported in millions in ands.
11 11 ABOUT COION Corion is a market leading, multi-strategy investment company. Previously a division of Brait SA Ltd, the business was founded in 2001 and was one of the pioneers of the South African Alternative Investment Industry. Over this period, Corion has built up substantial experience and expertise in the management of specialised investment solutions. The company, which has had the pleasure of investing assets on behalf of some of South Africa s largest Institutions and Pension Funds, continuously aims to discover new ideas, themes and innovative solutions. This has, and will continue to be, the driver of our proud and consistent track record. COION FUNDS FUND INCEPTION 1 MONTH* 3 MONTHS 1 YEA 2 YEAS SI** COION ABSOLUTE NCIS FoHF Outperform Cash COION GAVITAS NCIS IF Outperform 50% Equities & 50% Cash COION POSPEITAS NCIS IF Outperform Equities COION PIME STABLE ASISA Low Equity COION PIME GOWTH ASISA High Equity NOV 2001 JUN 2015 JUN 2013 MA 2015 MA % 4% -7% 8% 1% 5% 8% 5% 7% 1% 9% -2% 8.1% 6% 8% 2% 5% 7.2% 6.9% 7.2% 15% -0% 20.1% % 14% 16% 7.7% 6.8% 9.4% 7.4% 3% 7.7% 7.5% 6.9% 9% 10.1% 7.5% 9.8% 7.6% 16% 13% 7.3% 6.5% 7.0% 6.1% *One month Hedge Fund returns are an estimate. **Since Inception return. eturns are annualised for periods longer than one year. CONTACT US SINCE INCEPTION PEFOMANCE Garreth Montano Business Development gmontano@corion.co.za David Bacher Chief Investment Officer dbacher@corion.co.za
12 12 DISCLAIME & OTHE IMPOTANT INFOMATION COION CAPITAL Corion Capital (Pty) Ltd (Corion Capital) is an authorised financial services provider in terms of section 8 of the Financial Advisory and Intermediary act, 2002, FSP number 4452 The eport has been designed to provide a high level overview of the CIS Industry over a short term. In isolation, no meaningful investment decisions should be made using the eport. While every effort has been made by Corion Capital to ensure that the information contained in this report is accurate and up to date, no representations or warranties are made or given as to the accuracy and suitability of the information contained therein for any particular purpose. Corion Capital shall under no circumstances whatsoever be liable or responsible for any damages or loss, whether direct or indirect, or whether in contract or in delict, which may be incurred or suffered arising out of the use of this report, or the use of any information contained therein. Corion has a conflict of interest policy which outlines the manner in which conflicts of interest are managed. A copy of the document is available on request. One can also obtain additional information on Corion s products on the Corion website ( and all price related queries or information is readily available on request. Corion Capital Details egistration No: 2007/002166/07 Tel: Address: The District, Block B, 6th Floor, clientservices@corion.co.za 41 Sir Lowry oad, Woodstock, 7925 Website: GENEAL Performance numbers and graphs are sourced from Morningstar (Pty) Ltd using NAV to NAV figures. However the returns shown are only signed off after the 5th business day post month end. Consequently distributions for some funds might not be reflected in the return data and some fund returns are subject to change. The investment performance is for illustrative purposes only. The investment performance is calculated after taking the actual initial fees and all ongoing fees into account. The reinvestment of income is calculated on the actual amount distributed per participatory interest by using the ex-dividend date NAV price of the applicable class of the portfolio, irrespective of the actual reinvestment date. Collective Investment Schemes are generally medium to long term investments. The value of participatory interests may go down as well as up. Investors should take cognisance of the fact that there are risks involved in buying or selling any financial product, that the past performance of a financial product is not necessarily indicative of the future performance and that the value of financial products can increase as well as decrease over time, depending on the value of the underlying securities and market conditions. Portfolios which contains offshore exposure can result in additional material and other risks, potential constraints on liquidity and the patriation of funds. COION NCIS ETAIL HEDGE FUNDS Corion Capital has entered into a co-named agreement with Novare CIS (F) (Pty) Limited (Novare CIS) regarding the administration of Corion s etail Hedge Funds. Novare CIS is an authorised Management Company registered according to the Collective Investment Schemes Control Act (CISCA) 45 of 200 Novare CIS retails full legal responsibility for the co-named Corion NCIS etail Hedge funds. isk management of the portfolio is done by Novare CIS. Novare CIS has the right to close the portfolio to new investors in order to manage it more efficiently in accordance with its mandate. The Corion NCIS etail Hedge Funds are audited by Price Waterhouse Coopers, administrated by Maitland Hedge Fund Services (Pty) Limited while Firstand Bank Limited are the appointed Trustees. The level of counter party exposure is restricted to funds that are administered by Novare CIS and the respective prime brokers of the underlying portfolio. A portion of the capital is held with respective prime brokers (detail available on request). The Portfolio is allowed to make use of leverage, provided by prime brokers. The Exposure Value-at-isk is limited to 20% per month at 99% confidence level. The liquidity risk management policy and Novare s CIS schedule of fees and charges are available on request. Novare CIS Details egistration No: 2013/191159/07 Tel: P.O. Box: 4742, Tyger Valley, 7736, South Africa clientservice@novare.com Directors: ene Miles, Leon de Wit, Derrick oper Website: Geoffrey Carter and Johan Basson. COION PIME CIS POTFOLIOS Corion Capital has entered into a co-named agreement with Prime Collective Investment Schemes Management Company (F) (Pty) Limited (Prime) regarding the administration of Corion s Collective Investment Schemes. Prime is an authorised Management Company registered according to the Collective Investment Schemes Control Act (CISCA) 45 of 200 Prime retains full legal responsibility for the co-named Corion Prime CIS s. The Corion Prime CIS s are administrated by Global Independent Administrators (Pty) Ltd while Societe Generale Security Services are the appointed Trustees. Prime Details eg. No. 2005/017098/07 Tel number: ; PostNet Suite 208, Private Bag X9, save@primeinvestments.co.za Benmore, 2010 Website: primeinvestments.co.za
EXECUTIVE SUMMARY JULY 2017 THE CORION REPORT
1 EXECUTIVE SUMMAY JULY 2017 THE COION EPOT MONTHLY CIS INSIGHTS / NOVEMBE 2017 PIONEEING. PATNEING. PEFOMING. 2 EXECUTIVE SUMMAY NOVEMBE 2017 The Environment During a volatile month for most asset classes,
More informationEXECUTIVE SUMMARY JULY 2017 THE CORION REPORT
1 EXECUTIVE SUMMAY JULY 2017 THE COION EPOT MONTHLY CIS INSIGHTS / AUGUST 2018 PIONEEING. PATNEING. PEFOMING. 2 EXECUTIVE SUMMAY AUGUST 2018 The Environment The and weakened 12% in August due to the ongoing
More informationEXECUTIVE SUMMARY JULY 2017 THE CORION REPORT
1 EXECUTIVE SUMMAY JULY 2017 THE COION EPOT MONTHLY CIS INSIGHTS / MACH 2018 PIONEEING. PATNEING. PEFOMING. 2 EXECUTIVE SUMMAY MACH 2018 The Environment Much of the performance theme experienced in February
More informationTHE CORION REPORT. MONTHLY CIS INSIGHTS february 2019 PIONEERING. PARTNERING. PERFORMING. interactive PDF
THE COION EPOT MONTHLY CIS INSIGHTS february 2019 interactive PDF PIONEEING. PATNEING. PEFOMING. FEB FEBUAY 2019 The Environment Asset Classes* Equity Industries The Equity market continued to rebound,
More informationEXECUTIVE SUMMARY JULY 2017 THE CORION REPORT MONTHLY CIS INSIGHTS OCTOBER 2018 PIONEERING. PARTNERING. PERFORMING.
1 EXECUTIVE SUMMAY JULY 2017 THE COION EPOT MONTHLY CIS INSIGHTS OCTOBE 2018 PIONEEING. PATNEING. PEFOMING. EXECUTIVE SUMMAY OCTOBE 2018 THE ENVIONMENT Equities depreciated by 8%, in line with the global
More informationTHE CORION REPORT MONTHLY CIS INSIGHTS / APRIL 2017
THE COION EPOT MONTHLY CIS INSIGHTS / APIL 2017 02 EXECUTIVE SUMMAY APIL 2017 ASSET CLASS ETUNS The Environment Local markets strengthened during April, along with most emerging markets. This was partly
More informationEXECUTIVE SUMMARY JULY 2017 THE CORION REPORT
1 EXECUTIVE SUMMAY JULY 2017 THE COION EPOT MONTHLY CIS INSIGHTS / JUNE 2018 PIONEEING. PATNEING. PEFOMING. 2 EXECUTIVE SUMMAY JUNE 2018 The Environment The Equity market ended up 8%, despite an escalating
More informationThe Matrix Review. December 2018
The Matrix Review December 2018 Why Matrix Fund Managers Diversified Business Long funds AUM = R5.9 billion Hedge funds AUM = R3.1 billion Robust investment process across asset classes Evolution Hedge
More informationSTANLIB PLATFORM INVESTMENT PORTFOLIO RANGE
STANLIB Class TIC (Total Investment Charge) Reg 28 Compliance STANLIB Absolute Plus Fund B1 1,36% Yes STANLIB Aggressive Income Fund B6 1,07% No STANLIB ALBI (NON TR) Index Tracker Fund B1 0,34% No STANLIB
More informationABSA Select Equity Fund x 0.25% 1.50% x
FUND LIST PSG Asset Management Class Clean Class Rebate PSG Balanced Fund E 0.00% 1.00% PSG Equity Fund A x 0.40% 1.50% x PSG Equity Fund B x 0.40% 1.00% x PSG Equity Fund E 0.00% 0.75% x PSG Diversified
More informationPlexCrown Unit Trust Survey: Fourth Quarter 2017
PlexCrown Unit Trust Survey: Fourth Quarter 2017 Overview of retail rand-denominated unit trust and FSB-approved foreign collective investment scheme returns, fund s and management company s for the quarter
More informationFund List. PSG Funds Platform Administration fee per year. Initial fee Ongoing fee 0.228% Annual Fund Fees (excl. VAT)
FUND LIST PSG Funds Platform Administration fee per year Initial fee None Ongoing fee 0.228% The Ongoing Platform Administration fees are calculated on the value of your investment portfolios, deductible
More informationInvestor Platform Fund List
Bond Income Multi Multi Risk expectation Bond Allan Gray Bond Fund Bond Fund GOVI Tracker Fund Multi Manager Bond Fund Momentum Bond Fund Nedgroup Investments Bond Fund Stanlib Bond Fund market Fund Multi
More informationSOUTH AFRICAN RETIREMENT ANNUITY FUND (SARAF) SARAF INVESTMENT PERFORMANCE UPDATE FOR THE PERIOD ENDED 31 MARCH 2018
SOUTH AFRICAN RETIREMENT ANNUITY FUND (SARAF) SARAF INVESTMENT PERFORMANCE UPDATE FOR THE PERIOD ENDED 31 MARCH 2018 Investment Product Absa Global Value Feeder Fund -4.7% -8.5% 2.8% 9.5% 14.8% 8.5% Allan
More informationGRAYSWAN SCORECARDS 01 DECEMBER 2017
GRAYSWAN SCORECARDS 01 DECEMBER 2017 Gray Swan Financial Services (Pty) Ltd (Reg No: 2010/009813/07) is an authorised Financial Services Provider (FSP No: 42290). we keep the score, you secure the win
More informationCLASSIC LIST OF FUNDS
STANLIB Class Fund Charge (VAT excl.) Performance Risk Rating Regulation 28 Compliance STANLIB Money Market Fund *** R 0.50% Conservative STANLIB Institutional Money Market Fund **** B13 0.50% Conservative
More informationCLASSIC LIST OF FUNDS
STANLIB Class Fund Charge (VAT excl.) Performance Risk Rating Regulation 28 Compliance STANLIB Money Market Fund *** R 0.50% Conservative STANLIB Institutional Money Market Fund **** B13 0.50% Conservative
More informationSOUTH AFRICAN RETIREMENT ANNUITY FUND (SARAF) SARAF INVESTMENT PERFORMANCE UPDATE FOR THE PERIOD ENDED 30 SEPTEMBER 2017
SOUTH AFRICAN RETIREMENT ANNUITY FUND (SARAF) SARAF INVESTMENT PERFORMANCE UPDATE FOR THE PERIOD ENDED 30 SEPTEMBER 2017 Investment Product Absa Global Value Feeder Fund 5.8% 12.4% 17.5% 16.1% 22.1% 9.7%
More informationSTANLIB Linked Range. STANLIB Linked Fund Range. STANLIB Linked Fund Range (Retail Growth) Other STANLIB Funds. STANLIB White Labelled Funds
Click on the relevant tab to view the list. STANLIB Linked Fund Range STANLIB ABSA Allan Gray Cadiz Coronation Foord Investec Liberty Marriott Melville Douglas Nedgroup Old Mutual Prescient Prudential
More informationLinked Investments Tax-Free Savings Plan
Linked Investments Tax-Free Savings Plan Fund List Click on the relevant tab to view the list. # All fees are exclusive of VAT # No performance Fees are charged on these funds. Please refer to the fund
More informationSYGNIA PERFORMANCE MARCH EDITION 01 SYGNIA CONTINUES TO DELIVER TOP PERFORMANCE
SYGNIA PERFORMANCE MARCH 2016. EDITION 01 SYGNIA CONTINUES TO DELIVER TOP PERFORMANCE 2015 saw the tail-end of an extraordinary bull market which started after the co-ordinated relaxation of monetary policies
More informationDelta Cautious Plus Wrap Fund
31 August 2018 To make a lasting difference Fund Information Inception Date 01 July 2010 Fund Size Benchmark R 255.3 million SA Multi Asset Low Equity Risk Profile Low Risk X X X X X Fee Structure (incl
More informationLinked Investments Tax-Free Savings Plan
Linked Investments Tax-Free Savings Plan Click on the relevant tab to view the list. # All fees are exclusive of VAT # No performance Fees are charged on these funds. Please refer to the fund fact sheets
More informationLinked Investments Tax-Free Savings Plan
STANLIB Linked Investments Tax-Free Savings Plan Fund List ABSA ABSA Absolute Fund C1 0.85% Conservative to Moderate ABSA Select Equity Fund C1 1.00% Aggressive BCI PortfolioMetrix BCI Global Equity Fund
More informationFounder 1964 MOMENTUM SMART PASSIVE +4 Open 2012 TRUSTEE CHOICE PORTFOLIO Open
May 2016 Portfolio Number Founder 1964 MOMENTUM SMART PASSIVE +4 Open 2012 TRUSTEE CHOICE PORTFOLIO Open Provider ** MOMENTUM LIFESTAGES Open 1835 MOMENTUM MULTIMANAGER SMOOTH GROWTH FUND (GLOBAL) Open
More informationLinked Investments Tax-Free Savings Plan. Fund List
Linked Investments Tax-Free Savings Plan Fund List ABSA ABSA Absolute Fund C1 0.85% Conservative to Moderate ABSA Select Equity Fund C1 1.00% Aggressive BCI Anchor BCI Global Capital Plus Feeder Fund A
More informationSanlam Investments Frequently Asked Questions Performance Fees April 2018
Sanlam Investments Frequently Asked Questions Performance Fees April 2018 Disclosure The information to follow does not constitute financial advice as contemplated in terms of the Financial Advisory and
More informationMorningstar Rating Analysis of South African Domiciled Asset Managers
Morningstar South Africa Q3 2017 Morningstar Rating Analysis of South African Domiciled Asset Managers 30 September 2017 Authors: Matthew Mellors Matthew Vass Content Morningstar Rating Analysis of South
More informationLOCAL INVESTMENT PLATFORM FUND LIST EFFECTIVE 15 DECEMBER 2017 VERSION 9.13
LOCAL INVESTMENT PLATFORM FUND LIST EFFECTIVE 15 DECEMBER 2017 VERSION 9.13 IMPORTANT DEFINITIONS AND NOTES The primary aim of our investment platform is to offer investors choice and ease of administration
More informationInvestment Platform Portfolio List as at 1 December 2016
Investment Platform Portfolio List as at 1 December 2016 GENERAL INFORMATION OVERVIEW FEES (Excl. VAT) Name Hollard Prime Money Market Maximise interest income, preserve the fund s capital and provide
More informationLOCAL INVESTMENT PLATFORM FUND LIST. Effective 11 July 2018
LOCAL INVESTMENT PLATFORM FUND LIST Effective 11 July 2018 CONTENTS Important definitions and notes 1 Allan Gray Local Investment Platform Fund List 5 Footnotes 11 Fundhouse ratings 12 Important information
More informationTAX-FREE INVESTMENT FUND LIST. Effective 22 May 2018
TAX-FREE INVESTMENT FUND LIST Effective 22 May 2018 CONTENTS Important definitions and notes 1 Tax-free investment unit trust list 3 Footnotes 7 Fundhouse ratings 8 Important information for investors
More informationSOUTH AFRICAN HEDGE FUND SURVEY
SOUTH AFRICAN HEDGE SURVEY Return Statistics Returns MARKET RETURNS 1 month 3 months 6 months p.a. 5 years p.a. Ytd FTSE/JSE All Share Index 2.7% 9.6% 9.0% 30.1% 17.8% 22.2% 7.0% All Bond Index 0.3% 4.6%
More informationSOUTH AFRICAN HEDGE FUND SURVEY
SOUTH AFRICAN HEDGE SURVEY Licensed Financial Services Provider Return Statistics Returns MARKET RETURNS 1 month 3 months 6 months p.a. 5 years p.a. Ytd FTSE/JSE All Share Index -1.9% 4.5% 13.6% 19.3%
More informationMonthly Feedback 31 March 2016 Ampersand Asset Management. CIS Minimum Disclosure Documents (MDDs) Ampersand Momentum CPI Plus 2 Fund of Funds
Monthly Feedback 31 March 2016 Ampersand Asset Management CIS Minimum Disclosure Documents (MDDs) Ampersand Momentum CPI Plus 2 Fund of Funds Ampersand Momentum CPI Plus 4 Fund of Funds Ampersand Momentum
More informationTAX-FREE INVESTMENT UNIT TRUST LIST EFFECTIVE 9 NOVEMBER 2017 VERSION 3.22
TAX-FREE INVESTMENT UNIT TRUST LIST EFFECTIVE 9 NOVEMBER 2017 VERSION 3.22 IMPORTANT DEFINITIONS AND NOTES The primary aim of our investment platform is to offer investors choice and ease of administration
More informationCore portfolio. our client value proposition. autumn 2017
Core portfolio our client value proposition autumn 2017 What do we mean by good governance? 04 Why partner with Momentum Wealth 04 Why the Core Portfolio range? 06 Glossary 08 Contact us 10 Page 2 of 10
More informationLOCAL INVESTMENT PLATFORM FUND LIST. Effective 19 September 2018
LOCAL INVESTMENT PLATFORM FUND LIST Effective 19 September 2018 CONTENTS Important definitions and notes 1 Allan Gray Local Investment Platform Fund List 5 Footnotes 11 Fundhouse ratings 12 Important information
More informationSouth Africa. Fund Observer
2015 2Q Q4 South Africa Fund Observer Morningstar Fund Observer 4th Quarter 2015 Contents Data: Individual Funds 3 Data: Fund Categories 4 Data: Fund Houses 5 Data: Market Performance 6 Commentary: Quarterly
More informationSOUTH AFRICAN HEDGE FUND SURVEY MAY 2014
SOUTH AFRICAN HEDGE SURVEY Return Statistics Returns MARKET RETURNS 1 month 3 months 6 months p.a. 5 years p.a. Ytd FTSE/JSE All Share Index 1.6% 6.2% 12.0% 21.8% 18.7% 20.2% 8.8% All Bond Index 1.2% 3.3%
More informationSanlam Employee Benefits
Sanlam Employee Benefits Sanlam Plus Pension & Provident Preservation monthly investment fact sheets March 2017 Sanlam Plus Pension & Provident Preservation March 2017 Member Investment Selection Menu
More informationWealth Range Model Portfolios. Snapshot review for the period ended June 2018
Wealth Range Model Portfolios Snapshot review for the period ended June 2018 Agenda Cash-Income Solution (Cash+1%) Wealth Preserver Solution (CPI+3%) Wealth Enhancer Solution (CPI+5%) Wealth Accumulator
More informationSOUTH AFRICAN HEDGE FUND SURVEY
SOUTH AFRICAN HEDGE SURVEY SEPTEMBER 2011 Licensed Financial Services Provider COMMENTS Hedge fund survey commentary New entrant: We welcome Murray Derksen and his Polar Star Fund to the survey. Murray
More informationMarket Commentary. Market Indice Returns. Resources Global Equities Cash 0.6. Global Equities 6.3. Resources Global Equities 15.
Market Commentary The IMF highlighted that the world economy is plateauing as the lender cut its growth forecast for the first time in more than two years, citing escalating trade tensions and stresses
More informationSOUTH AFRICAN HEDGE FUND SURVEY JULY 2014
SOUTH AFRICAN HEDGE SURVEY JULY 2014 Return Statistics Returns MARKET RETURNS 1 month 3 months 6 months p.a. 5 years p.a. Ytd FTSE/JSE All Share Index 0.9% 5.4% 15.5% 28.3% 21.8% 19.5% 12.8% All Bond Index
More informationMarket Commentary. Market Indice Returns. Resources Global Equities Cash 0.6. Global Equities 6.3. Resources Global Equities 15.
Market Commentary The IMF highlighted that the world economy is plateauing as the lender cut its growth forecast for the first time in more than two years, citing escalating trade tensions and stresses
More informationMarch 2007 Interim Results Reviewed. 15 May 2007
March 2007 Interim Results Reviewed 15 May 2007 Agenda Financial highlights Overview of company Financial results Business review Other Retail Institutional CFM International UK & Ireland NAM - Namibia
More informationSanlam Lifestage LIFESTAGE PROGRAMME LIFESTAGE PROGRAMME. How Sanlam Lifestage works. Sanlam Umbrella Fund Monthly Fact Sheet April 2018
Accumulator phase Preserver phase Sanlam Umbrella Monthly Fact Sheet April 2018 Sanlam Lifestage Mandate description Sanlam Lifestage is the s trustee approved default investment strategy and aims to meet
More informationSOUTH AFRICAN HEDGE FUND SURVEY
SOUTH AFRICAN HEDGE SURVEY APRIL 2012 Licensed Financial Services Provider Hedge fund survey commentary INET: New Entrant: Exit: We have recently entered into a business relationship with the I-Net Bridge
More informationMulti-Manager Watch TM Survey for the month ending November 2016
NOVEMBER 20 2016/11/30 2016/09/01 2016/01/01 2015/12/01 2014/12/01 2013/12/01 2011/12/01 2009/12/01 2006/12/01 Multi-Manager Watch Survey Multi-Manager Watch TM Survey for the month ending November 2016
More informationSOUTH AFRICAN HEDGE FUND SURVEY
SOUTH AFRICAN HEDGE SURVEY Licensed Financial Services Provider Hedge fund survey commentary INET: New Entrant: Exit: Exit: Exit: We have recently entered into a business relationship with the I-Net Bridge
More informationSOUTH AFRICAN HEDGE FUND SURVEY
SOUTH AFRICAN HEDGE SURVEY Licensed Financial Services Provider Hedge fund survey commentary INET: New Entrant: Exit: We have recently entered into a business relationship with the I-Net Bridge Group to
More informationSOUTH AFRICAN HEDGE FUND SURVEY
SOUTH AFRICAN HEDGE SURVEY DECEMBER 2011 Licensed Financial Services Provider STEPHEN BRIERLEY Head Hedge Fund Manager Research Cell: +27 (0)21 504 7857 Tel: +27 (0)83 258 8198 Email: sbrierley@symmetry.co.za
More informationIMS. Risk Profiler Investec Investment Management Services. Name: Financial adviser: Risk profile prepared by:
Risk Profiler Name: Financial adviser: Risk profile prepared by: This document or any of its content may not be in whole or in part, be copied, modified, distributed, retransmitted, redistributed, or released
More informationSeed Weekly 14 August 2017
You may have read recently about the rise of or the increased use of the term Model Portfolio in relation to advice led investing. It is a term currently being attributed to the type of portfolios being
More informationIn thousands Actual (113) 6m MA (198) 12m MA (191) Dec-07 Dec-09 Dec-11 Dec-13 Dec-15 Dec-17
may 2018 400 200 In thousands 0-200 -400-600 Actual (113) 6m MA (198) 12m MA (191) -800 Dec-07 Dec-09 Dec-11 Dec-13 Dec-15 Dec-17 40 30 Eurozone France Italy Portugal Germany Spain Greece Ireland 20 10
More informationAbsolute Return Manager Watch TM Survey for the month ending July 2018
JULY 2018 2018/07/31 2018/05/01 2018/01/01 2017/08/01 2015/08/01 2013/08/01 2011/08/01 2008/08/01 Month Ending JULY 2018 2018/04/01 2018/01/01 2017/09/01 2017/05/01 2015/05/01 2011/05/01 2008/05/01 CPI
More informationWealth Range Model Portfolios. Snapshot review for the period ended September 2018
Wealth Range Model Portfolios Snapshot review for the period ended September 2018 Agenda Cash-Income Solution (Cash+1%) Wealth Preserver Solution (CPI+3%) Wealth Enhancer Solution (CPI+5%) Wealth Accumulator
More informationSYGNIA LIMITED PRESENTS 2016 INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 MARCH 2016
SYGNIA LIMITED PRESENTS 2016 INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 MARCH 2016 AGENDA 1. OUR PERFORMANCE 2. SIX MONTHS SINCE LISTING 3. BUSINESS UPDATE INSTITUTIONAL RETAIL 4. FINANCIAL PERFORMANCE
More informationfebruary 2019
february 2019 Momentum multi-managed life stage portfolios returns for february 2019 Lifestages progression The portfolio range has a lifestage model which allows a member of a retirement fund
More informationInvestment Option Brochure
Investment Option Brochure July 2017 Important definitions Fee A1 Class This is an annual fee payable to financial advisors by Prescient for marketing and distribution services. This fee is included in
More informationAbsolute Return Manager Watch TM Survey for the month ending April 2018
APRIL 201 2018/04/30 2018/02/01 2018/01/01 2017/05/01 2015/05/01 2013/05/01 2011/05/01 2008/05/01 Month Ending APRIL 2018 2018/01/01 2017/10/01 2017/09/01 2017/02/01 2015/02/01 2011/02/01 2008/02/01 CPI
More informationMarket Commentary. Market Indice Returns. Resources Global Equities Cash 0.6. Global Equities 6.3. Resources Global Equities 15.
Market Commentary The IMF highlighted that the world economy is plateauing as the lender cut its growth forecast for the first time in more than two years, citing escalating trade tensions and stresses
More informationDelta Global Plus Wrap Fund
31 May 2018 To make a lasting difference Fund Information Inception Date 01 July 2012 Fund Size Benchmark R 21.4 million Global Multi Asset Flexible Risk Profile High Risk X X X X X Fee Structure (incl
More informationMedical-Aid Manager Watch TM Survey for the month ending September 2017
Medical-Aid Manager Watch TM Survey for the month ending September 2017 Objective - The portfolios in this Survey are targeted at Medical Aids and are bound by the restrictions imposed by Regulation 30
More informationRECM MONEY MARKET FUND (Class A) Minimum Disclosure Document - Period ended 30 September 2018
RECM MONEY MARKET FUND (Class A) FUND FACTS Portfolio Manager ASISA Sector Fund Launch Date Inception Date (Class A) Total Fund Size Fund Size (Class A) Min. Investment (Lump Sum) Min. Investment (Monthly)
More informationNAME FEE NAV YIELD CPU HIGH LOW FUND MANAGER
Markets and Commodity figures 03 June 2015 Unit Trust Data - brought to you by: NAME FEE NAV YIELD CPU HIGH LOW FUND MANAGER Growth 5 0 0 0 499.67 457.27 Anglorand Management Co EMH Diversified Income
More informationOLD MUTUAL SUPERFUND SUPERFUND CHOICE AND PRESERVER INVESTMENT PORTFOLIOS AND FEES LIST
OLD MUAL SUPERFUND SUPERFUND CHOICE AND PRESERVER INVESTMENT PORTFOLIOS AND FEES LIST AS AT 1 AUGUST 2015 Risk Profile Profile Name TRUSTEE CHOICE INVESTMENT PACKAGE 0.55% Capital : 0.70% per annum, deducted
More informationSPOTS. Returns achieved 31 MAY 2017 SPECIALIST INVESTMENT SERVICES. Stochastic Portfolio Optimisation Through Simulation
Returns achieved 31 MAY 2017 SPECIALIST INVESTMENT SERVICES Stochastic Portfolio Optimisation Through Simulation SPOTS Third Circle Asset Management (Pty) Ltd, registration number 2004/007420/07, is an
More informationPortfolio Charges. January
Portfolio Charges January 2015-1 - Portfolio Charges - Retail Portfolio name Maximum upfront charge (excl. VAT) Manager charge Intermediary charge 5 Maximum service charge (excl. VAT) Total charge (incl.
More informationMIM SUMMARY OF FUND PERFORMANCE
09/04/2015 08/04/2015 FOR FINANCIAL ADVISERS ONLY MIM SUMMARY OF FUND PERFORMANCE This document was not produced by Old Mutual International. This document was produced by an external user on 09 April
More informationMedical-Aid Manager Watch TM Survey for the month ending April 2018
Medical-Aid Manager Watch TM Survey for the month ending April 2018 Objective - The portfolios in this Survey are targeted at Medical Aids and are bound by the restrictions imposed by Regulation 30 of
More information2011 Q2. South Africa. Fund Observer
2015 Q2 2011 Q2 South Africa Fund Observer Morningstar Fund Observer 2nd Quarter 2015 Contents Data: Individual Funds 3 Data: Fund Categories 4 Data: Fund Houses 5 Data: Market Performance 6 Commentary:
More informationRECM MONEY MARKET FUND (Class A) Minimum Disclosure Document - Period ended 28 February 2018
RECM MONEY MARKET FUND (Class A) The RECM Money Market Fund is a money market unit trust that provides a sensible cash portfolio with very competitive fees. The Fund aims to maximise interest income, preserve
More informationABRIDGED ANNUAL REPORT 2008
ABIDGED ANNUAL EPOT Superior returns at lower than market risk. CHAIMAN S EPOT Mr. Mohamed Shaheen Ebrahim Safeguarding the rights of others is the most noble and beautiful (act) of a human being as (our
More informationRECM MONEY MARKET FUND (Class A) Minimum Disclosure Document - Period ended 31 January 2015
RECM MONEY MARKET FUND (Class A) Minimum Disclosure Document - Period ended 31 January 2015 The RECM Money Market Fund is a money market unit trust that provides a sensible cash portfolio with very competitive
More informationThe Rise of the Minnows
www.indexinvestor.co.za Third Quarter 2015 The Rise of the Minnows By Daniel R Wessels A standout feature of the 2015 Rugby World Cup has been the much improved performances by the minnows of this four-year
More informationABRIDGED ANNUAL REPORT
ABRIDGED ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2018 CONTENTS PAGE RETAIL CLASS UNITS 3 OUR RETAIL HEDGE FUNDS 5 FINANCIAL INFORMATION 23 TRUSTEES REPORT 26 RETAIL CLASS UNITS Prescient RI Hedge Scheme
More informationBatseta Seminar. Understanding risk April 2016
Batseta Seminar Understanding risk April 2016 $350bn Global ETP cumulative flow The global ETP inflow 2015 Source: BlackRock ETP Landscape The global ETP inflow by asset class & exposure 2015 The SATRIX
More informationS.A. Money Market Manager Watch TM Survey for the month ending April 2016
APRIL 2016 2016/04/30 2016/02/01 2016/01/01 2015/05/01 2013/05/01 2011/05/01 2009/05/01 2006/05/01 S.A. Money Market Manager Watch TM Survey for the month ending April 2016 S.A. Money Market Manager Watch
More informationS.A. Money Market Manager Watch TM Survey for the month ending January 2017
JANUARY 2017 31/01/2017 01/11/2016 01/01/2017 01/02/2016 01/02/2014 01/02/2012 01/02/2010 01/02/2007 S.A. Money Market Manager Watch TM Survey for the month ending January 2017 S.A. Money Market Manager
More informationHollard Prime Dynamic Income Fund
Fund Information Fund Objective Portfolio Manager Total Fund Size R590 022 899 ASISA Fund Sector Benchmark Pension Fund Act Reg 28 Income Distribution Dates Investment Horizon Risk Rating Maximising income,
More informationRECM MONEY MARKET FUND (Class A) Minimum Disclosure Document - Period ended 30 April 2015
RECM MONEY MARKET FUND (Class A) The RECM Money Market Fund is a money market unit trust that provides a sensible cash portfolio with very competitive fees. The Fund aims to maximise interest income, preserve
More informationThe minimum ad hoc recurring payment increase is R200 per month - subject to the restrictions under Section 54 of the Long-Term Insurance Act.
For intermediaries June 2017 Cumulus Investments with Recurring Payments Summary of technical information Cumulus Investments is an endowment with an investment term of 5 to 10 years. It is designed to
More informationFIRSTGLOBAL ASSET MANAGEMENT QUARTERLY REPORT QUARTER 3
FIRSTGLOBAL ASSET MANAGEMENT QUARTERLY REPORT QUARTER 3 September 2017 FIRSTGLOBAL Asset Management is an authorised financial services provider FSP nr 20987 MARKET COMMENTARY Edrich Jansen MCom Finance
More informationMarch 2010 Reviewed Interim Results. 6 May 2010
March 2010 Reviewed Interim Results 6 May 2010 Agenda Financial highlights Overview of company Financial results Business review Retail Institutional International Transformation Other Market movements
More informationFOR THE QUARTER ENDING 31 AUGUST 2018
QUARTERLY FUND OVERVIEW FOR THE QUARTER ENDING 31 AUGUST 2018 VIEW FROM THE FUND MANAGER S DESK Glenn Moore Interest Rates Trend: Flat Short Term: Flat Remain on hold for now but if the Rand remains under
More informationRECM GLOBAL FLEXIBLE FUND (Class E) Minimum Disclosure Document - Period ended 30 June 2018
RECM GLOBAL FLEXIBLE FUND (Class E) FUND FACTS Portfolio Manager ASISA Sector Fund Launch Date Inception Date (Class E) Total Fund Size Fund Size (Class E) Min. Investment (Lump Sum) Min. Investment (Monthly)
More informationSTANLIB Balanced Cautious Fund
STANLIB Balanced Cautious Fund 4 Why a STANLIB Balanced Cautious Fund? To enhance its balanced range STANLIB has introduced the STANLIB Balanced Cautious Fund to its range of asset allocation portfolios,
More informationFIRSTGLOBAL ASSET MANAGEMENT QUARTERLY REPORT QUARTER 4
FIRSTGLOBAL ASSET MANAGEMENT QUARTERLY REPORT QUARTER 4 December 2017 FIRSTGLOBAL Asset Management is an authorised financial services provider FSP nr 20987 MARKET COMMENTARY Edrich Jansen MCom Finance
More informationSA LISTED PROPERTY. Bridge Fund Managers May 2017
SA LISTED PROPERTY Bridge Fund Managers May 2017 Performance Equities Bonds Listed property Cash 10 Years (p.a.) 9.8% 8.1% 13.4% 7.3% 5 Years (p.a.) 12.7% 7.3% 15.3% 6.2% 3 Years (p.a.) 6.3% 7.9% 13.8%
More informationMulti-Strategy Retail Hedge Fund
STANLIB Multi-Manager NCIS Multi-Strategy Retail Hedge Fund MULTI-MANAGER WE UNDERSTAND THAT INVESTING CAN BE A RISKY BUSINESS... so we have put together a hedge fund solution to lower your portfolio s
More informationHollard Prime Dynamic Income Fund
Fund Information Fund Objective Portfolio Manager Total Fund Size R616 295 671 ASISA Fund Sector Benchmark Pension Fund Act Reg 28 Income Distribution Dates Investment Horizon Risk Rating Maximising income,
More informationGeneral Investor Report as at 31/03/2018
STANLIB TOP40 ETF A 49,24 0,27 13 788 601 The investment objective of the STANLIB TOP40 Exchange Traded Fund is to provide returns that replicate the performance of the FTSE/JSE TOP40 Index ( the index
More informationCORONATION FEE SCHEDULE COMPLETE FUND RANGE
If you would like an investment quote for comparison purposes, please contact our client service team. DOMESTIC - INCOME FUND Strategic Income Income The fund aims to achieve a higher return than a traditional
More informationCHALLENGING BELIEFS THE SOUTH AFRICAN EXPERIENCE MANAGED VOLATILITY
CHALLENGING BELIEFS THE SOUTH AFRICAN EXPERIENCE MANAGED VOLATILITY Grant Watson Saliegh Salaam HIGH RISK = HIGH RETURN? Falling Risk Rising Risk 2 Source: Quantitative Investments, INET Negative returns
More informationmonthly fund fact sheets
investments monthly fund fact sheets month ended 31 may 2013 collective investments International Funds Multi-Asset Funds Factor Series Funds Income Funds Best Blend Funds Property Funds Equity Funds Please
More informationGeneral Investor Report as at 30/09/2017
STANLIB TOP40 ETF - A A 49,91 0,27 14 089 053 The investment objective of the STANLIB TOP40 Exchange Traded Fund is to provide returns that replicate the performance of the FTSE/JSE TOP40 Index ( the index
More informationAbout reputation. Mothobi Seseli Chief Executive Officer Argon Asset Management. 06 th November 2015
About reputation Mothobi Seseli Chief Executive Officer Argon Asset Management 06 th November 2015 Asset management universe An African investment firm with global standards Bataung Capital Apr-05 Dec-06
More informationHollard Linked Endowment Investment Portfolio List as at 28 February 2018
Hollard Linked Endowment Investment Portfolio List as at 28 February 2018 Version Number: 280218 (please quote this number on the application, additional contribution and switch forms) 1. Unit Trust Funds
More information