Nedgroup Investments Managed Fund

14 December 2019

General Information

Status Open
Fund category: Unit Trust
Management company: Nedgroup Collective Investments (RF) (Pty) Ltd.
Asset Manager(s): Truffle Asset Management
Sector South African--Multi Asset--High Equity
Benchmark ASISA Category Average
Launch Date 01 November 2016
Fund Value ZAR 1,049,625,906.00 as at 30 Jun 2019
Risk Rating
Low Risk  High Risk
Performance Target N/A
Status is provided by the management company. This does not provide an indication of the availability of the fund within an Old Mutual product and may differ from the status of the fund within a product. The displayed risk rating may differ from the risk rating provided by the management company, where deemed appropriate.


Fund Description

The portfolio is suitable for investors requiring moderate levels of capital growth who do not wish to make complex asset allocation decisions between equities, cash and bonds, both locally and offshore. Diversification across asset classes and a maximum equity exposure of 75% helps to reduce risk and volatility relative to a general equity portfolio. The portfolio complies with Regulation 28 of the South African Pension Funds Act.


Prices

Latest NAV/Sell Price: ZAR 367.59 11 Sep 2019
Highest NAV/Sell Price: ZAR 389.28 13 Nov 2017

Prices are those of the class available to the public through an Old Mutual product.


Price Performance


Daily Performance Figures as at 11 September 2019


Fund:
Sector:
1 Year 3 Years 5 Years
5.96%
0.48%
N/A
2.98%
N/A
4.36%
Fund performance results are calculated on the NAV-to-NAV fund performance of the oldest class, net of asset management fees. Figures are calculated on a lump sum basis in the currency of the fund and are annualised. Sector performance results include reinvested income and are gross of any deductions.


Asset Management Fees

Initial Fee: 0%
Annual Fee: 1.554
Performance Fee: N/A
Total Expense Ratio: 1.59
Fees are those of the class available to the public through an Old Mutual product and include VAT. Fees are those levied when investing in the fund through an Old Mutual product and are separate from product administration charges and adviser fees. For feeder funds and funds of funds, the total annual asset management fee does not include the fees in respect of underlying unit trust charges. The annual underlying unit trust charges generally vary between 0.46% and 1.14% including VAT, depending on the fund(s) chosen.


Asset Split as at 30 June 2019

Holding Name Percentage
Local Bonds
25.58%
Local Cash
6.08%
Local Equities
61.27%
Local Property
7.07%



Top Holdings (out of 47) as at 30 June 2019

Holding Name Sector Percentage
NASPERS-N Software & Computer Services 5.86%
CASH Cash on call 5.64%
ANGLO Mining 4.09%
IMPLATS Mining 4.05%
FRB26 Bond 3.84%
SASOL Chemicals 3.68%
BATS Tobacco 3.29%
NGL01 Bond 3.28%
RAC PREFS Preference Shares 3.13%
FIRSTRAND Banks 2.94%

Disclaimer

Whilst every effort has been made to ensure the accuracy and completeness of the content shown on this site, the information provided is not intended to construe advice or a recommendation, guidance or proposal regarding any financial product and the use of this site and the online services is entirely at the user's own risk. Old Mutual Life Assurance Company (SA) Limited and/or any of their respective affiliates, Old Mutual Investment Services (Pty) Ltd and Profile Group (Pty) Ltd shall not be responsible for any loss, damage (whether direct, indirect, special or consequential) and/or expense or any nature whatsoever, which may be suffered as a result of, or which may be attributable to the use of or reliance upon any information, links or services.

Information is subject to copyright.

Copyright in all information supplied via this service is owned by Profile Group (Pty) Ltd and/or its subsidiaries, and is protected by both national and international intellectual property laws. Accordingly, any unauthorised copying, reproduction, retransmission, distribution, dissemination, sale, publication, broadcast or other circulation or exploitation of this material will constitute an infringement of that copyright. No part of the information supplied via this service may be reproduced or transmitted in any form or by any means, electronic or mechanical, without permission in writing from Profile Group (Pty) Ltd.