Funds A-Z

SIM Inflation Plus Fund (B4)

SIM Inflation Plus Fund (B4)
South African--Multi Asset--Low Equity
Fund Code: SAIB4
Inception Date: 03 July 2007
Regulation 28 Compliant: No

Pricing and Rank Information
Latest price 08 July 2020 R 5.11
12 month sector rank37 / 156
12 month overall rank470 / 1315
12 month volatility9.61
Performance as at 08 July 2020 1
InvestedPriceIncomeTotal
3 months 3.21% 2.43% 5.64%
6 months -0.89% 2.33% 1.44%
1 year 0.68% 4.99% 5.67%
3 years 5.58% 16.08% 21.66%
5 years 11.92% 29.74% 41.66%
Fund fee and expense information
Fees
Management company annual fee2 0.69%
Negotiated management company rebate n/a
Expenses
Fund TER as at 31 March 2020 0.78%
Less management company rebate n/a
Total Fund Expense 0.78%
Assets under management
Latest total assetsR 12,716.92m
Assets as at 31 March 2020 R 11,908.07m
Previous quarterR 12,668.56m
MoveR -760.49m
Income declaration and payment
Declaration30 June 2014
PaymentR 0.1026

Fees include VAT

  1. Price performances are based on historical price data, using a NAV price by NAV price comparison and exclude management company initial fees. Income performances are based on interest and dividend distributions of the fund.
  2. Management company annual fees are included into price and distributions paid.


Price History

Asset Allocation as at 31 March 2020
Domestic Bonds R 1639.08m (13.76%)  
Foreign Bonds R 561.27m (4.71%)
Domestic Cash R 3999.70m (33.59%)  
Foreign Cash R 1002.87m (8.42%)
Domestic Equity R 2539.44m (21.33%)  
Foreign Equity R 1895.32m (15.92%)
Domestic Property R 82.82m (0.7%)  
Foreign Property R 187.58m (1.58%)

Top Holdings Top Holdings Top Holdings
As at end March 2020 As at end December 2019 As at end September 2019
HOLDING % OF FUND HOLDING % OF FUND HOLDING % OF FUND
Money Market Instrument 13.12% Money Market Instrument 13.26% Money Market Instrument 12.87%
Satrix World Equity Tracker Fund - C USD 8.57% Satrix World Equity Tracker Fund - C USD 9.69% Satrix World Equity Tracker Fund 9.83%
USA - Currency 8.03% Naspers Ltd. 4.62% Naspers Ltd. 4.25%
Naspers Ltd. 5.48% Hong Kong - Currency 4.12% Hong Kong - Currency 3.46%
Foreign - Bonds 4.68% Cash on call 3.64% Foreign - Unit Trusts 3.20%
Sanlam Real Assets Fund D Distribution Sterling 3.92% Foreign - Bonds 3.27% Satrix Europe Ex-UK Equity Tracker Fund 2.96%
Margin Account 2.64% Foreign - Unit Trusts 3.24% Foreign - Bonds 2.33%
Cash on call 2.41% Satrix Europe Ex-UK Equity Tracker Fund 2.67% USA - Currency 2.17%
Bond Exchange of South Africa 2.17% Satrix Emerging Market Equity Tracker Fund 1.68% Prosus N.V. 2.05%
Money Market - 35 months duration 1.79% Prosus N.V. 1.55% Cash on call 1.59%
Total 52.81% Total 47.74% Total 44.71%

Fund Manager(s)

Natasha Narsingh

Fund Overview
Objective
This actively managed fund is a combination of investments in equity, bonds, money market instruments and listed property both locally and abroad. It can invest 25% offshore. The fund is mandated to invest in unlisted financial instruments (derivatives) for efficient portfolio management. The investment manager will also be allowed to invest in financial instruments (derivatives) as allowed by the Act from time to time in order to achieve its investment objective. This is a multi asset low equity fund which aims to deliver smooth, positive real returns (adjusted for the effects of inflation) targeting CPI +4% over a rolling 3 year period. Equity exposure is limited to 40%. The fund is managed in accordance with Reg. 28 guidelines.
Benchmark
CPI + 4% over a rolling 3 year period.