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 18 November 2019 R 5.23
12 month sector rank22 / 148
12 month overall rank395 / 1265
12 month volatility4.38
Performance as at 18 November 2019 1
InvestedPriceIncomeTotal
3 months 3.40% 0.00% 3.40%
6 months 2.16% 2.45% 4.61%
1 year 4.96% 5.19% 10.15%
3 years 9.70% 14.87% 24.57%
5 years 17.37% 30.03% 47.40%
Fund fee and expense information
Fees
Management company annual fee2 0.69%
Negotiated management company rebate n/a
Expenses
Fund TER as at 30 June 2019 0.78%
Less management company rebate n/a
Total Fund Expense 0.78%
Assets under management
Latest total assetsR 13,321.34m
Assets as at 30 September 2019 R 13,171.83m
Previous quarterR 13,344.72m
MoveR -172.89m
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 30 September 2019
Domestic Bonds R 1432.31m (10.87%)  
Foreign Bonds R 306.43m (2.33%)
Domestic Cash R 4594.54m (34.88%)  
Foreign Cash R 852.61m (6.47%)
Domestic Equity R 3202.67m (24.31%)  
Foreign Equity R 2478.14m (18.81%)
Domestic Property R 167.94m (1.28%)  
Foreign Property R 137.19m (1.04%)

Top Holdings Top Holdings Top Holdings
As at end September 2019 As at end June 2019 As at end March 2019
HOLDING % OF FUND HOLDING % OF FUND HOLDING % OF FUND
Money Market Instrument 12.87% Money Market Instrument 13.70% Money Market Instrument 14.70%
Satrix World Equity Tracker Fund 9.83% Satrix World Equity Tracker Fund 8.98% Satrix World Equity Tracker Fund 8.90%
Naspers Ltd. 4.25% Naspers Ltd. 6.29% Naspers Ltd. 5.90%
Hong Kong - Currency 3.46% Foreign - Unit Trusts 4.97% Foreign - Unit Trusts 3.20%
Foreign - Unit Trusts 3.20% Satrix Europe Ex-UK Equity Tracker Fund 2.76% Satrix Europe Ex-UK Equity Tracker Fund 3.08%
Satrix Europe Ex-UK Equity Tracker Fund 2.96% Foreign - Bonds 2.12% USA - Currency 2.82%
Foreign - Bonds 2.33% European - Currency 1.72% Margin Account 1.57%
USA - Currency 2.17% Cash on call 1.60% Money Market - 28 months duration 1.56%
Prosus N.V. 2.05% Money Market - 3 months duration 1.54% Satrix Emerging Market Equity Tracker Fund 1.55%
Cash on call 1.59% Money Market - 23 months duration 1.54% Money Market - 26 months duration 1.54%
Total 44.71% Total 45.22% Total 44.82%

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.