Funds A-Z

SIM Balanced Fund (B3)

SIM Balanced Fund (B3)
South African--Multi Asset--High Equity
Fund Code: SBCB3
Inception Date: 03 July 2007
Regulation 28 Compliant: No

Pricing and Rank Information
Latest price 08 July 2020 R 75.79
12 month sector rank162 / 202
12 month overall rank996 / 1315
12 month volatility20.74
Performance as at 08 July 2020 1
InvestedPriceIncomeTotal
3 months 9.25% 1.22% 10.47%
6 months -6.15% 1.05% -5.10%
1 year -4.50% 2.57% -1.93%
3 years -1.43% 10.13% 8.70%
5 years 4.36% 18.30% 22.66%
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 1.19%
Less management company rebate n/a
Total Fund Expense 1.19%
Assets under management
Latest total assetsR 11,634.69m
Assets as at 31 March 2020 R 14,008.38m
Previous quarterR 18,177.99m
MoveR -4,169.62m
Income declaration and payment
Declaration30 June 2014
PaymentR 1.0683

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 2098.12m (14.98%)  
Foreign Bonds R 0.00m (0%)
Domestic Cash R 1182.67m (8.44%)  
Foreign Cash R 11.54m (0.08%)
Domestic Equity R 6353.92m (45.36%)  
Foreign Equity R 3575.72m (25.53%)
Domestic Property R 624.31m (4.46%)  
Foreign Property R 162.09m (1.16%)

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
Naspers Ltd. 11.80% Foreign - Unit Trusts 10.36% SIM Property Fund 8.95%
Sanlam Real Assets Fund D Distribution Sterling 8.00% SIM Property Fund 8.90% Naspers Ltd. 8.29%
Sanlam Private Wealth Global High Quality Fund 6.70% Naspers Ltd. 8.72% Foreign - Unit Trusts 6.07%
SIM Property Fund 5.94% Cash on call 6.57% Sanlam Private Wealth Global High Quality Fund 5.32%
Foreign - Equities 4.89% Sanlam Private Wealth Global High Quality Fund 5.44% Cash on call 4.45%
SIM Global Emerging Markets Fund 4.05% SIM Global Emerging Markets Fund 3.72% Prosus N.V. 4.19%
Money Market Instrument 4.00% Prosus N.V. 3.27% SIM Global Emerging Markets Fund 4.17%
Bond Exchange of South Africa 3.92% Impala Platinum Holdings Ltd. 2.53% Sanlam FOUR US Dividend Fund 3.28%
Prosus N.V. 3.86% Sanlam FOUR US Dividend Fund 2.33% Bond Exchange of South Africa 2.87%
Cash on call 2.87% Denker Global Financial Fund 2.15% Sanlam FOUR Stable Global Equity Fund 2.78%
Total 56.03% Total 53.99% Total 50.37%

Fund Manager(s)

Frederick White

Fund Overview
Objective
Typically this fund will hold a large weighting in JSE shares with a maximum equity exposure of 75%. Capital exposure will also include investments in money market instruments, bonds, listed property and up to 25% in offshore assets. Fund risk is lower than that of a pure equity fund. This portfolio may also invest in participatory interests of underlying unit trust portfolios. This is a multi asset class fund which aims to grow capital steadily while providing income over the medium to longer term. The preservation of real capital is of primary importance in achieving this objective. The fund is Reg. 28 compliant and is suitable for retirement savings. The fund may hold up to 25% in offshore assets.
Benchmark
Mean of the ASISA SA Multi Asset High Equity Category