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 18 November 2019 R 80.90
12 month sector rank15 / 193
12 month overall rank266 / 1265
12 month volatility6.16
Performance as at 18 November 2019 1
InvestedPriceIncomeTotal
3 months 5.54% 0.00% 5.54%
6 months 2.85% 1.24% 4.09%
1 year 8.41% 3.17% 11.58%
3 years 8.09% 10.45% 18.54%
5 years 11.80% 19.88% 31.68%
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 1.27%
Less management company rebate n/a
Total Fund Expense 1.27%
Assets under management
Latest total assetsR 18,203.77m
Assets as at 30 September 2019 R 17,963.33m
Previous quarterR 18,648.75m
MoveR -685.42m
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 30 September 2019
Domestic Bonds R 2880.35m (16.03%)  
Foreign Bonds R 0.00m (0%)
Domestic Cash R 964.94m (5.37%)  
Foreign Cash R 8.28m (0.05%)
Domestic Equity R 8258.58m (45.97%)  
Foreign Equity R 4258.39m (23.71%)
Domestic Property R 1324.86m (7.38%)  
Foreign Property R 267.94m (1.49%)

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
SIM Property Fund 8.95% Naspers Ltd. 12.29% Naspers Ltd. 12.15%
Naspers Ltd. 8.29% SIM Property Fund 8.74% Foreign - Unit Trusts 9.31%
Foreign - Unit Trusts 6.07% Foreign - Unit Trusts 5.33% SIM Property Fund 5.10%
Sanlam Private Wealth Global High Quality Fund 5.32% Cash on call 4.99% SIM Global Emerging Markets Fund 4.05%
Cash on call 4.45% Sanlam FOUR US Dividend Fund 3.93% Sanlam FOUR US Dividend Fund 3.96%
Prosus N.V. 4.19% Sanlam Private Wealth Global High Quality Fund 3.91% Sanlam FOUR Stable Global Equity Fund 3.83%
SIM Global Emerging Markets Fund 4.17% SIM Global Emerging Markets Fund 3.85% Bond Exchange of South Africa 2.58%
Sanlam FOUR US Dividend Fund 3.28% Sanlam FOUR Stable Global Equity Fund 3.00% Cash on call 2.56%
Bond Exchange of South Africa 2.87% Bond Exchange of South Africa 2.55% Anglo American plc 2.39%
Sanlam FOUR Stable Global Equity Fund 2.78% Anglo American plc 2.31% Bond Exchange of South Africa 2.27%
Total 50.37% Total 50.90% Total 48.20%

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