Funds A-Z

Prescient Income Provider Fund (A2)

Prescient Income Provider Fund (A2)
South African--Multi Asset--Income
Fund Code: PIPFB5
Inception Date: 13 December 2005
Regulation 28 Compliant: Yes

Pricing and Rank Information
Latest price 18 November 2019 R 1.41
12 month sector rank40 / 85
12 month overall rank502 / 1265
12 month volatility0.65
Performance as at 18 November 2019 1
InvestedPriceIncomeTotal
3 months 0.09% 1.85% 1.94%
6 months 0.43% 3.68% 4.11%
1 year 1.48% 7.44% 8.92%
3 years 3.65% 24.51% 28.16%
5 years 10.55% 43.33% 53.88%
Fund fee and expense information
Fees
Management company annual fee2 0.57%
Negotiated management company rebate 0.00%
Expenses
Fund TER as at 30 September 2019 0.60%
Less management company rebate 0.00%
Total Fund Expense 0.60%
Assets under management
Latest total assetsR 32,754.20m
Assets as at 30 September 2019 R 31,393.83m
Previous quarterR 29,042.25m
MoveR 2,351.58m
Income declaration and payment
Declaration31 October 2014
PaymentR 0.0085

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 15825.72m (50.41%)  
Foreign Bonds R 3554.32m (11.32%)
Domestic Cash R 10478.79m (33.38%)  
Foreign Cash R 43.70m (0.14%)
Domestic Equity R 4.14m (0.01%)  
Foreign Equity R 870.83m (2.77%)
Domestic Property R 616.32m (1.96%)  
Foreign Property R 0.00m (0%)

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
Bond Exchange of South Africa 13.32% Bond Exchange of South Africa 13.66% Bond Exchange of South Africa 15.34%
Prescient Flexible Global Income (USD) Fund 6.46% Prescient Flexible Global Income (USD) Fund 6.61% Prescient Flexible Global Income (USD) Fund 6.76%
Money Market - 12 months duration 5.15% Money Market - 2 months duration 5.17% Money Market - 11 months duration 6.07%
Money Market - 11 months duration 4.95% Foreign - Bonds 4.87% Money Market - 10 months duration 5.48%
Foreign - Bonds 4.86% Money Market - 8 months duration 3.80% Foreign - Bonds 5.30%
Money Market - 9 months duration 4.15% Money Market - 12 months duration 3.77% Money Market - 2 months duration 4.78%
Money Market - 10 months duration 3.76% Money Market - 9 months duration 3.73% Money Market - 5 months duration 3.58%
Money Market - 5 months duration 3.22% Money Market - 7 months duration 3.35% Money Market - 12 months duration 3.31%
Money Market - 4 months duration 2.91% Money Market - 11 months duration 2.88% Money Market - 6 months duration 2.75%
Money Market - 8 months duration 2.76% Bond Exchange of South Africa 2.79% Money Market - 3 months duration 2.40%
Total 51.54% Total 50.63% Total 55.77%

Fund Manager(s)

Guy Toms

Farzana Bayat

Jean-Pierre du Plessis

Fund Overview
Objective
INVESTMENT AND RETURN OBJECTIVE The Fund aims to return CPI + 3% per annum through a full interest rate cycle while providing stability by aiming never to lose capital over any rolling 3 month period. INVESTMENT PROCESS This Fund invests in local and offshore money market, bonds, property, preference shares, inflation-linked bonds and derivatives to meet the investment objectives. Fund performance can be generated from taking interest rate views or duration, yield enhancement via credit instruments, asset allocation between income producing asset classes, offshore exposure and also via the use of derivatives.
Benchmark
STeFI Call 110%