Funds A-Z

Nedgroup Investments Stable Fund (A2)

Nedgroup Investments Stable Fund (A2)
South African--Multi Asset--Low Equity
Fund Code: NISA
Inception Date: 01 July 2011
Regulation 28 Compliant: Yes

Pricing and Rank Information
Latest price 08 July 2020 R 1.97
12 month sector rank2 / 156
12 month overall rank208 / 1315
12 month volatility10.06
Performance as at 08 July 2020 1
InvestedPriceIncomeTotal
3 months 7.00% 1.57% 8.57%
6 months 5.70% 1.55% 7.25%
1 year 9.74% 3.57% 13.31%
3 years 13.44% 12.27% 25.71%
5 years 17.66% 21.68% 39.34%
Fund fee and expense information
Fees
Management company annual fee2 1.09%
Negotiated management company rebate 0.00%
Expenses
Fund TER as at 31 March 2020 1.47%
Less management company rebate 0.00%
Total Fund Expense 1.47%
Assets under management
Latest total assetsR 18,553.50m
Assets as at 31 March 2020 R 17,161.09m
Previous quarterR 18,465.11m
MoveR -1,304.02m
Income declaration and payment
Declaration30 June 2014
PaymentR 0.0262

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 6383.92m (37.2%)  
Foreign Bonds R 480.51m (2.8%)
Domestic Cash R 1561.66m (9.1%)  
Foreign Cash R 840.89m (4.9%)
Domestic Equity R 2780.10m (16.2%)  
Foreign Equity R 4393.24m (25.6%)
Domestic Property R 549.15m (3.2%)  
Foreign Property R 171.61m (1%)

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
Bond Exchange of South Africa 25.65% Bond Exchange of South Africa 25.71% Bond Exchange of South Africa 27.28%
Foord International Fund 21.00% Foord International Fund 19.31% Foord International Fund 19.89%
Foord Global Equity Fund 14.69% Foord Global Equity Fund 13.67% Foord Global Equity Fund 12.90%
NewGold 5.32% Cash on call 5.40% Cash on call 4.51%
Money Market - 8 months duration 3.67% NewGold 4.26% NewGold 4.46%
Bond Exchange of South Africa 3.66% Capital & Counties Properties PLC 3.10% Capital & Counties Properties PLC 2.89%
Capital & Counties Properties PLC 2.48% Money Market - 11 months duration 2.74% Money Market - 14 months duration 2.87%
Money Market - 1 month duration 2.21% Bond Exchange of South Africa 2.54% Bond Exchange of South Africa 2.18%
Cash on call 2.18% Bond Exchange of South Africa 2.29% BHP Group plc 1.92%
Bond Exchange of South Africa 2.13% BHP Group plc 1.69% Money Market - 7 months duration 1.92%
Total 82.99% Total 80.71% Total 80.82%

Fund Manager(s)

Foord Asset Management

Fund Overview
Objective
The portfolio aims to offer investors total returns that are in excess of inflation over the medium-term and is suitable for conservative investors requiring a high level of capital protection, with the potential for some capital growth and who do not wish to make complex asset allocation decisions between equities, cash and bonds, both locally and offshore. Diversification across asset classes and a maximum equity exposure of 40% helps to reduce risk and volatility relative to an average prudential portfolio. The portfolio complies with Regulation 28 of the South African Pension Funds Act.
Benchmark
Inflation plus 4% per annum, over a rolling 3-year period