Funds A-Z

Foord Balanced Fund (B2)

Foord Balanced Fund (B2)
South African--Multi Asset--High Equity
Fund Code: FBCB2
Inception Date: 05 March 2012
Regulation 28 Compliant: Yes

Pricing and Rank Information
Latest price 08 July 2020 R 58.22
12 month sector rank14 / 202
12 month overall rank264 / 1315
12 month volatility13.71
Performance as at 08 July 2020 1
InvestedPriceIncomeTotal
3 months 10.68% 0.00% 10.68%
6 months 2.75% 1.34% 4.09%
1 year 6.80% 2.83% 9.63%
3 years 7.26% 9.30% 16.56%
5 years 11.69% 16.21% 27.90%
Fund fee and expense information
Fees
Management company annual fee2 0.69%
Negotiated management company rebate 0.00%
Expenses
Fund TER as at 30 June 2020 0.98%
Less management company rebate 0.00%
Total Fund Expense 0.98%
Assets under management
Latest total assetsR 26,195.67m
Assets as at 31 March 2020 R 23,403.03m
Previous quarterR 27,267.99m
MoveR -3,864.96m
Income declaration and payment
Declaration29 February 2020
PaymentR 0.6898

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 5895.22m (25.19%)  
Foreign Bonds R 821.45m (3.51%)
Domestic Cash R 432.96m (1.85%)  
Foreign Cash R 1135.05m (4.85%)
Domestic Equity R 8036.60m (34.34%)  
Foreign Equity R 5878.84m (25.12%)
Domestic Property R 1008.67m (4.31%)  
Foreign Property R 194.25m (0.83%)

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
Foreign Direct Funds (FCIS Equity) 33.72% Foreign Direct Funds (FCIS Equity) 28.82% Foreign Direct Funds (FCIS Equity) 29.81%
Government issued paper 18.20% Government issued paper 17.63% Government issued paper 19.09%
Consumer Goods 9.32% Financials 11.76% Consumer Goods 8.90%
Consumer Services 6.22% Consumer Goods 9.78% Basic Materials 8.09%
Financials 5.86% Basic Materials 9.00% Financials 6.91%
Basic Materials 5.76% Consumer Services 5.68% Financial institutions 6.46%
Additional 4.87% Financial institutions 5.15% Consumer Services 5.63%
Domestic Funds (Real Estate) 4.20% Additional 4.68% Domestic Funds (Real Estate) 4.60%
Financial institutions 3.67% Health Care 2.79% Additional 4.35%
Health Care 2.89% Technology 1.78% Health Care 1.94%
Total 94.71% Total 97.07% Total 95.78%

Fund Manager(s)

Dave Foord

Daryll Owen

William Fraser

Nick Balkin

Fund Overview
Objective
Investors whose risk tolerance is below that of pure equity fund investors and those who require the asset allocation decision to be made for them, within prudential guidelines. Because the fund complies with Regulation 28, it is ideally suited to being a substantial component of any retirement savings portfolio and is especially suitable for retirement funds, pension fund members and holders of contractual savings products. Available as a tax free investment account.
Benchmark
Market value weighted average return of the South African - Multi Asset - High Equity unit trust sector, excl Foord Balanced Fund