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 18 November 2019 R 55.83
12 month sector rank112 / 193
12 month overall rank807 / 1265
12 month volatility8.24
Performance as at 18 November 2019 1
InvestedPriceIncomeTotal
3 months 4.21% 1.39% 5.60%
6 months 3.56% 1.38% 4.94%
1 year 6.59% 3.31% 9.90%
3 years 5.09% 9.21% 14.30%
5 years 11.92% 16.13% 28.05%
Fund fee and expense information
Fees
Management company annual fee2 0.69%
Negotiated management company rebate 0.00%
Expenses
Fund TER as at 30 September 2019 0.82%
Less management company rebate 0.00%
Total Fund Expense 0.82%
Assets under management
Latest total assetsR 27,839.59m
Assets as at 30 September 2019 R 28,474.83m
Previous quarterR 30,172.92m
MoveR -1,698.09m
Income declaration and payment
Declaration31 August 2019
PaymentR 0.7173

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 7323.73m (25.72%)  
Foreign Bonds R 800.14m (2.81%)
Domestic Cash R 1460.76m (5.13%)  
Foreign Cash R 700.48m (2.46%)
Domestic Equity R 9835.21m (34.54%)  
Foreign Equity R 6842.50m (24.03%)
Domestic Property R 1321.23m (4.64%)  
Foreign Property R 190.78m (0.67%)

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
Foreign Direct Funds (FCIS Equity) 29.81% Foreign Direct Funds (FCIS Equity) 30.02% Foreign Direct Funds (FCIS Equity) 31.68%
Government issued paper 19.09% Government issued paper 18.00% Government issued paper 16.44%
Consumer Goods 8.90% Financials 11.37% Basic Materials 9.23%
Basic Materials 8.09% Basic Materials 8.92% Consumer Goods 8.90%
Financials 6.91% Consumer Goods 8.72% Financial institutions 7.62%
Financial institutions 6.46% Consumer Services 7.41% Consumer Services 7.03%
Consumer Services 5.63% Financial institutions 5.90% Financials 6.75%
Domestic Funds (Real Estate) 4.60% Additional 3.64% Domestic Funds (Real Estate) 4.40%
Additional 4.35% Health Care 2.06% Additional 3.37%
Health Care 1.94% Domestic Funds (Equity) 1.13% Health Care 1.73%
Total 95.78% Total 97.17% Total 97.15%

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