Funds A-Z

Ninety One Global Strategic Managed Feeder Fund (H)

Ninety One Global Strategic Managed Feeder Fund (H)
Global--Multi Asset--High Equity
Fund Code: GBFH
Inception Date: 28 September 2012
Regulation 28 Compliant: No

Pricing and Rank Information
Latest price 08 July 2020 R 5.40
12 month sector rank4 / 13
12 month overall rank87 / 1315
12 month volatility13.97
Performance as at 08 July 2020 1
InvestedPriceIncomeTotal
3 months 7.42% 0.00% 7.42%
6 months 17.37% 0.00% 17.37%
1 year 24.42% 0.00% 24.42%
3 years 44.27% 0.00% 44.27%
5 years 67.26% 0.00% 67.26%
Fund fee and expense information
Fees
Management company annual fee2 1.26%
Negotiated management company rebate 0.00%
Expenses
Fund TER as at 31 March 2020 1.39%
Less management company rebate 0.00%
Total Fund Expense 1.39%
Assets under management
Latest total assetsR 3,989.44m
Assets as at 31 March 2020 R 3,670.19m
Previous quarterR 3,421.28m
MoveR 248.91m
Income declaration and payment
Declaration31 March 2020
PaymentR 0.00

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 0.00m (0%)  
Foreign Bonds R 277.83m (7.57%)
Domestic Cash R 49.55m (1.35%)  
Foreign Cash R 502.82m (13.7%)
Domestic Equity R 0.00m (0%)  
Foreign Equity R 2749.71m (74.92%)
Domestic Property R 0.00m (0%)  
Foreign Property R 90.29m (2.46%)

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
Ninety One GSF Global Strategic Managed Fund A Acc 98.64% Ninety One GSF Global Strategic Managed Fund A Acc 99.52% Ninety One GSF Global Strategic Managed Fund A Acc 99.60%
Cash on call 1.36% Cash on call 0.48% Cash on call 0.40%
USA - Currency 0.00% USA - Currency 0.00% USA - Currency 0.00%
Total 100.00% Total 100.00% Total 100.00%

Fund Manager(s)

Philip Saunders

Fund Overview
Objective
The Global Strategic Managed Feeder Fund aims to grow capital and income over the long-term. The fund's objective is to outperform its benchmark (60% MSCI World index and 40% CITI World Government Bond index), measured over three year periods. This rand-denominated fund invests in international fixed income assets, cash, convertible securities and equities. Exposure to international assets is obtained by investing directly into our top performing Investec GSF Global Strategic Managed Fund. This balanced fund aims to be fully invested offshore, with a maximum equity exposure of 75%. The investment team utilises Investec's proprietary 4Factor process to assist in screening and selection of companies. The emphasis is on valuation, strategy, earnings dynamics and technical analysis. Fund Features * The fund invests directly into our top performing Ninety One GSF Global Strategic Managed Fund. * This balanced fund aims to be fully invested offshore, with a maximum equity exposure of 75%. * Utilisation of Investec's proprietary 4Factor process to assist in screening and selection of companies. * Diversification across asset classes minimises the portfolio's overall volatility and offers the potential to generate good long-term returns.
Benchmark
60% MSCI AC World NR index & 40% CITI World Government Bond Index