Funds A-Z

Ninety One Managed Fund (H)

Ninety One Managed Fund (H)
South African--Multi Asset--High Equity
Fund Code: MANH
Inception Date: 28 September 2012
Regulation 28 Compliant: Yes

Pricing and Rank Information
Latest price 08 July 2020 R 11.99
12 month sector rank13 / 202
12 month overall rank256 / 1315
12 month volatility6.36
Performance as at 08 July 2020 1
InvestedPriceIncomeTotal
3 months 3.80% 0.00% 3.80%
6 months 2.73% 0.80% 3.53%
1 year 8.83% 2.40% 11.23%
3 years 19.09% 9.34% 28.43%
5 years 33.84% 15.62% 49.46%
Fund fee and expense information
Fees
Management company annual fee2 0.63%
Negotiated management company rebate 0.00%
Expenses
Fund TER as at 31 March 2020 1.51%
Less management company rebate 0.00%
Total Fund Expense 1.51%
Assets under management
Latest total assetsR 18,344.00m
Assets as at 31 March 2020 R 16,477.94m
Previous quarterR 16,148.48m
MoveR 329.46m
Income declaration and payment
Declaration31 March 2020
PaymentR 0.0906

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 471.27m (2.86%)  
Foreign Bonds R 1046.35m (6.35%)
Domestic Cash R 6769.14m (41.08%)  
Foreign Cash R 883.22m (5.36%)
Domestic Equity R 3496.62m (21.22%)  
Foreign Equity R 3732.25m (22.65%)
Domestic Property R 0.00m (0%)  
Foreign Property R 79.09m (0.48%)

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
Investec Global Focused Fund 23.27% Investec Global Focused Fund 20.67% Cash on call 26.62%
Cash on call 20.41% Cash on call 15.39% Investec Global Focused Fund 20.98%
Naspers Ltd. 4.95% Ninety One GSF Global Strategic Equity Fund A Acc 7.52% Ninety One GSF Global Strategic Equity Fund A Acc 7.62%
NewGold 4.19% Bond Exchange of South Africa 5.59% Bond Exchange of South Africa 5.59%
Ninety One GSF US Dollar Money Fund A Acc 3.98% British American Tobacco plc 3.57% NewGold 3.46%
BHP Group plc 3.31% Money Market - 11 months duration 3.15% Money Market - 12 months duration 3.16%
Money Market - 8 months duration 3.09% Money Market - 9 months duration 3.12% Money Market - 1 month duration 2.71%
British American Tobacco plc 3.05% Naspers Ltd. 2.95% FirstRand Ltd. 2.71%
Money Market - 6 months duration 3.04% BHP Group plc 2.86% USA - Currency 2.43%
Bond Exchange of South Africa 2.81% NewGold 2.81% Money Market - 9 months duration 2.42%
Total 72.10% Total 67.63% Total 77.70%

Fund Manager(s)

Gail Daniel

Fund Overview
Objective
The Investec Managed Fund aims to provide investors with stable growth of capital over the long term. The objective is to achieve returns well in excess of the fund's peer group average, measured over three to five year periods. The fund invests in a mix of South African equities, bonds and money market instruments, as well as international equity and fixed interest investments. Regulation 28 currently limits equity exposure to 75% of the fund (90% with listed property) and international exposure to 25% (for retirement funds exempted from the 15% limit). The allocation of assets is actively managed with a strong bias towards equities. Fund features -A balanced fund for investors who don't want to actively manage their own asset allocation -Flexible investment style and stock selection process
Benchmark
Peer group median