Funds A-Z

Allan Gray Equity Fund (C)

Allan Gray Equity Fund (C)
South African--Equity--General
Fund Code: AGEC
Inception Date: 28 June 2013
Regulation 28 Compliant: No

Pricing and Rank Information
Latest price 18 November 2019 R 390.28
12 month sector rank151 / 169
12 month overall rank1176 / 1265
12 month volatility11.30
Performance as at 18 November 2019 1
InvestedPriceIncomeTotal
3 months 7.81% 0.00% 7.81%
6 months -1.26% 1.56% 0.30%
1 year 1.65% 2.55% 4.20%
3 years 6.42% 4.76% 11.18%
5 years 19.78% 7.35% 27.13%
Fund fee and expense information
Fees
Management company annual fee2 0.98%
Negotiated management company rebate 0.00%
Expenses
Fund TER as at 30 September 2019 1.45%
Less management company rebate 0.00%
Total Fund Expense 1.45%
Assets under management
Latest total assetsR 37,438.54m
Assets as at 30 September 2019 R 36,940.46m
Previous quarterR 38,723.76m
MoveR -1,783.30m
Income declaration and payment
Declaration30 June 2019
PaymentR 6.0183

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 0.00m (0%)  
Foreign Bonds R 25.86m (0.07%)
Domestic Cash R 350.93m (0.95%)  
Foreign Cash R 502.39m (1.36%)
Domestic Equity R 23675.14m (64.09%)  
Foreign Equity R 11990.87m (32.46%)
Domestic Property R 387.87m (1.05%)  
Foreign Property R 7.39m (0.02%)

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
Orbis Global Equity Fund 20.01% Orbis Global Equity Fund 19.14% Orbis Global Equity Fund 18.88%
Orbis SICAV International Equity Fund 7.69% Orbis SICAV International Equity Fund 7.19% Orbis SICAV International Equity Fund 7.22%
British American Tobacco plc 5.05% Naspers Ltd. 7.08% Naspers Ltd. 6.94%
Naspers Ltd. 4.96% Sasol Ltd. 4.74% Sasol Ltd. 5.91%
Standard Bank Group Ltd. 4.24% Standard Bank Group Ltd. 4.56% British American Tobacco plc 4.96%
Financials positions individually less than 1% of fund 3.89% British American Tobacco plc 4.31% Standard Bank Group Ltd. 4.47%
Sasol Ltd. 3.59% Financials positions individually less than 1% of fund 3.82% Financials positions individually less than 1% of fund 3.80%
Glencore plc 3.46% Remgro Ltd. 3.71% Remgro Ltd. 3.47%
Remgro Ltd. 3.39% Glencore plc 3.53% Glencore plc 3.21%
Old Mutual Ltd. 2.69% Investec plc 2.69% Investec plc 2.36%
Total 58.97% Total 60.77% Total 61.22%

Fund Manager(s)

Duncan Artus

Andrew Lapping

Ruan Stander

Fund Overview
Objective
The Fund invests primarily in shares listed on the Johannesburg Stock Exchange (JSE). The Fund may buy foreign assets up to a maximum of 25% of the Fund, with an additional 5% allowed for African ex-SA investments. The Fund invests the bulk of its foreign allowance in equity funds managed by Orbis Investment Management Limited, our offshore investment partner. The Fund is typically fully invested in shares. Returns are likely to be volatile, especially over short- and medium-term periods.
Benchmark
The market value-weighted average returns of funds in the South African - Equity - General category (excluding Allan Gray funds).