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 08 July 2020 R 347.06
12 month sector rank86 / 175
12 month overall rank1111 / 1315
12 month volatility25.90
Performance as at 08 July 2020 1
InvestedPriceIncomeTotal
3 months 10.67% 3.23% 13.90%
6 months -11.90% 2.57% -9.33%
1 year -9.06% 3.74% -5.32%
3 years -6.93% 6.93% 0.00%
5 years 6.66% 9.80% 16.46%
Fund fee and expense information
Fees
Management company annual fee2 0.98%
Negotiated management company rebate 0.00%
Expenses
Fund TER as at 31 March 2020 1.42%
Less management company rebate 0.00%
Total Fund Expense 1.42%
Assets under management
Latest total assetsR 32,219.18m
Assets as at 31 March 2020 R 27,223.90m
Previous quarterR 37,152.59m
MoveR -9,928.68m
Income declaration and payment
Declaration30 June 2020
PaymentR 9.9732

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 40.06m (0.15%)
Domestic Cash R 1048.62m (3.85%)  
Foreign Cash R 258.58m (0.95%)
Domestic Equity R 16487.18m (60.56%)  
Foreign Equity R 9206.17m (33.82%)
Domestic Property R 173.24m (0.64%)  
Foreign Property R 10.04m (0.04%)

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
Orbis Global Equity Fund 19.14% Orbis Global Equity Fund 20.11% Orbis Global Equity Fund 20.01%
Naspers Ltd. 8.69% Orbis SICAV International Equity Fund 7.90% Orbis SICAV International Equity Fund 7.69%
Orbis SICAV International Equity Fund 8.08% Naspers Ltd. 6.08% British American Tobacco plc 5.05%
British American Tobacco plc 5.53% British American Tobacco plc 5.25% Naspers Ltd. 4.96%
Financials positions individually less than 1% of fund 4.64% Sasol Ltd. 4.19% Standard Bank Group Ltd. 4.24%
Standard Bank Group Ltd. 4.14% Standard Bank Group Ltd. 4.17% Financials positions individually less than 1% of fund 3.89%
Cash on call 3.85% Remgro Ltd. 3.71% Sasol Ltd. 3.59%
Reinet Investments SCA 3.18% Financials positions individually less than 1% of fund 3.64% Glencore plc 3.46%
Remgro Ltd. 3.16% Glencore plc 3.36% Remgro Ltd. 3.39%
Glencore plc 3.05% Old Mutual Ltd. 2.56% Old Mutual Ltd. 2.69%
Total 63.46% Total 60.97% Total 58.97%

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).