Profile's FundsDataOnline
Google
 
Quick Fund Switch See this page on the new FundsData beta
E-mail     Print
Momentum Financials Fund Summary Fact Sheet
South African--Equity--Financial
 
Technical Overview
Formation Date: 1 Jul 1998
Holdings: 16
Original Price: 100
Pricing System: Forward
 
Price (A - Class)
 
Management
Norman Mackechnie, BSc (Eng), MSc (Eng), DIC, MBA, CFA
Norman started his career in investments in 1988 and has worked as an investment analyst and portfolio manager in asset management divisions. He has been actively involved in setting up investment processes and held the position of Chief Investment Officer in a previous company. Norman joined RMB Asset Management in 2000.
 
Werner Burger, BCom (Finance), BCom (Inv Mgt) (Hons), CFA
 
Ranking
Sector: South African-Equity-Financial
Fund Size: R392 574 309 (as at 30 Sep 2019)
Sector Rank: 4 out of 6
(lump sum over 1 years to 31 Oct 2019)
Overall Rank: 1196 out of 1268
(lump sum over 1 years to 31 Oct 2019)
R1000 invested on 31 Oct 2018 was worth R1 000.80 on 31 Oct 2019 (0.08% annual compound return)
R100 per month since 31 Oct 2018 was worth R1 196.30 on 31 Oct 2019 (-0.57% annual return compounded monthly)
 
Please note that domestic fund performance figures are calculated on a NAV-NAV basis including dividends reinvested on the reinvestment date, ETFs are reinvested on the ex-div date.
   
Focus and Objective
The Momentum Financials Fund objective is to maximise equity portfolio returns over the FTSE/JSE Financials Index over time. The fund offers investors the potential for long term capital growth through exposure to insurance and banking counter and other stocks with financial services exposure.
 
Latest Fund Manager Comment / News
Momentum Financials comment - Jun 14
Economic overview

Global economic conditions appear to be on the mend, but  ...more
 
News Archive
Click here for complete news archive for this fund.
 
Top Holdings on 30 Sep 2019
Share No Units Value (Rm) % of Fund
NEDBANK 150 734 34.19 8.71%
OMUTUAL 1 699 701 33.62 8.56%
STANBANK 188 597 32.95 8.39%
ABSA 211 120 32.27 8.22%
FIRSTRAND 511 784 31.83 8.11%
Totals   164.86 41.99%
 
Comparative Performance
 
Portfolio Structure as at 30 Sep 2019
Click here for complete portfolio for this fund.
 
Dividend Data
Click here for Dividend History for this fund.
 
Fees and Charges
Click here for fees and charges for this fund.
 
Sectoral Information
Click here for Sectoral Information for this fund.
 


Follow us on:


Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
Other Profile Group sites: ShareData Online (stock market data) | Profile's Financial Markets | Profile Group corporate site
Terms of Use |  Privacy Policy |  PAIA manual |  Site Map |  Powered by ProfileData |  © Copyright Reserved 2019  ]
   Disclaimer: Profile Media (Pty) Ltd has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information. © Copyright Reserved 2019