Keillen began his property fund management career at Standard Bank Properties in 2004 managing its leveraged listed property product. He became a listed property analyst at Stanlib in 2005 and now also co-manages the Stanlib Aggressive Income Fund.
South African-Real Estate-General
R10 456 107 574
41 out of 43 (lump sum over 1 years to 30 Apr 2018)
1160 out of 1176 (lump sum over 1 years to 30 Apr 2018)
R1000 invested on 30 Apr 2017 was worth R927.38 on 30 Apr 2018 (-7.26% annual compound return)
R100 per month since 30 Apr 2017 was worth R1 113.01 on 30 Apr 2018 (-13.96% 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 STANLIB Property Income Fund aims for the growth of capital and to provide an income source. Investments may consist of property shares, property loan stock, debentures, debenture stock and bonds, unsecured notes, property unit trusts and other listed securities considered consistent with the portfolio's objective. Liquidity may be increased to 50% if deemed necessary by the manager. Exposure to fixed-interest securities is limited to 30%. The portfolio may also invest in the participatory interests of collective investment schemes. This portfolio may not have any direct and/or indirect foreign exposure.
Fund Merged - Stanlib Institutional Property Fund
Wednesday, 28 March 2018
STANLIB Institutional Property Fund has closed and merged into STANLIB Property Income ...more
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