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Absa Property Equity Fund Summary Fact Sheet
South African--Real Estate--General
 
Technical Overview
Formation Date: 14 Aug 2006
Holdings: 13
Original Price: n/a
Pricing System: Forward
 
Price (A - Class)
 
Management
Fayyaz Mottiar, BEconSc, CFA
Fayyaz started his financial markets career at Nedcor Investment Bank in 1998 where he worked as an equity derivatives trader. In 2000 he joined SCMB Asset Managementís Equity dealing team and following the merger of SCMB Asset Management and Liberty Asset Management to form STANLIB, he was seconded to set up a new BEE asset management joint venture between STANLIB and SIMEKA, which specialised in tracker funds. In 2003 he joined STANLIBís fixed interest team as a Fixed Interest Dealer and Portfolio Manager. Fayyaz joined ABSA in 2007 and has been managing the listed property investments of the bank over the last 3 years in the Commercial Property Finance Private Equity division. Fayyaz moved into ABSA Asset Management in 2011 following an internal restructuring and continues to focus on listed property investments. Fayyaz has a Bachelor of Economic Science degree from the University of Witwatersrand and is a CFA charter holder.
 
Ranking
Sector: South African-Real Estate-General
Fund Size: R2 784 422 733 (as at 31 Dec 2018)
Sector Rank: 40 out of 45
(lump sum over 1 years to 31 Jan 2019)
Overall Rank: 1206 out of 1238
(lump sum over 1 years to 31 Jan 2019)
R1000 invested on 31 Jan 2018 was worth R872.45 on 31 Jan 2019 (-12.75% annual compound return)
R100 per month since 31 Jan 2018 was worth R1 258.85 on 31 Jan 2019 (8.81% 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 fund aims to offer investors medium to long-term capital and income growth through investments in the SA property market, sector listed shares and unit trusts in property.
 
Latest Fund Manager Comment / News
Absa Property Equity comment - Sep 18
The Absa Property Equity fund is an active, pragmatic value fund within the property  ...more
 
News Archive
Click here for complete news archive for this fund.
 
Top Holdings on 31 Dec 2018
Share No Units Value (Rm) % of Fund
REDEFINE 47 417 969 458.53 16.47%
NEPIROCK 3 592 911 406.00 14.58%
RESILIENT 5 851 397 333.53 11.98%
FORTRESSB 22 182 174 321.64 11.55%
U-ABSAMM 319 092 499 319.09 11.46%
Totals   1 838.79 66.04%
 
Comparative Performance
 
Portfolio Structure as at 31 Dec 2018
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.
 


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