| Technical Overview |
| Formation Date: |
1 Oct 2006 |
| Holdings: |
37 |
| Original Price: |
n/a |
| Pricing System: |
Forward |
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| Price (A - Class) |
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| Management |
| Joseph Makamba-Busha |
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| JM Busha Asset Managers |
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| Ranking |
| Sector: |
South African-Multi Asset-Low Equity |
| Fund Size: |
R13 139 818 (as at 31 Dec 2020) |
| Sector Rank: |
153 out of 157
(lump sum over 1 years to 28 Feb 2021) |
| Overall Rank: |
1198 out of 1322
(lump sum over 1 years to 28 Feb 2021) |
| R1000 invested on 28 Feb 2020 was worth R1 016.72 on 28 Feb 2021 (1.67% annual compound return) |
| R100 per month since 28 Feb 2020 was worth R1 281.54 on 28 Feb 2021 (12.09% annual return compounded monthly) |
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| 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. |
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| Focus and Objective |
The BCI Real Return Fund a cautious risk profile portfolio that seeks to secure consistent real capital growth for the investor and, where possible, positive returns regardless of stock market trends. The portfolio will be managed in compliance with prudential investment guidelines for retirement funds in South Africa to the extent allowed for by the Act. To provide a limited level of capital protection, the portfolio's equity exposure will not exceed 40% of the portfolio's net asset value. In order to achieve its objective, the investments normally to be included in the portfolio may comprise a combination of assets in liquid form, money market instruments, interest bearing instruments, bonds, debentures, corporate debt, equity securities, property securities, preference shares, convertible equities and non-equity securities.
The portfolio may from time to time invest in listed and unlisted financial instruments, in accordance with the provisions of the Act, and the Regulations thereto, as amended from time to time, in order to achieve the portfolio's investment objective. The manager may also include forward currency, interest rate and exchange rate swap transactions for efficient portfolio management purposes. The Trustee shall ensure that the investment policy set out in this Supplemental Deed is carried out. For the purpose of this portfolio, the manager shall reserve the right to close the portfolio to new investors on a date determined by the manager. This will be done in order to be able to manage the portfolio in accordance with its mandate. The manager may, once a portfolio has been closed, open that portfolio again to new investors on a date determined by the manager.
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Latest Fund Manager Comment / News |
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| The objective is to secure consistent real capital growth for the investor and, where ...more |
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| News Archive |
| Click here for complete news archive for this fund. |
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Top Holdings on 31 Dec 2020 |
| Share |
No Units |
Value (Rm) |
% of Fund |
| U-SELEEEF |
2 233 247 |
2.73 |
20.74% |
| U-BCIBSTF |
2 337 541 |
2.55 |
19.43% |
| U-BCIINCP |
1 846 845 |
2.05 |
15.63% |
| U-FUNDSMI |
1 288 743 |
1.97 |
14.99% |
| U-ANCBOND |
1 488 095 |
1.58 |
12.05% |
| Totals |
|
10.89 |
82.84% |
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Comparative Performance |
 |
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| Portfolio Structure as at 31 Dec 2020 |
| Click here for complete portfolio for this fund. |
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| Dividend Data |
| Click here for Dividend History for this fund. |
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| Fees and Charges |
| Click here for fees and charges for this fund. |
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| Sectoral Information |
| Click here for Sectoral Information for this fund. |
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