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Element Balanced Fund   Summary Fact Sheet
South African--Multi Asset--High Equity
 
Technical Overview
Formation Date: 11 Nov 2009
Holdings: 78
Original Price: n/a
Pricing System: Forward
 
Price (A - Class)
 
Management
Terence Craig, BBusSc (Hons), CA (SA), CFA
Terence joined Element Investment Managers in April 2001 and was appointed as a director and chief investment officer. He has worked in financial services since 1991. Prior to joining Element Investment Managers, Terence qualified as a chartered accountant after completing his articles with Ernst & Young and then worked at Allan Gray Ltd as an equity analyst and portfolio manager. In 1998 he became a director of Taita, a private equity house. At UCT he was awarded: Standard Bank University Scholarship, UCT Entrance Merit Scholarship, was on the Dean's Merit List in 1988 and was awarded the class medal for Business Finance (his Business Science special field) and the class medal for Applied Business Statistics II. Terence has been responsible for the investment process and investment team since joining Element Investment Managers over five years ago.
 
Jeleze Hattingh, M.Sc. Business Mathematics and Information Science (Cum Laude), CFA, CMT
Jeleze joined Element Investment Managers in 2010 as an investment analyst. Jeleze is part of the Fixed Income and Asset Allocation teams, and she focusses predominantly on fixed income analysis and the applicable trading of related fixed income instruments. Her responsibilities further include analysis of the property sector and technical indicators. Jeleze started her career at ABSA with a focus on operational risk and strategic measures to comply with Basel II regulations. She was then employed by Standard Bank (SCMB), working on market risk methodologies and systems. She moved to London in 2005, where she was part of the Strategic Change Management team at Credit Suisse, focusing on projects that involved global integrated teams facilitating the development and implementation of a new market risk system. She ended her London journey as part of Deloitte Consultancy, engaging in various management projects and leading functional implementation teams. Jeleze returned to South Africa in 2008 and joined Allan Gray in Cape Town as the Fixed Interest Trader.
 
Ranking
Sector: South African-Multi Asset-High Equity
Fund Size: R5 297 262 (as at 31 Dec 2016)
Sector Rank: 1 out of 170
(lump sum over 1 years to 31 Mar 2017)
Overall Rank: 6 out of 1111
(lump sum over 1 years to 31 Mar 2017)
R1000 invested on 31 Mar 2016 was worth R1 216.70 on 31 Mar 2017 (21.67% annual compound return)
R100 per month since 31 Mar 2016 was worth R1 420.26 on 31 Mar 2017 (30.79% 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 Element Balanced Fund aims to provide investors with a steady growth of capital and income over the long term while minimising downside risk. The manager aims to do this by investing in an actively managed balanced portfolio. The portfolio complies with the legislation governing retirement funds i.e. Regulation 28 of the Pension Funds Act (Act 24 of 1956). Element Investment Managers signed the United Nations Principles for Responsible Investment (PRI) in May 2006. In signing the PRI, we have committed to adopt and implement them where consistent with our fiduciary responsibilities. We believe that this improves our ability to meet commitments to investors as well as better align our investment activities with the broader interests of society. Element Investment Managers is the first South African investment manager to sign the PRI.
 
Top Holdings on 31 Dec 2016
Share No Units Value (Rm) % of Fund
U-EGLBLEQ 351 565 0.93 17.62%
U-ELESPEC 778 929 0.78 14.70%
PHOENIX-P 31 918 0.25 4.70%
HOSP-B 14 001 0.19 3.54%
ASTRAPAK 20 088 0.15 2.84%
Totals   2.30 43.40%
 
Comparative Performance
 
Portfolio Structure as at 31 Dec 2016
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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