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STANLIB Global Emerging Markets Property Feeder Fund Summary Fact Sheet
Global--Real Estate--General
 
Technical Overview
Formation Date: 12 Dec 2014
Holdings: n/a
Original Price: n/a
Pricing System: Forward
 
Price (B1 - Class)
 
Management
Keillen Ndlovu
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.
 
Ranking
Sector: Global-Real Estate-General
Fund Size: R56 964 814 (as at 30 Jun 2017)
Sector Rank: 1 out of 13
(lump sum over 1 years to 31 Aug 2017)
Overall Rank: 1099 out of 1173
(lump sum over 1 years to 31 Aug 2017)
R1000 invested on 31 Aug 2016 was worth R957.14 on 31 Aug 2017 (-4.29% annual compound return)
R100 per month since 31 Aug 2016 was worth R1 303.96 on 31 Aug 2017 (15.26% 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 GLOBAL EMERGING MARKETS PROPERTY FEEDER FUND shall be a feeder fund portfolio.The investment objective of the STANLIB GLOBAL EMERGING MARKETS PROPERTY FEEDER FUND is that of a feeder fund seeking to achieve both income and capital growth.Apart from assets in liquid form, it will consist solely of participatory interests in a single portfolio of a collective investment scheme operated in territories with a regulatory environment which is to the satisfaction of the manager and trustee of a sufficient standard to provide investor protection at least equivalent to that in South Africa, namely the STANLIB Global Emerging Markets Property Securities portfolio under the Threadneedle (Lux) scheme.The STANLIB GLOBAL EMERGING MARKETS PROPERTY FEEDER FUND may also hold financial instruments from time to time, for the exclusive purpose of hedging exchange rate risks.For the purpose of the STANLIB GLOBAL EMERGING MARKETS PROPERTY FEEDER FUND, 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.Nothing in this supplemental deed shall preclude the manager from varying the ratios of securities, to maximise capital growth and investment potential in a changing economic environment or market conditions and from retaining cash or placing cash on deposit in terms of the deed and this supplemental deed: Provided that the manager shall ensure that the aggregate value of the assets comprising the portfolio shall consist of securities and assets in liquid form of the aggregate value required from time to time by the Act.The trustee shall ensure that the investment policy set out in this supplemental deed is carried out.
 
Latest Fund Manager Comment / News
Institutional to retail
The B1 class has changed from institutional to retail on 13 September 2016
 ...more
 
News Archive
Click here for complete news archive for this fund.
 
Top Holdings on 30 Jun 2017
Share No Units Value (Rm) % of Fund
STGLBEMMPROP 379 147 54.77 96.14%
Totals   54.77 96.14%
 
Comparative Performance
 
Portfolio Structure as at 30 Jun 2017
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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