Profile's FundsDataOnline
Quick Fund Switch See this page on the new FundsData beta
E-mail     Print
Ashburton Property Fund Summary Fact Sheet
South African--Real Estate--General
Technical Overview
Formation Date: 16 Aug 2017
Holdings: n/a
Original Price: n/a
Pricing System: Forward
Price (A - Class)
Lesiba Ledwaba
Sector: South African-Real Estate-General
Fund Size: R6 981 713 (as at 30 Sep 2018)
Sector Rank: 40 out of 44
(lump sum over 1 years to 30 Nov 2018)
Overall Rank: 1176 out of 1187
(lump sum over 1 years to 30 Nov 2018)
R1000 invested on 30 Nov 2017 was worth R756.78 on 30 Nov 2018 (-24.32% annual compound return)
R100 per month since 30 Nov 2017 was worth R1 079.65 on 30 Nov 2018 (-19.65% 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 objective of the ASHBURTON PROPERTY FUND is to provide investors with income and capital growth from investing in JSE listed property companies. The portfolio has an aggressive risk profile and volatility of capital values can happen over the short term and this will be achieved in terms of the investment policy of the portfolio, based on the types of assets the portfolio will be allowed to invest in.

This portfolio will invest in assets in liquid form, JSE listed property shares, collective investment schemes in property, property loan stock, which is in line with the portfolio's investment objective. The portfolio will also be allowed to invest in listed and unlisted financial instruments as allowed by the Act. The exposure to property will range between 80% and 100%. The manager will also be permitted to invest on behalf of the portfolio in offshore investments as permitted by legislation.

The manager will in executing the investment policy as contained herein manage this portfolio on a single manager basis. The manager will invest and select shares / instruments in accordance with Ashburton Investment's investment philosophy and process as approved by the Ashburton Investment Committee.

The portfolio may also invest in participatory interests in portfolios of collective investment schemes registered in the Republic of South Africa or a participatory interest in collective investment schemes or other similar schemes operated in territories with a regulatory environment which is to the satisfaction of the Manager and the Trustee of a sufficient standard to provide investor protection which is at least equivalent to that in South Africa. These underlying CIS portfolios will have an investment policy that supports the investment objective and investment policy of the Ashburton Property Fund.

The Trustee shall ensure that the investment policy set out in the preceding clauses is adhered to, provided that nothing contained in this clause shall preclude the Manager from varying the proportions of securities in terms of changing economic factors or market conditions or from retaining cash in the portfolio and/or placing cash on deposit.

For the purposes of the Ashburton Property Fund, the Manager shall reserve the right to close the portfolio to new investors. This will be done in order to be able to manage the portfolio in accordance with its mandate. This critical size shall be determined from time to time by the Manager.
Latest Fund Manager Comment / News
The objective of the portfolio is to provide investors with income and capital growth  ...more
News Archive
Click here for complete news archive for this fund.
Top Holdings on 30 Sep 2018
Share No Units Value (Rm) % of Fund
GROWPNT 59 405 1.38 19.77%
REDEFINE 124 565 1.25 17.88%
NEPIROCK 5 318 0.68 9.79%
HYPROP 6 555 0.63 9.02%
MAS 17 407 0.40 5.72%
Totals   4.34 62.17%
Comparative Performance
Portfolio Structure as at 30 Sep 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.

Follow us on:

Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
Other Profile Group sites: ShareData Online (stock market data) | Profile's Financial Markets | Profile Group corporate site
Terms of Use |  Privacy Policy |  PAIA manual |  Site Map |  Powered by ProfileData |  © Copyright Reserved 2018  ]
   Disclaimer: Profile Media (Pty) Ltd has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information. © Copyright Reserved 2018