Profile's FundsDataOnline
Google
 
Quick Fund Switch See this page on the new FundsData beta
E-mail     Print
Prescient RECM Global Feeder Fund Summary Fact Sheet
Global--Multi Asset--Flexible
 
Technical Overview
Formation Date: 24 Jul 2014
Holdings: n/a
Original Price: n/a
Pricing System: Forward
 
Price (A - Class)
 
Management
Eldria Fraser, B Com (Hons), CFA
Eldria is Chief Investment Officer at Prescient with 18 years of investment management experience.
Eldria started her career at Deutsche Securities as an equity analyst. She moved to Investment Solutions in 1997, and over the following eight years covered all areas of the business, gaining a broad knowledge of the market and the industry. Before joining Prescient, Eldria was responsible for specialist portfolios, including equity, bond, income, property and cash portfolios and was a director of Investment Solutions Unit Trust Limited.
 
Fazila Manjoo
 
Ranking
Sector: Global-Multi Asset-Flexible
Fund Size: R327 780 671 (as at 30 Jun 2019)
Sector Rank: 28 out of 30
(lump sum over 1 years to 31 Aug 2019)
Overall Rank: 923 out of 1263
(lump sum over 1 years to 31 Aug 2019)
R1000 invested on 31 Aug 2018 was worth R966.37 on 31 Aug 2019 (-3.36% annual compound return)
R100 per month since 31 Aug 2018 was worth R1 248.58 on 31 Aug 2019 (7.31% 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 Prescient RECM Global Feeder Fund is a feeder fund. The investment objective of the Fund is to achieve long-term capital appreciation. To achieve its investment objective the Feeder Fund will apart from assets in liquid form consist solely of participatory interest in the approved RECM Global Fund (underlying fund) under the RECM Global Fund Limited domiciled in Guernsey.

The underlying fund will seek to achieve its objective primarily though investing in securities listed on Recognized Exchanges around the world. These assets will primarily consist of listed equity investments. The underlying fund is permitted to invest in listed and unlisted financial instruments in line with the conditions as determined by legislation from time to time.The Feeder Fund as permitted in Par 12(f) of Chapter IV of Board Notice 80 of 2012 will be allowed to enter into financial transactions for the exclusive purpose of hedging exchange risks subject to the conditions and limitations as stipulated in Chapter V of Board Notice 80 of 2012.Nothing in the supplemental deed shall preclude the manager from varying the ratios of asset allocation and securities, to maximize absolute return and investment potential in changing economic environments or market conditions or to meet the requirements, if applicable, of any exchange formally recognized in terms of legislation and from retaining cash or placing cash on deposit in terms of the Deed and any Supplemental Deeds thereto; provided that the manager shall ensure that the aggregate value of the assets comprising the portfolio shall consist of securities 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, the Deed and in all Supplemental Deeds thereto is carried out.For the purpose of this portfolio, the manager in consultation with the Investment 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.
 
Latest Fund Manager Comment / News
Fund Amalgamated
RE:CM Global Feeder Fund has closed and amalgamated into Prescient RECM Global Feeder  ...more
 
News Archive
Click here for complete news archive for this fund.
 
Top Holdings on 30 Jun 2019
Share No Units Value (Rm) % of Fund
O-REGLBL 1 283 914 319.92 97.60%
U-RECMMM 6 591 629 6.63 2.02%
Totals   326.55 99.62%
 
Comparative Performance
 
Portfolio Structure as at 30 Jun 2019
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 2019  ]
   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 2019