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Amity BCI Global Diversified Fund of Funds Summary Fact Sheet
Global--Multi Asset--Flexible
 
Technical Overview
Formation Date: 3 Jul 2015
Holdings: n/a
Original Price: 100
Pricing System: Forward
 
Price (A - Class)
 
Management
Tavonga Chivizhe, B.Bus.Science(Hons)-Actuarial
Tavonga Chivizhe has an Honours degree in Actuarial Science from the University of Cape Town. He hasí 8 years experience in financial markets. Tavonga is currently the Chief Investment Officer at Boutique Investment Partners and co-portfolio manager for Rebalance Fund Managers. Tavonga is responsible for investment strategy and direction.
 
Ranking
Sector: Global-Multi Asset-Flexible
Fund Size: R130 438 871 (as at 30 Jun 2019)
Sector Rank: 29 out of 30
(lump sum over 1 years to 31 Aug 2019)
Overall Rank: 998 out of 1263
(lump sum over 1 years to 31 Aug 2019)
R1000 invested on 31 Aug 2018 was worth R955.82 on 31 Aug 2019 (-4.42% annual compound return)
R100 per month since 31 Aug 2018 was worth R1 254.50 on 31 Aug 2019 (8.18% 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 Amity BCI Global Diversified Fund of Funds is a global flexible fund of funds with the investment objective to provide investors with long term capital growth through a diversified global portfolio. Investments to be included may, apart from assets in liquid form, consist of participatory interests in portfolios of collective investment schemes investing in equity securities, property shares, property related securities, non-equity securities, interest bearing instruments, preference shares and money markets instruments.

The underlying portfolios of collective investment schemes will be registered in South Africa or other similar schemes 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 and which is consistent with the portfolio's primary objective.
The portfolio's offshore exposure will exceed 80% of its asset value at all times. To the extent that the assets in the portfolio are exposed to exchange rate risk, the manager may enter into financial transactions for the exclusive purpose of hedging such exchange rate risk subject to the conditions and limits as stipulated by the Act.

The Manager shall have maximum flexibility in terms of asset allocation and shall not be precluded from continually varying the underlying exposure to equity securities, non-equity securities, bonds, preference shares, property and money market portfolios and assets in liquid form.
Nothing in this Supplemental Deed shall preclude the manager from varying the ratios of securities or assets in liquid form in changing economic environment or market conditions, or to meet the requirements in terms of legislation and from retaining cash or placing cash on deposit in terms of the Deed and this Supplemental Deed.

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.
 
Latest Fund Manager Comment / News
The Amity BCI Global Diversified Fund of Funds is a global flexible fund of funds with  ...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
ISEDMF 46 104 27.40 21.00%
U-FAIRSMA 15 977 836 19.15 14.68%
O-COGEMK 73 631 13.32 10.21%
U-BCIBSTF 10 995 422 11.87 9.10%
U-FAIRBET 9 837 537 11.61 8.90%
Totals   83.35 63.90%
 
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.
 


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