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Mergence CPI + 4% Prime Fund | South African–Multi Asset–Medium Equity
Reg Compliant
1.6220    +0.0002    (+0.012%)
NAV price (ZAR) Thu 12 Mar 2026 (change prev day)
 
Snapshot
<i><b>  Performance</b></i><hr/>This gauge shows the decile position of the fund against 115 Rand-denominated South African--Multi Asset--Medium Equity funds over the last three years (needle right indicates above average performance)
Performance
<i><b>  Size</b></i><hr/>This gauge shows the size of the fund against all Rand-denominated retail funds (needle right indicates a large fund, needle left a small fund)
Size
<i><b>  Diversification</b></i><hr/>This gauge shows the level of diversification relative to other funds in the same second-tier (multi asset) category (needle right indicates a well-diversified fund)
Diversification
<i><b>  Risk</b></i><hr/>This gauge shows the fund's level of historical risk relative to other funds in the South African--Multi Asset--Medium Equity sector based on 3-year volatility (needle right indicates lower risk within the sector)
Risk
Fund Performance
NAV and TRI Performance
  TRI
  NAV
   3 Months 6 Months 1 Year 3 Years 5 Years
Period    Return %Growth of R1 000
chart
* Not annualised
Key Facts and Fund Objective
Key Facts
Formation Date 1 Nov 2018
Fund Size (ZAR) 186 910 544
Latest Price 1.62
PlexCrowns (Senior)
PlexCrowns (Junior)
Total Expense Ratio (30/09) 1.50%
Minimum Investment-
TTM Distribution Yield 3.47%
Fund Objective
The Fund is managed with an absolute return orientation, and is structured to generate a return of 4% above inflation at a low level of risk. It is broadly diversified across asset classes including equities, listed property, conventional bonds and inflation-linked bonds, both domestically and internationally. The Fund employs active asset allocation and derivative hedging to manage and reduce downside risk.
Asset Classes and Holdings
Asset Classes
 SA Equities27.20%  
 Foreign Equities20.97%  
 SA Bonds41.08%  
 Foreign Bonds0.00%  
 SA Property3.65%  
 Foreign Property0.00%  
 SA Cash6.89%  
 Foreign Cash0.21%  
Top Holdings as at 31 Dec 2025
SecurityUnitsValue (Rm)% of Fund
MERGE 198 910 28.5714.04%
MPMFCD 20 700 000 20.8110.23%
R2037 11 987 000 12.356.07%
CASH 0 8.584.22%
ISHACOMSCIEME 7 126 7.953.91%
IS13TB 5 497 7.563.71%
CLN901 5 792 879 6.283.09%
CLN891 5 792 863 6.243.07%
GLD 9 236 6.143.02%
R213 5 009 000 5.022.47%
Totals  109.5153.81%
Recently viewed
12 Mar1.62+0.00+0.01% 
12 Mar1.07+0.01+0.97% 
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