Page 259 - Profiles's Unit Trusts & Collective Investments - September 2024

Camissa Islamic Global Equity Feeder Fund

Camissa Islamic Global Equity Feeder Fund
Camissa Islamic Global Equity Feeder Fund
Sector: Global—Equity—General
Fund benchmark: Global Equity HISTORICAL PERFORMANCE All figures to 30 June 2024
General Funds mean R1 000 Lump Sum(NAV-NAV) R100 Per Month(NAV-NAV)
Code (A): KIGF Yrs Return Value Inflation Return Value Inflation Volatility
1 (A) (0.80)% R992 R1 052 0.81% R1 205 R1 229 16.14
MANAGEMENT 2 (A) 11.51% R1 244 R1 109 6.99% R2 583 R2 523 17.54
3 (A) 5.47% R1 173 R1 191 6.08% R3 958 R3 911 16.32
Abdul Davids (BCom (Accounting), CFA)
Abdul joined Camissa Asset Manage- 4 (A) 6.55% R1 289 R1 249 6.00% R5 437 R5 374 15.63
R1 466
15.75
6.47%
R6 886
7.95%
R7 100
5 (A)
R1 276
ment in 2008 as head of research. In ad-
dition to his research responsibilities, HISTORICAL DISTRIBUTIONS Actual payout (cents/unit) & 12-mnth historic yields
Abdul manages four Shariah-compliant Period Ending End Price Jun Dec 12-mnth DY%
retail unit trust funds as well as institu-
tional clients’ funds. Previously he was 30 Jun 24 (A) 155.80 0.00 0.00 0.00
with Allan Gray as a senior investment 31 Dec 23 (A) 155.27 0.00 0.00 0.00
analyst and portfolio manager for all cli- 31 Dec 22 (A) 129.86 0.00 0.00 0.00
ents in Botswana and Namibia. Abdul 31 Dec 21 (A) 147.27 0.00 0.00 0.00
graduated from the University of Cape 31 Dec 20 (A) 123.68 0.00 0.00 0.00
Town in 1996.
Risk / Return Profile
FUND FOCUS 20
This is a feeder fund and will be fully in-
vested in the dollar-denominated
Camissa Islamic Global Equity Fund, 3yr Compound return(%)
which invests in a diversified portfolio of 10
international equity securities, subject to
the statutory investment limitations. The
underlying investments will comply with
Shariah requirements as prescribed by 0 0 11 22
the Accounting & Auditing Organisation Volatility p.a.
for Islamic Financial Institutions PORTFOLIO ALLOCATION
(AAOIFI) and will not invest in any June 2024 December 2023
interest-bearing instruments. Sector Value (R000) % of Fund Value (R000) % of Fund Difference
This fund is suitable for Muslim investors Other Regions 1 060 859 99.90% 1 033 607 99.86% 0.04%
who are in their wealth accumulation USA 1 833 0.18% (0.18)%
phase, seeking a rand denominated Liquid Assets 1 050 0.10% (345) (0.03)% 0.13%
Shariah compliant portfolio of interna- TOTAL 1 061 909 100.00% 1 035 095 100.00% 2.59%
tional equities. Investors would be able
to withstand short-term market fluctua- TOP HOLDINGS BY VALUE
tions in pursuit of maximum capital June 2024 December 2023
growth over the long term. Short Name/ Units Value %of Units Value %of
JSE Code Sector Name (000’s) (R ‘000) Fund (000’s) (R ‘000) Fund Difference
DETAILS as at 30 June 2024 KAGISLAMGLBEQ Foreign 562 1 060 859 99.90% 553 1 033 607 99.86% 9 520
All fees and charges include Vat TOTAL 1 060 859 99.90% 1 033 607 99.86%
Formation date: 8 Jan 2019 Price History Relative Strength to MSCI World index
Min lump sum: R20 000 170 1.5
No of holdings: 3
156 1.3
No of unitholders: 138
Broker p.a. com (A): 1.15% 142 1.1
Annual fee (A): 1.55% 128 0.9
TER (A) 06/24: 1.84%
114 0.7
TER Perf% (A): 0.00%
Fund value: R1.06bn 100 | 20 | 21 | 22 | 23 | 0.5 | 20 | 21 | 22 | 23 |
Risk rating: High
PlexCrowns:
Income declaration: 30/06, 31/12
Income payment: 01/07, 02/01

Profile’s Unit Trusts & Collective Investments — DOMESTIC 257