Page 264 - Profiles's Unit Trusts & Collective Investments - September 2024

Camissa Stable Fund

Camissa Stable Fund
Camissa Stable Fund
Sector: South African—Multi Asset—
Low Equity HISTORICAL PERFORMANCE All figures to 30 June 2024
Fund benchmark:CPI+2%pa R1 000 Lump Sum(NAV-NAV) R100 Per Month(NAV-NAV)
Code (A): KASF Yrs Return Value Inflation Return Value Inflation Volatility
1 (A) 10.16% R1 102 R1 052 13.06% R1 288 R1 229 10.11
MANAGEMENT 3 (A) 8.91% R1 292 R1 191 8.20% R4 094 R3 911 8.09
4 (A) 12.61% R1 608 R1 249 9.68% R5 880 R5 374 8.47
Gavin Wood (BBusSc, FFA, CFA, CIO
5 (A) 8.30% R1 490 R1 276 9.40% R7 683 R6 886 9.93
(Executive))
10 (A) 7.84% R2 128 R1 629 8.29% R18 721 R15 564 7.86
Gavin was a founder of Camissa Asset
Management in 2001 and is chief invest- HISTORICAL DISTRIBUTIONS Actual payout (cents/unit) & 12-mnth historic yields
ment officer, heading up the investment Period Ending End Price Jun Dec 12-mnth DY%
team since inception. He also serves as an 30 Jun 24 (A) 186.30 5.48 - 6.18
executive director. Previously he was an
investment analyst with Coronation 31 Dec 23 (A) 185.94 5.45 6.03 6.17
Fund Managers and has many years of 31 Dec 22 (A) 185.26 4.54 6.51 5.97
investment experience. 31 Dec 21 (A) 183.94 4.99 5.72 5.82
31 Dec 20 (A) 155.61 2.60 1.81 2.84
FUND FOCUS
This fund is Regulation 28 compliant and Risk / Return Profile
can invest in a wide variety of domestic 20
and international asset classes (such as
equities, listed property, conventional
bonds, inflation-linked bonds and cash). 3yr Compound return(%)
As the fund aims to maximise returns, it 10
will have a strong bias towards equities -
typically the asset class with the highest
expected long-term returns. The fund is
positioned in our team’s best ideas - 0 0 11 22
which emanate from our bottom-up re- Volatility p.a.
search process - and is actively managed PORTFOLIO ALLOCATION
to maximise long-term returns without June 2024 December 2023
assuming excess risk of loss. Sector Value (R000) % of Fund Value (R000) % of Fund Difference
This fund is suitable for investors who Additional 5 068 0.51% 5 670 0.57% (0.06)%
are risk averse and require a high degree Energy 5 310 0.54% 3 728 0.37% 0.16%
of capital stability, while requiring a rea- Basic Materials 71 584 7.24% 63 757 6.41% 0.84%
sonable income and some capital growth. Consumer Discretionary 67 805 6.86% 58 723 5.90% 0.96%
A typical investor would be retired or Financials 38 938 3.94% 49 680 4.99% (1.05)%
nearing retirement and seeking to pre- Industrials 20 285 2.05% 18 041 1.81% 0.24%
serve capital over any one-year period. Real Estate 44 740 4.53% 50 800 5.10% (0.58)%
Technology 46 212 4.68% 47 895 4.81% (0.14)%
DETAILS as at 30 June 2024 Telecommunications 17 657 1.79% 19 633 1.97% (0.19)%
All fees and charges include Vat Spec Equity 3 072 0.31% 3 004 0.30% 0.01%
Managed 32 448 3.28% 34 762 3.49% (0.21)%
Formation date: 3 May 2011 Other Regions 83 025 8.40% 81 586 8.20% 0.20%
Min lump sum: R5 000 USA 111 0.01% 110 0.01% 0.00%
Minimum monthly: R500 SA Bonds 396 487 40.12% 529 106 53.16% (13.04)%
13.50%
13.50%
Money Market
133 405
No of holdings: 101 Derivatives 1 922 0.19% (420) (0.04)% 0.24%
No of unitholders: 60 Liquid Assets 20 096 2.03% 29 206 2.93% (0.90)%
Original price: 100 TOTAL 988 163 100.00% 995 319 100.00% (0.72)%
Broker p.a. com (A): 1.15% TOP HOLDINGS BY VALUE
Annual fee (A): 1.44% June 2024 December 2023
TER (A) 06/24: 1.47% Short Name/ Units Value %of Units Value %of
JSE Code Sector Name (000’s) (R ‘000) Fund (000’s) (R ‘000) Fund Difference
TER Perf% (A): 0.00%
R2044 SA Bnds 394 565 310 154 31.39% 495 615 386 089 38.79% (101 050 000)
Fund value: R988.16m KAGLBLEQUITY Foreign 44 83 025 8.40% 44 81 586 8.20% -
Risk rating: Low DIPULA B Real Est 10 855 44 505 4.50% 12 801 50 566 5.08% (1 946 527)
PlexCrowns: KAGF Managed 7 872 32 448 3.28% 8 565 34 762 3.49% (693 320)
Income declaration: 30/06, 31/12 PROSUS IT 43 28 026 2.84% 54 30 498 3.06% (11 345)
MTN27 SA Bnds 21 191 21 819 2.21% 13 639 13 987 1.41% 7 551 900
Income payment: 01/07, 02/01 NORTHAM Basic Mats 141 17 984 1.82% 125 17 619 1.77% 15 811
MTN30 SA Bnds 17 401 17 833 1.80% 9 740 10 004 1.01% 7 661 177
MTN GROUP Telcom 208 17 657 1.79% 170 19 633 1.97% 37 893
OMNIA Basic Mats 204 13 479 1.36% 196 12 795 1.29% 7 911
TOTAL 586 931 59.40% 657 539 66.06%
Price History Relative Strength to FTSE/JSE All Share
190 index (J203)
1.5
170
1.3
150
1.1
130
0.9
110 0.7
90 0.5
| 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | |15 | 16 |17 | 18 |19 | 20 |21 | 22 |23 |
262 Profile’s Unit Trusts & Collective Investments — DOMESTIC