Page 271 - Profiles's Unit Trusts & Collective Investments - September 2024

Marriott Dividend Growth Fund

Marriott Dividend Growth Fund
Marriott Dividend Growth Fund
Sector: South African—Equity—General
Fund benchmark: JSE All Share index HISTORICAL PERFORMANCE All figures to 30 June 2024
Code (C): MDGC R1 000 Lump Sum(NAV-NAV) R100 Per Month(NAV-NAV)
Yrs Return Value Inflation Return Value Inflation Volatility
Code (R): HLMK
1 (R) 7.75% R1 077 R1 052 10.31% R1 269 R1 229 11.25
MANAGEMENT 3 (R) 8.41% R1 274 R1 191 8.15% R4 090 R3 911 11.10
5 (R) 5.23% R1 290 R1 276 7.91% R7 380 R6 886 11.75
Marriott Asset Management
10 (R) 5.34% R1 683 R1 629 5.14% R15 712 R15 564 10.31
All asset management decisions are made 15 (R) 10.50% R4 469 R2 116 7.10% R32 174 R26 882 10.42
together with the Marriott Investment 20 (R) 12.32% R10 218 R2 896 8.81% R65 661 R42 270 11.45
Committee using an income-focused ap- 25 (R) 10.81% R13 011 R3 789 10.29% R140 632 R61 994 13.08
proach to investing.
30 (R) 10.62% R20 676 R5 384 10.29% R242 367 R88 878 14.50
FUND FOCUS
HISTORICAL DISTRIBUTIONS Actual payout (cents/unit) & 12-mnth historic yields
The Marriott Dividend Growth Fund has Period Ending End Price Mar Jun Sep Dec 12-mnth DY%
as its primary objective an acceptable
dividend yield combined with long term 30 Jun 24 (R) 10 019.25 81.26 149.86 - - 3.54
growth of income and capital. To achieve 30 Jun 24 (C) 10 026.06 88.26 156.67 - - 3.82
this objective the fund will seek out fun- 31 Dec 23 (R) 9 855.64 61.20 97.64 76.12 47.78 2.87
damentally sound listed companies that 31 Dec 23 (C) 9 862.40 67.75 104.40 83.05 54.54 3.14
currently pay dividends and possess the 31 Dec 22 (R) 8 883.33 28.48 89.97 54.69 74.82 2.79
potential for consistent and sustainable 31 Dec 22 (C) 8 889.78 34.89 96.29 61.09 81.27 3.08
dividend growth in the future. The fund
aims to achieve a dividend yield for its in-
vestors in excess of the dividend yield of 20 Risk / Return Profile
the Financial and Industrial Index and to
grow distributions in excess of the divi-
dend growth achieved by the Financial
and Industrial Index measured over 3yr Compound return(%) 10
rolling two-year periods.
DETAILS as at 30 June 2024
All fees and charges include Vat 0
0 11 22
Formation date: 1 Aug 1988 Volatility p.a.
Min lump sum: R500
Minimum monthly: R300 PORTFOLIO ALLOCATION
June 2024 December 2023
Top-up investment: R300
No of holdings: 30 Sector Value (R000) % of Fund Value (R000) % of Fund Difference
345
22.70%
Financials
459
16.40%
6.20%
No of unitholders: 4054 Real Estate 205 10.10% 242 11.50% -1.40%
Original price: 500 Consumer Goods 606 29.90% 695 33.00% -3.10%
Broker p.a. com (R): 0.58% Consumer Services 87 4.30% 89 4.20% 0.10%
Annual fee (C): 0.86% Industrials 209 10.30% 221 10.50% -0.10%
Healthcare
11.60%
339
-4.50%
235
16.10%
TER (C) 06/24: 0.90% RSA Money Market 40 2.00% 61 2.90% -0.90%
TER Perf% (C): 0.00% International Money Market 46 2.30% 11 0.50% 1.80%
Education 49 2.40% 0 0.00% 2.40%
Annual fee (R): 1.15%
Technology 89 4.40% 103 4.90% -0.50%
TER (R) 06/24: 1.18% Total 2 026 100.00% 2 106 100.00% -3.80%
TER Perf% (R): 0.00% TOP HOLDINGS BY VALUE
Fund value: R2.03bn June 2024 December 2023
Risk rating: High
Short Name/
Value
Units
%of Difference
Value
%of
Units
PlexCrowns: JSE Code Sector Name (000’s) (R ‘000) Fund (000’s) (R ‘000) Fund (000’s)
Income declaration: 31/03, 30/06, FIRSTRAND Financials 1 896 142 072 7.01% 1 528 112 342 5.29% 368
30/09, 31/12 STANBANK Financials 675 140 277 6.92% 516 107 286 5.05% 159
Income payment: 03/04, 03/07, SHOPRIT Cons 390 110 173 5.44% 443 121 876 5.74% (53)
03/10, 03/01 MICROSOFT Foreign 11 89 798 4.43% 15 104 049 4.90% (4)
RICHEMONT Cons 31 89 565 4.42% 36 92 542 4.36% (5)
BIDCORP Cons 199 86 657 4.28% 210 89 406 4.21% (11)
CLICKS Cons 238 80 185 3.96% 238 77 513 3.65% 0
SANLAM Financials 987 78 924 3.90% 1 162 84 573 3.98% (175)
PFIZER Foreign 152 77 552 3.83% 124 66 297 3.12% 28
DIAGEO Foreign 125 73 550 3.63% 125 84 794 3.99% 0
TOTAL 968 754 47.81% 940 677 44.31%
Price History Relative Strength to FTSE/JSE All Share
10500 index (J203)
1.5
9800
1.3
9100
1.1
8400
0.9
7700 0.7
7000 0.5
| 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | |15| 16 |17| 18 |19 | 20 |21 | 22 | 23|
Profile’s Unit Trusts & Collective Investments — DOMESTIC 269