Page 280 - Profiles's Unit Trusts & Collective Investments - September 2024

Marriott Property Equity Fund

Marriott Property Equity Fund
Marriott Property Equity Fund
Sector: South African—Multi Asset—
Flexible HISTORICAL PERFORMANCE All figures to 30 June 2024
Fund benchmark: JSE Property Trust R1 000 Lump Sum(NAV-NAV) R100 Per Month(NAV-NAV)
index Yrs Return Value Inflation Return Value Inflation Volatility
Code (C): MPED 1 (R) 16.04% R1 160 R1 052 18.08% R1 324 R1 229 13.78
Code (R): MRPR 3 (R) 7.23% R1 233 R1 191 8.81% R4 134 R3 911 14.32
5 (R) 1.94% R1 101 R1 276 7.96% R7 389 R6 886 19.36
MANAGEMENT 10 (R) 4.13% R1 498 R1 629 4.22% R14 950 R15 564 14.09
15 (R) 5.76% R2 318 R2 116 4.57% R25 894 R26 882 11.99
Marriott Asset Management 20 (R) 8.72% R5 322 R2 896 5.53% R43 896 R42 270 11.79
All asset management decisions are made 25 (R) 11.20% R14 212 R3 789 8.04% R96 342 R61 994 11.57
together with the Marriott Investment
Committee using an income-focused ap- HISTORICAL DISTRIBUTIONS Actual payout (cents/unit) & 12-mnth historic yields
proach to investing. Period Ending End Price Mar Jun Sep Dec 12-mnth DY%
FUND FOCUS 30 Jun 24 (R) 731.20 5.84 14.84 - - 6.81
The Marriott Property Equity Fund has 30 Jun 24 (C) 731.70 6.34 15.34 - - 7.07
as its primary objective an acceptable 31 Dec 23 (R) 714.27 8.02 14.33 11.80 17.35 7.21
dividend yield combined with long-term 31 Dec 23 (C) 714.73 8.52 14.82 12.28 17.81 7.47
growth of income and capital. To achieve 31 Dec 22 (R) 733.33 6.78 14.66 10.58 19.89 7.08
this objective, apart from liquid assets, 31 Dec 22 (C) 733.83 7.31 15.18 11.08 20.39 7.35
securities normally to be included in the
portfolio will be financially sound listed Risk / Return Profile
property shares, collective investment 20
schemes in property and property loan
stock. The portfolio will consist of a care-
fully selected spread of prime listed com-
mercial and industrial property securities 3yr Compound return(%) 10
up to a maximum ratio of 85% and a
minimum of 50%.
DETAILS as at 30 June 2024 0
All fees and charges include Vat 0 11 22
Volatility p.a.
Formation date: 2 Sep 1996
Min lump sum: R500 PORTFOLIO ALLOCATION
Minimum monthly: R300 June 2024 December 2023
Sector Value (R000) % of Fund Value (R000) % of Fund Difference
Top-up investment: R300
No of holdings: 15 RSA Money Market 13 8 5.40% 22 0 13.70% -8.30%
Government Treasury Bills
0.00%
8.30%
8.30%
No of unitholders: 616 Floating Corporate Debt 3 1.60% 0 0.00% 1.60%
Original price: 500 Real Estate Inv Trusts 130 84.70% 140 86.30% -1.60%
Total 154 100.00% 162 100.00% -4.94%
Broker p.a. com (R): 0.575%
Annual fee (C): 0.86% TOP HOLDINGS BY VALUE
TER (C) 06/24: 0.89% June 2024 December 2023
TER Perf% (C): 0.00% Short Name/ Units Value %of Units Value %of Difference
Annual fee (R): 1.15% JSE Code Sector Name (000’s) (R ‘000) Fund (000’s) (R ‘000) Fund (000’s)
NEPIROCK Real Est 256 33 434 21.73% 280 35 346 21.94% (24)
TER (R) 06/24: 1.18% GROWPNT Real Est 2 159 26 273 17.07% 2 512 29 344 18.22% (353)
TER Perf% (R): 0.00% SIRIUS Real Est 652 13 983 9.07% 742 16 439 10.21% (90)
Fund value: R153.33m STOR-AGE Real Est 978 13 823 8.98% 1 087 14 198 8.82% (109)
Risk rating: Medium RESILIENT Real Est 287 13 601 8.84% 317 14 030 8.71% (30)
VUKILE Real Est 724 10 853 7.05% 778 10 987 6.82% (54)
PlexCrowns: MAS Real Est 526 8 584 5.58% 526 9 111 5.66% 0
Income declaration: 31/03, 30/06, HYPROP Real Est 148 4 607 2.99% 233 7 257 4.51% (85)
30/09, 31/12 FTBPROPB Real Est 764 2 979 1.94% 764
Income payment: 03/04, 03/07, TFS179 SA Bnds 2 500 2 497 1.62% 2 500
03/10, 03/01 TOTAL 130 634 84.89% 136 711 84.88%
Price History Relative Strength to FTSE/JSE SA Listed
1100 Property Index (J253)
1.5
980
1.3
860
1.1
740
0.9
620 0.7
500 0.5 |15| 16 |17| 18 |19 | 20 |21 | 22 | 23|
|15|16 |17|18 |19|20 |21|22 |23|
278 Profile’s Unit Trusts & Collective Investments — DOMESTIC