Page 282 - Profiles's Unit Trusts & Collective Investments - September 2024

Marriott Worldwide Fund of Funds

Marriott Worldwide Fund of Funds
Marriott Worldwide Fund of Funds
Sector: Worldwide—Multi Asset—
Flexible HISTORICAL PERFORMANCE All figures to 30 June 2024
Fund benchmark: Composite (70% R1 000 Lump Sum(NAV-NAV) R100 Per Month(NAV-NAV)
ALSI and 30% MSCI) based on the Yrs Return Value Inflation Return Value Inflation Volatility
Total Return Index 1 (A) 1.59% R1 016 R1 052 3.18% R1 221 R1 229 10.99
Code (A): MWDF 3 (A) 6.87% R1 221 R1 191 5.55% R3 925 R3 911 10.02
5 (A) 7.00% R1 402 R1 276 5.97% R7 007 R6 886 9.94
Code (C): MWDC
10 (A) 7.33% R2 029 R1 629 6.44% R16 873 R15 564 10.92
Code (D): MWDD
15 (A) 10.44% R4 437 R2 116 8.36% R35 987 R26 882 10.16
MANAGEMENT 20 (A) 10.73% R7 683 R2 896 8.58% R63 750 R42 270 9.99
Marriott Asset Management HISTORICAL DISTRIBUTIONS Actual payout (cents/unit) & 12-mnth historic yields
All asset management decisions are made Period Ending End Price Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 12-mn
together with the Marriott Investment th
Committee using an income-focused ap- 30 Jun 24 (A) 3 699.65 4.23 3.91 25.59 5.17 5.09 6.85 - - - - - - DY%
3.36
proach to investing. 30 Jun 24 (C) 3 701.41 6.07 5.64 27.43 6.91 6.89 8.61 - - - - - - 3.93
30 Jun 24 (D) 3 702.29 6.98 6.51 28.35 7.78 7.78 9.50 - - - - - - 4.22
FUND FOCUS 31 Dec 23 (A) 3 748.71 4.95 4.55 22.11 4.84 5.12 8.47 4.93 4.67 45.53 4.74 4.47 9.16 3.30
The primary objective of the fund is to 31 Dec 23 (C) 3 750.52 6.68 6.15 23.86 6.59 6.97 10.23 6.74 6.51 47.26 6.45 6.14 10.97 3.85
produce an acceptable dividend yield 31 Dec 23 (D) 3 751.42 7.55 6.95 24.73 7.46 7.89 11.11 7.65 7.42 48.12 7.31 6.98 11.88 4.13
combined with long term growth of in- 31 Dec 22 (A) 3 467.37 2.96 3.00 16.34 3.54 3.85 3.59 4.14 5.27 33.40 5.77 5.22 9.87 2.80
31 Dec 22 (C) 3 469.08
4.72
5.14
3.36
7.40
5.81
5.52
6.85 11.58
5.16
6.97 34.99
4.54 17.97
come and capital. 31 Dec 22 (D) 3 469.92 5.60 5.31 18.79 5.97 6.35 5.92 6.64 7.82 35.79 8.21 7.67 12.43 3.65
The porfolio is a flexible fund of funds.
Investments normally to be included in the 20 Risk / Return Profile
portfolio will, apart from assets in liquid
form, consist solely of participatory inter-
ests in portfolios of collective investment
schemes registered in the Republic of 3yr Compound return(%) 10
South Africa or other similar schemes op-
erated in territories with a regulatory envi-
ronment which is to the satisfaction of the
manager and trustee of a sufficient stan- 0
11
dard to provide investor protection at least 0 Volatility p.a. 22
equivalent to that in South Africa.
PORTFOLIO ALLOCATION
DETAILS as at 30 June 2024
All fees and charges include Vat June 2024 December 2023
Sector Value (R000) % of Fund Value (R000) % of Fund Difference
Formation date: 1 Oct 2001 Floating Corporate Debt 3 0.30% 2 0.20% 0.10%
Min lump sum: R500 International Equities 618 57.40% 604 56.00% 1.40%
Minimum monthly: R300 RSA Money Market 21 1.90% 28 2.60% -0.70%
Top-up investment: R300 InternationalRealEstate 62 5.80% 70 6.50% -0.70%
44
38
4.10%
3.50%
0.60%
International Money Market
No of holdings: 6 RSA Government Bond 251 23.30% 227 21.10% 2.20%
No of unitholders: 2364 Real Estate Inv Trusts 29 2.70% 56 5.20% -2.50%
International Bonds 49 4.50% 53 4.90% -0.40%
Broker p.a. com (A): 0.58% Total 1 077 100.00% 1 078 100.00% -0.09%
Broker p.a. com (C): 0.58%
Annual fee (A): 2.01% TOP HOLDINGS BY VALUE
TER (A) 06/24: 2.35% June 2024 December 2023
TER Perf% (A): 0.00% Short Name/ Units Value %of Units Value %of Difference
Annual fee (C): 1.44% JSE Code Sector Name (000’s) (R ‘000) Fund (000’s) (R ‘000) Fund (000’s)
11 480
447 115 41.52%
438 340 40.42%
MFWEF
Offshore
11 249
231
TER (C) 06/24: 1.77% MIIGF Offshore 9 821 326 319 30.30% 9 748 332 094 30.63% 73
TER Perf% (C): 0.00% R2032 SA Bnds 275 604 248 315 23.06% 251 265 224 815 20.73% 24 339
Fund value: R1.07bn MPIF Real Est 5 021 30 496 2.83% 9 551 55 778 5.14% (4 530)
MEDTERMI Fixed Int 11 332 9 179 0.85% 11 332 9 117 0.84% 0
Risk rating: Medium - High TOTAL 1 061 425 98.57% 1 060 145 97.77%
PlexCrowns:
Income declaration: Monthly Price History Relative Strength to CPI excl OER
4000
1.5
3600 1.3
3200 1.1
2800 0.9
2400 0.7
2000 0.5 |15|16 |17 | 18 |19|20 |21 | 22 |23|
|15|16 |17|18 |19|20 |21|22 |23|
280 Profile’s Unit Trusts & Collective Investments — DOMESTIC