Page 286 - Profiles's Unit Trusts & Collective Investments - September 2024

Mazi BCI Global Equity Feeder Fund

Mazi BCI Global Equity Feeder Fund
Mazi BCI Global Equity Feeder Fund
Sector: Global—Equity—General
Fund benchmark: MSCI All Country HISTORICAL PERFORMANCE All figures to 30 June 2024
World Index R1 000 Lump Sum(NAV-NAV) R100 Per Month(NAV-NAV)
Code (A): MAMCA Yrs Return Value Inflation Return Value Inflation Volatility
1 (A) 19.53% R1 195 R1 052 22.25% R1 355 R1 229 16.98
MANAGEMENT 2 (A) 33.17% R1 773 R1 109 26.43% R3 187 R2 523 17.35
Mazi Asset Management (Pty) Ltd. HISTORICAL DISTRIBUTIONS Actual payout (cents/unit) & 12-mnth historic yields
FUND FOCUS Period Ending End Price Feb Jun Aug Dec 12-mnth DY%
At any one time, at least 80% of the port- 30 Jun 24 (A) 159.87 0.00 0.00 0.00 0.00 0.00
folio will be comprised of global equity 31 Dec 23 (A) 141.65 0.00 - 0.00 0.00 0.00
securities. The portfolio may invest in 31 Dec 22 (A) 97.60 0.00 - 0.00 - 0.00
global and local equity securities, govern-
ment, corporate and inflation-linked Risk / Return Profile
bonds, debentures, non-equity securities, 49
convertible debt instruments, preference
shares, money market instruments and
assets in liquid form. The manager may
make use of listed and unlisted financial 1yr Compound return(%) 24
instruments to reduce the risk that a gen-
eral decline in the value of the equity se-
curities may have on the portfolio. The 0 0 21 42
manager shall have the maximum flexi- Volatility p.a. Scale adjusted to accommodate
bility to vary between markets and coun- exceptional return/volatility.
ties to reflect changing economic and
market conditions. Nothing in this sup- PORTFOLIO ALLOCATION
plemental deed shall preclude the man- June 2024 December 2023
ager from varying the ratio of securities Sector Value (R000) % of Fund Value (R000) % of Fund Difference
or assets in liquid form in changing eco- Other Regions 282 759 99.84% 290 887 99.57% 0.27%
nomic environment or market condi- USA (50) (0.02)% 817 0.28% (0.30)%
tions, or to meet the requirements in Liquid Assets 500 0.18% 454 0.16% 0.02%
terms of legislation and from retaining TOTAL 283 209 100.00% 292 158 100.01% (3.06)%
cash or placing cash on deposit in terms
of the deed and this supplemental deed.
The Manager will be permitted to invest Price History Relative Strength to MSCI World index
on behalf of the portfolio in offshore in- 140 1.5
vestments as legislation permits. The 130
Trustee shall ensure the investment pol- 1.3
icy set out in this supplemental deed is 120 1.1
carried out. For the purpose of this port-
folio, the Manager shall reserve the right 110 0.9
to close the Portfolio to new investors on 100 0.7
a date determined by the Manager. This
will be done in order to be able to man- 90 A S O N D J F M A M J 0.5 A S O N D J F M A M J
age the portfolio in accordance with its
mandate. The Manager may, once a
portfolio has been closed, open that
portfolio again to new investors on a date
determined by the Manager.
DETAILS as at 30 June 2024
All fees and charges include Vat
Formation date: 18 Dec 2020
Broker p.a. com (A): 0%
Annual fee (A): 0.92%
TER (A) 03/24: 0.97%
TER Perf% (A): 0.00%
Fund value: R283.21m
Risk rating: High
Income declaration: 31/08, 28/02
Income payment: 03/09, 03/03

284 Profile’s Unit Trusts & Collective Investments — DOMESTIC