Page 290 - Profiles's Unit Trusts & Collective Investments - September 2024

Novare Capital Preserver Fund of Funds

Novare Capital Preserver Fund of Funds
Novare Capital Preserver Fund of Funds
Sector: South African—Multi Asset—
Income HISTORICAL PERFORMANCE All figures to 30 June 2024
Fund benchmark: CPI + 2% net of fees R1 000 Lump Sum(NAV-NAV) R100 Per Month(NAV-NAV)
Code (A1): NCPFF Yrs Return Value Inflation Return Value Inflation Volatility
1 (A1) 9.97% R1 100 R1 052 9.67% R1 265 R1 229 4.54
MANAGEMENT 3 (A1) 7.41% R1 239 R1 191 8.17% R4 092 R3 911 3.77
Novare Investments (Pty) Limited 4 (A1) 7.50% R1 335 R1 249 7.74% R5 641 R5 374 3.89
5 (A1) 7.20% R1 416 R1 276 7.48% R7 293 R6 886 4.20
FUND FOCUS 10 (A1) 7.35% R2 033 R1 629 7.19% R17 596 R15 564 3.83
The Novare Capital Preserver Fund of HISTORICAL DISTRIBUTIONS Actual payout (cents/unit) & 12-mnth historic yields
Funds is a conservatively managed fund of
funds. The objective of this portfolio is to Period Ending End Price Jun Dec 12-mnth DY%
achieve steady capital growth over the me- 30 Jun 24 (A1) 1 324.54 46.93 - 7.11
dium to long term combined with a rea- 31 Dec 23 (A1) 1 317.05 41.61 47.18 6.74
sonable level of income, while minimising 31 Dec 22 (A1) 1 278.88 27.88 34.80 4.90
volatility of investment returns in the short 31 Dec 21 (A1) 1 271.34 26.75 28.67 4.36
term. The portfolio equity exposure will 31 Dec 20 (A1) 1 250.51 40.46 33.21 5.89
be limited to a maximum of 40%.
Investments to be included in the Novare Risk / Return Profile
Capital Preserver Fund of Funds will, 20
apart from assets in liquid form, consist
solely of participatory interests or any
other form of participation in portfolios
of collective investment schemes or 3yr Compound return(%) 10
other similar schemes in the Republic of
South Africa investing in the equity,
bond, property and money markets.
Where the aforementioned schemes are 0 0 11 22
operating in territories other than South Volatility p.a.
Africa, participatory interests or any
other form of participation in these
schemes will be included in the portfolio Price History Relative Strength to FTSE/JSE All Share
only where the regulatory environment is 1320 index (J203)
to the satisfaction of the manager and the 1266 1.5
trustee as being of a sufficient standard 1.3
to provide investor protection at least 1212 1.1
equivalent to that in South Africa and 1158 0.9
which is consistent with the portfolio’s
primary objective. 1104 0.7
1050 0.5
DETAILS as at 30 June 2024 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23
All fees and charges include Vat
Formation date: 8 Apr 2011
Reclassified date: 31 Oct 2012
Min lump sum: R5 000
Minimum monthly: R500
No of unitholders: 79
Annual fee (A1): 0.69%
TER (A1) 03/24: 1.24%
TER Perf% (A1): 0.00%
Fund value: R104.84m
Risk rating: Low
PlexCrowns:
Income declaration: 30/06, 31/12
Income payment: 02/07, 02/01

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