Page 291 - Profiles's Unit Trusts & Collective Investments - September 2024

Novare Worldwide Flexible Fund of Funds

Novare Worldwide Flexible Fund of Funds
Novare Worldwide Flexible Fund of Funds
Sector: Worldwide—Multi Asset—
Flexible HISTORICAL PERFORMANCE All figures to 30 June 2024
Fund benchmark: CPI + 6% net of fees R1 000 Lump Sum(NAV-NAV) R100 Per Month(NAV-NAV)
Code (A1): NWWFF Yrs Return Value Inflation Return Value Inflation Volatility
1 (A1) 8.63% R1 086 R1 052 11.33% R1 276 R1 229 7.51
MANAGEMENT 3 (A1) 9.40% R1 309 R1 191 8.63% R4 122 R3 911 7.67
Novare Investments (Pty) Limited 4 (A1) 9.99% R1 464 R1 249 9.17% R5 817 R5 374 7.69
5 (A1) 7.45% R1 432 R1 276 8.89% R7 575 R6 886 10.81
FUND FOCUS 10 (A1) 6.51% R1 879 R1 629 7.05% R17 456 R15 564 9.28
The Novare Worldwide Flexible Fund of HISTORICAL DISTRIBUTIONS Actual payout (cents/unit) & 12-mnth historic yields
Funds is a moderate to high risk, flexible
fund of funds. The objective of this port- Period Ending End Price Jun Dec 12-mnth DY%
folio is to achieve capital appreciation 30 Jun 24 (A1) 2 073.58 22.91 - 2.26
over the medium to long term. There will 31 Dec 23 (A1) 2 006.90 26.62 24.05 2.52
be no limitations on the relative exposure 31 Dec 22 (A1) 1 863.66 21.84 26.62 2.60
of the portfolio to any asset class. 31 Dec 21 (A1) 1 870.14 9.22 14.78 1.28
Investments to be included in the fund 31 Dec 20 (A1) 1 574.59 20.94 18.28 2.49
will, apart from assets in liquid form,
consist solely of participatory interests or Risk / Return Profile
any other form of participation in portfo- 20
lios of collective investrnent schemes or
other similar schemes in the Republic of
Soulh Africa, investing in the equity,
bond, property and money markets. 3yr Compound return(%) 10
Where the aforementioned schemes are
operating in territories other than South
Africa, participatory interests or any
other form of participation in these 0 0 11 22
schemes will be included in the portfolio Volatility p.a.
only where the regulatory environment is
to the satisfaction of the manager and the
trustee as being of a sufficient standard Price History Relative Strength to MSCI World index
to provide investor protection at least 2010 1.5
equivalent to that in South Africa and 1806 1.3
which is consistent with the portfolio’s
primary objective. 1602 1.1
1398 0.9
DETAILS as at 30 June 2024
All fees and charges include Vat 1194 0.7
Formation date: 2 Mar 2012 990 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 0.5 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23
Min lump sum: R5 000
Minimum monthly: R500
No of unitholders: 92
Annual fee (A1): 0.69%
TER (A1) 03/24: 1.48%
TER Perf% (A1): 0.00%
Fund value: R44.93m
Risk rating: High
PlexCrowns:
Income declaration: 30/06, 31/12
Income payment: 02/07, 02/01

Profile’s Unit Trusts & Collective Investments — DOMESTIC 289