Page 260 - Profile's Unit Trusts & Collective Investments - March 2025

Camissa Islamic Balanced Fund

Camissa Islamic Balanced Fund
Camissa Islamic Balanced Fund
Sector: South African—Multi Asset—
High Equity HISTORICAL PERFORMANCE All figures to 31 December 2024
Fund benchmark: South African — R1 000 Lump Sum(NAV-NAV) R100 Per Month(NAV-NAV)
Multi Asset — High Equity average return Yrs Return Value Inflation Return Value Inflation Volatility
Code (A): KAIB 1 (A) 5.76% R1 058 R1 029 8.84% R1 259 R1 211 4.76
3 (A) 3.86% R1 120 R1 160 5.87% R3 945 R3 821 7.97
MANAGEMENT 4 (A) 9.23% R1 423 R1 229 6.17% R5 456 R5 255 7.82
5 (A) 9.02% R1 540 R1 266 7.93% R7 382 R6 751 10.11
Abdul Davids (BCom (Accounting), CFA) 10 (A) 7.22% R2 009 R1 618 7.84% R18 256 R15 258 8.76
Abdul joined Camissa Asset Manage-
ment in 2008 as head of research. In ad- HISTORICAL DISTRIBUTIONS Actual payout (cents/unit) & 12-mnth historic yields
dition to his research responsibilities, Period Ending End Price Jun Dec 12-mnth DY%
Abdul manages four Shariah-compliant
retail unit trust funds as well as institu- 31 Dec 24 (A) 245.63 0.50 2.00 1.02
tional clients’ funds. Previously he was 31 Dec 23 (A) 233.38 0.64 0.63 0.54
with Allan Gray as a senior investment 31 Dec 22 (A) 221.96 1.32 2.98 1.94
analyst and portfolio manager for all cli- 31 Dec 21 (A) 228.74 3.51 3.38 3.01
ents in Botswana and Namibia. Abdul 31 Dec 20 (A) 183.57 0.54 0.45 0.54
graduated from the University of Cape
Town in 1996. Risk / Return Profile
25
FUND FOCUS
This fund will be invested in a wide vari-
ety of domestic and international asset
classes such as equity securities, sukuks 3yr Compound return(%) 12
and listed property, within the con-
straints of the statutory investment re-
strictions for retirement funds. The 0
underlying investments will comply with 0 10 20
Shariah requirements as prescribed by Volatility p.a.
the Accounting & Auditing Organisation PORTFOLIO ALLOCATION
for Islamic Financial Institutions December 2024 June 2024
(AAOIFI). The fund will not invest in Sector
any interest-bearing instruments. Value (R000) % of Fund Value (R000) % of Fund Difference
Basic Materials 567 483 13.06% 552 752 13.41% (0.36)%
This fund is suitable for Muslim investors Energy 94 217 2.17% 43 884 1.06% 1.10%
requiring a Shariah-compliant portfolio Consumer Discretionary 299 639 6.89% 371 341 9.01% (2.12)%
appropriate for retirement schemes. In- Health Care 62 177 1.43% 31 636 0.77% 0.66%
vestors would be seeking to build and Industrials 288 858 6.65% 172 092 4.18% 2.47%
grow their long-term retirement capital, Real Estate 1 520 0.04% 1 432 0.03% 0.00%
while preserving the purchasing power Telecommunications 152 721 3.51% 141 330 3.43% 0.08%
thereof over the long term and limiting Technology 140 004 3.22% 107 643 2.61% 0.61%
exposure to short-term market Spec Equity 504 580 11.61% 488 243 11.85% (0.24)%
fluctuations. Fixed Interest 295 732 6.80% 354 493 8.60% (1.80)%
Offshore Equities 783 420 18.02% 18.02%
DETAILS as at 31 Dec 2024 SA Bonds 207 954 4.78% 196 879 4.78% 0.01%
All fees and charges include Vat Money Market 767 237 17.65% 856 020 20.77% (3.12)%
Liquid Assets 180 906 4.16% 20 876 0.51% 3.66%
Formation date: 3 May 2011 Other Regions 782 260 18.98% (18.98)%
Min lump sum: R5 000 TOTAL 4 346 507 100.00% 4 120 938 100.00% 5.47%
Minimum monthly: R500 TOP HOLDINGS BY VALUE
No of holdings: 66 December 2024 June 2024
No of unitholders: 655 Short Name/ Units Value %of Units Value %of
Original price: 100 JSE Code Sector Name (000’s) (R ‘000) Fund (000’s) (R ‘000) Fund Difference
O-ISGEQKA Offshore 420 783 420 18.02%
Broker p.a. com (A): 1.15% KIGFB Spec Eq 312 472 504 580 11.61% 298 748 488 243 11.85% 13 724 286
Annual fee (A): 1.44% KIHYF Fixed Int 214 548 295 732 6.80% 270 874 354 493 8.60% (56 326 442)
TER (A) 12/24: 1.50% MTN GROUP Telcom 1 572 144 612 3.33% 1 572 133 529 3.24% -
OMNIA Basic Mats 1 775 138 615 3.19% 1 775 117 476 2.85% -
TER Perf% (A): 0.00%
RS2034 SA Bnds 119 500 131 238 3.02% 119 500 123 620 3.00% -
Fund value: R4.35bn DATATEC IT 2 515 125 418 2.89% 2 468 92 540 2.25% 47 180
Risk rating: Medium - High PPC Industrials 19 324 99 518 2.29% 18 135 58 395 1.42% 1 188 806
PlexCrowns: EXXARO Energy 526 83 062 1.91% 194 34 584 0.84% 331 583
96 823
2.35%
761
Basic Mats
71 004
832
NORTHAM
1.86%
81 006
Income declaration: 30/06, 31/12 1 499 70
Income payment: 01/07, 02/01 TOTAL 2 387 201 54.92% 4 36.39%
Price History Relative Strength to FTSE/JSE All Share
250 index (J203)
1.5
218
1.3
186
1.1
154
0.9
122 0.7
90 0.5
15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24
258 Profile’s Unit Trusts & Collective Investments — DOMESTIC