Page 274 - Profile's Unit Trusts & Collective Investments - March 2025

Marriott Dividend Growth Fund

Marriott Dividend Growth Fund
Marriott Dividend Growth Fund
Sector: South African—Equity—General
Fund benchmark: JSE All Share index HISTORICAL PERFORMANCE All figures to 31 December 2024
Code (C): MDGC R1 000 Lump Sum(NAV-NAV) R100 Per Month(NAV-NAV)
Yrs Return Value Inflation Return Value Inflation Volatility
Code (R): HLMK
1 (R) 8.66% R1 087 R1 029 9.22% R1 262 R1 211 6.82
MANAGEMENT 3 (R) 6.67% R1 214 R1 160 9.04% R4 149 R3 821 10.62
5 (R) 6.32% R1 359 R1 266 8.86% R7 570 R6 751 11.69
Marriott Asset Management
10 (R) 4.66% R1 576 R1 618 5.66% R16 167 R15 258 10.26
All asset management decisions are made 15 (R) 9.37% R3 832 R2 086 7.03% R31 978 R26 338 10.25
together with the Marriott Investment 20 (R) 10.89% R7 901 R2 883 8.62% R64 102 R41 309 11.16
Committee using an income-focused ap- 25 (R) 10.20% R11 348 R3 729 10.29% R140 643 R60 580 12.72
proach to investing.
30 (R) 10.57% R20 381 R5 148 10.31% R243 647 R86 685 14.45
FUND FOCUS
HISTORICAL DISTRIBUTIONS Actual payout (cents/unit) & 12-mnth historic yields
The Marriott Dividend Growth Fund has Period Ending End Price Mar Jun Sep Dec 12-mnth DY%
as its primary objective an acceptable
dividend yield combined with long term 31 Dec 24 (R) 10 338.98 81.26 149.86 70.15 45.66 3.36
growth of income and capital. To achieve 31 Dec 24 (C) 10 346.43 88.26 156.67 77.52 53.11 3.63
this objective the fund will seek out fun- 31 Dec 23 (R) 9 855.64 61.20 97.64 76.12 47.78 2.87
damentally sound listed companies that 31 Dec 23 (C) 9 862.40 67.75 104.40 83.05 54.54 3.14
currently pay dividends and possess the 31 Dec 22 (R) 8 883.33 28.48 89.97 54.69 74.82 2.79
potential for consistent and sustainable 31 Dec 22 (C) 8 889.78 34.89 96.29 61.09 81.27 3.08
dividend growth in the future. The fund
aims to achieve a dividend yield for its in-
vestors in excess of the dividend yield of Risk / Return Profile
the Financial and Industrial Index and to 25
grow distributions in excess of the divi-
dend growth achieved by the Financial
and Industrial Index measured over 3yr Compound return(%) 12
rolling two-year periods.
DETAILS as at 31 December 2024
All fees and charges include Vat 0 0 10 20
Formation date: 1 Aug 1988 Volatility p.a.
Min lump sum: R500
Minimum monthly: R300 PORTFOLIO ALLOCATION
December 2024 June 2024
Top-up investment: R300
No of holdings: 29 Sector Value (Rmil) % of Fund Value (Rmil) % of Fund Difference
Financials
5.60%
No of unitholders: 3976 Real Estate 568 28.20% 458 22.60% -1.90%
10.10%
205
8.20%
165
Original price: 500 Consumer Goods 520 25.80% 606 29.90% -4.10%
Broker p.a. com (R): 0.58% Consumer Services 81 4.00% 87 4.30% -0.30%
Annual fee (C): 0.86% Industrials 153 7.60% 211 10.40% 3.40%
TER (C) 12/24: 0.90% Healthcare 159 7.90% 235 11.60% -3.70%
TER Perf% (C): 0.00% RSA Money Market 48 2.40% 40 2.00% 0.40%
Annual fee (R): 1.15% International Money Market 2 0.10% 46 2.30% -2.20%
Education 77 3.80% 49 2.40% 1.40%
TER (R) 12/24: 1.18% Technology
89
4.40%
242
1.40%
12.00%
TER Perf% (R): 0.00% TOTAL 2 015 100.00% 2 026 100.00% -0.54%
Fund value: R2.01bn
Risk rating: High TOP HOLDINGS BY VALUE
December 2024 June 2024
PlexCrowns: Short Name/
Value
Units
%of
Value
Units
%of
Income declaration: 31/03, 30/06, JSE Code Sector Name (000’s) (R ‘000) Fund (000’s) (R ‘000) Fund Difference
30/09, 31/12 STANBANK Financials 626 138 949 6.90% 675 140 277 6.92% -50
Income payment: 03/04, 03/07, FIRSTRAND Financials 1 783 136 042 6.75% 1 896 142 072 7.01% -112
03/10, 03/01 SHOPRIT Cons 408 120 792 5.99% 390 110 173 5.44% 18
MICROSOFT Foreign 14 116 574 5.79% 11 89 799 4.43% 3
BIDVEST Industrials 395 105 428 5.23% 179 51 857 2.56% 216
SANLAM Financials 1 124 97 415 4.83% 987 78 924 3.90% 137
VISA Foreign 16 95 401 4.73% 7 35 802 1.77% 9
CLICKS Cons 235 87 899 4.36% 238 80 185 3.96% -3
A-V-I Cons 763 82 355 4.09% 598 56 885 2.80% 165
BIDCORP Cons 186 80 298 3.98% 199 86 657 4.28% -13
TOTAL 1 061 153 52.66% 872 631 43.07%
Price History Relative Strength to FTSE/JSE All Share
11000 index (J203)
1.2
10000
1.1
9000
0.9
8000
0.8
7000 0.6
6000 0.5
15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24
272 Profile’s Unit Trusts & Collective Investments — DOMESTIC