Page 285 - Profile's Unit Trusts & Collective Investments - March 2025

Marriott Worldwide Fund of Funds

Marriott Worldwide Fund of Funds
Marriott Worldwide Fund of Funds
Sector: Worldwide—Multi Asset—
Flexible HISTORICAL PERFORMANCE All figures to 31 December 2024
Fund benchmark: Composite (70% R1 000 Lump Sum(NAV-NAV) R100 Per Month(NAV-NAV)
ALSI and 30% MSCI) based on the Yrs Return Value Inflation Return Value Inflation Volatility
Total Return Index 1 (A) 6.60% R1 066 R1 029 8.30% R1 255 R1 211 6.46
Code (A): MWDF 3 (A) 4.24% R1 133 R1 160 7.65% R4 058 R3 821 9.62
5 (A) 7.56% R1 440 R1 266 7.09% R7 219 R6 751 9.89
Code (C): MWDC
10 (A) 7.41% R2 044 R1 618 6.89% R17 304 R15 258 10.93
Code (D): MWDD
15 (A) 9.85% R4 091 R2 086 8.47% R36 331 R26 338 10.03
MANAGEMENT 20 (A) 9.93% R6 642 R2 883 8.61% R63 992 R41 309 9.88
Marriott Asset Management HISTORICAL DISTRIBUTIONS Actual payout (cents/unit) & 12-mnth historic yields
All asset management decisions are made Period Ending End Price Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 12-mn
together with the Marriott Investment th
Committee using an income-focused ap- 31 Dec 24 (A) 3 873.60 4.23 3.91 25.59 5.17 5.09 6.85 4.63 3.30 41.48 3.94 3.88 5.91 DY%
2.94
proach to investing. 31 Dec 24 (C) 3 875.46 6.07 5.64 27.43 6.91 6.89 8.61 6.45 5.14 43.28 5.77 5.66 7.77 3.50
31 Dec 24 (D) 3 876.39 6.98 6.51 28.35 7.78 7.78 9.50 7.37 6.07 44.17 6.69 6.54 8.71 3.78
FUND FOCUS 31 Dec 23 (A) 3 748.71 4.95 4.55 22.11 4.84 5.12 8.47 4.93 4.67 45.53 4.74 4.47 9.16 3.30
The primary objective of the fund is to 31 Dec 23 (C) 3 750.52 6.68 6.15 23.86 6.59 6.97 10.23 6.74 6.51 47.26 6.45 6.14 10.97 3.85
produce an acceptable dividend yield 31 Dec 23 (D) 3 751.42 7.55 6.95 24.73 7.46 7.89 11.11 7.65 7.42 48.12 7.31 6.98 11.88 4.13
combined with long term growth of in- 31 Dec 22 (A) 3 467.37 2.96 3.00 16.34 3.54 3.85 3.59 4.14 5.27 33.40 5.77 5.22 9.87 2.80
5.52
5.16
4.72
4.54 17.97
5.81
31 Dec 22 (C) 3 469.08
5.14
6.97 34.99
3.36
6.85 11.58
7.40
come and capital. 31 Dec 22 (D) 3 469.92 5.60 5.31 18.79 5.97 6.35 5.92 6.64 7.82 35.79 8.21 7.67 12.43 3.65
The porfolio is a flexible fund of funds.
Investments normally to be included in Risk / Return Profile
the portfolio will, apart from assets in 25
liquid form, consist solely of participa-
tory interests in portfolios of collective
investment schemes registered in the Re- 3yr Compound return(%) 12
public of South Africa or other similar
schemes operated in territories with a
regulatory environment which is to the
satisfaction of the manager and trustee of 0 0 10 20
a sufficient standard to provide investor Volatility p.a.
protection at least equivalent to that in
South Africa. PORTFOLIO ALLOCATION
DETAILS as at 31 December 2024 December 2024 June 2024
All fees and charges include Vat Sector Value (R000) % of Fund Value (R000) % of Fund Difference
Floating Corporate Debt 4 0.40% 3 0.30% 0.10%
Formation date: 1 Oct 2001 International Equities 697 63.50% 618 57.40% 6.10%
Min lump sum: R500 RSA Money Market 12 1.10% 21 1.90% -0.80%
Minimum monthly: R300 InternationalRealEstate 64 5.80% 62 5.80% 0.00%
International Money Market 47 4.30% 44 4.10% 0.20%
Top-up investment: R300 RSA Government Bond 212 19.30% 251 23.30% -4.00%
No of holdings: 5 Real Estate Inv Trusts 32 2.90% 29 2.70% 0.20%
No of unitholders: 2331 International Bonds 27 2.50% 49 4.50% -2.00%
Broker p.a. com (A): 0.58% Preference Shares 1 0.10% 0 0.00% 0.10%
Fixed Corporate Debt 1 0.10% 0 0.00% 0.10%
Broker p.a. com (C): 0.58% TOTAL 1 097 100.00% 1 077 100.00% 1.86%
Annual fee (A): 2.01% TOP HOLDINGS BY VALUE
TER (A) 12/24: 2.35% December 2024 June 2024
TER Perf% (A): 0.00%
Short Name/ Units Value %of Units Value %of
Annual fee (C): 1.44% JSE Code Sector Name (000’s) (R ‘000) Fund (000’s) (R ‘000) Fund Difference
TER (C) 12/24: 1.77% MFWEF Offshore 12 096 498 171 45.42% 11 480 447 115 41.52% 616
9 821
TER Perf% (C): 0.00% MIIGF Offshore 224 758 337 958 30.82% 9 821 326 319 30.30% 224 758 0
R2035
SA Bnds
211 234
19.26%
Fund value: R1.09bn MPIF Real Est 5 021 33 210 3.03% 5 021 30 496 2.83% 0
Risk rating: Medium - High MTIF Fixed Int 11 332 9 279 0.85% 11 332 9 179 0.85% 0
PlexCrowns: TOTAL 1 089 851 99.37% 1 061 425 98.57%
Income declaration: Monthly
Price History Relative Strength to CPI excl OER
4000 1.5
3600 1.3
3200 1.1
2800 0.9
2400 0.7
2000 0.5
15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24
Profile’s Unit Trusts & Collective Investments — DOMESTIC 283