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

Argon BCI Bond Fund Domestic funds

Argon BCI Bond Fund
Sector: South African–Interest Bearing– HISTORICAL PERFORMANCE All figures to 30 June 2025
Variable Term R1 000 Lump Sum(NAV-NAV) R100 Per Month(NAV-NAV)
Fund benchmark: JSE/ASSA All Bond
Value
Value
Index Yrs Return R1 154 Inflation Return R1 294 Inflation Volatility
15.37%
R1 220
13.91%
1 (A)
7.89
R1 028
Code (A): ABIFA 2 (A) 14.70% R1 316 R1 081 14.92% R2 811 R2 483 8.08
MANAGEMENT 3 (A) 12.32% R1 417 R1 139 13.19% R4 435 R3 812 8.70
Krishna Sathee (BSc (Hons) Statistics 4 (A) 10.03% R1 466 R1 223 11.60% R6 130 R5 237 8.42
8.14
5 (A)
11.01%
R6 740
R1 658
R1 283
R8 027
10.64%
UNISA)
Krishna has over 29 years’ fixed income HISTORICAL DISTRIBUTIONS Actual payout (cents/unit) & 12-month historic yields
investment experience. His experience Period Ending End Price Mar Jun Sept Dec 12-mnth DY%
was acquired at firms including Allan 30 Jun 25 (A) 106.81 2.36 2.38 - - 8.80
Gray Ltd, African Harvest Fund 31 Dec 24 (A) 105.07 2.38 2.52 2.27 2.39 9.10
Managers, Tri linear Investment 31 Dec 23 (A) 99.93 2.31 2.45 2.25 2.31 9.33
Managers & Oasis Asset Management 31 Dec 22 (A) 101.39 2.14 2.31 2.23 2.29 8.85
in the positions of Fixed Income 31 Dec 21 (A) 105.47 2.14 2.16 2.25 2.16 8.25
Trader, Analyst & Portfolio Manager.
As the longest standing member of Portfolio Allocation Risk/Return Profile
the Argon investment team (16 years),
Krishna has contributed greatly to the
formidable track record in the Fixed
Income products.
FUND FOCUS
The objective of the portfolio is to
achieve a high level of sustainable
income and stability of capital invested.
DETAILS as at 30 June 2025
All fees and charges include VAT
Formation date: 17 Aug 2017 PORTFOLIO ALLOCATION June 2025 % of Fund Value (R ‘000) % of Fund Difference
December 2024
Min lump sum:
R25 000
DOMESTIC FUNDS Original price: R229.95m Money Market Sector Units 10 048 Value 100.00% Units December 2024 - % of - 8.29% -
Value (R ‘000)
Sector
R1 000
Minimum monthly:
1.06%
2 440
4 790
0.92%
1.98%
Liquid Assets
100
-
4.15%
227 300
1.15%
261 592
99.08%
93.87%
SA Bonds
Broker p.a. com (A):
- 5.20%
242 138
100.00%
TOTAL
264 032
0.5175%
Annual fee (A):
0.56%
TER (A) 03/25:
TOP HOLDINGS BY VALUE
Fund value:
June 2025
Low
Risk rating:
Value
Short Name/
% of
Fund
Fund
PlexCrowns (A):
«««
56 634
67 900
- 9 076
57 000
R2048
SA Bnds
47 559
Income declaration:
31/03, 30/06,
80 400
44 744
- 26 402
SA Bnds
R2037
49 400
26.95%
71 146
18.48%
30/09, 31/12 JSE Code Name (000’s) (R ‘000) 19.64% (000’s) (R ‘000) 21.45% Difference
25 797
R214
37 400
11 658
53 700
15.47%
37 455
9.77%
SA Bnds
6 570
6 300
SA Bnds
Income payment: 02/04, 02/07, R186 SA Bnds 28 400 29 558 12.21% 25 900 24 530 2.49% 22 988
9.29%
- 3 163
R2032
21 900
8.82%
21 367
02/10, 04/01 R209 SA Bnds 15 800 12 039 4.97% 26 800 19 752 7.48% - 7 713
R2044 SA Bnds 11 950 10 166 4.20% 14 450 12 264 4.64% - 2 097
I2038 SA Bnds 4 700 6 582 2.72% - - - -
CASH Liq Asset - 4 790 1.98% - 2 440 0.92% 2 350
TN30 SA Bnds 4 000 4 109 1.70% 4 000 4 019 1.52% 90
TOTAL 218 370 90.19% 223 153 84.52%
Price History Relative Strength to Short Term Fixed
Interest index
272 Profile’s Unit Trusts & Collective Investments September 2025