Page 286 - Profile's Unit Trusts & Collective Investments - September 2025

Camissa SA Equity Fund Domestic funds

Camissa SA Equity Fund
Sector: South African–Equity–SA HISTORICAL PERFORMANCE All figures to 30 June 2025
General R1 000 Lump Sum(NAV-NAV) R100 Per Month(NAV-NAV)
Fund benchmark: average of the ASISA
South African-Equity-General Funds Yrs Return Value Inflation Return Value Inflation Volatility
9.85
category over a rolling 12 month period 1 (A) 33.13% R1 331 R1 028 31.52% R1 426 R1 220 13.22
2 (A)
R1 401
R1 081
R3 118
24.42%
R2 483
18.36%
Code (A): KSEQFA
Code (D): KSEQFD HISTORICAL DISTRIBUTIONS Actual payout (cents/unit) & 12-month historic yields
Period Ending End Price Jun Dec 12-mnth DY%
MANAGEMENT 30 Jun 25 (A) 130.73 1.24 - 2.14
Gavin Wood (BBusSc, FFA, CFA, CIO 30 Jun 25 (D) 131.86 2.24 - 3.49
(Executive)) 31 Dec 24 (A) 113.55 1.02 1.56 2.27
Gavin was a founder of Camissa Asset 31 Dec 24 (D) 114.36 1.70 2.36 3.55
Management in 2001 and is chief 31 Dec 23 (A) 102.02 1.06 1.61 2.61
investment officer, heading up the 31 Dec 23 (D) 100.89 - 0.56 0.56
investment team since inception. He 31 Dec 22 (A) 102.65 - 2.09 2.03
also serves as an executive director. 31 Dec 22 (D) 103.13 - 2.55 2.47
Previously he was an investment analyst
with Coronation Fund Managers. He has Portfolio Allocation Risk/Return Profile
many years of investment experience
and holds a BBusSc degree from the
University of Cape Town, he qualified as
an Actuary (FFA) and is a CFA charter
holder.

FUND FOCUS
The investment objective of the
Portfolio is to provide steady capital
growth and a total portfolio return that
is better than the average general
equity fund. The generation of income
is of secondary importance. To achieve PORTFOLIO ALLOCATION June 2025 % of Fund Value (R ‘000) % of Fund Difference
December 2024
these objectives, the Portfolio will
DOMESTIC FUNDS using a bottom-up valuation process Basic Materials 350 279 1 28.47% 207 227 23.84% - 0.86%
employ a valuation-based stock picking
Sector
Value (R ‘000)
strategy. Stock picking will be based on
- 0.01%
Additional
0.28%
2 447
0.27%
3 324
4.63%
and the accompanying investment
13.78%
119 800
158 951
Consumer Discretionary
12.92%
process. The Portfolio will generally be
3.68%
0.17%
47 308
3.84%
31 966
Energy
fully invested in a diversified portfolio
1.36%
215 225
Financials
16.14%
140 262
17.49%
of equity securities, subject to the
- 0.10%
Health Care
855
0.10%
0.00%
statutory investment limitations.
6.88%
67 600
- 0.89%
7.78%
Industrials
84 696
Liquid Assets
0.36%
0.00%
38
0.37%
4 535
DETAILS as at 30 June 2025
1.65%
- 0.33%
1.32%
14 374
16 244
Real Estate
All fees and charges include VAT
209 618
268 393
24.11%
21.81%
8.64%
75 114
Telecommunications
6.63%
- 2.01%
81 564
Formation date:
41.55%
TOTAL
1.15%
Broker p.a. com (A): 2 Sept 2022 Technology 1 230 520 100.00% 869 300 100.00% - 2.30%
Annual fee (A): 1.44% TOP HOLDINGS BY VALUE
TER (A) 06/25: 1.65% June 2025 December 2024
Value
Value
Units
% of
% of
Units
TER Perf% (A): 0.00% Short Name/ Sector (000’s) (R ‘000) Fund (000’s) (R ‘000) Fund Difference
Name
JSE Code
Fund value: R1.24bn PROSUS IT 117 115 941 9.42% 118 88 305 10.16% 27 636
Income declaration: 30/06, 31/12 NORTHAM Basic Mats 556 106 545 8.66% 453 44 121 5.08% 62 424
98
Income payment: 02/07, 02/01 VALTERRA Basic Mats 116 91 550 7.44% 817 55 868 6.43% 35 682
6.63%
579
8.64%
MTN GROUP
75 114
81 564
Telcom
6 450
NASPERS-N IT 14 75 224 6.11% 16 66 642 7.67% 8 582
DATATEC IT 904 58 966 4.79% 821 40 963 4.71% 18 003
OMNIA Basic Mats 693 55 113 4.48% 564 44 036 5.07% 11 077
FAMBRANDS Cons 779 48 823 3.97% 592 40 841 4.70% 7 982
EXXARO Energy 322 47 308 3.84% 202 31 966 3.68% 15 343
QUILTER Financials 1 240 47 155 3.83% 994 35 351 4.07% 11 804
TOTAL 728 190 59.18% 523 207 60.19%
Price History Relative Strength to FTSE/JSE All Share
index (J203)

284 Profile’s Unit Trusts & Collective Investments September 2025