Page 287 - Profile's Unit Trusts & Collective Investments - September 2025

Domestic funds Camissa Stable Fund

Camissa Stable Fund
Sector: South African–Multi Asset– HISTORICAL PERFORMANCE All figures to 30 June 2025
Low Equity R1 000 Lump Sum(NAV-NAV) R100 Per Month(NAV-NAV)
Fund benchmark: CPI + 2% p.a. Yrs Return Value Inflation Return Value Inflation Volatility
Code (A): KASF 1 (A) 28.45% R1 284 R1 028 23.87% R1 367 R1 220 6.86
3 (A) 15.36% R1 535 R1 139 17.46% R4 756 R3 812 8.62
MANAGEMENT
Gavin Wood (BBusSc, FFA, CFA, CIO 4 (A) 13.50% R1 659 R1 223 15.14% R6 625 R5 237 8.08
R6 740
14.81%
8.31
5 (A)
R1 283
15.62%
R8 920
R2 066
(Executive)) 10 (A) 10.01% R2 597 R1 599 11.25% R22 226 R15 232 8.19
Gavin was a founder of Camissa Asset
Management in 2001 and is chief HISTORICAL DISTRIBUTIONS Actual payout (cents/unit) & 12-month historic yields
investment officer, heading up the Period Ending End Price Jun Dec 12-mnth DY%
investment team since inception. He 30 Jun 25 (A) 226.11 4.43 - 4.44
also serves as an executive director. 31 Dec 24 (A) 209.61 5.48 5.61 5.29
Previously he was an investment analyst 31 Dec 23 (A) 185.94 5.45 6.03 6.17
with Coronation Fund Managers. He has 31 Dec 22 (A) 185.26 4.54 6.51 5.97
many years of investment experience 31 Dec 21 (A) 183.94 4.99 5.72 5.82
and holds a BBusSc degree from the
University of Cape Town, he qualified as Portfolio Allocation Risk/Return Profile
an Actuary (FFA) and is a CFA charter
holder.

FUND FOCUS

This fund is Regulation 28 compliant and
can invest in a wide variety of domestic

and international asset classes (such as

equities, listed property, conventional
bonds, inflation-linked bonds and cash).

As the fund aims to maximise returns, it

will have a strong bias towards equities -
typically the asset class with the highest
expected long-term returns. The fund PORTFOLIO ALLOCATION
is positioned in our team’s best ideas June 2025 December 2024
- which emanate from our bottom- Sector Value (R ‘000) % of Fund Value (R ‘000) % of Fund Difference
up research process - and is actively Additional 5 123 0.35% 4 205 0.36% - 0.01%
managed to maximise long-term returns Basic Materials 102 351 6.94% 80 638 6.88% 0.06%
without assuming excess risk of loss. Consumer Discretionary 61 127 4.15% 46 702 3.99% 0.16%
This fund is suitable for investors Derivatives 2 046 0.14% 2 462 0.21% - 0.07%
who are risk averse and require a Energy 14 621 0.99% 14 910 1.27% - 0.28% DOMESTIC FUNDS
high degree of capital stability, while Financials 60 408 4.10% 111 659 9.53% - 5.44%
requiring a reasonable income and Industrials 28 519 1.93% 29 567 2.52% - 0.59%
some capital growth. A typical investor Liquid Assets 9 259 0.63% 14 475 1.24% - 0.61%
would be retired or nearing retirement Managed 39 902 2.71% 34 830 2.97% - 0.27%
and seeking to preserve capital over any Money Market - - 215 251 18.38% -
one-year period. Other Regions 181 474 12.31% 145 037 12.38% - 0.08%
48 143
Real Estate
45 611
- 0.63%
3.89%
3.26%
DETAILS as at 30 June 2025 SA Bonds 738 557 50.08% 298 747 25.50% 24.58%
4 356
4 975
All fees and charges include VAT Spec Equity 88 192 0.34% 34 051 0.37% - 0.03%
2.91%
5.98%
3.07%
Specialist Securities
Formation date: 3 May 2011 Technology 42 090 2.85% 60 626 5.18% - 2.32%
Min lump sum: R5 000 Telecommunications 17 199 1.17% 27 997 2.39% - 1.22%
30 704
2.06%
231
2.08%
0.02%
Minimum monthly: R500 USA 1 474 690 100.00% 1 171 355 100.00% 25.90%
TOTAL
No of holdings: 101
No of unitholders: 60 TOP HOLDINGS BY VALUE
Original price: 100 June 2025 December 2024
Value
% of
Value
% of
Units
Units
Broker p.a. com (A): 1.15% Short Name/ Sector (000’s) (R ‘000) Fund (000’s) (R ‘000) Fund Difference
Name
JSE Code
Annual fee (A): 1.44% R2032 SA Bnds 410 840 400 851 27.18% - - - -
1.72%
20 157
TER (A) 06/25: 1.47% R2040 SA Bnds 217 313 196 037 13.29% 22 642 145 037 12.38% 175 879
181 474
12.31%
36 437
Foreign
77
71
KAGLBLEQUITY
TER Perf% (A) 0.00% U-NEWPLAT SpecSec 390 88 192 5.98% 208 34 051 2.91% 54 142
Fund value: R1.47bn BONDS SA Bnds 8 957 - 69 537 4.72% 8 521 - 45 417 - 3.88% - 2 502 -
47 918
Real Est
DIPULA B
3.25%
Risk rating: Low U-KAGLFLX Managed 7 976 39 902 2.71% 7 935 34 830 2.97% 5 072
PlexCrowns (A): ««««« USA C Foreign - 30 704 2.08% - 116 0.01% 30 588
39
37
Income declaration: 30/06, 31/12 VALTERRA Basic Mats 143 28 970 1.96% 197 22 299 1.90% 6 672
1.86%
8 237
1.64%
NORTHAM
27 433
19 196
Basic Mats
Income payment: 01/07, 02/01 TOTAL 1 111 019 75.34% 321 102 27.42%
Price History Relative Strength to FTSE/JSE All Share
index (J203)

Profile’s Unit Trusts & Collective Investments September 2025 285