Page 292 - Profile's Unit Trusts & Collective Investments - September 2025
P. 292
Marriott Core Income Fund Domestic funds
Marriott Core Income Fund
Sector: South African–Multi Asset– HISTORICAL PERFORMANCE All figures to 30 June 2025
Income R1 000 Lump Sum(NAV-NAV) R100 Per Month(NAV-NAV)
Fund benchmark: SA Interest Bearing
Value
Value
Money Market Funds sector average Yrs Return R1 118 Inflation Return R1 271 Inflation Volatility
R1 028
R1 220
1.60
1 (A)
10.60%
11.81%
Code (A): MRCI 3 (A) 10.70% R1 357 R1 139 10.46% R4 244 R3 812 2.94
Code (C): MIFC 5 (A) 7.93% R1 464 R1 283 8.98% R7 595 R6 740 2.79
10 (A) 8.28% R2 216 R1 599 8.27% R18 697 R15 232 3.22
MANAGEMENT 15 (A) 7.67% R3 029 R2 089 7.79% R34 175 R26 279 3.40
Marriott Asset Management 20 (A) 8.05% R4 708 R2 879 7.61% R56 491 R41 105 3.75
All asset management decisions
are made together with the Marriott HISTORICAL DISTRIBUTIONS Actual payout (cents/unit) & 12-month historic yields
Investment Committee using an End 12-mnth
income-focused approach to investing. Period Ending Price Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec DY%
31 Jul 25 (A) 115.40 0.74 0.67 0.75 0.74 0.76 0.74 - - - - - - 7.81
FUND FOCUS 31 Jul 25 (C) 115.43 0.77 0.69 0.77 0.77 0.79 0.77 - - - - - - 8.09
Marriott Core Income Fund has as its 31 Dec 24 (A) 113.56 0.78 0.74 0.80 0.81 0.85 0.84 0.79 0.76 0.81 0.77 0.80 0.78 8.39
primary objective a high and growing 31 Dec 24 (C) 113.59 0.81 0.76 0.83 0.84 0.88 0.87 0.81 0.78 0.84 0.79 0.83 0.81 8.67
0.76
0.77
0.77
0.70
111.95
8.27
31 Dec 23 (A)
0.73
0.79
0.64
0.76
0.84
0.80
0.83
0.86
managed income. To achieve this 31 Dec 23 (C) 111.98 0.73 0.67 0.81 0.76 0.79 0.80 0.80 0.79 0.86 0.88 0.87 0.83 8.55
objective, apart from assets in liquid 31 Dec 22 (A) 110.30 0.54 0.53 0.62 0.61 0.63 0.64 0.71 0.74 0.74 0.78 0.73 0.75 7.27
form, the portfolio will invest in high 31 Dec 22 (C) 110.33 0.57 0.55 0.65 0.64 0.66 0.66 0.74 0.76 0.76 0.80 0.76 0.78 7.55
yielding equity, interest bearing and 31 Dec 21 (A) 112.10 0.52 0.47 0.53 0.54 0.52 0.50 0.53 0.56 0.53 0.57 0.56 0.58 5.72
financial instruments. All securities, 31 Dec 21 (C) 112.12 0.55 0.49 0.56 0.57 0.55 0.53 0.56 0.59 0.56 0.60 0.58 0.60 6.01
non-equity securities and financial
instruments are to be listed on RSA Portfolio Allocation Risk/Return Profile
exchanges or held via portfolios
of collective investment schemes
comprising such instruments. The
fund may from time to time invest in
financial instruments in order to meet
its investment objectives. The primary
objective is a yield comparable with the
All Bond Index (ALBI) with an important
DOMESTIC FUNDS Formation date: 5 Feb 2001 PORTFOLIO ALLOCATION Value (R mil) % of Fund Value (R mil) % of Fund Difference
secondary consideration being growth
in income.
DETAILS as at 30 June 2025
All fees and charges include VAT
December 2024
June 2025
Sector
Min lump sum:
R500
4372
42.70%
-4.00%
4011
38.70%
Floating Corporate Debt
R300
Minimum monthly:
1.10%
Fixed Corporate Debt
113
114
1.10%
0.00%
Top-up investment:
1.80%
187
0.00%
1.80%
184
Preference Shares
49
No of holdings:
1.30%
3.40%
Cash and Short Term Fixed Deposits
4.70%
348
487
987
No of unitholders: R300 Real Estate Inv Trusts 166 1.60% 154 1.50% 0.10%
1.00%
102
104
Medium Term Fixed Deposits
1.00%
0.00%
Original price: 100 Medium Term Floating Deposits 104 1.00% 297 2.90% -1.90%
45.60%
4.50%
50.10%
5193
4669
Broker p.a. com (A): 0.58% RSA Government Bond 10 365 100.00% 10 238 100.00% 1.24%
TOTAL
Annual fee (A): 1.04%
TER (A) 06/25: 1.05% TOP HOLDINGS BY VALUE
TER Perf% (A): n/a June 2025 December 2024
Units
PlexCrowns (A): «« Short Name/ Sector (000’s) (R ‘000) Fund (000’s) (R ‘000) Fund Difference
Value
% of
Value
Units
% of
JSE Code
Name
Annual fee (C): 0.75% R2032 SA Bnds 3 134 064 3 058 867 29.47% 1 289 759 1 221 286 11.93% 1 837 581
TER (C) 06/25: 0.77% RN2032 SA Bnds 823 000 832 325 8.02% - - - -
TER Perf% (C): n/a I2029 SA Bnds 506 683 - 696 622 6.71% 696 167 - 928 493 9.07% - 231 872
Liq Asset
104 624
584 825
CASH
6.64%
1.02%
689 449
Fund value: R10.44bn I2033 SA Bnds 274 308 354 873 3.42% - - - -
Risk rating: Low-Medium NDBB02 SA Bnds 301 224 304 583 2.93% 304 000 306 205 2.99% - 1 622
574
Income declaration: Monthly SBS79 SA Bnds 208 000 213 008 2.05% 208 000 212 434 2.07% - 1 869
2.03%
SA Bnds
206 048
205 000
1.99%
PEP06
202 847
207 917
BPPF51 SA Bnds 200 237 201 437 1.94% 203 000 203 931 1.99% - 2 494
RES63 SA Bnds 198 842 200 169 1.93% 201 000 202 677 1.98% - 2 508
TOTAL 6 757 380 65.11% 3 387 567 33.08%
Price History Relative Strength to FTSE/JSE All Share
index (J203)
290 Profile’s Unit Trusts & Collective Investments September 2025
