Page 311 - Profile's Unit Trusts & Collective Investments - September 2025

Domestic funds Novare Balanced Fund

Novare Balanced Fund
Sector: South African–Multi Asset– HISTORICAL PERFORMANCE All figures to 30 June 2025
Medium Equity R1 000 Lump Sum(NAV-NAV) R100 Per Month(NAV-NAV)
Fund benchmark: CPI + 4% net of
Value
Value
fees Yrs Return R1 154 Inflation Return R1 298 Inflation Volatility
1 (A1)
15.43%
14.45%
R1 028
R1 220
4.44
Code (A1): NBALA1 2 (A1) 11.69% R1 247 R1 081 13.39% R2 765 R2 483 5.88
MANAGEMENT 3 (A1) 12.81% R1 436 R1 139 12.32% R4 373 R3 812 6.19
Novare Investments (Pty) Limited 4 (A1) 10.87% R1 511 R1 223 11.22% R6 079 R5 237 6.23
R1 283
6.23
R6 740
5 (A1)
R1 644
10.45%
R7 992
10.85%
FUND FOCUS HISTORICAL DISTRIBUTIONS Actual payout (cents/unit) & 12-month historic yields
The Novare Balanced Fund aims to offer Period Ending End Price Jun Dec 12-mnth DY%
investors a moderate long term total
return. The portfolio will be in compliance 30 Jun 25 (A1) 1 397.35 28.09 - 3.80
with prudential investment guidelines for 31 Dec 24 (A1) 1 321.03 20.47 25.03 3.44
retirement funds in South Africa to the 31 Dec 23 (A1) 1 226.14 20.66 21.81 3.46
extent allowed for by the Act. 31 Dec 22 (A1) 1 136.30 20.36 21.03 3.64
The portfolio equity exposure will be 31 Dec 21 (A1) 1 152.55 10.47 15.87 2.29
limited to a maximum of 60%. Risk/Return Profile
In order to achieve its objective the
portfolio will invest in a broad spectrum
of South African and offshore securities.
The investments to be included in the
portfolio may comprise a combination
of securities such as assets in liquid
form, interest bearing instruments,
bonds, debentures, corporate debt,
equity securities, property securities,
preferences shares, convertible
equities, non-equity securities and
money market instruments.
The portfolio will comply with all Price History Relative Strength to FTSE/JSE All Share
prudential requirements and regulations index (J203)
controlling retirement funds or such
other applicable legislation as may be
determined for retirement funds.

DETAILS as at 30 June 2025
All fees and charges include VAT DOMESTIC FUNDS
Formation date: 15 Aug 2017
Min lump sum: R5 000
Minimum monthly: R500
Annual fee (A1): 0.75%
TER (A1) 03/25: 1.22%
TER Perf% (A1) 0.00%
Fund value: R238.74m
Risk rating: Medium
PlexCrowns (A1): «««
Income declaration: 30/06, 31/12
Income payment: 02/07, 02/01

Profile’s Unit Trusts & Collective Investments September 2025 309