Page 259 - Profile's Unit Trusts & Collective Investments - March 2026

Domestic Argon BCI Bond Fund

Argon BCI Bond Fund
Sector: South African–Interest HISTORICAL PERFORMANCE All figures to 31 Dec 2025
Bearing–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 239 Inflation Return R1 399 Inflation Volatility
23.88%
1 (A)
7.14
R1 215
28.07%
R1 035
Code (A): ABIFA 2 (A) 19.70% R1 433 R1 066 21.78% R3 029 R2 469 8.28
MANAGEMENT 3 (A) 15.79% R1 553 R1 121 18.67% R4 852 R3 781 8.81
Krishna Sathee (BSc (Hons) Statistics 4 (A) 12.96% R1 628 R1 202 16.19% R6 782 R5 173 8.57
5 (A)
R1 273
14.58%
8.29
R8 862
12.36%
R6 659
R1 791
UNISA)
Krishna has over 30 years’ fixed income HISTORICAL DISTRIBUTIONS Actual payout (cents/unit) & 12-month historic yields
investment experience. His experience Period Ending End Price Mar Jun Sep Dec 12-mnth DY%
was acquired at firms including Allan 31 Dec 25 (A) 119.05 2.36 2.38 2.27 2.27 7.80
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 (17 years),
Krishna has contributed greatly to the 25
formidable track record in the Fixed 20
Income products. 15
FUND FOCUS 3Yr Compound Return(%) 10
The objective of the portfolio is to
achieve a high level of sustainable 5
income and stability of capital invested. 0
0 5 10 15 20
DETAILS as at 31 December 2025
All fees and charges include VAT
Formation date: 17 Aug 2017 PORTFOLIO ALLOCATION
December 2025
June 2025
Min lump sum: N/A Sector Value (R ‘000) % of Fund Value (R ‘000) % of Fund Difference
Minimum monthly: N/A Liquid Assets 695 0.27% 4 790 1.98% - 1.71%
Original price: 100 Money Market - - 10 048 4.15% -
Broker p.a. com (A): 1.15% SA Bonds 253 227 99.73% 227 300 93.87% 5.85%
Annual fee (A): 0.5175% TOTAL 253 922 100.00% 242 138 100.00% 4.87%
TER (A) 12/25: 0.55% TOP HOLDINGS BY VALUE DOMESTIC FUNDS
Fund value: R263.85m December 2025 June 2025
Risk rating: Low Short Name/ Sector (000’s) (R ‘000) Fund (000’s) (R ‘000) Fund Difference
Units
Units
% of
% of
Value
Value
Name
JSE Code
PlexCrowns: ««« R2048 SA Bnds 70 700 70 316 27.69% 57 000 47 559 19.64% 22 758
Income declaration: 31/03, 30/06, R2037 SA Bnds 56 500 58 204 22.92% 49 400 44 744 18.48% 13 460
30/09, 31/12 R2032 SA Bnds 42 200 44 194 17.40% 21 900 21 367 8.82% 22 826
Income payment: 02/04, 02/07, TNG35 SA Bnds 27 000 28 358 11.17% 53 700 - 37 455 - 15.47% - - 23 637 -
R214
SA Bnds
16 900
5.44%
13 818
02/10, 04/01 R2044 SA Bnds 9 750 9 743 3.84% 11 950 10 166 4.20% - 423
TN30 SA Bnds 4 000 4 455 1.75% 4 000 4 109 1.70% 346
TSP272 SA Bnds 4 500 4 325 1.70% - - - -
HWAY34 SA Bnds 4 000 4 287 1.69% 4 000 3 856 1.59% 431
R2030 SA Bnds 3 800 4 015 1.58% - - - -
TOTAL 241 715 95.19% 169 256 69.90%
Price History Relative Strength to Short Term Fixed
Interest index

Profile’s Unit Trusts & Collective Investments March 2026 257