Page 260 - Profile's Unit Trusts & Collective Investments - March 2026

Argon BCI Flexible Income Fund Domestic

Argon BCI Flexible Income Fund
Sector: South African–Multi Asset–SA HISTORICAL PERFORMANCE All figures to 31 Dec 2025
Income R1 000 Lump Sum(NAV-NAV) R100 Per Month(NAV-NAV)
Fund benchmark: STeFI Composite
Value
Value
Index X 110% Yrs Return R1 141 Inflation Return R1 308 Inflation Volatility
15.88%
14.11%
R1 035
5.24
1 (A)
R1 215
Code (A): ARGFIA 2 (A) 12.82% R1 273 R1 066 13.14% R2 758 R2 469 5.53
MANAGEMENT 3 (A) 11.78% R1 397 R1 121 12.23% R4 367 R3 781 5.53
Krishna Sathee (BSc (Hons) Statistics 4 (A) 10.72% R1 503 R1 202 11.56% R6 124 R5 173 5.30
5 (A)
R1 631
10.27%
10.98%
4.94
R8 020
R1 273
R6 659
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) 117.79 2.29 2.31 2.23 2.09 7.57
Gray Ltd, African Harvest Fund 31 Dec 24 (A) 112.11 2.41 2.64 2.36 2.39 8.74
Managers, Tri linear Investment 31 Dec 23 (A) 109.88 2.24 2.44 2.46 2.40 8.69
Managers & Oasis Asset Management 31 Dec 22 (A) 109.15 1.57 1.82 1.96 2.17 6.89
in the positions of Fixed Income 31 Dec 21 (A) 108.22 1.62 1.49 1.63 1.57 5.83
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
formidable track record in the Fixed
Income products.

FUND FOCUS 3Yr Compound Return(%)
The investment objective of the portfolio
is to achieve a high level of sustainable
income and stability of capital invested.

DETAILS as at 31 December 2025
All fees and charges include VAT
Formation date: 6 May 2020 PORTFOLIO ALLOCATION December 2025 0.14% Value (R ‘000) % of Fund Difference
June 2025
DOMESTIC FUNDS TER (A) 09/25: 31/03, 30/06, Liquid Assets 712 166 100.00% 363 104 June 2025 - 23.16%
Original price:
100
% of Fund
Sector
Value (R ‘000)
0.81%
Annual fee (A):
- 0.14%
1 023
1 023
0.28%
Fixed Interest
0.84%
4 088
86 172
23.73%
0.57%
115 256
71 087
Fund value:
Money Market
16.18%
19.58%
R713.92m
- 3.39%
56.41%
83.10%
26.69%
SA Bonds
204 822
591 800
Risk rating:
Low
96.13%
TOTAL
100.00%
PlexCrowns (A):
«««
Income declaration:
TOP HOLDINGS BY VALUE
30/09, 31/12
December 2025
02/04, 02/07,
Income payment:
% of
Units
Short Name/
Value
% of
Units
Value
JSE Code
Name
(000’s)
Fund
02/10, 02/01
R2037
144 015
SA Bnds
SA Bnds
R2048 Sector 139 800 (R ‘000) 20.22% (000’s) - - (R ‘000) - - Fund - - Difference - -
140 100
19.57%
139 340
TNG35 SA Bnds 68 500 71 944 10.10% - - - -
NGT115 SA Bnds 20 000 20 448 2.87% 20 000 20 474 5.64% - 26
DVF35B SA Bnds 16 900 17 216 2.42% - - - -
TSP272 SA Bnds 16 000 15 378 2.16% - - - -
SBT113 SA Bnds 14 000 14 176 1.99% 7 000 7 015 1.93% 7 161
FRB44 SA Bnds 14 000 14 154 1.99% 14 000 14 084 3.88% 71
NGT116 SA Bnds 13 300 13 527 1.90% - - - -
FRB42 SA Bnds 13 000 13 020 1.83% 13 000 13 018 3.59% 3
TOTAL 463 219 65.04% 54 591 15.03%
Price History Relative Strength to Short Term Fixed
Interest index

258 Profile’s Unit Trusts & Collective Investments March 2026