Page 262 - Profile's Unit Trusts & Collective Investments - March 2026

Camissa Balanced Fund Domestic

Camissa Balanced Fund

Sector: South African–Multi Asset– HISTORICAL PERFORMANCE All figures to 31 Dec 2025
High Equity R1 000 Lump Sum(NAV-NAV) R100 Per Month(NAV-NAV)
Fund benchmark: South African–Multi Yrs Return Value Inflation Return Value Inflation Volatility
Asset–High Equity average return 1 (A) 24.80% R1 248 R1 035 22.37% R1 356 R1 215 6.07
Code (A): KABF 3 (A) 17.31% R1 614 R1 121 18.49% R4 838 R3 781 8.82
4 (A) 12.34% R1 593 R1 202 16.50% R6 827 R5 173 9.61
MANAGEMENT 5 (A) 14.23% R1 945 R1 273 14.85% R8 929 R6 659 9.10
Gavin Wood (BBusSc, FFA, CFA, 10 (A) 11.31% R2 921 R1 594 11.96% R23 174 R15 065 10.80
CIO (Executive)) HISTORICAL DISTRIBUTIONS Actual payout (cents/unit) & 12-month historic yields
Gavin was a founder of Camissa Asset
Management in 2001 and is chief Period Ending End Price Jun Dec 12-mnth DY%
investment officer, heading up the 31 Dec 25 (A) 311.16 3.22 3.44 2.14
investment team since inception. He 31 Dec 24 (A) 255.97 3.32 3.79 2.78
also serves as an executive director. 31 Dec 23 (A) 230.40 2.93 3.93 2.98
Previously he was an investment analyst 31 Dec 22 (A) 211.69 2.76 4.75 3.55
with Coronation Fund Managers. He has 31 Dec 21 (A) 222.06 4.57 4.49 4.08
many years of investment experience
and holds a BBusSc degree from the Portfolio Allocation Risk/Return Profile
University of Cape Town, he qualified as
an Actuary (FFA) and is a CFA charter
holder.

FUND FOCUS
This fund is Regulation 28 compliant and 3Yr Compound Return(%)

can invest in a wide variety of domestic

and international asset classes (eg

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 - PORTFOLIO ALLOCATION
typically the asset class with the highest Sector Value (R ‘000) % of Fund Value (R ‘000) % of Fund Difference
December 2025
June 2025
expected long-term returns. The fund is
DOMESTIC FUNDS process - and is actively managed to Basic Materials 565 529 2 1 10.40% - - 1 471 544 1 - 10.24% - - - 12.47% - -
positioned in our team’s best ideas - which
Additional
0.07%
5 057
0.11%
- 0.04%
7 292
emanate from our bottom-up research
- 2.35%
7.89%
658 957
311 509
4.35%
Consumer Discretionary
- 0.44%
4.78%
307 774
achieve an optimal risk/reward balance
Derivatives
- 0.13%
8 145
0.13%
and consistent positive alpha.
84 697
1.76%
1.32%
126 062
0.44%
Energy
Financials
0.12%
351 885
DETAILS as at 31 December 2025
4.80%
4.91%
308 590
745 040
22.87%
Foreign
All fees and charges include VAT
General Equity
3 May 2011
Formation date:
0.19%
Health Care
13 960
Min lump sum:
1.82%
174 930
2.44%
0.53%
2.23%
159 702
33 868
1.70%
Liquid Assets
R500
Minimum monthly:
Managed
837 733
5.78%
No of holdings: R5 000 Industrials 1 346 614 18.79% 117 013 13.02% 0.62%
113
1.86%
133 113
Real Estate
1.28%
82 290
0.58%
No of unitholders: 135 SA Bonds 1 892 685 26.41% 1 475 126 22.92% 3.49%
Original price: 100 Spec Equity 688 444 9.61% 281 938 4.38% 5.23%
Broker p.a. com (A): 1.15% Specialist Securities 492 428 - 6.87% - 158 892 2.47% - 0.38% -
7.25%
466 460
Technology
Annual fee (A): 1.44% Telecommunications 158 298 2.21% 134 765 2.09% 0.12%
TER (A) 12/25: 1.51% TOTAL 7 165 259 100.00% 6 435 086 100.00% 11.35%
TER perf% (A): 0.00% TOP HOLDINGS BY VALUE
Fund value: R7.26bn December 2025 June 2025
Risk rating: Medium-High Short Name/ Sector Units Value % of Units Value % of
(R ‘000)
(000’s)
Fund
Fund
(000’s)
PlexCrowns: ««« JSE Code Name 266 625 1 346 614 18.79% 167 456 (R ‘000) 13.02% Difference
U-KAGLFLX
508 882
837 733
Managed
Income declaration: 30/06, 31/12 R2032 SA Bnds 1 089 809 1 141 296 15.93% 671 628 655 302 10.18% 485 995
Income payment: 01/07, 02/01 U-GLEQFKA Spec Eq 386 831 688 444 9.61% 163 027 281 938 4.38% 406 506
KAGLBLEQUITY Foreign 283 677 947 9.46% 596 1 400 808 21.77% - 722 861
VALTERRA Basic Mats 169 238 538 3.33% 237 187 227 2.91% 51 312
R2040 SA Bnds 210 471 219 286 3.06% 700 482 631 899 9.82% - 412 612
PROSUS IT 208 212 545 2.97% 320 317 637 4.94% - 105 092
BONDS SA Bnds - 199 233 2.78% - - - -
CASH Liq Asset - 159 692 2.23% - 26 012 0.40% 133 681
MTN GROUP Telcom 934 158 298 2.21% 957 134 765 2.09% 23 533
TOTAL 5 041 896 70.37% 4 473 321 69.51%
Price History Relative Strength to FTSE/JSE All Share
index (J203)

260 Profile’s Unit Trusts & Collective Investments March 2026