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Merchant West SCI Cautious Fund | South African–Multi Asset–Low Equity
Reg Compliant
2.9488    -0.0056    (-0.190%)
NAV price (ZAR) Wed 11 Nov 2026 (change prev day)
 
Snapshot
<i><b>  Performance</b></i><hr/>This gauge shows the decile position of the fund against 171 Rand-denominated South African--Multi Asset--Low Equity funds over the last three years (needle right indicates above average performance)
Performance
<i><b>  Size</b></i><hr/>This gauge shows the size of the fund against all Rand-denominated retail funds (needle right indicates a large fund, needle left a small fund)
Size
<i><b>  Diversification</b></i><hr/>This gauge shows the level of diversification relative to other funds in the same second-tier (multi asset) category (needle right indicates a well-diversified fund)
Diversification
<i><b>  Risk</b></i><hr/>This gauge shows the fund's level of historical risk relative to other funds in the South African--Multi Asset--Low Equity sector based on 3-year volatility (needle right indicates lower risk within the sector)
Risk
Fund Performance
NAV and TRI Performance
  TRI
  NAV
   3 Months 6 Months 1 Year 3 Years 5 Years
Period    Return %Growth of R1 000
chart
* Not annualised
Key Facts and Fund Objective
Key Facts
Formation Date 3 Jan 2012
Fund Size (ZAR) 518 586 687
Latest Price 2.95
PlexCrowns (Senior)
PlexCrowns (Junior)
Total Expense Ratio (30/06) 1.44%
Minimum InvestmentR10 000
TTM Distribution Yield 3.44%
Fund Objective
In order to achieve this objective the investments to be acquired for the portfolio will cover the full spectrum of securities, and include equities, participatory interests in collective investment schemes in property, loan stock listed on exchanges, non-equity securities, preference shares, bonds, money market instruments and assets in liquid form. The Manager may make active use of listed and unlisted financial instruments to reduce the risk that a general decline in the value of equity markets may have on the value of the portfolio. The manager may from time to time invest in participatory interests in portfolios of collective investment schemes registered in the Republic of South Africa and which are consistent with the portfolio's primary objective....Read more
Asset Classes and Holdings
Asset Classes
 SA Equities18.20%  
 Foreign Equities19.90%  
 SA Bonds46.80%  
 Foreign Bonds0.60%  
 SA Property5.70%  
 Foreign Property1.10%  
 SA Cash7.50%  
 Foreign Cash0.20%  
Top Holdings as at 30 Sep 2026
SecurityUnitsValue (Rm)% of Fund
MWSGFZ 1 586 510 64.2812.67%
R2032 62 000 000 61.3412.10%
MWEID 46 225 053 60.5311.93%
R2030 58 500 000 59.0611.65%
R2035 58 000 000 58.9311.62%
O-COGLOEQ 991 512 29.565.83%
RECMMB 14 215 586 14.302.82%
O-REGLBL 853 506 13.452.65%
ANGGOLD 7 459 11.582.28%
NASPERS-N 13 668 9.611.89%
Totals  382.6275.44%
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11 Nov2.95-0.01-0.19% 
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