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Manager's Commentary
Camissa Protector Fund  |  South African-Multi Asset-Medium Equity
39.0367    -0.1552    (-0.396%)
NAV price (ZAR) Wed 8 Jan 2025 (change prev day)


Asset Allocation: Quarterly Comparison
 
 
 

 

 

Change
Quarter Ended
Quarter Ended
RSA Equity
2.48% 
33.60% 
31.12% 
Int Equity
1.20% 
24.41% 
23.21% 
RSA Bonds
-2.14% 
24.62% 
26.76% 
Int Bonds
0.00% 
0.00% 
0.00% 
RSA Real Estate
0.20% 
5.01% 
4.81% 
Int Real Estate
-0.21% 
0.90% 
1.11% 
RSA Cash
-1.47% 
11.44% 
12.91% 
Int Cash
-0.06% 
0.02% 
0.08% 
Asset Allocation: Two Year Quarterly History
Asset Class3Q 20242Q 20241Q 20244Q 20233Q 20232Q 20231Q 20234Q 2022
RSA Equity33.60%31.12%30.67%31.79%30.33%30.87%31.06%32.33%
Int Equity24.41%23.21%26.76%25.19%25.33%26.54%23.15%19.87%
Total Equity58.01%54.33%57.43%56.98%55.66%57.41%54.21%52.20%
RSA Bonds24.62%26.76%34.37%34.64%34.98%34.02%37.37%38.00%
Int Bonds--------
Total Bonds24.62%26.76%34.37%34.64%34.98%34.02%37.37%38.00%
RSA Real Estate5.01%4.81%4.90%5.30%6.65%6.37%5.27%5.87%
Int Real Estate0.90%1.11%1.27%1.40%1.28%0.46%0.76%1.00%
Total Real Estate5.91%5.92%6.17%6.70%7.93%6.83%6.03%6.87%
RSA Cash11.44%12.91%1.75%1.50%1.37%1.55%2.23%2.85%
Int Cash0.02%0.08%0.28%0.18%0.06%0.18%0.16%0.08%
Total Cash11.46%12.99%2.03%1.68%1.43%1.74%2.39%2.93%
Total100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
RSA Total74.67%75.60%71.69%73.23%73.33%72.82%75.93%79.05%
Int Total25.33%24.40%28.31%26.77%26.67%27.18%24.07%20.95%
Top Holdings: Quarterly Comparison
 
 
 

 

 

Change
Quarter Ended
Quarter Ended
CASH0.07% 2.08% 2.01% 
MTN GROUP0.51% 2.35% 1.85% 
MM-13MONTH7.22% 7.22% 0.00% 
MM-16MONTH-7.71% 0.00% 7.71% 
MM-17MONTH-1.84% 0.00% 1.84% 
DIPULA B0.18% 4.45% 4.27% 
Camissa Global Flexible-0.20% 18.00% 18.20% 
R20372.44% 2.44% 0.00% 
R2044-16.39% 3.21% 19.60% 
KAGLBLEQUITY1.36% 4.64% 3.28% 
PROSUS1.30% 4.71% 3.41% 
Camissa Global Equity Feeder - B-0.22% 2.69% 2.92% 
R203812.81% 12.81% 0.00% 
Sectoral Allocation: Quarterly Comparison
 
 
 

 

 

Change
Quarter Ended
Quarter Ended
Automobiles and Parts
0.03% 
0.37% 
0.34% 
Banks
0.86% 
3.11% 
2.25% 
Bond
-16.94% 
8.95% 
25.89% 
Cash on call
-0.88% 
2.49% 
3.37% 
Chemicals
-0.11% 
1.95% 
2.06% 
Closed End Investments
0.07% 
1.12% 
1.05% 
Construction and Materials
0.01% 
0.14% 
0.13% 
Consumer Services
-0.15% 
1.13% 
1.28% 
Derivatives
0.05% 
0.01% 
-0.04% 
Equities
1.36% 
4.64% 
3.28% 
Flexible
-0.20% 
18.00% 
18.20% 
Food Producers
-0.15% 
2.09% 
2.24% 
For Currency
0.00% 
0.00% 
0.00% 
General Industrials
0.16% 
0.86% 
0.70% 
Health Care Providers
0.01% 
0.10% 
0.09% 
Industrial Metals and Mining
0.13% 
2.27% 
2.14% 
Industrial Support Services
0.04% 
0.22% 
0.18% 
International
-0.23% 
2.69% 
2.92% 
Investment Banking and Brokerage Services
0.75% 
2.88% 
2.13% 
Media
0.01% 
0.17% 
0.16% 
Non-life Insurance
0.01% 
0.33% 
0.32% 
Oil, Gas and Coal
0.65% 
0.77% 
0.12% 
Personal Care, Drug and Grocery Stores
0.01% 
0.12% 
0.11% 
Precious Metals and Mining
0.51% 
3.04% 
2.53% 
Preference Shares
-0.08% 
0.32% 
0.40% 
Real Estate Investment and Services
0.02% 
0.38% 
0.36% 
Real Estate Investment Trusts
0.19% 
4.64% 
4.45% 
Retailers
-0.14% 
1.36% 
1.50% 
Software and Computer Services
1.17% 
6.56% 
5.39% 
Telecommunications Service Providers
0.50% 
2.35% 
1.85% 
Tobacco
-0.60% 
0.38% 
0.98% 
Travel and Leisure
0.03% 
2.18% 
2.15%