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Manager's Commentary
Camissa Protector Fund  |  South African-Multi Asset-Medium Equity
39.2044    -0.0426    (-0.109%)
NAV price (ZAR) Thu 17 Apr 2025 (change prev day)


Asset Allocation: Quarterly Comparison
 
 
 

 

 

Change
Quarter Ended
Quarter Ended
RSA Equity
-1.47% 
32.13% 
33.60% 
Int Equity
0.71% 
25.12% 
24.41% 
RSA Bonds
1.53% 
26.15% 
24.62% 
Int Bonds
0.00% 
0.00% 
0.00% 
RSA Real Estate
0.30% 
5.31% 
5.01% 
Int Real Estate
0.10% 
1.00% 
0.90% 
RSA Cash
-1.40% 
10.04% 
11.44% 
Int Cash
0.23% 
0.25% 
0.02% 
Asset Allocation: Two Year Quarterly History
Asset Class4Q 20243Q 20242Q 20241Q 20244Q 20233Q 20232Q 20231Q 2023
RSA Equity32.13%33.60%31.12%30.67%31.79%30.33%30.87%31.06%
Int Equity25.12%24.41%23.21%26.76%25.19%25.33%26.54%23.15%
Total Equity57.25%58.01%54.33%57.43%56.98%55.66%57.41%54.21%
RSA Bonds26.15%24.62%26.76%34.37%34.64%34.98%34.02%37.37%
Int Bonds--------
Total Bonds26.15%24.62%26.76%34.37%34.64%34.98%34.02%37.37%
RSA Real Estate5.31%5.01%4.81%4.90%5.30%6.65%6.37%5.27%
Int Real Estate1.00%0.90%1.11%1.27%1.40%1.28%0.46%0.76%
Total Real Estate6.31%5.91%5.92%6.17%6.70%7.93%6.83%6.03%
RSA Cash10.04%11.44%12.91%1.75%1.50%1.37%1.55%2.23%
Int Cash0.25%0.02%0.08%0.28%0.18%0.06%0.18%0.16%
Total Cash10.29%11.46%12.99%2.03%1.68%1.43%1.74%2.39%
Total100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
RSA Total73.63%74.67%75.60%71.69%73.23%73.33%72.82%75.93%
Int Total26.37%25.33%24.40%28.31%26.77%26.67%27.18%24.07%
Top Holdings: Quarterly Comparison
 
 
 

 

 

Change
Quarter Ended
Quarter Ended
MTN GROUP0.03% 2.39% 2.35% 
BRAIT0.54% 2.04% 1.50% 
MM-10MONTH6.80% 6.80% 0.00% 
MM-13MONTH-7.22% 0.00% 7.22% 
DIPULA B0.37% 4.82% 4.45% 
Camissa Global Flexible0.03% 18.03% 18.00% 
R2037-2.44% 0.00% 2.44% 
R2044-3.21% 0.00% 3.21% 
R20402.15% 2.15% 0.00% 
KAGLBLEQUITY0.98% 5.61% 4.64% 
PROSUS-0.21% 4.50% 4.71% 
Camissa Global Equity Feeder - B0.03% 2.72% 2.69% 
R20385.26% 18.08% 12.81% 
Sectoral Allocation: Quarterly Comparison
 
 
 

 

 

Change
Quarter Ended
Quarter Ended
Automobiles and Parts
-0.10% 
0.27% 
0.37% 
Banks
-0.82% 
1.42% 
2.24% 
Bond
5.09% 
23.53% 
18.44% 
Cash on call
-0.88% 
1.61% 
2.49% 
Chemicals
0.46% 
2.41% 
1.95% 
Closed End Investments
-0.01% 
1.11% 
1.12% 
Construction and Materials
0.04% 
0.18% 
0.14% 
Consumer Services
-0.15% 
0.96% 
1.11% 
Equities
0.97% 
5.61% 
4.64% 
Flexible
0.03% 
18.03% 
18.00% 
Food Producers
-0.22% 
1.87% 
2.09% 
For Currency
0.00% 
0.00% 
0.00% 
General Industrials
-0.06% 
0.90% 
0.96% 
Industrial Metals and Mining
-0.34% 
1.93% 
2.27% 
Industrial Support Services
-0.02% 
0.20% 
0.22% 
International
0.03% 
2.72% 
2.69% 
Investment Banking and Brokerage Services
0.75% 
3.63% 
2.88% 
Media
-0.01% 
0.16% 
0.17% 
Non-life Insurance
0.01% 
0.34% 
0.33% 
Oil, Gas and Coal
0.14% 
0.91% 
0.77% 
Precious Metals and Mining
-0.20% 
2.84% 
3.04% 
Preference Shares
-0.04% 
0.28% 
0.32% 
Real Estate Investment and Services
-0.04% 
0.34% 
0.38% 
Real Estate Investment Trusts
0.32% 
4.96% 
4.64% 
Retailers
-0.61% 
0.75% 
1.36% 
Software and Computer Services
0.10% 
6.66% 
6.56% 
Telecommunications Service Providers
0.04% 
2.39% 
2.35% 
Tobacco
0.08% 
0.46% 
0.38% 
Travel and Leisure
-0.02% 
2.16% 
2.18%