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Manager's Commentary
Camissa Top 40 Tracker Fund  |  South African-Equity-SA Large Cap
135.5486    -2.6565    (-1.922%)
NAV price (ZAR) Thu 26 Mar 2026 (change prev day)


Asset Allocation: Quarterly Comparison
 
 
 

 

 

Change
Quarter Ended
Quarter Ended
RSA Equity
1.48% 
95.78% 
94.30% 
Int Equity
0.00% 
0.00% 
0.00% 
RSA Bonds
0.00% 
0.00% 
0.00% 
Int Bonds
0.00% 
0.00% 
0.00% 
RSA Real Estate
0.10% 
1.90% 
1.80% 
Int Real Estate
0.00% 
0.00% 
0.00% 
RSA Cash
-1.58% 
2.32% 
3.90% 
Int Cash
0.00% 
0.00% 
0.00% 
Asset Allocation: Two Year Quarterly History
Asset Class4Q 20253Q 20252Q 20251Q 20254Q 20243Q 20242Q 20241Q 2024
RSA Equity95.78%94.30%94.89%97.09%92.29%89.78%93.64%93.95%
Int Equity--------
Total Equity95.78%94.30%94.89%97.09%92.29%89.78%93.64%93.95%
RSA Bonds--------
Int Bonds--------
Total Bonds--------
RSA Real Estate1.90%1.80%1.98%2.15%2.27%2.15%2.12%2.19%
Int Real Estate--------
Total Real Estate1.90%1.80%1.98%2.15%2.27%2.15%2.12%2.19%
RSA Cash2.32%3.90%3.13%0.76%5.44%8.07%4.24%3.86%
Int Cash--------
Total Cash2.32%3.90%3.13%0.76%5.44%8.07%4.24%3.86%
Total100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
RSA Total100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
Int Total--------
Top Holdings: Quarterly Comparison
 
 
 

 

 

Change
Quarter Ended
Quarter Ended
VALTERRA0.65% 4.33% 3.68% 
CASH-1.42% 2.17% 3.59% 
IMPLATS0.34% 2.69% 2.35% 
MTN GROUP0.44% 3.92% 3.47% 
NASPERS-N-2.53% 10.95% 13.48% 
STANBANK0.78% 5.01% 4.23% 
ANGGOLD0.70% 6.56% 5.86% 
FIRSTRAND0.68% 6.07% 5.39% 
GFIELDS-0.35% 8.42% 8.76% 
CAPITEC0.62% 4.70% 4.07% 
PROSUS-1.31% 3.14% 4.45% 
Sectoral Allocation: Quarterly Comparison
 
 
 

 

 

Change
Quarter Ended
Quarter Ended
Banks
2.79% 
20.92% 
18.13% 
Beverages
0.10% 
1.32% 
1.22% 
Cash on call
-1.56% 
2.33% 
3.89% 
Chemicals
-0.05% 
0.81% 
0.86% 
General Industrials
-0.04% 
1.55% 
1.59% 
Industrial Metals and Mining
0.05% 
4.80% 
4.75% 
Investment Banking and Brokerage Services
0.12% 
2.18% 
2.06% 
Life Insurance
0.50% 
4.69% 
4.19% 
Media
0.00% 
0.01% 
0.01% 
Non-life Insurance
-0.04% 
0.80% 
0.84% 
Personal Care, Drug and Grocery Stores
-0.30% 
4.58% 
4.88% 
Personal Goods
0.16% 
2.25% 
2.09% 
Precious Metals and Mining
1.97% 
28.22% 
26.25% 
Real Estate Investment and Services
0.01% 
1.13% 
1.12% 
Real Estate Investment Trusts
0.08% 
0.76% 
0.68% 
Retailers
-0.05% 
2.50% 
2.55% 
Software and Computer Services
-3.84% 
14.09% 
17.93% 
Telecommunications Service Providers
0.48% 
5.03% 
4.55% 
Tobacco
-0.36% 
2.03% 
2.39%