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Manager's Commentary
Camissa SA Equity Fund  |  South African-Equity-SA General
1.5702    -0.0039    (-0.248%)
NAV price (ZAR) Tue 24 Feb 2026 (change prev day)


Asset Allocation: Quarterly Comparison
 
 
 

 

 

Change
Quarter Ended
Quarter Ended
RSA Equity
-0.23% 
97.51% 
97.74% 
Int Equity
0.00% 
0.00% 
0.00% 
RSA Bonds
0.19% 
0.19% 
0.00% 
Int Bonds
0.00% 
0.00% 
0.00% 
RSA Real Estate
-0.03% 
1.16% 
1.19% 
Int Real Estate
0.00% 
0.00% 
0.00% 
RSA Cash
0.07% 
1.14% 
1.07% 
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 Equity97.51%97.74%98.31%96.43%98.34%95.61%97.03%96.77%
Int Equity--------
Total Equity97.51%97.74%98.31%96.43%98.34%95.61%97.03%96.77%
RSA Bonds0.19%----0.56%0.80%0.87%
Int Bonds--------
Total Bonds0.19%----0.56%0.80%0.87%
RSA Real Estate1.16%1.19%1.32%1.50%1.65%1.57%1.70%1.83%
Int Real Estate--------
Total Real Estate1.16%1.19%1.32%1.50%1.65%1.57%1.70%1.83%
RSA Cash1.14%1.07%0.37%2.07%0.01%2.26%0.47%0.53%
Int Cash--------
Total Cash1.14%1.07%0.37%2.07%0.01%2.26%0.47%0.53%
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
VALTERRA-0.09% 10.78% 10.87% 
DATATEC-0.50% 3.48% 3.97% 
MTN GROUP-0.19% 6.58% 6.77% 
NASPERS-N0.81% 5.71% 4.90% 
OMNIA0.42% 4.19% 3.77% 
BRAIT0.51% 3.65% 3.14% 
EXXARO0.68% 5.39% 4.70% 
GLENCORE-0.09% 5.29% 5.38% 
QUILTER-0.04% 3.46% 3.49% 
PROSUS-1.22% 6.54% 7.76% 
BYTES2.47% 3.71% 1.24% 
NORTHAM-3.44% 3.18% 6.62% 
Sectoral Allocation: Quarterly Comparison
 
 
 

 

 

Change
Quarter Ended
Quarter Ended
Automobiles and Parts
-0.19% 
0.27% 
0.46% 
Banks
-0.03% 
5.37% 
5.40% 
Beverages
0.21% 
1.22% 
1.01% 
Cash on call
0.07% 
1.14% 
1.07% 
Chemicals
0.44% 
5.31% 
4.87% 
Closed End Investments
0.16% 
0.75% 
0.59% 
Construction and Materials
0.48% 
2.60% 
2.12% 
Consumer Services
0.16% 
1.63% 
1.47% 
Food Producers
0.43% 
2.36% 
1.93% 
General Industrials
1.08% 
5.05% 
3.97% 
Industrial Metals and Mining
-0.11% 
6.71% 
6.82% 
Industrial Support Services
-0.02% 
0.38% 
0.40% 
Investment Banking and Brokerage Services
0.48% 
7.11% 
6.63% 
Oil, Gas and Coal
0.69% 
5.39% 
4.70% 
Open End and Miscellaneous Investment Vehicles
0.15% 
0.15% 
0.00% 
Personal Care, Drug and Grocery Stores
-0.15% 
0.87% 
1.02% 
Personal Goods
0.00% 
0.00% 
0.00% 
Pharmaceuticals and Biotechnology
-0.23% 
0.70% 
0.93% 
Precious Metals and Mining
-3.53% 
13.96% 
17.49% 
Preference Shares
0.00% 
0.19% 
0.19% 
Real Estate Investment Trusts
-0.04% 
1.16% 
1.20% 
Retailers
0.14% 
4.74% 
4.60% 
Software and Computer Services
1.63% 
20.22% 
18.59% 
Telecommunications Service Providers
-0.19% 
6.58% 
6.77% 
Travel and Leisure
0.00% 
4.63% 
4.63%