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Manager's
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Fund Profile
Manager's Commentary
BlueAlpha BCI All Seasons Fund  |  South African-Multi Asset-Flexible
7.6003    +0.0386    (+0.510%)
NAV price (ZAR) Wed 17 Sep 2025 (change prev day)


Asset Allocation: Quarterly Comparison
 
 
 

 

 

Change
Quarter Ended
Quarter Ended
RSA Equity
1.88% 
54.63% 
52.75% 
Int Equity
1.67% 
30.92% 
29.25% 
RSA Bonds
0.00% 
0.03% 
0.03% 
Int Bonds
0.00% 
0.00% 
0.00% 
RSA Real Estate
0.05% 
3.29% 
3.24% 
Int Real Estate
0.00% 
0.00% 
0.00% 
RSA Cash
-2.94% 
1.97% 
4.91% 
Int Cash
-0.66% 
9.16% 
9.82% 
Asset Allocation: Two Year Quarterly History
Asset Class2Q 20251Q 20254Q 20243Q 20242Q 20241Q 20244Q 20233Q 2023
RSA Equity54.63%52.75%54.25%48.85%48.47%45.43%42.38%47.88%
Int Equity30.92%29.25%30.81%28.90%35.92%37.87%43.55%41.08%
Total Equity85.55%82.00%85.06%77.75%84.39%83.30%85.93%88.96%
RSA Bonds0.03%0.03%0.02%0.02%0.19%0.05%0.04%0.11%
Int Bonds--------
Total Bonds0.03%0.03%0.02%0.02%0.19%0.05%0.04%0.11%
RSA Real Estate3.29%3.24%3.20%3.19%2.05%2.02%--
Int Real Estate--------
Total Real Estate3.29%3.24%3.20%3.19%2.05%2.02%--
RSA Cash1.97%4.91%1.69%8.90%10.49%11.84%10.08%6.71%
Int Cash9.16%9.82%10.03%10.14%2.88%2.79%3.95%4.22%
Total Cash11.13%14.73%11.72%19.04%13.37%14.63%14.03%10.93%
Total100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
RSA Total59.92%60.93%59.16%60.96%61.20%59.34%52.50%54.70%
Int Total40.08%39.07%40.84%39.04%38.80%40.66%47.50%45.30%
Top Holdings: Quarterly Comparison
 
 
 

 

 

Change
Quarter Ended
Quarter Ended
ABSA-0.25% 3.76% 4.00% 
CANADA C-0.38% 8.73% 9.11% 
REMGRO-0.16% 3.30% 3.46% 
BATS0.22% 4.44% 4.21% 
OUTSURE0.24% 4.53% 4.28% 
EQUITES0.05% 3.29% 3.24% 
BlueAlpha BCI Global Equity - B-0.75% 19.44% 20.19% 
RESMED0.18% 3.39% 3.20% 
PROSUS0.49% 5.02% 4.53% 
KAROO0.29% 5.37% 5.09% 
Sectoral Allocation: Quarterly Comparison
 
 
 

 

 

Change
Quarter Ended
Quarter Ended
Alternative Energy
0.51% 
1.23% 
0.72% 
Banks
-0.58% 
9.67% 
10.25% 
Cash on call
-0.04% 
0.26% 
0.30% 
Construction
0.14% 
2.11% 
1.97% 
Electronic and Electrical Equipment
-0.25% 
2.21% 
2.46% 
Food & Beverage
-0.43% 
2.58% 
3.01% 
For Currency
-0.38% 
9.04% 
9.42% 
Foreign Invest
0.75% 
2.02% 
1.27% 
Healthcare
0.19% 
3.39% 
3.20% 
Industrial Materials
-0.38% 
1.30% 
1.68% 
Industrial Metals and Mining
-0.47% 
4.58% 
5.05% 
International
-0.75% 
19.44% 
20.19% 
Investment Banking and Brokerage Services
0.62% 
7.77% 
7.15% 
Money Market
-0.04% 
0.92% 
0.96% 
Non-life Insurance
0.25% 
4.53% 
4.28% 
Personal Care, Drug and Grocery Stores
-0.19% 
4.25% 
4.44% 
Personal Goods
-0.05% 
2.55% 
2.60% 
Real Estate Investment Trusts
0.05% 
3.29% 
3.24% 
Retailers
-0.22% 
2.51% 
2.73% 
Software and Computer Services
0.77% 
10.39% 
9.62% 
Technology
-0.10% 
1.14% 
1.24% 
Tobacco
0.23% 
4.44% 
4.21%