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Merchant West SCI Cautious Fund  |  South African-Multi Asset-Low Equity
Reg Compliant
2.5648    -0.0044    (-0.171%)
NAV price (ZAR) Wed 8 Jan 2025 (change prev day)


Asset Allocation: Quarterly Comparison
 
 
 

 

 

Change
Quarter Ended
Quarter Ended
RSA Equity
0.83% 
15.66% 
14.83% 
Int Equity
-0.35% 
23.38% 
23.73% 
RSA Bonds
1.08% 
50.13% 
49.05% 
Int Bonds
0.00% 
0.00% 
0.00% 
RSA Real Estate
1.44% 
7.13% 
5.69% 
Int Real Estate
0.29% 
3.16% 
2.87% 
RSA Cash
-0.57% 
0.00% 
0.57% 
Int Cash
-2.73% 
0.53% 
3.26% 
Asset Allocation: Two Year Quarterly History
Asset Class3Q 20242Q 20241Q 20244Q 20233Q 20232Q 20231Q 20234Q 2022
RSA Equity15.66%14.83%13.89%14.72%15.90%16.39%16.99%17.92%
Int Equity23.38%23.73%25.15%24.45%22.13%24.00%18.69%22.64%
Total Equity39.04%38.56%39.04%39.18%38.03%40.39%35.68%40.56%
RSA Bonds50.13%49.05%46.01%47.54%51.28%49.91%52.43%52.31%
Int Bonds--1.47%1.42%1.48%1.38%1.42%1.26%
Total Bonds50.13%49.05%47.48%48.96%52.76%51.29%53.85%53.57%
RSA Real Estate7.13%5.69%5.30%5.45%5.14%4.78%4.29%4.17%
Int Real Estate3.16%2.87%2.85%2.96%0.59%0.71%1.00%0.59%
Total Real Estate10.30%8.56%8.14%8.41%5.73%5.49%5.29%4.76%
RSA Cash-0.57%1.52%0.75%0.93%1.84%2.25%1.05%
Int Cash0.53%3.26%3.82%2.71%2.55%1.00%2.93%0.06%
Total Cash0.53%3.83%5.33%3.46%3.48%2.83%5.19%1.11%
Total100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
RSA Total72.92%70.14%66.71%68.46%73.25%72.92%75.96%75.45%
Int Total27.08%29.86%33.29%31.54%26.75%27.08%24.04%24.55%
Top Holdings: Quarterly Comparison
 
 
 

 

 

Change
Quarter Ended
Quarter Ended
USA C-2.52% 0.28% 2.80% 
R2020.41% 7.93% 7.53% 
ABSABANK-P0.05% 2.59% 2.54% 
R2130.16% 2.66% 2.50% 
I20380.32% 6.15% 5.84% 
R2030-2.49% 5.78% 8.26% 
R20320.17% 2.77% 2.59% 
R20350.57% 7.57% 7.00% 
R20401.58% 11.16% 9.59% 
Merchant West Global Equity - B0.49% 19.76% 19.27% 
SPEARREIT0.30% 2.76% 2.46% 
Sectoral Allocation: Quarterly Comparison
 
 
 

 

 

Change
Quarter Ended
Quarter Ended
Banks
-0.34% 
3.83% 
4.17% 
Bond
1.01% 
47.53% 
46.52% 
Cash on call
-0.57% 
-0.01% 
0.56% 
Cyclical Goods & Services
-0.09% 
0.54% 
0.63% 
Energy
-0.02% 
0.69% 
0.71% 
Financial Services
0.04% 
0.86% 
0.82% 
Food Producers
0.11% 
0.80% 
0.69% 
For Currency
-2.52% 
0.28% 
2.80% 
Foreign Property
0.29% 
3.16% 
2.87% 
General Industrials
-0.01% 
0.66% 
0.67% 
Health Care Providers
0.00% 
0.28% 
0.28% 
Industrial Metals and Mining
-0.69% 
2.31% 
3.00% 
Life Insurance
0.10% 
0.44% 
0.34% 
Money Market
0.00% 
0.01% 
0.01% 
Offshore Intern
0.49% 
19.76% 
19.27% 
Oil, Gas and Coal
0.00% 
0.52% 
0.52% 
Precious Metals and Mining
-0.04% 
1.71% 
1.75% 
Preference Shares
0.05% 
2.59% 
2.54% 
Real Estate Investment Trusts
1.43% 
7.13% 
5.70% 
Retailers
0.10% 
0.37% 
0.27% 
Software and Computer Services
0.11% 
2.18% 
2.07% 
Technology
-0.04% 
1.79% 
1.83% 
Telecommunications Service Providers
0.03% 
0.28% 
0.25% 
Tobacco
0.12% 
0.95% 
0.83%