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Northstar BCI Managed Fund  |  South African-Multi Asset-High Equity
Reg Compliant
3.5866    +0.0117    (+0.327%)
NAV price (ZAR) Tue 16 Sep 2025 (change prev day)


Asset Allocation: Quarterly Comparison
 
 
 

 

 

Change
Quarter Ended
Quarter Ended
RSA Equity
-10.23% 
30.75% 
40.98% 
Int Equity
6.17% 
27.56% 
21.39% 
RSA Bonds
-2.89% 
8.79% 
11.68% 
Int Bonds
-0.94% 
5.51% 
6.45% 
RSA Real Estate
-1.43% 
1.51% 
2.94% 
Int Real Estate
0.05% 
0.05% 
0.00% 
RSA Cash
2.82% 
16.84% 
14.02% 
Int Cash
6.45% 
8.99% 
2.54% 
Asset Allocation: Two Year Quarterly History
Asset Class2Q 20251Q 20254Q 20243Q 20242Q 20241Q 20244Q 20233Q 2023
RSA Equity30.75%40.98%47.96%42.34%41.59%47.38%40.08%34.03%
Int Equity27.56%21.39%17.68%18.74%25.64%20.97%18.92%17.40%
Total Equity58.31%62.37%65.64%61.08%67.23%68.35%59.00%51.43%
RSA Bonds8.79%11.68%12.66%15.88%16.66%17.42%22.86%10.18%
Int Bonds5.51%6.45%7.05%6.81%9.79%6.77%5.37%5.39%
Total Bonds14.30%18.13%19.70%22.69%26.45%24.19%28.23%15.57%
RSA Real Estate1.51%2.94%2.57%2.99%2.85%2.14%1.98%1.88%
Int Real Estate0.05%-------
Total Real Estate1.56%2.94%2.57%2.99%2.85%2.14%1.98%1.88%
RSA Cash16.84%14.02%4.39%4.30%3.28%5.16%10.60%30.99%
Int Cash8.99%2.54%7.70%8.95%0.19%0.16%0.19%0.13%
Total Cash25.83%16.56%12.09%13.25%3.47%5.32%10.79%31.12%
Total100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
RSA Total57.89%69.62%67.58%65.50%64.38%72.10%75.52%77.08%
Int Total42.11%30.38%32.42%34.50%35.62%27.90%24.48%22.92%
Top Holdings: Quarterly Comparison
 
 
 

 

 

Change
Quarter Ended
Quarter Ended
CASH13.06% 15.59% 2.52% 
NASPERS-N-2.40% 2.08% 4.48% 
STANBANK-0.75% 2.83% 3.57% 
SHOPRIT-1.54% 0.77% 2.31% 
USA C1.36% 1.83% 0.46% 
FIRSTRAND-2.64% 3.12% 5.76% 
SANLAM-1.73% 0.99% 2.72% 
GFIELDS-0.15% 1.82% 1.97% 
EURO C2.31% 2.88% 0.57% 
BIDCORP-2.01% 0.56% 2.57% 
Northstar BCI Income - B2-2.86% 10.91% 13.76% 
Northstar Global Income Fund (USD) - C-0.65% 4.74% 5.39% 
Northstar Global Flexible Fund (USD) - A-0.26% 19.39% 19.65% 
Sectoral Allocation: Quarterly Comparison
 
 
 

 

 

Change
Quarter Ended
Quarter Ended
Banks
-3.28% 
8.79% 
12.07% 
Beverages
0.41% 
0.79% 
0.38% 
Cash on call
11.93% 
15.59% 
3.66% 
Chemicals
-0.68% 
0.34% 
1.02% 
Construction and Materials
-0.03% 
0.28% 
0.31% 
Consumer Services
0.12% 
0.35% 
0.23% 
Cyclical Goods & Services
-0.17% 
0.22% 
0.39% 
Electronic and Electrical Equipment
-0.06% 
0.31% 
0.37% 
Equities
-0.06% 
0.19% 
0.25% 
Food Producers
-0.16% 
0.04% 
0.20% 
For Currency
5.31% 
7.84% 
2.53% 
General Industrials
-1.16% 
1.01% 
2.17% 
Goods & Services
0.05% 
0.23% 
0.18% 
Health Care Providers
-0.45% 
0.18% 
0.63% 
Healthcare
0.04% 
0.29% 
0.25% 
Income
-2.86% 
10.90% 
13.76% 
Industrial Metals and Mining
-2.18% 
1.81% 
3.99% 
Industrial Transportation
-0.10% 
0.18% 
0.28% 
Investment Banking and Brokerage Services
-0.84% 
0.71% 
1.55% 
Life Insurance
-1.54% 
1.77% 
3.31% 
Money Market
0.00% 
0.00% 
0.00% 
Non-life Insurance
-0.14% 
0.08% 
0.22% 
Offshore Intern
-0.91% 
24.13% 
25.04% 
Personal Care, Drug and Grocery Stores
-3.69% 
2.87% 
6.56% 
Personal Goods
-1.25% 
0.93% 
2.18% 
Precious Metals and Mining
0.68% 
5.20% 
4.52% 
Real Estate Investment and Services
-0.84% 
0.62% 
1.46% 
Real Estate Investment Trusts
-0.57% 
0.79% 
1.36% 
Retailers
-1.57% 
1.18% 
2.75% 
Software and Computer Services
-3.55% 
2.71% 
6.26% 
Technology
0.21% 
0.47% 
0.26% 
Telecommunications Service Providers
0.11% 
0.60% 
0.49% 
Tobacco
-0.51% 
0.33% 
0.84%