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SIM Tactical Income Fund  |  South African-Multi Asset-Income
1.1763    +0.0013    (+0.111%)
NAV price (ZAR) Mon 30 Jun 2025 (change prev day)


 
Technical Details  
 

Formation Date (A)

14 Jun 2017

Fund Size (ZAR)

4 964 851 815

Domicile

South Africa

Reporting Currency

ZAR

JSE Code (A)

ABTCA

ISIN (A)

ZAE000244158

Pricing

Daily

Number of unitholders

0

ASISA Category

SA-Multi Asset-Income

Benchmark

Repo rate +2% per annum

Income Distributions

30/06,31/12

Income Payment

-

Trustee

0

Management Company

Sanlam Collective Investments

Fund Management

James Turp

Minimum Investment

R2 000

Minimum Top-Up

-

Minimum Monthly

R200

Risk Rating

Medium

 
Fund Objective  
 
The Fund will be actively managed to allow cycle-based tactical allocations along the yield curve, which are specific to prevailing market conditions, with the aim to achieve risk adjusted performance returns in excess of money market yields or traditional yield depending on the interest rate cycle. Securities to be included in the fund will be assets in liquid form, interest bearing securities, other non-equity securities acquired on the exchanges (as legislation permits), equity securities-as per the ASISA SA Multi Assets Income category limits , and any other income bearing instrument and securities that the Act may from time to time allow and which are considered consistent with the portfolio's primary objective and allowed by regulations as may change from time to time, listed and unlisted instruments, all to be acquired at fair market prices....Read more
 
Management  
 
James Turp (B.Econ, SAIFM)
James Turp is the Head of Fixed Income as well as a Portfolio Manager. Responsible for money market, cash plus, income funds, multi asset income funds, inflation linked and bond mandates. He has over 28 years of financial market and investment experience, managing and trading fixed income and currency portfolios. Asset management, Bank as well as parastatal corporate treasury experience.
 
Fees and Costs - Class A
 
Initial Fee0.00%
Advisor Initial Feen/a
Annual Management Fee0.69%
Performance Fee-
Advisor Annual Feen/a
Trailer Fee-
Exit Fee-
TER (31/03)0.72%
TER Performance Fee0.00%
Transaction Costs Ratio0.02%
Total TER0.74%
 
Distribution - Class A
DeclaredPayAmountClassCurrency
31 Mar 20251 Apr 20252.257AZARc
31 Dec 20242 Jan 20252.438AZARc
30 Sep 20241 Oct 20242.441AZARc
30 Jun 20241 Jul 20242.025AZARc
31 Mar 20243 Apr 20240.521AZARc
20 Mar 202422 Mar 20242.190AZARc
31 Dec 20232 Jan 20242.323AZARc
30 Sep 20232 Oct 20232.315AZARc
30 Jun 20233 Jul 20232.092AZARc
31 Mar 20234 Apr 20232.004AZARc
 
Statutory Data
 
Management CompanySanlam Collective Investments
Registration Number1967/002865/07
Directors-
Trustee-
AuditorsErnst & Young Inc. and KPMG Inc.
Sponsors-
Advisors-
Physical AddressSanlam Head Office 2 Strand Road Bellville 7530
Postal AddressPO Box 1 Sanlamhof 7532
Telephone021-947-9111
Tollfree-
Fax021-947-9111
Email-
Websitehttp://https://www.sanlam.co.za