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Ninety One Diversified Income Fund  |  South African-Multi Asset-Income
Reg Compliant
1.2064    +0.0013    (+0.108%)
NAV price (ZAR) Wed 2 Jul 2025 (change prev day)


 
Technical Details  
 

Formation Date (A)

30 Sep 2008

Fund Size (ZAR)

30 823 141 468

Domicile

South Africa

Reporting Currency

ZAR

JSE Code (A)

IDICA

ISIN (A)

ZAE000140505

Pricing

Daily

Number of unitholders

225

ASISA Category

SA-Multi Asset-Income

Benchmark

STeFI Composite

Income Distributions

31/03,30/06,30/09,31/12

Income Payment

02/04,02/07,02/10,02/01

Trustee

FirstRand Bank Ltd.

Management Company

Ninety One Fund Managers SA (RF) (Pty) Ltd.

Fund Management

Malcolm Charles, Peter Kent

Minimum Investment

R10 000

Minimum Top-Up

-

Minimum Monthly

R500

Risk Rating

Low-Medium

 
Fund Objective  
 
The Ninety One Diversified Income Fund is a fixed Interest portfolio. The investment objective of the fund is to provide Investors with a high level of Income while seeking opportunities to maximise capital growth. The portfolio will achieve this objective by Investing in a diversified range of fixed income instruments. The manager will be permitted to invest in offshore investments as legislation permits. Majority of the time, the Ninety One Diversified Income Fund will have a property allocation of more than 5% and equal to or less than 25%.
 
Management  
 
Malcolm Charles (B Com (Acc), (Bus Admin) (Commercial Law))
Malcolm is a portfolio manager in the South African Rates team, with responsibility for a range of fixed income portfolios, including the Flexible Bond, Dynamic Bond and Diversified Income strategies as well as the Fixed Income hedge fund. Prior to joining the firm in 2001, he worked for African Harvest Fund Managers and Old Mutual Asset Managers, as both a fixed interest trader and portfolio manager. Malcolm graduated from Rhodes University with a Bachelor of Commerce degree in Accounting, Business Administration and Commercial Law.

Peter Kent (B comm (Hons), MSc, CA (SA), CFA)
Peter is a Co-Head of SA & Africa Fixed Income and is a portfolio manager in the South African Rates team at Ninety One. He has responsibility for a range of fixed income portfolios, including the Flexible Bond and Diversified Income strategies, complementing the team with his global macro experience. Prior to joining the firm, he spent eight years as an interest rate derivative trader at Goldman Sachs in London, with responsibility for managing European swap flow and prop books. Peter holds a Bachelor of Commerce (Hons) from the University of Cape Town, and a Master of Science degree in Finance from the London Business School. He is also a Chartered Accountant (SA) and a CFA Charterholder.
 
Fees and Costs - Class A
 
Initial Fee0.00%
Advisor Initial Feen/a
Annual Management Fee0.98%
Performance Fee-
Advisor Annual Feen/a
Trailer Fee-
Exit Fee-
TER (31/03)0.99%
TER Performance Fee0.00%
Transaction Costs Ratio0.02%
Total TER1.01%
 
Distribution - Class A
DeclaredPayAmountClassCurrency
30 Jun 20252 Jul 20252.320AZARc
31 Mar 20252 Apr 20252.340AZARc
31 Dec 20243 Jan 20252.580AZARc
30 Sep 20242 Oct 20242.530AZARc
30 Jun 20242 Jul 20242.550AZARc
31 Mar 20243 Apr 20242.320AZARc
31 Dec 20233 Jan 20242.610AZARc
30 Sep 20233 Oct 20232.550AZARc
30 Jun 20234 Jul 20232.540AZARc
31 Mar 20234 Apr 20232.270AZARc
 
Statutory Data
 
Management CompanyNinety One Fund Managers SA (RF) (Pty) Ltd.
Registration Number1987/004390/07
DirectorsNoluthando Gosa, John C Green, Thabo Khojane
TrusteeFirstRand Bank Ltd.
AuditorsKPMG South Africa
Sponsors-
AdvisorsNinety One SA (Pty) Ltd.
Physical Address36 Hans Strijdom Avenue Foreshore Cape Town 8001
Postal AddressPO Box 1655 Cape Town 8000
Telephone0860-500-900
Tollfree-
Fax021-901-1000
Emailclientservice@ninetyone.com
Websitehttp://https://ninetyone.com/en/south-africa