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Ninety One Gilt Fund  |  South African-Interest Bearing-Variable Term
Reg Compliant
2.0454    +0.0155    (+0.764%)
NAV price (ZAR) Wed 2 Jul 2025 (change prev day)


 
Technical Details  
 

Formation Date (A)

30 Jun 2000

Fund Size (ZAR)

11 331 606 534

Domicile

South Africa

Reporting Currency

ZAR

JSE Code (A)

INAG

ISIN (A)

ZAE000024188

Pricing

Daily

Number of unitholders

658

ASISA Category

SA-Interest Bearing-Variable Term

Benchmark

FTSE/JSE All Bond Index (ALBI)

Income Distributions

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

Income Payment

15/04,15/07,15/10,15/01

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

Medium

 
Fund Objective  
 
The Ninety One Gilt Fund aims to maximise income and capital growth. The fund targets returns in excess of the benchmark, measured over three year periods.

The fund offers exposure primarily to the South African bond market but invests in other South African fixed-income assets in order to improve potential returns and increase diversification. Assets include municipal and public corporation bonds, fixed deposits and money market instruments. Non-government bond exposure is currently limited to 25%. The fund is actively managed and performance is achieved by identifying investment opportunities across the interest rate spectrum....Read more
 
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 Fee1.15%
Performance Fee-
Advisor Annual Feen/a
Trailer Fee-
Exit Fee-
TER (31/03)1.16%
TER Performance Fee0.00%
Transaction Costs Ratio0.00%
Total TER1.16%
 
Distribution - Class A
DeclaredPayAmountClassCurrency
30 Jun 20252 Jul 20254.520AZARc
31 Mar 20252 Apr 20254.550AZARc
31 Dec 20243 Jan 20254.580AZARc
30 Sep 20242 Oct 20244.510AZARc
30 Jun 20242 Jul 20244.330AZARc
31 Mar 20243 Apr 20244.190AZARc
31 Dec 20233 Jan 20244.110AZARc
30 Sep 20233 Oct 20234.180AZARc
30 Jun 20234 Jul 20234.140AZARc
31 Mar 20234 Apr 20234.040AZARc
 
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