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Ninety One Global Managed Income Feeder Fund  |  Global-Multi Asset-Low Equity
2.4714    -0.0081    (-0.327%)
NAV price (ZAR) Wed 2 Jul 2025 (change prev day)


 
Technical Details  
 

Formation Date (A)

1 Mar 2002

Fund Size (ZAR)

1 966 541 223

Domicile

South Africa

Reporting Currency

ZAR

JSE Code (A)

INGO

ISIN (A)

ZAE000037396

Pricing

Daily

Number of unitholders

235

ASISA Category

Gbl-Multi Asset-Low Equity

Benchmark

LIBOR USD Overnight Rate (ZAR)

Income Distributions

31/03,30/09

Income Payment

02/04,02/10

Trustee

FirstRand Bank Ltd.

Management Company

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

Fund Management

Jason Borbora-Sheen, John Stopford

Minimum Investment

R10 000

Minimum Top-Up

-

Minimum Monthly

R500

Risk Rating

Medium-High

 
Fund Objective  
 
The Ninety One Global Managed Income Feeder Fund aims to provide income with the opportunity for long term capital growth. The portfolio is a feeder fund which invests in the Ninety One Global Managed Income Fund under the Ninety One Global Strategy Fund umbrella scheme domiciled in Luxembourg.

The underlying fund will invest primarily in a diversified portfolio of fixed interest instruments, equities and portfolio of fixed instruments, equities and derivatives, the underlying assets of which are fixed interest instruments and equities.

The feeder fund consists solely of participatory interests in the underlying fund and other securities (including financial instruments and assets in liquid form) as allowed by the Act....Read more
 
Management  
 
Jason Borbora-Sheen
Jason is a portfolio manager in the Multi-Asset team at Ninety One. He is co-portfolio manager of the Multi-Asset Income strategies and his research responsibilities include equities. He joined the firm in 2015 to work on the income strategy as an analyst with responsibility for its equity exposure. Prior to this he worked for Pan Asset Capital Management as an assistant fund manager on multi-asset portfolios. Previously, Jason worked for BlackRock as an analyst. Jason studied Law at Oxford University. He holds an Investment Management Certificate and is a CFA charterholder.

John Stopford (MA (Hons), CFA)
John is Head of Multi-Asset Income at Ninety One. He is co-portfolio manager of the Multi-Asset Income strategies and has macro focussed research responsibilities.. During his time at the firm John has held senior positions as Co-Head of Fixed Income & Currency, having previously been responsible for the management of our South African fixed income assets from 1998 to 2004. John joined Guinness Flight in 1993, which was later acquired by our firm, and took responsibility for investments in emerging bond and currency markets. Prior to this, he worked in London and Tokyo as a specialist global bond and currency portfolio manager for Mitsui Trust Asset Management. John graduated from the University of Oxford with an honours degree in Chemistry in 1990 and he is a CFA Charterholder.
 
Fees and Costs - Class A
 
Initial Fee0.00%
Advisor Initial Feen/a
Annual Management Fee1.73%
Performance Fee-
Advisor Annual Feen/a
Trailer Fee-
Exit Fee-
TER (31/03)1.75%
TER Performance Fee0.00%
Transaction Costs Ratio0.09%
Total TER1.84%
 
Distribution - Class A
DeclaredPayAmountClassCurrency
31 Mar 20252 Apr 20250.000AZARc
30 Sep 20242 Oct 20240.000AZARc
31 Mar 20243 Apr 20240.000AZARc
30 Sep 20233 Oct 20230.000AZARc
31 Mar 20234 Apr 20230.000AZARc
30 Sep 20224 Oct 20220.000AZARc
31 Mar 20224 Apr 20220.000AZARc
30 Sep 20214 Oct 20210.000AZARc
31 Mar 20216 Apr 20210.000AZARc
30 Sep 20202 Oct 20200.000AZARc
 
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