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Ninety One Commodity Fund  |  South African-Equity-Resource
47.5500    +1.1626    (+2.506%)
NAV price (ZAR) Wed 2 Jul 2025 (change prev day)


 
Technical Details  
 

Formation Date (R)

31 Jan 1995

Fund Size (ZAR)

914 145 155

Domicile

South Africa

Reporting Currency

ZAR

JSE Code (R)

INVC

ISIN (R)

ZAE000020285

Pricing

Daily

Number of unitholders

994

ASISA Category

SA-Equity-Resource

Benchmark

JSE Resources 10

Income Distributions

31/03,30/09

Income Payment

15/04,15/10

Trustee

FirstRand Bank Ltd.

Management Company

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

Fund Management

Daniel Sacks

Minimum Investment

R10 000

Minimum Top-Up

-

Minimum Monthly

R500

Risk Rating

High

 
Fund Objective  
 
The Ninety One Commodity Fund aims to grow capital over the long term. The objective is to achieve returns well in excess of the benchmark, measured over three year periods. The fund invests in listed companies that are involved in mining, minerals, energy, natural resources and other commodities. The fund aims to take advantage of changing commodity cycles by investing in a range of resources such as gold, platinum, iron, steel, coal, oil and pulp. The investment team uses Ninety One's proprietary research platform. The fund favours equities that have a history of value creation, demonstrate strong and improving operating performance, are attractively valued relative to this performance and are increasingly drawing investors' attention....Read more
 
Management  
 
Daniel Sacks (BSc (Hons), CFA)
Daniel is a portfolio manager at Ninety One and a member of the SA Equities & Multi-Asset team. He has portfolio management responsibility for the South African Resources Strategy as well as the Small Cap Strategy and is responsible for the analysis of South African precious metals shares. He joined the firm in September 1997 as a portfolio administrator, before moving to the research department in 1999 as an investment analyst in the resources sector. Daniel graduated from the University of Cape Town with a Bachelor of Business Science (Hons) degree in Economics and is a CFA Charterholder.
 
Fees and Costs - Class R
 
Initial Fee0.00%
Advisor Initial Feen/a
Annual Management Fee1.15%
Performance Fee-
Advisor Annual Feen/a
Trailer Fee-
Exit Fee-
TER (31/03)1.17%
TER Performance Fee0.00%
Transaction Costs Ratio0.36%
Total TER1.53%
 
Distribution - Class R
DeclaredPayAmountClassCurrency
31 Mar 20252 Apr 202548.940RZARc
30 Sep 20242 Oct 202437.800RZARc
31 Mar 20243 Apr 202442.420RZARc
30 Sep 20233 Oct 2023131.240RZARc
31 Mar 20234 Apr 202367.480RZARc
30 Sep 20224 Oct 2022315.370RZARc
31 Mar 20224 Apr 202278.280RZARc
30 Sep 20214 Oct 2021202.100RZARc
31 Mar 20216 Apr 202164.310RZARc
30 Sep 20202 Oct 202041.140RZARc
 
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