Marriott Fund Research Tool


Technical Details

Formation Date (A)	31 Mar 2005
Fund Size (ZAR)	3 686 276 098
Domicile	South Africa
Reporting Currency	ZAR
JSE Code (A)	INXA
ISIN (A)	ZAE000065363
Pricing	Daily
Number of unitholders	3700
ASISA Category	SA-Equity-SA General
Benchmark	FTSE/JSE SWIX CAPI
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	Grant Irvine-Smith, Terry Seaward
Minimum Investment	R10 000
Minimum Top-Up	-
Minimum Monthly	R500
Risk Rating	Medium-High


Technical Details

Formation Date (A)	31 Mar 2005
Fund Size (ZAR)	3 686 276 098
Domicile	South Africa
Reporting Currency	ZAR
JSE Code (A)	INXA
ISIN (A)	ZAE000065363
Pricing	Daily
Number of unitholders	3700
ASISA Category	SA-Equity-SA General
Benchmark	FTSE/JSE SWIX CAPI
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	Grant Irvine-Smith, Terry Seaward
Minimum Investment	R10 000
Minimum Top-Up	-
Minimum Monthly	R500
Risk Rating	Medium-High

Fund Objective

The Ninety One Active Quants Fund aims to provide investors with capital growth over the long term. Its objective is to achieve returns well in excess of the benchmark, measured over three year periods. The fund invests in a wide range of South African equities. The investment team uses Ninety One's proprietary research platform, which focuses on three sector groupings: resources, industrials and financials. Fundamental research is complimented by a quantitative stock selection model. This proprietary model forecasts equity returns and differentiates prospective stock winners from losers. The basic philosophy behind the quantitative model is to buy stocks that show value relative to long-term fundamentals, are benefiting from improving medium-term sentiment and are oversold in the short term....Read more

Fund Objective

The Ninety One Active Quants Fund aims to provide investors with capital growth over the long term. Its objective is to achieve returns well in excess of the benchmark, measured over three year periods. The fund invests in a wide range of South African equities. The investment team uses Ninety One's proprietary research platform, which focuses on three sector groupings: resources, industrials and financials. Fundamental research is complimented by a quantitative stock selection model. This proprietary model forecasts equity returns and differentiates prospective stock winners from losers. The basic philosophy behind the quantitative model is to buy stocks that show value relative to long-term fundamentals, are benefiting from improving medium-term sentiment and are oversold in the short term....Read more


Management

Grant Irvine-Smith (BSc Eng (Civil), MBA, CFA) Grant is a quantitative specialist within Ninety One’s 4Factor team. He is responsible for leading the factor research and quantitative development for the 4Factor models and universe screening tools applicable across all 4Factor strategies. Grant joined the firm in 2000, having previously worked in the engineering industry. He graduated as a Gold Medalist from the University of Cape Town with a Master of Business Administration degree in 1999 and holds a Bachelor of Science degree in Civil Engineering from the University of the Witwatersrand. Grant is a CFA Charterholder. Terry Seaward Terry is a portfolio manager responsible for Active Quants long only and hedge portfolios within Ninety One's 4Factor EquityTM team. His previous roles include quantitative analyst and investment risk manager. He joined the firm in 2011 having previously worked in the investment and management consulting industries. He holds a Masters in Mathematical Finance and a Master of Business Administration from the University of Cape Town, as well as a Bachelor of Science Honours degree in Mechanical Engineering (cum laude) from the University of Natal, Durban.


Management

Grant Irvine-Smith (BSc Eng (Civil), MBA, CFA) Grant is a quantitative specialist within Ninety One’s 4Factor team. He is responsible for leading the factor research and quantitative development for the 4Factor models and universe screening tools applicable across all 4Factor strategies. Grant joined the firm in 2000, having previously worked in the engineering industry. He graduated as a Gold Medalist from the University of Cape Town with a Master of Business Administration degree in 1999 and holds a Bachelor of Science degree in Civil Engineering from the University of the Witwatersrand. Grant is a CFA Charterholder. Terry Seaward Terry is a portfolio manager responsible for Active Quants long only and hedge portfolios within Ninety One's 4Factor EquityTM team. His previous roles include quantitative analyst and investment risk manager. He joined the firm in 2011 having previously worked in the investment and management consulting industries. He holds a Masters in Mathematical Finance and a Master of Business Administration from the University of Cape Town, as well as a Bachelor of Science Honours degree in Mechanical Engineering (cum laude) from the University of Natal, Durban.


Fees and Costs - Class A

Initial Fee	0.00%
Advisor Initial Fee	n/a
Annual Management Fee	0.98%
Performance Fee	-
Advisor Annual Fee	n/a
Trailer Fee	-
Exit Fee	-
TER (31/03)	1.03%
TER Performance Fee	0.03%
Transaction Costs Ratio	0.30%
Total TER	1.33%


Fees and Costs - Class A

Initial Fee	0.00%
Advisor Initial Fee	n/a
Annual Management Fee	0.98%
Performance Fee	-
Advisor Annual Fee	n/a
Trailer Fee	-
Exit Fee	-
TER (31/03)	1.03%
TER Performance Fee	0.03%
Transaction Costs Ratio	0.30%
Total TER	1.33%


Statutory Data

Management Company	Ninety One Fund Managers SA (RF) (Pty) Ltd.
Registration Number	1987/004390/07
Directors	Noluthando Gosa, John C Green, Thabo Khojane
Trustee	FirstRand Bank Ltd.
Auditors	KPMG South Africa
Sponsors	-
Advisors	Ninety One SA (Pty) Ltd.
Physical Address	36 Hans Strijdom Avenue Foreshore Cape Town 8001
Postal Address	PO Box 1655 Cape Town 8000
Telephone	0860-500-900
Tollfree	-
Fax	021-901-1000
Email	clientservice@ninetyone.com
Website	http://https://ninetyone.com/en/south-africa


Statutory Data

Management Company	Ninety One Fund Managers SA (RF) (Pty) Ltd.
Registration Number	1987/004390/07
Directors	Noluthando Gosa, John C Green, Thabo Khojane
Trustee	FirstRand Bank Ltd.
Auditors	KPMG South Africa
Sponsors	-
Advisors	Ninety One SA (Pty) Ltd.
Physical Address	36 Hans Strijdom Avenue Foreshore Cape Town 8001
Postal Address	PO Box 1655 Cape Town 8000
Telephone	0860-500-900
Tollfree	-
Fax	021-901-1000
Email	clientservice@ninetyone.com
Website	http://https://ninetyone.com/en/south-africa

Your Email Address
Recipient's Email Address
Message for Recipient	Attached is a PDF from Marriott.