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Saffron BCI Active Bond Fund  |  South African-Interest Bearing-Variable Term
1.4913    +0.0026    (+0.175%)
NAV price (ZAR) Fri 4 Oct 2024 (change prev day)


 
Technical Details  
 

Formation Date (A)

3 Jul 2012

Fund Size (ZAR)

799 050 136

Domicile

South Africa

Reporting Currency

ZAR

JSE Code (A)

MSIL

ISIN (A)

ZAE000168241

Pricing

Daily

Number of unitholders

1

ASISA Category

SA-Interest Bearing-Variable Term

Benchmark

JSE All Bond Index (ALBI)

Income Distributions

30/06,31/12

Income Payment

03/07,02/01

Trustee

The Standard Bank of South Africa

Management Company

Boutique Collective Investments (RF) (Pty) Ltd.

Fund Management

Anina Swiegers, Brandon Quinn

Minimum Investment

R0

Minimum Top-Up

-

Minimum Monthly

no minimum

Risk Rating

Low-Medium

 
Fund Objective  
 
It may include other interest bearing securities, money market instruments, preference shares, property shares and property related securities, non-equity securities and assets in liquid form. The manager may from time to time invest in participatory interests in portfolios of collective investment schemes registered in the Republic of South Africa and which are consistent with the portfolio's primary objective. For efficient portfolio management purposes, the Manager may invest in financial instruments (listed and unlisted) allowed by the Act in order to achieve its investment objective. In selecting securities for this portfolio, the Manager shall seek to secure a stable real capital growth in excess of the ruling inflation rate....Read more
 
Management  
 
Brandon Quinn
Brandon has 17 years investment experience. He started his finance career at NBS Bank where he established and developed the market research and planning function. Brandon then moved to BoE Bank Treasury, where he initially focused on forex exchange trading and interest rate and currency arbitrage. Thereafter, he managed the market risk of BoE Treasury, BoE Stock Brokers and BoE Hedge Funds while completing his CFA. He was Global Treasurer of Seaboard Overseas Limited, a NYSE-listed multi-national commodity-trading company before joining Metropolitan Asset Managers. At Metropolitan, he headed up the Hybrid & Structured Investments unit which specialised in Liability Driven Investments, sovereign, corporate and inflation-linked bond structuring, interest rate and equity-derivative structuring. Brandon was the chairman of the Alternative Strategies Investment Committee and managed an enhanced income fund focusing on alternative asset application and multi-strategy fund management. In early 2012, Brandon, Deon van Zyl and a group of investors founded Saffron Wealth. Brandon is the lead manager on the Saffron Opportunity Income Fund which won the 2014 Raging Bull Award for the Best South African multi-asset income fund on a risk-adjusted basis.

Anina Swiegers
 
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 (30/06)1.37%
TER Performance Fee0.00%
Transaction Costs Ratio0.02%
Total TER1.39%
 
Distribution - Class A
DeclaredPayAmountClassCurrency
30 Sep 20242 Oct 20242.238AZARc
30 Jun 20242 Jul 20242.249AZARc
31 Mar 20243 Apr 20242.405AZARc
31 Dec 20233 Jan 20242.391AZARc
30 Sep 20233 Oct 20232.414AZARc
30 Jun 20234 Jul 20232.549AZARc
31 Mar 20234 Apr 20232.397AZARc
31 Dec 20224 Jan 20232.220AZARc
30 Sep 20224 Oct 20221.870AZARc
30 Jun 20224 Jul 20221.241AZARc
 
Statutory Data
 
Management CompanyBoutique Collective Investments (RF) (Pty) Ltd.
Registration Number2003/024082/071
DirectorsD Gill, D D Roodt, H Weidhase
TrusteeThe Standard Bank of South Africa
AuditorsPricewaterhouseCoopers Inc
Sponsors-
Advisors-
Physical Address81 Dely Street Hazelwood Pretoria 0081
Postal Address81 Dely Street Hazelwood Pretoria 0
Telephone021-007-1500
Tollfree-
Fax086-502-5319
Emailclientservices@bcis.co.za
Websitehttp://www.bcis.co.za