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Standard Bank Namibia Flexible Property Income Fund  |  Regional-Namibian-Unclassified
1.4985    -0.0042    (-0.279%)
NAV price (ZAR) Mon 30 Jun 2025 (change prev day)


 
Technical Details  
 

Formation Date (A)

30 Dec 2005

Fund Size (NAD)

51 574 696

Domicile

-

Reporting Currency

NAD

JSE Code (A)

SNFA

ISIN (A)

ZAE000076469

Pricing

Daily

Number of unitholders

0

ASISA Category

Regional-Namibian-Unclassified

Benchmark

50% SAPY, 50% STeFI

Income Distributions

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

Income Payment

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

Trustee

0

Management Company

Standard Bank Namibia Unit Trust ManagementCo Ltd.

Fund Management

Keillen Ndlovu

Minimum Investment

R2 000

Minimum Top-Up

N$2 000

Minimum Monthly

R200

Risk Rating

Low-Medium

 
Fund Objective  
 
The Standard Bank Namibia Flexible Property Income Fund is a specialist fund which seeks to provide capital growth and an income source for investors through investment in Namibian and South African listed property shares, debentures, debenture stocks and debenture bonds. The Fund is required to hold a minimum of 30% and maximum of 60% in fixed interest securities. Furthermore the fund must have a minimum of 40% and maximum of 70% exposure to shares in listed property companies at the discretion of the portfolio manager. The portfolio aims to produce a reasonably high, sustainable and growing level of income for investors with the possibility of capital growth over the medium and longer term....Read more
 
Management  
 
Keillen Ndlovu (BCom (Hons), CAIB (SA), Property Development)
Keillen began his property fund management career at Standard Bank Properties in 2004 managing its leveraged listed property product. He became a listed property analyst at Stanlib in 2005 and now also co-manages the Stanlib Aggressive Income Fund.
 
Fees and Costs - Class A
 
Initial Fee5.00%
Advisor Initial Feen/a
Annual Management Fee1.725%
Performance Fee-
Advisor Annual Feen/a
Trailer Fee-
Exit Fee-
TER (31/03)2.62%
TER Performance Fee0.00%
Transaction Costs Ratio0.11%
Total TER2.73%
 
Distribution - Class A
DeclaredPayAmountClassCurrency
31 Mar 20251 Apr 20250.000AZARc
31 Dec 20242 Jan 20250.778AZARc
30 Sep 20241 Oct 20240.000AZARc
30 Jun 20241 Jul 20242.120AZARc
31 Mar 20242 Apr 20243.120AZARc
31 Dec 20232 Jan 20241.110AZARc
30 Sep 20232 Oct 20230.920AZARc
30 Jun 20233 Jul 20232.070AZARc
31 Mar 20233 Apr 20230.490AZARc
31 Dec 20223 Jan 20232.120AZARc
 
Statutory Data
 
Management CompanyStandard Bank Namibia Unit Trust ManagementCo Ltd.
Registration Number-
Directors-
Trustee-
AuditorsPricewaterhouseCoopers
Sponsors-
Advisors-
Physical Address5th floor, Standard Bank Centre Cnr Post Street Mall & Werner List Windhoek, Namibia
Postal AddressPO Box 3327 Windhoek Namibia
Telephone+264-61-294-9111
Tollfree-
Fax+264 61 294 2583
Email-
Websitehttp://www.standardbank.com.na