Marriott Fund Research Tool


Technical Details

Formation Date (B1)	2 Jan 2007
Fund Size (ZAR)	3 185 888 027
Domicile	South Africa
Reporting Currency	ZAR
JSE Code (B1)	SPIFB1
ISIN (B1)	ZAE000088993
Pricing	Daily
Number of unitholders	31362
ASISA Category	SA-Real Estate-General
Benchmark	FTSE/JSE All Property Index (ALPI)
Income Distributions	31/03,30/06,30/09,31/12
Income Payment	15/04,15/07,15/10,15/01
Trustee	Standard Chartered Bank, Absa Bank Limited
Management Company	STANLIB Collective Investments (RF) (Pty) Ltd.
Fund Management	Ahmed Motara, Nesi Chetty, Nicolas Lyle
Minimum Investment	R5 000
Minimum Top-Up	-
Minimum Monthly	R500
Risk Rating	High


Technical Details

Formation Date (B1)	2 Jan 2007
Fund Size (ZAR)	3 185 888 027
Domicile	South Africa
Reporting Currency	ZAR
JSE Code (B1)	SPIFB1
ISIN (B1)	ZAE000088993
Pricing	Daily
Number of unitholders	31362
ASISA Category	SA-Real Estate-General
Benchmark	FTSE/JSE All Property Index (ALPI)
Income Distributions	31/03,30/06,30/09,31/12
Income Payment	15/04,15/07,15/10,15/01
Trustee	Standard Chartered Bank, Absa Bank Limited
Management Company	STANLIB Collective Investments (RF) (Pty) Ltd.
Fund Management	Ahmed Motara, Nesi Chetty, Nicolas Lyle
Minimum Investment	R5 000
Minimum Top-Up	-
Minimum Monthly	R500
Risk Rating	High

Fund Objective

The STANLIB Property Income Fund aims for the growth of capital and to provide an income source. Investments may consist of property shares, property loan stock, debentures, debenture stock and bonds, unsecured notes, property unit trusts and other listed securities considered consistent with the portfolio's objective. Liquidity may be increased to 50% if deemed necessary by the manager. Exposure to fixed-interest securities is limited to 30%. The portfolio may also invest in the participatory interests of collective investment schemes. This portfolio may not have any direct and/or indirect foreign exposure.

Fund Objective

The STANLIB Property Income Fund aims for the growth of capital and to provide an income source. Investments may consist of property shares, property loan stock, debentures, debenture stock and bonds, unsecured notes, property unit trusts and other listed securities considered consistent with the portfolio's objective. Liquidity may be increased to 50% if deemed necessary by the manager. Exposure to fixed-interest securities is limited to 30%. The portfolio may also invest in the participatory interests of collective investment schemes. This portfolio may not have any direct and/or indirect foreign exposure.


Management

Nesi Chetty (BCom (Hons) Finance Cum Laude, CFA) Nesi started his investments career with RMB in 2002 where he was a member of the consumer industrial team and also assumed non-consumer research responsibilities. Nesi was previous head of Financials at RMB Asset Managers, responsible for banks and life assurance. He also managed the award winning RMB Financials Fund. In 2010, He was appointed as a fund manager and Head of property for Momentum. He managed the flagship Momentum Property Fund for over a decade and was responsible for asset allocation, research, strategy, and fund management within the property investments business. Nesi is a regular commentator on property, equities and the broader financial market. Nesi Joined STANLIB in June 2019 to co manage local and global listed property. Nicolas Lyle Ahmed Motara


Management

Nesi Chetty (BCom (Hons) Finance Cum Laude, CFA) Nesi started his investments career with RMB in 2002 where he was a member of the consumer industrial team and also assumed non-consumer research responsibilities. Nesi was previous head of Financials at RMB Asset Managers, responsible for banks and life assurance. He also managed the award winning RMB Financials Fund. In 2010, He was appointed as a fund manager and Head of property for Momentum. He managed the flagship Momentum Property Fund for over a decade and was responsible for asset allocation, research, strategy, and fund management within the property investments business. Nesi is a regular commentator on property, equities and the broader financial market. Nesi Joined STANLIB in June 2019 to co manage local and global listed property. Nicolas Lyle Ahmed Motara


Fees and Costs - Class B1

Initial Fee	0.00%
Advisor Initial Fee	n/a
Annual Management Fee	1.15%
Performance Fee	-
Advisor Annual Fee	n/a
Trailer Fee	-
Exit Fee	-
TER (31/03)	1.16%
TER Performance Fee	0.00%
Transaction Costs Ratio	0.18%
Total TER	1.34%


Fees and Costs - Class B1

Initial Fee	0.00%
Advisor Initial Fee	n/a
Annual Management Fee	1.15%
Performance Fee	-
Advisor Annual Fee	n/a
Trailer Fee	-
Exit Fee	-
TER (31/03)	1.16%
TER Performance Fee	0.00%
Transaction Costs Ratio	0.18%
Total TER	1.34%


Statutory Data

Management Company	STANLIB Collective Investments (RF) (Pty) Ltd.
Registration Number	1969/003468/07
Directors	N Criticos, D T V Msibi, D C Munro, J M Parrat (Secretary), T Skweyiya, J H Sutcliffe (British citizen), H Walker (British citizen)
Trustee	Standard Chartered Bank, Absa Bank Limited
Auditors	PricewaterhouseCoopers
Sponsors	-
Advisors	STANLIB Asset Management (Pty) Ltd.
Physical Address	17 Melrose Boulevard Melrose Arch Melrose 2196
Postal Address	PO Box 202 Melrose Arch 2076
Telephone	011-448-6000
Tollfree	0860-123-003
Fax	0867-277-501
Email	StanlibFinancialReporting@stanlib.com
Website	http://www.stanlib.com


Statutory Data

Management Company	STANLIB Collective Investments (RF) (Pty) Ltd.
Registration Number	1969/003468/07
Directors	N Criticos, D T V Msibi, D C Munro, J M Parrat (Secretary), T Skweyiya, J H Sutcliffe (British citizen), H Walker (British citizen)
Trustee	Standard Chartered Bank, Absa Bank Limited
Auditors	PricewaterhouseCoopers
Sponsors	-
Advisors	STANLIB Asset Management (Pty) Ltd.
Physical Address	17 Melrose Boulevard Melrose Arch Melrose 2196
Postal Address	PO Box 202 Melrose Arch 2076
Telephone	011-448-6000
Tollfree	0860-123-003
Fax	0867-277-501
Email	StanlibFinancialReporting@stanlib.com
Website	http://www.stanlib.com

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