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SIM Top Choice Equity Fund  |  South African-Equity-SA General
55.8854    +0.8350    (+1.517%)
NAV price (ZAR) Mon 30 Jun 2025 (change prev day)


 
Technical Details  
 

Formation Date (A1)

18 Aug 2006

Fund Size (ZAR)

1 625 995 315

Domicile

South Africa

Reporting Currency

ZAR

JSE Code (A1)

STCA1

ISIN (A1)

ZAE000083317

Pricing

Daily

Number of unitholders

1296

ASISA Category

SA-Equity-SA General

Benchmark

97% FTSE/JSE SWIX; 3% STeFI

Income Distributions

30/06,31/12

Income Payment

-

Trustee

0

Management Company

Sanlam Collective Investments

Fund Management

Andrew Kingston, Dale Hutcheson

Minimum Investment

R5 000

Minimum Top-Up

-

Minimum Monthly

R200

Risk Rating

High

 
Fund Objective  
 
The objective of the fund is to deliver above average growth in capital over the medium to long-term. The portfolio reflects an aggressive risk profile and volatility of capital values can occur over the short-term. The fund is specifically suited for the more sophisticated client with a longer investment horizon and an appetite for higher volatility with resultant potentially higher returns.
 
Management  
 
Dale Hutcheson (BCom, Dip(Acc), HDip(Tax), CA(SA))
Dale Hutcheson joined Absa Asset Management on the 7th January 2008 as Industrial Analyst. After completing articles Dale left Deloitte & Touche in June 2002 to join Credit Suisse First Boston, which became Macquarie First South (MFS). Dale’s time at MFS was spent briefly as a financial manager, then as a HOLT specialist and lastly as an analyst. As a HOLT specialist Dale was involved in corporate consulting around financial performance measurement and consulting to the asset management community. As a HOLT specialist Dale also performed analysis and produced or contributed to fellow analyst research reports on the telecommunications, IT, electronics and engineering, platinum, gold, retail and food producer sectors. As an analyst at MFS Dale Hutcheson became a rated construction analyst while he also spent some time covering small caps and the hotel and leisure sectors. In November 2006 Dale joined Credit Suisse Standard Securities where he continued to cover the construction sector. Dale is a CA(SA) with a H(Dip) (Tax Law).

Andrew Kingston (B.Comm G.Dip Acc CA (SA) CFA)
Started at Liberty Asset Management (now Stanlib) as a junior equity analyst in June 1996. He left the company in January 1999. His responsibilities included analysing various industrial shares on the JSE (specialising on the consumer side) and he also worked as an assistant portfolio manager. Joined Gensec Asset Management (now Sanlam Investment Management) in January 1999 and have been researching industrial shares since. Areas of specialisation include: retail, construction, tobacco, luxury goods, transport and diversified industrials and telecoms.
 
Fees and Costs - Class A1
 
Initial Fee0.00%
Advisor Initial Feen/a
Annual Management Fee1.04%
Performance Fee
15% performance fee. Total fee capped at 2.24% p.a.
Advisor Annual Feen/a
Trailer Fee-
Exit Fee-
TER (31/03)1.15%
TER Performance Fee0.09%
Transaction Costs Ratio0.38%
Total TER1.53%
 
Distribution - Class A1
DeclaredPayAmountClassCurrency
31 Dec 20242 Jan 202543.898A1ZARc
30 Jun 20241 Jul 202476.356A1ZARc
31 Dec 20232 Jan 202467.964A1ZARc
30 Jun 20233 Jul 202354.342A1ZARc
31 Dec 20223 Jan 2023131.021A1ZARc
30 Jun 20221 Jul 202237.798A1ZARc
31 Dec 20213 Jan 202243.982A1ZARc
30 Jun 20211 Jul 202122.509A1ZARc
31 Dec 20204 Jan 20210.000A1ZARc
30 Jun 20201 Jul 202017.808A1ZARc
 
Statutory Data
 
Management CompanySanlam Collective Investments
Registration Number1967/002865/07
Directors-
Trustee-
AuditorsErnst & Young Inc. and KPMG Inc.
Sponsors-
Advisors-
Physical AddressSanlam Head Office 2 Strand Road Bellville 7530
Postal AddressPO Box 1 Sanlamhof 7532
Telephone021-947-9111
Tollfree-
Fax021-947-9111
Email-
Websitehttp://https://www.sanlam.co.za