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1.2255
+0.0051
(+0.418%)
NAV price (ZAR) Mon 30 Jun 2025 (change prev day)
Fund Performance
| Period Return %Growth of R1 000 |
 |
| * Not annualised |
| Period Return %Growth of R1 000 |
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| * Not annualised |
Key Facts and Fund Objective
| Key Facts |
| Formation Date | 29 Nov 2019 |
| Fund Size (ZAR) | 73 801 685 |
| Latest Price | 122.55 |
| PlexCrowns | |
| Total Expense Ratio (31/12) | 0.62% |
| Minimum Investment | - |
| TTM Distribution Yield | 6.10% |
| Key Facts |
| Formation Date | 29 Nov 2019 |
| Fund Size (ZAR) | 73 801 685 |
| Latest Price | 122.55 |
| PlexCrowns | |
| Total Expense Ratio (31/12) | 0.62% |
| Minimum Investment | - |
| TTM Distribution Yield | 6.10% |
| Fund Objective |
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The Mianzo CPI + 3% ACI Fund primary objective will aim to outperform CPI + 3% over a three year rolling period, without taking excessive risk. In order to achieve the objective the portfolio will seek opportunities to maximise returns through investing in a diversified range of equities, bonds, money market, property markets and listed and unlisted financial instruments as determined by the Registrar from time to time.
The Fund will employ conservative to moderate asset allocation and derivative hedging will in instances be used to manage and reduce downside risk....Read more
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| Fund Objective |
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The Mianzo CPI + 3% ACI Fund primary objective will aim to outperform CPI + 3% over a three year rolling period, without taking excessive risk. In order to achieve the objective the portfolio will seek opportunities to maximise returns through investing in a diversified range of equities, bonds, money market, property markets and listed and unlisted financial instruments as determined by the Registrar from time to time.
The Fund will employ conservative to moderate asset allocation and derivative hedging will in instances be used to manage and reduce downside risk. The Fund seeks capital protection and moderate income growth. The maximum effective exposure to equity will be 40% and the maximum effective exposure to property will be 25% of the market value of the portfolio. The portfolio will predominately invest in South African markets but is however permitted to include investments in offshore jurisdictions subject to the investment conditions by legislations from time to time. The fund will be subject to the Prudential Investment Guidelines for South African Retirement Funds, being Regulation 28 of the Pension Funds Act, or such other legislation published from time to time. The fund may apart from assets in liquid form also include participatory interests or any other form of participation in portfolios of collective investment schemes or other similar schemes. Where the aforementioned schemes are operated in territories other than in South Africa, participatory interests or any other form of participation in these schemes will be included in the portfolio only where the regulatory environment is to the satisfaction of the manager and trustee and is of a sufficient standard to provide investor protection at least equivalent to that in South Africa. Nothing in the supplemental deed shall preclude the manager from varying the ratios of securities, to maximise capital growth and investment potential in changing economic environments or market conditions or to meet the requirements, if applicable, of any exchange formally recognised in terms of legislation and from retaining cash or placing cash on deposit in terms of the Deed and any Supplemental Deeds thereto; provided that the manager shall ensure that the aggregate value of the assets comprising the portfolio shall consist of securities of the aggregate value required from time to time by the Act.
The Trustee shall ensure that the investment policy set out in this supplemental deed, the Deed and in all Supplemental Deeds thereto is carried out. For the purpose of this portfolio, the manager in consultation with the Investment Manager shall reserve the right to close the portfolio to new investors on a date determined by the manager. This will be done in order to be able to manage the portfolio in accordance with its mandate. The manager may, once a portfolio has been closed, open that portfolio again to new investors on a date determined by the manager.
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| Fund Objective |
|
The Mianzo CPI + 3% ACI Fund primary objective will aim to outperform CPI + 3% over a three year rolling period, without taking excessive risk. In order to achieve the objective the portfolio will seek opportunities to maximise returns through investing in a diversified range of equities, bonds, money market, property markets and listed and unlisted financial instruments as determined by the Registrar from time to time.
The Fund will employ conservative to moderate asset allocation and derivative hedging will in instances be used to manage and reduce downside risk....Read more
|
|
| Fund Objective |
|
The Mianzo CPI + 3% ACI Fund primary objective will aim to outperform CPI + 3% over a three year rolling period, without taking excessive risk. In order to achieve the objective the portfolio will seek opportunities to maximise returns through investing in a diversified range of equities, bonds, money market, property markets and listed and unlisted financial instruments as determined by the Registrar from time to time.
The Fund will employ conservative to moderate asset allocation and derivative hedging will in instances be used to manage and reduce downside risk. The Fund seeks capital protection and moderate income growth. The maximum effective exposure to equity will be 40% and the maximum effective exposure to property will be 25% of the market value of the portfolio. The portfolio will predominately invest in South African markets but is however permitted to include investments in offshore jurisdictions subject to the investment conditions by legislations from time to time. The fund will be subject to the Prudential Investment Guidelines for South African Retirement Funds, being Regulation 28 of the Pension Funds Act, or such other legislation published from time to time. The fund may apart from assets in liquid form also include participatory interests or any other form of participation in portfolios of collective investment schemes or other similar schemes. Where the aforementioned schemes are operated in territories other than in South Africa, participatory interests or any other form of participation in these schemes will be included in the portfolio only where the regulatory environment is to the satisfaction of the manager and trustee and is of a sufficient standard to provide investor protection at least equivalent to that in South Africa. Nothing in the supplemental deed shall preclude the manager from varying the ratios of securities, to maximise capital growth and investment potential in changing economic environments or market conditions or to meet the requirements, if applicable, of any exchange formally recognised in terms of legislation and from retaining cash or placing cash on deposit in terms of the Deed and any Supplemental Deeds thereto; provided that the manager shall ensure that the aggregate value of the assets comprising the portfolio shall consist of securities of the aggregate value required from time to time by the Act.
The Trustee shall ensure that the investment policy set out in this supplemental deed, the Deed and in all Supplemental Deeds thereto is carried out. For the purpose of this portfolio, the manager in consultation with the Investment Manager shall reserve the right to close the portfolio to new investors on a date determined by the manager. This will be done in order to be able to manage the portfolio in accordance with its mandate. The manager may, once a portfolio has been closed, open that portfolio again to new investors on a date determined by the manager.
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