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-0.54  /  -0.01%

10144.08

NAV on 2019/09/18
NAV on 2019/09/17 10144.62
52 week high on 2019/06/12 10240.3
52 week low on 2019/03/04 10000
Total Expense Ratio on 2019/06/30 0.51
Total Expense Ratio (performance fee) on 2019/06/30 0
NAV Incl Dividends
1 month change 0.44% 0.44%
3 month change -0.77% 1.21%
6 month change 1.22% 3.24%
1 year change 0% 0%
5 year change 0% 0%
10 year change 0% 0%
Price data is updated once a day.
  • Sectoral allocations
Basic Materials 4.66 1.53%
Consumer Goods 1.86 0.61%
Consumer Services 1.72 0.56%
Financials 20.58 6.77%
Fixed Interest 166.89 54.90%
Gilts 43.03 14.16%
Health Care 0.39 0.13%
Industrials 0.63 0.21%
Liquid Assets 30.66 10.09%
Technology 0.97 0.32%
Telecommunications 0.97 0.32%
Offshore 31.61 10.40%
  • Top five holdings
U-NICORMM 55.85 18.37%
U-NEDMMR 55.56 18.28%
U-PRMONED 55.49 18.25%
B4KZ8V9BR 26.72 8.79%
ISHARESDEVWRL 3.98 1.31%
  • Performance against peers
  • Fund data  
Management company:
10X Index Fund Managers (RF) Pty Ltd
Formation date:
2019/03/01
ISIN code:
ZAE000269346
Short name:
U-10XDEFE
Risk:
Unknown
Sector:
South African--Multi Asset--Income
Benchmark:
65.75% SteFI 3-Month; 7.125% FTSE/JSE GOVI; 7.125% FTSE/JSE IGOV; 5% 10X SA Equity Index; 5% 10X SA Property Index; 1.1215% MSCI World Index; 0.29% MSCI Emerging Markets Index; 8.5% USD/ZAR Rate
Contact details

Email
info@10x.co.za

Website
https://www.10x.co.za

Telephone
021-412-1010

  • Fund management  
10X Fund Managers


  • Fund manager's comment
No fund manager's comment available.
  • Fund focus and objective  
The 10X Defensive Index Fund shall be a multi-asset income portfolio. The primary investment objective of the 10X Defensive Index Fund is to track as closely as possible, the performance of the 10X Defensive Index, a published multi-asset income composite index that is diversified across a number of constituent indices, and calculated and published daily by a recognised index compiler. The 10X Defensive Index Fund in tracking the 10X Defensive Index shall maximise income and preserve capital with a moderate level of capital growth through a spectrum of investments in the equity, bond, money and property markets. The portfolio may also invest in assets in liquid form and listed and unlisted financial instruments subject to prevailing legislation, as amended from time to time. The asset composition of the 10X Defensive Index Fund shall comply with the limits provided in the regulations governing retirement fund investments to the extent allowed by the Act since the 10X Defensive Index rules require that the index complies with the aforementioned limits. The portfolio may also include participatory interests or any other form of participation in portfolios of collective investment schemes or other similar collective investment schemes as the Act may allow from time to time. Where the aforementioned schemes are operated in territories other than South Africa, participatory interests or any other form of participation in portfolios of these schemes will be included in the portfolio only where the regulatory environment is to the satisfaction of the manager and trustee of a sufficient standard to provide investor protection at least equivalent to that of South Africa. Nothing contained in this deed shall preclude the manager from varying the ratios of securities and instruments relative to each other to achieve the fund's objective, should changing economic factors or market conditions make this appropriate. Furthermore, nothing contained in this deed shall preclude the manager from retaining assets in liquid form in the portfolio and/or placing cash on deposit as appropriate. The manager will be permitted to invest on behalf of the fund in the offshore investments to the extent that legislation permits. The Trustee shall ensure that the investment policy set out in this Supplemental Deed is carried out by the manager. The manager reserves the right to close the fund to new investors to preserve the fund's ability to meet its objectives. The manager may, after the fund has been closed, open the fund again to new investors, at its sole discretion.
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