-0.12  /  -0.08%

158.86

NAV on 2020/10/30
NAV on 2020/10/29 158.98
52 week high on 2020/09/02 168.21
52 week low on 2020/03/17 98.71
Total Expense Ratio on 2020/06/30 1.75
Total Expense Ratio (performance fee) on 2020/06/30 0
NAV
Incl Dividends
1 month change 0.39% 0.39%
3 month change 2.95% 2.95%
6 month change 17.84% 17.84%
1 year change 55.46% 55.46%
5 year change 0% 0%
10 year change 0% 0%
Price data is updated once a day.
Click and drag to zoom in on timeline.
  • Sectoral allocations
Consumer Services 0.28 0.05%
Liquid Assets 58.15 11.26%
Technology 52.61 10.18%
Offshore 405.54 78.51%
  • Top five holdings
ALIBABA 48.39 9.37%
AMAZON.COM 33.03 6.39%
SPOTIFYTECH 27.29 5.28%
 PROSUS 27.14 5.25%
 NASPERS-N 25.46 4.93%
  • Performance against peers
  • Fund data  
Management company:
Anchor Capital (Pty) Ltd.
Formation date:
2019/06/06
ISIN code:
ZAE000267696
Short name:
U-ANLOTEC
Risk:
Unknown
Sector:
Global--Equity--General
Benchmark:
MSCI ACWI Information Technology Index
  • Fund management  
David Gibb
David Gibb has a BSc (Med) degree from the University of Cape Town together with CA (SA) and CFA qualifications. Having joined the local investment industry in 1994, David has many years of experience in both equity research and fund management, including running the equity research team at Stanlib. His focus is global investments with a bias towards equities. David runs the Anchor BCI Worldwide Flexible Fund.
Anchor Capital


  • Fund manager's comment

Anchor BCI Global Technology comment - Dec 19

2020/02/14 00:00:00
In 4Q19, the Anchor BCI Global Technology Fund con..nued to experience inflows, which led to further purchases of equi..es throughout the period. The only notable changes to exis..ng investments were to Facebook and Amazon, which were upweighted in the por..olio due to rela..vely a..rac..ve market prices. Alibaba, the fund's largest holding at 8.2% of the por..olio at 4Q19, rose solidly during the quarter – probably due to the secondary lis..ng of the company on the Hong Kong Stock Exchange in November 2019. No new investments were made during the quarter. The fund’s equity content ended the quarter at 80.8%, up from 79.9% at the end of September 2019. The balance of 19.2% is largely invested in US dollar and euro.
  • Fund focus and objective  
The Anchor BCI Global Technology Fund aims to maximise the long-term total return for investors by way of a global equity portfolio investing in companies that create and benefit from advances in technology. The portfolio is suitable for investors with an aggressive risk profile. The portfolio‘s equity exposure will always exceed 80% of the portfolio's net asset value, and at least 80% of net asset value will be invested outside of South Africa, with no more than 80% exposure to assets of a specific geographical region.
The portfolio may invest in global and local equity securities, property shares, property related securities listed on exchanges and assets in liquid form, preference shares, debentures, debenture bonds, money market instruments and assets in liquid form. The portfolio may also invest in participatory interests and other forms of participation in portfolios of collective investment schemes or other similar schemes operated in territories with a regulatory environment which is to the satisfaction of the manager and trustee of a sufficient standard to provide investor protection at least equivalent to that in South Africa and which is consistent with the portfolio's primary objective.
The portfolio may from time to time invest in listed and unlisted financial instruments, in accordance with the provisions of the Act, and the Regulations thereto, as amended from time to time, in order to achieve the portfolio's investment objective. The manager may include the following unlisted financial instruments: forward currency, interest rate and exchange rate swap transactions for efficient portfolio management
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