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-0.21  /  -0.19%

111.75

NAV on 2021/02/25
NAV on 2021/02/24 111.96
52 week high on 2020/12/31 112.56
52 week low on 2020/04/03 106.45
Total Expense Ratio on 2020/09/30 0.65
Total Expense Ratio (performance fee) on 2020/09/30 0
NAV
Incl Dividends
1 month change 0.23% 0.23%
3 month change 0.06% 1.27%
6 month change 1.01% 3.5%
1 year change 0.28% 6.71%
5 year change 0.78% 8.23%
10 year change 0.24% 6.69%
Price data is updated once a day.
Click and drag to zoom in on timeline.
  • Sectoral allocations
Bond Funds 151.19 14.97%
Liquid Assets 34.21 3.39%
Money Market 123.21 12.20%
SA Bonds 701.60 69.45%
  • Top five holdings
U-ABSABON 151.19 14.97%
MONEYMARK 65.47 6.48%
MM-03MONTH 31.99 3.17%
MM-06MONTH 25.75 2.55%
  • Performance against peers
  • Fund data  
Management company:
Absa Fund Managers (RF) (Pty) Ltd.
Formation date:
1993/04/01
ISIN code:
ZAE000019360
Short name:
U-ABSAINC
Risk:
Unknown
Sector:
South African--Interest Bearing--Short Term
Benchmark:
BEASSA 1 - 3 year
  • Fund management  
Rehana Rungasamy
Rehana joined Absa Asset Management in May 2008 as a Fixed Interest Rate Dealer, where she assumed responsibility for the money market and bond trading. Previously, she worked for Stanlib Asset Management where she fulfilled different roles, starting out as a Trade Processing Manager before joining their Fixed Interest Rate trading desk as a money market Dealer. Rehana holds a Bcom degree specializing in Accounting and Economics from UNISA.
James Turp
James Turp is the Head of Fixed Income as well as a Portfolio Manager. Responsible for money market, cash plus, income funds, multi asset income funds, inflation linked and bond mandates. He has over 28 years of financial market and investment experience, managing and trading fixed income and currency portfolios. Asset management, Bank as well as parastatal corporate treasury experience.


  • Fund manager's comment

2020/02/12 00:00:00
The fund aims to provide investors with a reasonable level of current income and maximum stability for capital invested
  • Fund focus and objective  
To achieve this objective, the securities normally included in the portfolio will consist of non-equity securities, financially sound preference shares (subject to the provisions of the Act), debenture stock, debenture bonds and unsecured notes to be acquired at fair market prices. The fund may also include participatory interests of collective investment schemes.fund will not exceed 2 years.
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