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0.06  /  0.06%

101.88

NAV on 2021/02/24
NAV on 2021/02/23 101.82
52 week high on 2020/12/31 102.2
52 week low on 2020/04/03 99.53
Total Expense Ratio on 2020/09/30 0.59
Total Expense Ratio (performance fee) on 2020/09/30 0
NAV
Incl Dividends
1 month change -0.17% 0.21%
3 month change -0.12% 1.01%
6 month change 0.35% 2.58%
1 year change 0.4% 6.22%
5 year change 0.43% 6.61%
10 year change 0.21% 3.25%
Price data is updated once a day.
Click and drag to zoom in on timeline.
  • Sectoral allocations
Bond Funds 1.23 0.01%
Liquid Assets 2705.95 14.22%
Money Market 4493.16 23.61%
SA Bonds 11827.71 62.16%
  • Top five holdings
MONEYMARK 2016.54 10.6%
MM-20MONTH 618.03 3.25%
MM-08MONTH 488.42 2.57%
MM-10MONTH 291.02 1.53%
MM-11MONTH 241.74 1.27%
  • Performance against peers
  • Fund data  
Management company:
Absa Fund Managers (RF) (Pty) Ltd.
Formation date:
2016/10/13
ISIN code:
ZAE000223384
Short name:
U-ACOREIN
Risk:
Unknown
Sector:
South African--Interest Bearing--Short Term
Benchmark:
JIBAR + 0.5%
  • Fund management  
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 higher level of current income than traditional money market collective investment scheme portfolios, while ensuring capital preservation and liquidity
  • Fund focus and objective  
The Absa Core Income Fund will predominantly invest in interest bearing and non-equity securities. Securities to be included in the portfolio will include assets in liquid form, money market instruments, bonds, debentures, debenture bonds, notes, preference shares (subject to the provisions of the Act), and any other income bearing instruments and securities that the Act may from time to time allow, listed and unlisted financial instruments, Interest bearing instruments and non-equity securities in the currency of a country other than the Republic may be included in the Fund.
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