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-1.45  /  -1.49%


NAV on 2021/01/27
NAV on 2021/01/26 99.02
52 week high on 2021/01/21 100.43
52 week low on 2020/03/23 57.96
Total Expense Ratio on 2020/09/30 0.23
Total Expense Ratio (performance fee) on 2020/09/30 0
Incl Dividends
1 month change 0.86% 2.87%
3 month change 11.84% 14.07%
6 month change 17.33% 19.67%
1 year change 7.28% 12.11%
5 year change 0% 0%
10 year change 0% 0%
Price data is updated once a day.
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  • Sectoral allocations
Basic Materials 6.19 30.27%
Consumer Goods 2.73 13.35%
Consumer Services 2.70 13.21%
Financials 3.87 18.92%
Health Care 0.89 4.37%
Industrials 1.65 8.09%
Liquid Assets 0.14 0.68%
Telecommunications 2.27 11.10%
  • Top five holdings
 MTN GROUP 1.37 6.69%
 BATS 1.28 6.27%
 EXXARO 1.10 5.4%
 NEDBANK 0.99 4.83%
 ARM 0.99 4.82%
  • Performance against peers
  • Fund data  
Management company:
Absa Fund Managers (RF) (Pty) Ltd.
Formation date:
ISIN code:
Short name:
South African--Equity--General
FTSE/JSE Dividend Plus Index
  • Fund management  
St John Bunkell
St John has been with Absa Alternative Asset Management since September 2009; in this time he has been responsible for the strategic design and implementation of AAM's long only asset management business. He a portfolio manager on all equity funds and is integrally involved with the fixed income and balanced fund offerings. St John started his career in 1997 and has experience in risk management, structured solutions, asset management and hedge funds. He spend several years in London where he started Gensec UK structured products and worked in the pension fund environment. He has been largely responsible for the strategic alliance between AAM and the asset manager business of Barclays Capital (BCFS), having integrated Barclays Capital trading technology as well as being involved in several BCFS investments by South African Institutional clients. He is involved in the development and management of AAM's hedge fund offering.
Neels Pretorius

  • Fund manager's comment

2020/02/12 00:00:00
The fund objective is to manage securities in an effort to provide investors with exposure to high yielding stocks within the universe of the Top 40 (J200) and Mid Cap (J201) through index tracking.
  • Fund focus and objective  
The Absa Dividend Plus Fund will be passively managed and will not perform market operations based on economic, financial and/or market analysis but will sell or purchase securities in this fund to align with the Dividend Plus Index. The index consists of 30 companies that are expected to pay the best normal dividends over the forthcoming year. The selection of the 30 shares is therefore not based on the market capitalization of the shares, but rather the ability of the company to pay superior dividends.

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