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-1.1  /  -0.64%

171.65

NAV on 2021/02/26
NAV on 2021/02/25 172.75
52 week high on 2021/02/16 174.95
52 week low on 2020/03/23 124.89
Total Expense Ratio on 2020/09/30 2.1
Total Expense Ratio (performance fee) on 2020/09/30 0
NAV
Incl Dividends
1 month change 2.2% 2.2%
3 month change 5.96% 6.8%
6 month change 10.02% 10.9%
1 year change 5.46% 8.33%
5 year change 0.95% 4.06%
10 year change 4.36% 7.45%
Price data is updated once a day.
Click and drag to zoom in on timeline.
  • Sectoral allocations
Basic Materials 3.36 5.07%
Bond Funds 9.34 14.07%
Consumer Goods 6.13 9.24%
Consumer Services 5.12 7.70%
Derivatives 0.35 0.53%
Financials 12.71 19.15%
Health Care 0.28 0.43%
Industrials 1.05 1.58%
Liquid Assets 5.79 8.71%
Real Estate 0.49 0.74%
SA Bonds 3.36 5.07%
Spec Equity 19.10 28.77%
Technology 1.39 2.09%
Telecommunications 2.57 3.86%
Offshore -4.64 -6.99%
  • Top five holdings
U-ABSABON 9.34 14.07%
U-ABSGLEQ 6.90 10.39%
U-ABSAINT 5.23 7.88%
U-AGLBCFF 4.11 6.19%
 STANBANK 2.29 3.45%
  • Performance against peers
  • Fund data  
Management company:
Absa Fund Managers (RF) (Pty) Ltd.
Formation date:
2010/02/25
ISIN code:
ZAE000144473
Short name:
U-ABSAMAN
Risk:
Unknown
Sector:
South African--Multi Asset--High Equity
Benchmark:
CPI plus 6% pa over a rolling 60 month period
  • Fund management  
Greg Kettles
Greg joined ABAM in September 2007 and was responsible for the management of ABAM’s second largest fund, the ABSA Dividend Income Fund prior to the fund being closed. He also manages the ABSA International Fund (an offshore equity fund), the ABSA Global Bond Fund and the ABSA range of offshore income funds. After completing his accounting articles at Deloitte, Greg continued in the profession as a partner in a small practice for a number of years before entering the asset management industry in1994. During his investment career he has had extensive experience including derivatives trading, research of companies listed in numerous sectors on the JSE, the management of numerous portfolios, both segregated client portfolios and unit trusts (both domestic and international) as well as management of clients’ offshore assets on a multi-manager basis. Greg holds a CA(SA) qualification and is a CFA charter holder.
Kurt Benn
Kurt joined Absa Asset Managers as Head: Balanced Funds in August 2015. Kurt has 19 years of investment and asset management experience. Prior to joining ABSA, Kurt spent the last 8 years co-managing multi-asset funds at Cadiz Asset Management. He has also held senior analytical and portfolio management positions at several respected investment management companies including Sanlam Investment Management, BOE Asset Management and Old Mutual Asset Management.


  • Fund manager's comment

2020/02/13 00:00:00
The main objective of the Absa Managed Fund is to manage the asset allocation strategy so as to maximise capital growth and income over the long term.
  • Fund focus and objective  
The fund will use an active asset allocation strategy by investing in selected JSE listed shares, quoted property, bonds, money market and international assets. The portfolio will have a general bias towards equity. The fund is managed according to the guidelines as set out in Regulation 28 of the pension funds act and is suitable for retirement funds investments.
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