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16.68  /  0.75%

2217.48

NAV on 2021/03/01
NAV on 2021/02/26 2200.8
52 week high on 2021/02/25 2227.19
52 week low on 2020/03/20 1281.53
Total Expense Ratio on 2020/12/31 1.92
Total Expense Ratio (performance fee) on 0
NAV
Incl Dividends
1 month change 7.5% 7.5%
3 month change 15.95% 15.95%
6 month change 21.62% 21.62%
1 year change 28.78% 31.3%
5 year change 5.58% 7.17%
10 year change 0% 0%
Price data is updated once a day.
Click and drag to zoom in on timeline.
  • Sectoral allocations
Basic Materials 111.28 13.30%
Consumer Goods 21.64 2.59%
Consumer Services 29.38 3.51%
Derivatives 0.06 0.01%
Financials 74.30 8.88%
Fixed Interest 0.00 0.00%
General Equity 437.51 52.27%
Health Care 4.95 0.59%
Industrials 4.03 0.48%
Liquid Assets 7.09 0.85%
Spec Equity 93.79 11.21%
Technology 45.52 5.44%
Telecommunications 7.41 0.89%
  • Top five holdings
U-COREQU 163.92 19.58%
U-AYEQUTY 144.98 17.32%
U-FAIRTRE 128.62 15.37%
U-NEDENTR 91.38 10.92%
 NASPERS-N 34.40 4.11%
  • Performance against peers
  • Fund data  
Management company:
Ashburton Management Company (RF) (Pty) Ltd.
Formation date:
2007/11/01
ISIN code:
ZAE000205878
Short name:
U-BJMCOEQ
Risk:
Unknown
Sector:
South African--Equity--General
Benchmark:
FTSE/JSE All Share Index (Total Return)
  • Fund management  
Ashburton Multi Management


  • Fund manager's comment

BJM Equity Fund Comment - Jun 12

2012/09/12 00:00:00
The JSE All Share Index returned a positive 0.98% for the quarter, the JSE Financial 15 Index was up 3.70% and the JSE Industrial Index was up 2.6%. Resources were the worst performing sector tumbling 3.56% in rands for the quarter. Despite the fund's overweight position in financials and industrials it underperformed the benchmark with a total return of 0.03%. The past quarter saw Truffle delivered their worst quarterly performance since including them in the Multi Manager solution two years ago with a return of negative 1.02%. Despite the poor quarter they still managed to outperform the All Share Index over a 1 year period by just over 8%. The fund continues to be overweight in Industrials and Financials and underweight in Resources relative to the All Share Index.
  • Fund focus and objective  
The fund aims to provide investors with long-term capital growth. The objective is obtained by investments in segregated equity portfolios managed by specialist equity managers. This fund should reduce volatility relative to similar single manager portfolios due to manager diversification.This portfolio invests in assets in liquid form and in shares across all sectors of the JSE Securities Exchange of South Africa and other permissible assets allowed by the Act. The portfolio will invest a minimum of 75% of the market value of the portfolio in equities at all times, with offshore asset exposure being limited to 25%. Equity investments are volatile by nature and are susceptible to changes in general market conditions and volatility, as well as economic, political and company specific risks. This fund is also exposed to foreign investment funds and is thereby susceptible to currency risk and potential macroeconomic and political risks brought about by funds invested across various regions.
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