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7.06  /  0.45%

1577.67

NAV on 2019/08/16
NAV on 2019/08/15 1570.61
52 week high on 2018/11/07 1842.17
52 week low on 2019/08/15 1570.61
Total Expense Ratio on 2019/06/30 1.43
Total Expense Ratio (performance fee) on 0
NAV Incl Dividends
1 month change -5.1% -5.1%
3 month change -5.67% -2.99%
6 month change -7.63% -5%
1 year change -12.13% -6.29%
5 year change 0% 0%
10 year change 0% 0%
Price data is updated once a day.
  • Sectoral allocations
Financials 550.22 90.88%
Fixed Interest 15.55 2.57%
Liquid Assets 21.82 3.60%
Real Estate 17.83 2.95%
  • Top five holdings
 GROWPNT 99.38 16.42%
 NEPIROCK 73.21 12.09%
 REDEFINE 56.91 9.4%
 FORTRESSA 40.70 6.72%
 VUKILE 34.64 5.72%
  • Performance against peers
  • Fund data  
Management company:
Ashburton Management Company (RF) (Pty) Ltd.
Formation date:
2007/11/01
ISIN code:
ZAE000205852
Short name:
U-BJMPROP
Risk:
Unknown
Sector:
South African--Real Estate--General
Benchmark:
FTSE/JSE SA Listed Property Index Total Return (J253T)
Contact details

Email
ashburtonquery@investoradmin.co.za

Website
http://www.ashburtoninvestments.com

Telephone
011-282-8800

  • Fund management  
Ashburton Multi Management


  • Fund manager's comment

BJM Property Fund Comment- Mar 12

2012/07/05 00:00:00
The first quarter of 2012 saw the Property Loan Stock Index up 9.12% outperforming all other asset classes. The best performing counters in the sector were Resilient, Growthpoint, Vunani and Fortress and the worst performing counters were Hospitality, SA Corporate and Vukile. Over the short term property returns have been closely correlated with long bond returns and the past month's positive returns from property were once again supported by a positive bond market. The fund outperformed its peer group over the first quarter of 2012 at 8.9% vs 7.1%, however the Property Loan Stock Index outperformed both because of the weighting in Growthpoint. Property is in fair value territory with a one year forward distribution yield of 8%, slightly below the All Bond Index Yield of 8.1%.
  • Fund focus and objective  
The objective of the fund is to provide investors with a high and growing income yield and long-term capital growth with moderate volatility. The objective is obtained by investments in segregated portfolios managed by various specialist property managers. This fund also aims to provide reduced volatility relative to similarly single manager portfolios due to manager diversification.
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