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-5.56  /  -0.52%

1062.85

NAV on 2021/02/25
NAV on 2021/02/24 1068.41
52 week high on 2020/03/04 1360.22
52 week low on 2020/03/24 785.19
Total Expense Ratio on 2020/12/31 1.47
Total Expense Ratio (performance fee) on 0
NAV
Incl Dividends
1 month change 7.12% 7.12%
3 month change 11.59% 13.14%
6 month change 10.71% 12.25%
1 year change -23.48% -20.42%
5 year change -12.18% -7.66%
10 year change 0% 0%
Price data is updated once a day.
Click and drag to zoom in on timeline.
  • Sectoral allocations
Financials 310.30 78.79%
Fixed Interest 0.01 0.00%
Liquid Assets 24.31 6.17%
Money Market 0.00 0.00%
Real Estate 4.46 1.13%
Spec Equity 54.75 13.90%
  • Top five holdings
 GROWPNT 51.36 13.04%
 NEPIROCK 50.98 12.94%
U-SESFIGR 32.08 8.15%
 RESILIENT 25.84 6.56%
 EQUITES 23.53 5.98%
  • 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)
  • 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.The portfolio invests in assets in liquid form, JSE listed property shares, collective investment schemes, listed and
unlisted financial instruments, and may invest in offshore investments. Property 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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