0.71 /
0.69%
103.53
NAV on 2020/06/02
| NAV on 2020/06/01 |
102.82 |
| 52 week high on 2019/12/30 |
106.97 |
| 52 week low on 2020/03/23 |
87.24 |
| Total Expense Ratio on 2019/12/31 |
0.51 |
| Total Expense Ratio (performance fee) on 2019/12/31 |
0 |
| Basic Materials |
52.66 |
5.95% |
| Consumer Goods |
24.73 |
2.79% |
| Consumer Services |
13.37 |
1.51% |
| Financials |
34.64 |
3.92% |
| Fixed Interest |
149.14 |
16.85% |
| Health Care |
3.47 |
0.39% |
| Industrials |
3.40 |
0.38% |
| Liquid Assets |
84.83 |
9.59% |
| Money Market |
210.08 |
23.74% |
| Oil & Gas |
0.09 |
0.01% |
| Real Estate |
40.09 |
4.53% |
| Spec Equity |
109.81 |
12.41% |
| Technology |
41.70 |
4.71% |
| Telecommunications |
5.32 |
0.60% |
| Offshore |
111.55 |
12.61% |
|
U-BNDINDX |
149.14 |
16.85% |
|
O-GGGEQT |
111.55 |
12.61% |
|
U-SATMSCI |
109.81 |
12.41% |
|
MM-03MONTH |
93.83 |
10.6% |
|
MM-12MONTH |
45.27 |
5.12% |
Management company:
Absa Fund Managers (RF) (Pty) Ltd. |
Formation date:
2017/12/04 |
ISIN code:
XXXXXXXXXXXX |
Short name:
U-ABMMPAC |
Risk:
Unknown |
Sector:
South African--Multi Asset--Medium Equity |
Benchmark:
ASISA Multi Asset Medium Equity sector average |
Sheetal Rama
Sheetal joined Absa Multi Management in September 2005 as a Performance Analyst, she was promoted to a Research Analyst in August 2006 and became a Portfolio Manager in 2008. Sheetal completed her BSc (Actuarial Sciences) degree in 2003 at the University of Pretoria. She is responsible for managing various Absa Multi Management Unit Trust Funds as well as numerous wrap portfolios.
Neville James
ABSA Multi-Managed Passive Accumulation - Dec 19
2020/02/13 00:00:00
The Fund Commentary is provided on a quarterly basis and can be found on www.absainvestmentmanagement.co.za under Unit Trusts Minimum Disclosure Documents. The latest quarterly commentary available is for the quarter ending 31 December 2019.
In order to achieve the fund objective, the investments normally to be included in the fund may comprise a combination of asset in liquid form, money market instruments, interest bearing securities, bonds, debentures, corporate debt, equity securities, property securities, preference shares, convertible equities convertible debentures and non-equity securities. The composition of the portfolio shall reflect the investment structure of a retirement fund with a moderate risk profile therefore the portfolio's equity exposure will be limited to a maximum of 60% of the net asset value. The Absa Multi Managed Passive Accumulation Fund is a multi-managed fund and may from time to time invest in listed and unlisted financial instruments in accordance with the provisions of the Act, and the Regulation thereto, as amended from time to time.
