NAV on 2021/09/17
|NAV on 2021/09/16
|52 week high on 2021/08/24
|52 week low on 2020/11/02
|Total Expense Ratio on 2021/03/31
|Total Expense Ratio (performance fee) on 2021/03/31
Capricorn Asset Management
Stefi (50%) + ALBI (10%) + SA Listed Property (10%) + FTSE JSE SWIX (30%)
No email address listed.
No website listed.
+264 61 299 1950
- Started his career in 1992 in treasury environment becoming an expert in money and capital markets - Since 2000 Portfolio Manager of Bank Windhoek Selekt Fund an d Bank Windhoek Investment Fund (largest money market fund in Namibia)
Capicorn Premier Fund comment - Dec 19
Premier Fund is recovering gradually. It gained 1.3% this month, which brings the year to date return to 7.5%. The returns were generated by positive contributions from all the asset classes. property contributed 1.7%, Equity 2.3%, Bond 0.6% and International Equity 1.2%. The returns came on the back of a shift in the risk sentiment in September. Markets were up firmly by the middle of the month but the attack in the Middle East led to a spike in oil prices, which raised some major concerns over the possiblility of war in iran. Positive sentiment has faded and risk appetite reduced again although the market has not moved back to the levels of mid-month. Interest rates in South Africa also remained unchanged for the month which disappointed some market participants hoping for additional stimulus into the market. The Fund is posistioned cautiously considering the current volatility.
The Capricorn Premier fund aims to provide the investor with a return of 4% above inflation over any 3 year rolling period. This is achieved by investing in a diversified portfolio covering all major asset classes. This Fund has a cautious risk profile. In order to maximise performance and limit downside risk, the manager applies discretion in terms of the funds allocation to each asset class from time to time. This fund distributes semi annually. Pension Funds are not precluded from investing in this fund.