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1.02  /  0.51%

199.02

NAV on 2019/03/19
NAV on 2019/03/18 198
52 week high on 2018/08/28 209.97
52 week low on 2018/12/10 184.06
Total Expense Ratio on 2018/12/31 1.81
Total Expense Ratio (performance fee) on 2018/12/31 0
NAV Incl Dividends
1 month change 1.12% 2.48%
3 month change 6.93% 8.36%
6 month change -0.34% 1%
1 year change -1.89% 1.24%
5 year change 0.05% 1.77%
10 year change 4.04% 5.99%
Price data is updated once a day.
  • Sectoral allocations
Basic Materials 14.64 18.88%
Consumer Goods 2.36 3.04%
Consumer Services 11.96 15.42%
Financials 16.09 20.75%
Fixed Interest 0.00 0.00%
Gilts 1.03 1.33%
Health Care 0.94 1.21%
Industrials 1.31 1.69%
Liquid Assets 0.61 0.79%
Money Market 9.16 11.81%
Real Estate 4.46 5.75%
Spec Equity 14.99 19.33%
  • Top five holdings
U-SNETGBA 14.99 19.33%
MONEYMARK 9.16 11.81%
 NASPERS-N 6.93 8.93%
U-DWPROP 4.46 5.75%
 STANBANK 4.39 5.66%
  • Performance against peers
  • Fund data  
Management company:
Sharenet Investments (Pty) Ltd.
Formation date:
2005/05/16
ISIN code:
ZAE000067195
Short name:
U-CONB5PR
Risk:
Unknown
Sector:
South African--Multi Asset--Flexible
Benchmark:
CPI plus 4%
Contact details

Email
investments@sharenet.co.za

Website
www.sharenetinvestments.co.za

Telephone
021-700-4800

  • Fund management  
Kobus Louw
Kobus Louw hails from Port Elizabeth where he completed his B.Sc Hons degree, before graduating from Stellenbosch University with an MBA in 1988. He began his career in the actuarial division at Sanlam, later moving to the investment department. After a two-year period working at Unicorn Lines in Durban from 1979-80, Kobus helped to set up and manage an investment information systems department at Sanlam, after which he moved to the field of portfolio management at Sanlam Investment Management, eventually becoming head of Portfolio Management in 1998. In 1999, Kobus joined Cadiz Asset Management as one of its founding members in charge of new product development initiatives and the refocusing of the active management team's efforts. Kobus resigned from his position as Director and Chief Investment Officer at the end of 2004 and took up the CIO role at Contego Asset Management, focussing on the investment process and developing new offerings until 2016 when he joined Sharenet.
JC Louw
JC completed a B.Comm degree and MBA (Cum Laude) at Stellenbosch University. He started his career as part of the Greenwich Securities derivatives team in London in 1998. During his time in London he was exposed to a variety of global markets and asset classes, and became a member of the OTOB (European Derivative Exchange). In 2000 he joined Greenwich Asset Management in Cape Town as an investment analyst and a member of the investment team that later became part of NIB. In 2001he moved to PLJ Financial Services as a private client portfolio manager until 2003. JC was one of the founding members of Contego Asset Management and led the Asset Management division until 2016 when he joined Sharenet.
Sharenet Investments (Pty) Ltd.


  • Fund manager's comment

Contego B5 MET Protected Equity comment - Mar 14

2014/06/04 00:00:00
After the huge crash in January, the markets recovered with a vengeance in February and March as fears about Emerging Markets subsided. The ZAR fell almost 7% in January, but recovered nicely to end the quarter down 1.7%. as global investors returned to our market. Our equity market fell 2% in January, but recovered 7% over February and March to end the quarter up 5%. Resources gained 10%, Financials 7% and Industrials was flat. Property fell 7% in January, but recovered to end up 2% for the quarter. Cash delivered 1.33% over the quarter. A big loser was Brent Oil down 5% while Gold was up 7% and Platinum 4.5%. We expect two more increases this year and more next year. The ZAR has been volatile and we expect it to consolidate between R10.50 and R11.50 vs the US$. Our view is that markets are fairly priced at these levels and we are fully invested. We will focus on selective stock-picks.
  • Fund focus and objective  
The Sharenet BCI Flexible Fund is a domestic flexible portfolio that seeks to secure a high long term total return for investors. In order to achieve its objective, the investments normally to be included in the portfolio may comprise a combination of assets in liquid form, equity securities, property securities, property related securities, convertible equities, preference shares, non-equity securities, interest bearing instruments and money market instruments. The manager may invest in participatory interests or any other form of participation in portfolios of collective investment schemes or other similar collective investment schemes as the Act may allow from time to time, and which are consistent with the portfolio's investment policy. Where the aforementioned schemes are operated in territories other than South Africa, participatory interests or any other form of participation in portfolios of these schemes will be included in the portfolio only where the regulatory environment is, to the satisfaction of the manager and the trustee, of sufficient standard to provide investor protection at least equivalent to that in South Africa. The portfolio may from time to time invest in listed and unlisted financial instruments, in accordance with the provisions of the Act, and the Regulations thereto, as amended from time to time, in order to achieve the portfolio's investment objective. The manager may also include forward currency, interest rate and exchange rate swap transactions for efficient portfolio management purposes. The Trustee shall ensure that the investment policy set out in this Supplemental Deed is carried out. For the purpose of this portfolio, the manager shall reserve the right to close the portfolio to new investors on a date determined by the manager. This will be done in order to be able to manage the portfolio in accordance with its mandate. The manager may, once a portfolio has been closed, open that portfolio again to new investors on a date determined by the manager.
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