-1.83 /
-0.02%
7829.02
NAV on 2021/04/12
| NAV on 2021/04/09 |
7830.8531 |
| 52 week high on 2021/02/11 |
8061.1087 |
| 52 week low on 2020/04/24 |
6180.408 |
| Total Expense Ratio on 2020/12/31 |
0.29 |
| Total Expense Ratio (performance fee) on 2020/12/31 |
0 |
| Liquid Assets |
-0.04 |
-0.08% |
| SA Bonds |
47.02 |
100.08% |
Management company:
STANLIB Collective Investments (RF) (Pty) Limited |
Formation date:
2019/06/05 |
ISIN code:
ZAE000265625 |
Short name:
U-SABNDIN |
Risk:
Unknown |
Sector:
South African--Interest Bearing--Variable Term |
Benchmark:
SA Bond Index |
Ryan Basdeo
After beginning his career as a financial accountant in the employee benefits industry, Ryan joined STANLIB Asset Management in their Institutional Pricing team in 2008. He got experience in the Offshore Trades Processing team from 2010, before moving on to Alternative Investments as market maker for the ETFs and executing trades for the index-tracking funds, as well as assistance with portfolio management. He was appointed a Portfolio Manager in 2017. Ryan has a BCom in Taxation degree, is a JSE Registered Securities Trader, as well as a Registered Bond Trader and has been awarded a MBA from Wits Business School.
Ann Sebastian
Possessing a very strong academic record and a passion for financial markets, Ann joined the Beta Quants team in 2012. As a quantitative analyst, she specialises in asset allocation, portfolio construction, investment risk management and multi-factor risk modelling. She is currently a Portfolio manager at STANLIB Index Investmentsresponsible for the management of R 22 billion across quantitative enhanced index funds, smart beta funds, completion strategies and index tracking fund across a number of asset classes. Ann studied at Wits University, where she took a BSc in Mathematical Sciences with double majors in Pure Mathematics and Economic Sciences. She then went on to do her BSc honours degree studying Advanced Mathematics of Finance. She is currently studying towards a MSc in Statistical Science from UCT where her thesis covers 'Tactical Asset Allocation with Flexible Investor Views'.
1NVEST SA Bond ETF- Dec 19
2020/03/02 00:00:00
The review of the S&P South Africa Sovereign Bond 1+ Year Index (SPFIZAA) in the last quarter saw no additions or deletions from the index. The fund performed in line with the Index. The R186 Government bond was the largest bond in the fund and its yield increased from 8.09% as at end of June to 8.29% as at end of September. The modified duration of the bond decreased from 5.28 as at end of June to 5.02 as at end of September. The yield of the fund increased from 8.94% to 9.12% over the quarter. The modified duration of the fund decreased from 7.26 to 7.20 over the quarter
