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0.18  /  0.16%


NAV on 2019/09/13
NAV on 2019/09/12 110.1272
52 week high on 2019/06/13 111.5903
52 week low on 2019/01/02 99.9352
Total Expense Ratio on 2019/06/30 1.44
Total Expense Ratio (performance fee) on 2019/06/30 0
NAV Incl Dividends
1 month change 0.18% 0.18%
3 month change -1.15% -0.59%
6 month change 3.64% 4.23%
1 year change 2.99% 4.73%
5 year change 0% 0%
10 year change 0% 0%
Price data is updated once a day.
  • Sectoral allocations
Derivatives 0.10 0.11%
General Equity 12.55 12.80%
Liquid Assets 2.41 2.46%
Managed 5.18 5.28%
Real Estate 6.64 6.77%
Spec Equity 24.86 25.34%
Specialist Securities 27.43 27.97%
Offshore 18.89 19.26%
  • Top five holdings
U-SCIBECO 19.48 19.87%
U-CIENGEQ 12.55 12.8%
U-NFEVOL 11.37 11.6%
U-CSGLPRO 9.59 9.77%
U-ADVPROI 6.64 6.77%
  • Performance against peers
  • Fund data  
Management company:
Ci Collective Investments (RF) Prop Ltd.
Formation date:
ISIN code:
Short name:
South African--Multi Asset--Medium Equity
CPI for all urban areas + 4% per annum over any rolling 7 year period
Contact details



011 463 5656

  • Fund management  
1st Fusion Asset Management (Pty) Ltd.
Chris Marais
James Twidale

  • Fund manager's comment

1st Fusion Diversified Growth Comment - Sep 18

2018/12/11 00:00:00
Diversified Growth is a long term strategic asset allocation fund. It sits in the ASISA Multi-asset Medium Equity peer group but has a strategic asset allocation that is close to the equity and property limits available. This fund is designed to be at the upper end of the Medium Equity Risk and return spectrum to achieve a CPI + 4% per annum benchmark over a rolling 7 year period.
We blend best of breed external fund managers with passively managed building blocks to maintain the long term strategic asset allocation in a cost effective and efficient manner. The combination of managers entails sophisticated qualitative and quantitative analysis to ensure that the fund gets the most benefit out of the blend of managers and investment styles.
The Fund has a strategic allocation to equity and listed property. These growth asset allocations are likely to cause the fund to outperform during periods that are supportive of growth assets. Our external asset manager selection includes: Coronation, Foord, Allan Gray, Prudential and Satrix. The overall asset allocation of the fund is rebalanced constantly to ensure that the long term performance of the fund is maximised while maintaining the correct asset diversification characteristics.
The fund includes an allocation to emerging market equities, which make up a part of the funds' offshore allocation. Over the long term this exposure is likely to add a significant risk premium to the performance despite the current negative sentiment toward this sector.
  • Fund focus and objective  
The portfolio maintains a high risk profile and the portfolio's equity exposure will be limited to a maximum of 60% of the portfolio's net asset value. The portfolio will comply with prudential investment guidelines to the extent allowed by the Act.
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