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2.56  /  0.91%

279.92

NAV on 2021/03/01
NAV on 2021/02/26 277.36
52 week high on 2021/03/01 279.92
52 week low on 2020/03/19 184.32
Total Expense Ratio on 2020/12/31 2.43
Total Expense Ratio (performance fee) on 0
NAV
Incl Dividends
1 month change 6.73% 6.73%
3 month change 13.36% 13.36%
6 month change 11.27% 11.27%
1 year change 26.95% 27.43%
5 year change 5.69% 6.3%
10 year change 6.84% 7.31%
Price data is updated once a day.
Click and drag to zoom in on timeline.
  • Sectoral allocations
Basic Materials 31.49 15.26%
Bond Funds 19.64 9.52%
Consumer Goods 3.12 1.51%
Consumer Services 3.25 1.57%
Derivatives 0.73 0.35%
Financials 17.60 8.53%
Fixed Interest 0.01 0.00%
General Equity 13.77 6.68%
Industrials 8.16 3.96%
Liquid Assets 4.21 2.04%
Specialist Securities 6.90 3.34%
Technology 21.02 10.19%
Telecommunications 3.61 1.75%
Offshore 72.75 35.27%
  • Top five holdings
FOREIGN EQDER 27.70 13.43%
U-CORBOND 19.64 9.52%
LOCALUNITTEQT 13.77 6.68%
 NASPERS-N 12.83 6.22%
 SIBANYE-S 12.60 6.11%
  • Performance against peers
  • Fund data  
Management company:
Flagship Private Asset Management (Pty) Limited
Formation date:
2005/09/12
ISIN code:
ZAE000139028
Short name:
U-FSFLEXI
Risk:
Unknown
Sector:
South African--Multi Asset--High Equity
Benchmark:
Multi-Asset High Equity Sector Average
Email
info@flagshipsa.com

Website
http://www.flagshipsa.com

Telephone
021-794-3140

  • Fund management  
Paul Floquet


  • Fund manager's comment

Flagship IP Prudential Variable comment - Dec 20

2021/02/03 00:00:00
December's fund performance of +1.8% was in line with the fund's benchmark, but below the JSE Allshare's +4.1% return which was spurred on by a continued resurgence in the small (+5.4%) and mid-caps (+6.6%), and a massive boost in the listed property sector (+13.7%). For 2020 as a whole, the Flagship Balanced Fund performed admirably, ranking 5th out of 206 funds in its sector, and its +13.6% return was well above the sector's +1.5% and the JSE Allshare's +4.1%. We continue to believe that the fund is well positioned for what should be another volatile year.
As required by legislation, we confirm that the fund has adhered to its policy objective and strategy.
  • Fund focus and objective  
The primary objective of the Flagship IP Balanced Fund is to seek steady but stable growth of both capital and income through investments in a broad range of asset classes in a balanced manner. The fund is a domestic, asset-allocation, prudential variable portfolio. The fund aims to maximize returns over the medium to long term and achieves this through flexible asset allocation strategies taking active decisions in accordance with current and projected economic and market conditions. The fund invests in equities, bonds, property and money market and is restricted to maximum limits in accordance with prudential regulations which, inter alia, provide that equity, held both locally and abroad, will not exceed 75% of the fund and offshore investment is restricted to 25% of the fund. Out-performance is targeted through aggressive asset allocation and focused stock selection based on in-house proprietary models and extensive internal and external research. The portfolio uses financial instruments only to the extent permitted by legislation.
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