You are currently viewing our desktop site, do you want to download our app instead?
Moneyweb Android App Moneyweb iOS App Moneyweb Mobile Web App

15.89  /  2.11%

754.79

NAV on 2021/02/25
NAV on 2021/02/24 738.9
52 week high on 2021/02/17 775.3
52 week low on 2020/03/17 498.92
Total Expense Ratio on 2020/09/30 2.21
Total Expense Ratio (performance fee) on 0
NAV
Incl Dividends
1 month change -2.32% -2.32%
3 month change 8.48% 8.48%
6 month change 8.51% 8.51%
1 year change 30.29% 30.29%
5 year change 6.78% 6.78%
10 year change 11.42% 11.42%
Price data is updated once a day.
Click and drag to zoom in on timeline.
  • Sectoral allocations
Basic Materials 0.00 0.00%
Consumer Services 3.12 0.67%
Derivatives 10.02 2.16%
Financials 18.45 3.97%
Fixed Interest 0.84 0.18%
Industrials 10.47 2.26%
Liquid Assets -0.63 -0.13%
Specialist Securities 28.68 6.18%
Offshore 393.25 84.71%
  • Top five holdings
U-NEWGOLD 28.68 6.18%
ZALANDOSE 25.65 5.52%
NETEASE.COM 24.07 5.19%
MICROSOFT 19.81 4.27%
TAIWANSEMICON 19.58 4.22%
  • Performance against peers
  • Fund data  
Management company:
Flagship Private Asset Management (Pty) Limited
Formation date:
2001/10/04
ISIN code:
ZAE000139036
Short name:
U-FSWWFLE
Risk:
Unknown
Sector:
Worldwide--Multi Asset--Flexible
Benchmark:
30% JSE All Share index, 30% MSCI World index, 10% All Bond index, 10% JP Morgan Global Bond index, 10% Domestic cash, 10% US Overnight call - in rand terms
Email
info@flagshipsa.com

Website
http://www.flagshipsa.com

Telephone
021-794-3140

  • Fund management  
Pieter Hundersmarck
Kyle Wales


  • Fund manager's comment

Flagship IP Worldwide Flexible comment - Dec 20

2021/02/03 00:00:00
The Flagship Worldwide Flexible Fund returned 1.1% for the month in Rands, comfortably exceeding its benchmark which delivered a return of 0.3%. Of our larger holdings, Pagseguro performed well. We also saw a further rebound in Capri (owner of Michael Kors). Lastly, three of our smaller holdings Avivasa, Endava and Xero were large contributors. Alibaba continued its poor run of performance with further anti-trust concerns emerging.
As required by legislation, we confirm that the fund has adhered to its policy objective and strategy.
  • Fund focus and objective  
To provide long term capital growth from an actively managed portfolio comprising equities, bonds, property and cash – both local and foreign. No guidelines have been set for maximum and minimum exposures to any one asset class (but our mandate limits offshore exposure to 85%). Our benchmark is 60% equities, 20% bonds and 20% cash with each category split equally between local and international assets. The fund is classified with ASISA as a Worldwide - Multi Asset - Flexible fund. The portfolio uses financial instruments to the extent permitted by legislation.
INSIDER SUBSCRIPTIONS APP VIDEOS RADIO / PODCASTS SHOP OFFERS WEBINARS NEWSLETTERS TRENDING PORTFOLIO TOOL CPD HUB

Follow us:

Search Articles: Advanced Search
Click a Company: