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  •  Investec Specialist Investments BCI Enhanced Income Fund (A)
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0.02  /  0.02%

100.48

NAV on 2019/11/20
NAV on 2019/11/19 100.46
52 week high on 2019/06/28 101.13
52 week low on 2018/11/21 99.54
Total Expense Ratio on 2019/06/30 1.05
Total Expense Ratio (performance fee) on 0
NAV Incl Dividends
1 month change 0.01% 0.65%
3 month change 0.27% 1.84%
6 month change -0.1% 3.53%
1 year change 0.43% 7.42%
5 year change 0% 0%
10 year change 0% 0%
Price data is updated once a day.
  • Sectoral allocations
Fixed Interest 150.02 30.01%
Liquid Assets 138.47 27.70%
Money Market 196.25 39.25%
Other Sec 15.23 3.05%
  • Top five holdings
MONEYMARK 125.56 25.11%
U-AGMM 94.82 18.97%
U-INVMM 55.02 11%
MM-01MONTH 50.69 10.14%
MM-09MONTH 20.01 4%
  • Performance against peers
  • Fund data  
Management company:
Boutique Collective Investments (RF) (Pty) Ltd.
Formation date:
2018/11/19
ISIN code:
ZAE000260717
Short name:
U-INVBCIE
Risk:
Unknown
Sector:
South African--Multi Asset--Income
Benchmark:
55% of SteFI call deposit index
Contact details

Email
clientservices@bcis.co.za

Website
http://www.bcis.co.za

Telephone
021-007-1500

  • Fund management  
Glen Copans
Glen started his career at Gensec Bank in 2000 where he was responsible for risk and accounting in the equity derivatives and hedge fund business. He joined Momentum Wealth in 2003 focusing on product development and structuring of derivative based portfolios. Glen joined RMB Asset Management in July 2007 in the Alternative
Investment team where he was a Portfolio Manager of Momentum Guaranteed Portfolios and co-manager for the Absolute return, Equity hedge funds and various customized solutions for clients. He was appointed COO of Momentum Asset Management in May 2012. In Jan 2014, Glen was appointed as Head of Beta strategies to initiate the Passive and Smart Beta offering of Momentum Asset Management.


  • Fund manager's comment
No fund manager's comment available.
  • Fund focus and objective  
The Investec Specialist Investments BCI Enhanced Income Fund is a conservative risk profile portfolio with the objective to enhance income returns by offering a liquid, income yielding investment which will substantially track the local short-term interest rate cycle. The income distributed to investors will aim to exceed the average after tax yield normally received from money market portfolios. In order to achieve its objective, the investments normally to be included in the portfolio may comprise a combination of assets in liquid form, money market instruments, interest bearing securities and instruments, bonds, debentures, corporate debt, non-equity securities, equity securities, property related securities and preference shares. The portfolio 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 portfolio's maximum net equity exposure will be 10% of its market value. The portfolio 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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