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-0.78  /  -0.39%

200.87

NAV on 2019/07/19
NAV on 2019/07/18 201.65
52 week high on 2018/09/05 239.76
52 week low on 2019/01/31 188.18
Total Expense Ratio on 2019/03/31 2.32
Total Expense Ratio (performance fee) on 2019/03/31 0
NAV Incl Dividends
1 month change -2.82% -1.82%
3 month change -2.92% -1.93%
6 month change 2.28% 3.32%
1 year change -4.06% -3.09%
5 year change 6.5% 6.72%
10 year change 0% 0%
Price data is updated once a day.
  • Sectoral allocations
Liquid Assets 14.96 18.48%
Offshore 65.98 81.51%
  • Top five holdings
ALLERGAN 4.94 6.11%
SIEMENS 3.45 4.26%
PROCTER&GAMBL 2.48 3.06%
SYNAPTICSINC 2.45 3.03%
NESTLESA 2.45 3.02%
  • Performance against peers
  • Fund data  
Management company:
Sanlam Collective Investments
Formation date:
2012/10/29
ISIN code:
ZAE000166955
Short name:
U-ELEISGL
Risk:
Unknown
Sector:
Global--Equity--General
Benchmark:
Dow Jones Islamic Market World Index Total Return
Contact details

Email
No email address listed.

Website
No website listed.

Telephone
021-947-9111

  • Fund management  
Shamier Khan


  • Fund manager's comment

Element Islamic Global Equity SCI - Comment Mar 19

2019/05/28 00:00:00
The Element Islamic Global Equity Fund realised a total return of 8.5% for the quarter to the end March 2019, below its benchmark (DJ Islamic World Index Total Return in ZAR) performance. This performance brings the one year total performance of the Fund to 16.4% and annualised over the last three years to 0.9% (note that all returns are net of fees).
The fund’s performance was aided by its exposure to global consumer stocks. However, its exposure to the UK market and the continuing concerns around Brexit is weighing negatively on the fund performance.
  • Fund focus and objective  
The investment policy followed by the manager will focus on achieving growth for investors by investing in international equity securities, listed property, money market instruments and assets in liquid form that have been approved for investment by the Shari'ah Supervisory Board from time to time.
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