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0.43  /  0.41%


NAV on 2019/09/16
NAV on 2019/09/13 104.26
52 week high on 2019/06/13 107.83
52 week low on 2018/11/23 97.25
Total Expense Ratio on 2019/06/30 1.46
Total Expense Ratio (performance fee) on 0
NAV Incl Dividends
1 month change 1.9% 3.53%
3 month change -2.39% -0.82%
6 month change 0.62% 2.24%
1 year change -0.94% 2.08%
5 year change 0% 0%
10 year change 0% 0%
Price data is updated once a day.
  • Sectoral allocations
Basic Materials 9.40 6.12%
Consumer Goods 5.37 3.50%
Consumer Services 3.00 1.96%
Financials 10.89 7.10%
Fixed Interest 24.38 15.89%
General Equity 13.56 8.84%
Health Care 0.97 0.63%
Industrials 1.04 0.68%
Liquid Assets 4.01 2.61%
Other Sec 2.99 1.95%
Real Estate 3.12 2.04%
Spec Equity 10.31 6.72%
Specialist Securities 57.32 37.36%
Technology 5.88 3.83%
Telecommunications 1.16 0.76%
  • Top five holdings
U-PSCINC 14.81 9.66%
U-GLDIVCO 13.56 8.84%
U-CORTOP5 10.87 7.09%
U-DBTRWLD 10.85 7.07%
U-SATXDIV 9.60 6.25%
  • Performance against peers
  • Fund data  
Management company:
Boutique Collective Investments (RF) (Pty) Ltd.
Formation date:
ISIN code:
Short name:
South African--Multi Asset--High Equity
5% STeFI, 10% ALBI, 50% FTSE/JSE J203T, 10% FTSE/JSE SAPY J253T and 25% MSCI World index
Contact details




  • Fund management  
Imali Asset Management (Pty) Ltd

  • Fund manager's comment
No fund manager's comment available.
  • Fund focus and objective  
The objective of the Imali BCI Passive Balanced Fund is to offer investors a moderate to high long term total return mainly through the use of passive investment strategies. This will be achieved by investing mainly in exchange traded funds and index related securities. However, an active component may be included where deemed fit by the investment manager. Asset allocation and investment allocation factors may include factors such as market, defensive, quality, value and momentum strategies, and will be used with the aim to deliver better risk adjusted long term total returns than the market for similar risk profiled portfolios. The investment manager will apply and or rotate the factors and indices which they deem most appropriate to cater for the varying market conditions and investment cycles. The portfolio provides investors access to capital growth over the long term and may exhibit levels of volatility and possibly capital loss over the short term. The portfolio will be managed in compliance with prudential investment guidelines for retirement funds in South Africa to the extent allowed for by the Act with a maximum net equity exposure of 75% of the portfolio's asset value. 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 instruments, bonds, debentures, corporate debt, equity securities, property securities, preference shares, convertible equities, derivatives and non-equity securities. The manager may also 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 manager may also include unlisted forward currency, interest rate and exchange rate swap transactions for efficient portfolio management purposes. The trustee shall ensure that the investment policy, as set out above, is adhered to, provided that nothing contained in the investment policy shall preclude the manager from varying the proportions of the aforementioned securities and assets in liquid form, or the assets themselves, should changing economic factors or market conditions so demand. 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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