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-0.85  /  -0.46%

185.17

NAV on 2021/02/25
NAV on 2021/02/24 186.02
52 week high on 2021/02/24 186.02
52 week low on 2020/03/24 135.98
Total Expense Ratio on 2020/09/30 2.01
Total Expense Ratio (performance fee) on 2020/09/30 0
NAV
Incl Dividends
1 month change 2.81% 2.81%
3 month change 6.06% 7.7%
6 month change 8.87% 10.55%
1 year change 4.78% 11.03%
5 year change 1.71% 4.51%
10 year change 5.21% 7.49%
Price data is updated once a day.
Click and drag to zoom in on timeline.
  • Sectoral allocations
Bond Funds 73.25 29.51%
Fixed Interest 48.79 19.65%
General Equity 89.63 36.10%
Liquid Assets 0.52 0.21%
Spec Equity 36.05 14.52%
Offshore 0.00 0.00%
  • Top five holdings
U-FAIRTRE 39.73 16%
U-INVCORP 36.94 14.88%
U-AYEQUTY 36.71 14.79%
U-CORBOND 36.63 14.76%
U-AGBOND 36.62 14.75%
  • Performance against peers
  • Fund data  
Management company:
Boutique Collective Investments (RF) (Pty) Ltd.
Formation date:
2008/02/05
ISIN code:
ZAE000108569
Short name:
U-AMITPRU
Risk:
Unknown
Sector:
South African--Multi Asset--Medium Equity
Benchmark:
CPI + 5% p.a.
Email
clientservices@bcis.co.za

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

Telephone
021-007-1500

  • Fund management  
Tavonga Chivizhe
Tavonga Chivizhe has an Honours degree in Actuarial Science from the University of Cape Town. He has’ 8 years experience in financial markets. Tavonga is currently the Chief Investment Officer at Boutique Investment Partners and co-portfolio manager for Rebalance Fund Managers. Tavonga is responsible for investment strategy and direction.


  • Fund manager's comment

Amity MET Prudent FoF comment - Sep 13

2013/11/22 00:00:00
Risk-on was the theme for the month of September as investors clamoured for risky assets after the Fed decided to hold off on their tapering strategy until they had better assurances from economic growth and performance indicators. Global markets were boosted by the news and had an exceptional month. The MSCI World Index and the MSCI Emerging Markets Index returned 4.82% and 6.23% respectively, while MSCI Africa ex SA returned 5.42% in dollars. German, Japanese and French markets delivered close to and over 8% in dollar terms, while the S&P 500 returned 3%.
Local markets began the month on a cautious note as labour unrest began to take hold of the key export sectors in motoring and gold mining. This however did not fail to hamper the All Share rally, which reached a new high of over 44,000 index points. The All Share delivered 5.08%, which was driven by industrials (4.25%) and financials (6.32%) while resources returned 1.96%. Large caps delivered 5.66%, while mid-caps and small-cap shares returned 4.91% and 6.23% respectively.
Investors also benefitted from a substantial rally in both local bonds and listed property, with the All Bond index up 3.9%, Inflation-linked bonds up 2.91% and local listed property up a stellar 6.71% on the back of improving fundamentals, a stronger rand and lower bond yields.
The rand ended the month stronger against the dollar at R10, while flat against the Euro (R13.55) and slightly weaker against the sterling (R16.25). Inflation remains vulnerable in South Africa as it is currently above the target bands at 6.43%, and continues to face upward pressures from the weakening rand and the impact of the higher unitised costs of labour.
  • Fund focus and objective  
Investments to be included in the Amity Prudent Fund of Funds will, apart from assets in liquid form, consists solely of participatory interests and other forms of participation of local and global collective investment schemes, or other similar schemes operated in territories with a regulatory environment which is to the satisfaction of the manager and trustee of a sufficient standard to provide investor protection at least equivalent to that in South Africa and which is consistent with the portfolio's primary objective, investing in equity securities, property securities, non-equity securities, preference shares, bonds, money market instruments and assets in liquid form. Max 60% equity exposure (incl. international equity). 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
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