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-1.39  /  -0.6%

232.6

NAV on 2019/01/17
NAV on 2019/01/16 233.99
52 week high on 2018/09/03 253.45
52 week low on 2018/12/27 226.56
Total Expense Ratio on 2018/09/30 3.11
Total Expense Ratio (performance fee) on 2018/09/30 0
NAV Incl Dividends
1 month change 1.54% 1.54%
3 month change -2.46% -2.46%
6 month change -3.34% -3.34%
1 year change -7.89% -7.89%
5 year change 3.19% 3.61%
10 year change 7.41% 8.85%
Price data is updated once a day.
  • Sectoral allocations
Fixed Interest 7.04 7.52%
General Equity 52.63 56.25%
Liquid Assets -0.03 -0.03%
Managed 4.79 5.12%
Real Estate 9.84 10.51%
Spec Equity 19.30 20.62%
  • Top five holdings
U-COB6GWP 49.38 57.46%
U-SNETGBA 17.65 20.54%
U-DWPROP 7.42 8.63%
U-CONB1IN 6.54 7.61%
U-CONB6B 4.60 5.35%
  • Performance against peers
  • Fund data  
Management company:
Sharenet Investments (Pty) Ltd.
Formation date:
2005/10/21
ISIN code:
ZAE000072005
Short name:
U-DWCREAT
Risk:
Unknown
Sector:
South African--Multi Asset--High Equity
Benchmark:
CPI plus 5%
Contact details

Email
investments@sharenet.co.za

Website
www.sharenetinvestments.co.za

Telephone
021-700-4800

  • Fund management  
Kobus Louw
Kobus Louw hails from Port Elizabeth where he completed his B.Sc Hons degree, before graduating from Stellenbosch University with an MBA in 1988. He began his career in the actuarial division at Sanlam, later moving to the investment department. After a two-year period working at Unicorn Lines in Durban from 1979-80, Kobus helped to set up and manage an investment information systems department at Sanlam, after which he moved to the field of portfolio management at Sanlam Investment Management, eventually becoming head of Portfolio Management in 1998. In 1999, Kobus joined Cadiz Asset Management as one of its founding members in charge of new product development initiatives and the refocusing of the active management team's efforts. Kobus resigned from his position as Director and Chief Investment Officer at the end of 2004 and took up the CIO role at Contego Asset Management, focussing on the investment process and developing new offerings until 2016 when he joined Sharenet.
JC Louw
JC completed a B.Comm degree and MBA (Cum Laude) at Stellenbosch University. He started his career as part of the Greenwich Securities derivatives team in London in 1998. During his time in London he was exposed to a variety of global markets and asset classes, and became a member of the OTOB (European Derivative Exchange). In 2000 he joined Greenwich Asset Management in Cape Town as an investment analyst and a member of the investment team that later became part of NIB. In 2001he moved to PLJ Financial Services as a private client portfolio manager until 2003. JC was one of the founding members of Contego Asset Management and led the Asset Management division until 2016 when he joined Sharenet.
Sharenet Investments (Pty) Ltd.


  • Fund manager's comment

Clarus MET Wealth Creator FoF comment - Mar 14

2014/06/04 00:00:00
The pace of international economic growth slowed to 3.5% during Q4 2013 from 4% in Q3 2013. However, the pace of growth was sufficient to register economic growth of 3% for 2013, marginally lower than the 3.2% of 2012. Initial forecasts performed by the International Monetary Fund points to an acceleration in international economic growth to 3.6% in 2014. In South Africa economic developments were dominated by an increase of 50 basis points in the repo rate to 5.5%, and the on-going labour strikes in especially the platinum sector. These developments will constrain economic growth in Q1 2014 and also affect future earnings prospects of companies in the retail sector. During Q1 2014 the JSE ALSI gained 3.2% compared to Q4 2013, whilst the ALBI and SAPY increased 0.9% and 1.8% respectively.
  • Fund focus and objective  
The Sharenet BCI Aggressive Fund of Funds is a moderate to aggressive risk profile portfolio that aims to provide investors with a high long-term total return. 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. The portfolio's equity exposure is limited to a maximum of 75% of the portfolio's net asset value. Investments to be included in the portfolio will, apart from assets in liquid form, consists 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. The underlying portfolios will invest in, amongst others, equity securities, property securities, non-equity securities money market instruments, preference shares, listed and unlisted financial instruments, bonds and other interest bearing instruments and securities. To the extent that the assets in the portfolio are exposed to exchange rate risk, the manager may enter into financial transactions for the exclusive purpose of hedging such exchange rate risk subject to the conditions and limits as stipulated by the Act. Nothing in this Supplemental Deed shall preclude the manager from varying the ratios of securities or assets in liquid form in changing economic environment or market conditions, or to meet the requirements in terms of legislation and from retaining cash or placing cash on deposit in terms of the Deed and this Supplemental Deed. The Trustee shall ensure that the investment policy set out in this Supplemental Deed is carried out.
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