0.89 /
0.43%
206.85
NAV on 2021/02/25
| NAV on 2021/02/24 |
205.96 |
| 52 week high on 2021/02/16 |
207.45 |
| 52 week low on 2020/03/23 |
157.44 |
| Total Expense Ratio on 2020/09/30 |
1.94 |
| Total Expense Ratio (performance fee) on 2020/09/30 |
0 |
| Fixed Interest |
16.73 |
25.20% |
| General Equity |
9.94 |
14.98% |
| Liquid Assets |
0.37 |
0.56% |
| Managed |
0.00 |
0.00% |
| Real Estate |
1.47 |
2.22% |
| Spec Equity |
10.08 |
15.19% |
| Specialist Securities |
18.49 |
27.86% |
| Offshore |
9.28 |
13.99% |
|
U-NEWGOVI |
12.12 |
18.26% |
|
U-CORSTRI |
8.45 |
12.73% |
|
U-BCIINCP |
8.28 |
12.47% |
|
U-CORRESO |
5.28 |
7.96% |
|
U-SELEEEF |
3.46 |
5.22% |
Management company:
Boutique Collective Investments (RF) (Pty) Ltd. |
Formation date:
2007/06/20 |
ISIN code:
ZAE000093233 |
Short name:
U-FINAL+3 |
Risk:
Unknown |
Sector:
South African--Multi Asset--Low Equity |
Benchmark:
CPI + 3% p.a. |
Montrose AM
Financial Alliance Inflation +3%FoF comment-Dec 08
2009/03/18 00:00:00
Markets experienced a mini bull run towards the end of 2008. This perhaps is indication that that the stimulus measures announced by a number of governments last year are beginning to bear fruit. In addition, public works programmes were announced by the US and UK monetary authorities. Stronger market performance was experienced particularly in Europe where gains of 3.5% average were registered. At home the economy continued to experience contraction. However the out look for inflation has improved significantly with major indicators such as money supply, CPIX inflation and growth in credit extension all trending downwards. This augurs well for interest rates, which we expect to continue falling. The FTSE/JSE All Share Index gained 1.5% supported by strong industrials. Fixed interest also performed well with the All Bond index rising by 7.0%.
The Montrose BCI Cautious Fund of Funds is a specialist portfolio with the objective to secure consistent real total returns in excess of inflation plus 3% p.a. over any rolling 3 year period. In selecting underlying portfolios for this portfolio and in determining the portfolio asset allocation, the manager shall seek to achieve this objective, where possible, regardless of stock market trends. This fund comply with Regulation 28.
