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NAV on 2021/02/26
NAV on 2021/02/25 103.158
52 week high on 2021/02/18 104.127
52 week low on 2020/03/23 81.8
Total Expense Ratio on 2020/12/31 1.58
Total Expense Ratio (performance fee) on 2020/12/31 0
Incl Dividends
1 month change 5.62% 5.62%
3 month change 9.28% 10.23%
6 month change 13.12% 15.15%
1 year change 8.24% 13.38%
5 year change 0% 0%
10 year change 0% 0%
Price data is updated once a day.
Click and drag to zoom in on timeline.
  • Sectoral allocations
Basic Materials 311.22 14.60%
Consumer Goods 98.39 4.62%
Consumer Services 78.07 3.66%
Derivatives 72.93 3.42%
Financials 280.67 13.17%
Fixed Interest 0.00 0.00%
Health Care 36.51 1.71%
Industrials 26.97 1.27%
Liquid Assets 164.91 7.74%
Money Market 138.42 6.49%
SA Bonds 710.01 33.31%
Specialist Securities 25.91 1.22%
Technology 155.09 7.28%
Telecommunications 32.63 1.53%
  • Top five holdings
 NASPERS-N 125.85 5.9%
MM-05MONTH 86.58 4.06%
FUTURES M 71.89 3.37%
 BATS 66.18 3.1%
MM-06MONTH 49.71 2.33%
  • Performance against peers
  • Fund data  
Management company:
Momentum Collective Investments Limited
Formation date:
ISIN code:
Short name:
South African--Multi Asset--Low Equity
CPI for all urban areas + 3% (net of fees), calculated over rolling four year periods


0860-111-899 (Client Services)

  • Fund management  
Jako F de Jager
Eugene Botha

  • Fund manager's comment
No fund manager's comment available.
  • Fund focus and objective  
The Momentum SA Defensive Growth Fund is a multi-strategy absolute return portfolio with the objective to secure consistent real returns net of fees in excess of inflation + 3% p.a. over rolling four year periods with a low probability of a negative return over a year.
The portfolio provides diversification benefits by blending managers with differentiated absolute-return strategies. The portfolio will consist of equity securities, property securities, non-equity securities, money market instruments, preference shares, government and corporate bonds, inflation linked bonds and other interest bearing securities, assets in liquid form and participatory interest or any other forms of participation in portfolios of collective investments or other similar schemes as the Act may allow from time to time and are consistent with the portfolios investment objective. The manager may also include interest rate swap transactions for efficient portfolio management purposes.
The portfolio will be managed in line with prudential investment guidelines for retirement funds in South Africa to the extent allowed for by the Act. To provide modest growth in income and capital over the long term with a limited level of capital protection the portfolios equity exposure will not exceed 40% of the portfolios net asset value. The portfolio will have no foreign exposure.
The portfolio may from time to time invest in listed and unlisted financial instruments, in accordance with the provisions of the Act and applicable legislation as amended from time to time, in order to achieve the portfolio's investment objective.
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.
For the purposes 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 manage the portfolio in accordance with its mandate. The manager may once a portfolio has bene closed open that portfolio again to new investors on a date determined by the manager.

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