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-1.13  /  -0.61%

186.04

NAV on 2019/03/22
NAV on 2019/03/21 187.17
52 week high on 2018/04/30 238.78
52 week low on 2019/03/22 186.04
Total Expense Ratio on 2018/12/31 1.21
Total Expense Ratio (performance fee) on 2018/12/31 0
NAV Incl Dividends
1 month change -5.65% -4.45%
3 month change -2.96% -1.72%
6 month change -14.17% -10.83%
1 year change -19.86% -13.75%
5 year change 2.09% 7.94%
10 year change 0% 0%
Price data is updated once a day.
  • Sectoral allocations
Financials 162.21 91.84%
Fixed Interest 13.89 7.86%
Liquid Assets 0.53 0.30%
  • Top five holdings
 VUKILE 15.02 8.5%
 STOR-AGE 14.58 8.26%
 REDEFINE 14.47 8.2%
U-SBKCMM 13.89 7.86%
 EQUITES 13.01 7.37%
  • Performance against peers
  • Fund data  
Management company:
Boutique Collective Investments (RF) (Pty) Ltd.
Formation date:
2009/06/15
ISIN code:
ZAE000133682
Short name:
U-MXCEPRO
Risk:
Unknown
Sector:
South African--Real Estate--General
Benchmark:
FTSE JSE J253T
Contact details

Email
clientservices@bcis.co.za

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

Telephone
021-007-1500

  • Fund management  
Plexus Wealth (Pty) Ltd.


  • Fund manager's comment

The X Funds MET Property comment - Sep 12

2012/11/14 00:00:00
The SA Listed property Index (J253) recorded a total return of -3.27% in September 2012. The Property Loan Stock Index (J256) and property Unit Trust Index (J255) recorded returns of -3.78% and -1.41% respectively over the same period. Capital markets firmed during the month with the yield to maturity (YTM) on the Long Term Government Bond Index ending the month at 6.86% (6.97% - 31st August 2012). The historic 12 month rolled yield of the SA listed property sector de-rated relative to the 10 year government bond YTM and ended the month weaker at 6.49% (6.20% - 31st August 2012).
SA Equities recorded the highest total return (1.64%) of the four traditional asset classes for September. SA Bonds (0.90%) and SA Cash (0.40%) were the next best performing asset classes for the month. For the last 12 months SA Listed Property, as an asset class, has recorded the highest total return (37.71%), followed by SA Equities (24.43%), SA Bonds (16.99%) and Cash (5.61%).
Having earlier acquired the management company, Redefine's proposal to Fountainhead to now acquire the latter's property portfolio progressed in early October. Redefine wishes to issue both its own shares and Hyprop shares for payment in what will essentially be a swap. Certain properties will be excluded from the deal. It appears the process is being pursued in consultation with all parties.
  • Fund focus and objective  
The portfolio may invest in real estate securities and property securities, property related securities and participatory interests in collective investment schemes in property listed on exchanges, non-equity securities and assets in liquid form. The portfolio may also invest in participatory interests and other forms of participation in portfolios of 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.
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