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  •  Obsidian Sanlam Collective Investments Balanced Fund (B1)
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3.11  /  0.23%

1336.6

NAV on 2019/07/23
NAV on 2019/07/22 1333.49
52 week high on 2019/04/23 1394.55
52 week low on 2019/01/02 1232.25
Total Expense Ratio on 2019/03/31 1.21
Total Expense Ratio (performance fee) on 2019/03/31 0
NAV Incl Dividends
1 month change -2.09% 0.21%
3 month change -4.16% -1.9%
6 month change 4.95% 7.42%
1 year change 2.81% 7.37%
5 year change 3.66% 7.09%
10 year change 0% 0%
Price data is updated once a day.
  • Sectoral allocations
Basic Materials 114.92 12.80%
Consumer Goods 41.52 4.62%
Consumer Services 25.78 2.87%
Derivatives 2.45 0.27%
Financials 133.60 14.88%
General Equity 14.28 1.59%
Gilts 198.65 22.12%
Industrials 1.62 0.18%
Liquid Assets 9.56 1.07%
Other Sec 8.14 0.91%
Specialist Securities 40.07 4.46%
Technology 52.93 5.89%
Telecommunications 28.04 3.12%
Offshore 226.44 25.22%
  • Top five holdings
 ABSA 43.95 4.83%
 NASPERS-N 34.77 3.82%
 MTN GROUP 32.04 3.52%
GRUPOFINBANOR 26.88 2.95%
 STANBANK 26.41 2.9%
  • Performance against peers
  • Fund data  
Management company:
Sanlam Collective Investments
Formation date:
2013/10/01
ISIN code:
ZAE000184214
Short name:
U-OBSBALA
Risk:
Unknown
Sector:
South African--Multi Asset--High Equity
Benchmark:
Median of high equity category
Contact details

Email
No email address listed.

Website
No website listed.

Telephone
021-947-9111

  • Fund management  
Royce Long
Royce completed his articles with KPMG and then spent a year in England with a leading financial institution. He joined RMB Asset Management in 1994 as a research analyst and portfolio manager, responsible for the Financial team and asset allocation within this category. Royce is the joint portfolio manager for the RMB Financial Services Fund and the RMB Strategic Opportunities Fund.
Richard Simpson
Richard joined RMB Asset Management in 1994 after a brief spell at the Anglo American Corporation. Richard is currently the Chief Strategist at RMB Asset Management and takes responsibility for commodities research and portfolio management. Richard manages the RMB Conservative Fund of Funds, the RMB Income Plus Fund of Funds, the RMB Moderate Fund of Funds and jointly manages the RMB Strategic Opportunities Fund.


  • Fund manager's comment

2017/07/11 00:00:00
The primary objective of this fund is to deliver capital growth over the medium-to-long term. Because the fund is diversified across a number of asset classes, it aims to generate those returns taking only moderate risks.
  • Fund focus and objective  
The portfolio will invest in a combination of equities, bonds, money market instruments, listed property as well as international equities and fixed interest investments. The portfolio will be broadly diversified across asset classes. Active asset allocation and securities selection strategies appropriate to the needs of moderate investors will be followed. This portfolio will be managed in accordance with regulations governing pension funds. The exposure to equities will not exceed 75%. The investment manager will also be allowed to invest in listed and unlisted financial instruments (derivatives) as allowed by the Act from time to time in order to achieve its investment objective. This portfolio will be managed by Obsidian Capital (Pty) Ltd and will at no time replicate any other Sanlam balanced portfolio.
Apart from the above, the portfolio may also invest in participatory interests of portfolios of collective investment schemes registered in the Republic of South Africa or of participatory interest in collective investment schemes or other similar schemes operated in territories with a regulatory environment which is to the satisfaction of the manager and the trustee of a sufficient standard to provide for investor protection which is at least equivalent to that in South Africa.
The Trustee shall ensure that the investment policy set out in the preceding clauses are adhered to; provided that nothing contained in this clause shall preclude the Manager from varying the proportions of securities in terms of changing economic factors or market conditions or from retaining cash in the portfolio and/or placing cash on deposit.
The Manager shall be permitted to invest on behalf of the Obsidian Sanlam Collective Investments Balanced Fund in offshore investments as legislation permits.
For the purpose 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 be able to manage the portfolio in accordance with its mandate. The Manager may, once a portfolio has been closed, open that portfolio again to new investors on a date determined by the Manager.
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