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0.02  /  0.02%

100.64

NAV on 2019/09/18
NAV on 2019/09/17 100.62
52 week high on 2019/05/31 102.25
52 week low on 2019/03/01 100.24
Total Expense Ratio on 2019/06/30 0.54
Total Expense Ratio (performance fee) on 2019/06/30 0
NAV Incl Dividends
1 month change -1.28% 0.66%
3 month change 0.04% 2%
6 month change 0.02% 4.08%
1 year change 0.05% 8.16%
5 year change 0.18% 7.96%
10 year change 0% 0%
Price data is updated once a day.
  • Sectoral allocations
Fixed Interest 0.08 0.01%
Gilts 456.82 72.05%
Liquid Assets 0.73 0.11%
Money Market 176.45 27.83%
  • Top five holdings
MM-02MONTH 43.50 6.86%
MM-33MONTH 36.62 5.77%
MM-16MONTH 22.42 3.54%
MM-03MONTH 22.12 3.49%
MM-22MONTH 12.23 1.93%
  • Performance against peers
  • Fund data  
Management company:
Prime Collective Investment Schemes
Formation date:
2010/07/28
ISIN code:
ZAE000155958
Short name:
U-PRIINCP
Risk:
Unknown
Sector:
South African--Interest Bearing--Short Term
Benchmark:
SteFi Composite
Contact details

Email
info@primeinvestments.co.za

Website
www.PRIMEinvestments.co.za

Telephone
010-594-2100



  • Fund manager's comment

Prime Income Plus comment - Mar 19

2019/05/28 00:00:00
The country’s growth outlook was revised lower for 2019, reflecting an expectation of a decline in business confidence, further electricity supply disruptions and general slowdown in the global economy. The FRA curve moved lower post the MPC decision and the Moody’s announcement, therefore projecting a cut in the repo rate in December 2019. the fund is well positioned to take advantage of the current economic climate.
  • Fund focus and objective  
The primary objective of the Prime Income Plus Fund is to earn a higher level of income over and above that achieved by a traditional money market portfolio.
The fund will actively invest in a variety of money market, bond, fixed interest and similar instruments. A range of investments in premium quality financial instruments and institutions moderates risk through diversification. The fund aims to outperform traditional money market portfolios.
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