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-0.09  /  -0.07%


NAV on 2021/09/16
NAV on 2021/09/15 120.4
52 week high on 2021/08/24 123.5
52 week low on 2020/10/30 94.4
Total Expense Ratio on 2021/06/30 1.36
Total Expense Ratio (performance fee) on 2021/06/30 0
Incl Dividends
1 month change -2.08% -2.08%
3 month change 2% 2%
6 month change 3.18% 4.08%
1 year change 19.94% 22.78%
5 year change 0% 0%
10 year change 0% 0%
Price data is updated once a day.
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  • Sectoral allocations
Fixed Interest 40.25 13.18%
General Equity 96.26 31.53%
Managed 69.25 22.68%
Real Estate 36.18 11.85%
Spec Equity 63.36 20.75%
  • Top five holdings
U-MSCIACO 57.34 18.78%
U-CENFLEX 51.90 17%
U-CATFLPP 36.18 11.85%
U-MMRGCEF 33.72 11.05%
U-RMISMUN 20.18 6.61%
  • Performance against peers
  • Fund data  
Management company:
Prescient Management Company Ltd. (PIM)
Formation date:
ISIN code:
Short name:
South African--Multi Asset--High Equity
Consumer Price Index plus 6% over a rolling five-year period



  • Fund management  
PMK Consulting Services (Pty) Ltd.

  • Fund manager's comment
No fund manager's comment available.
  • Fund focus and objective  
The Manager in selecting collective investment schemes for the portfolio will aim to achieve performance returns in line with the South African Consumer Price Index plus 6% over a rolling seven-year period. It will seek to capture relative value opportunities by investing in a broad range of asset classes and will further focus on manager selection opportunities. In order to achieve this objective, the PMK Managed Prescient Fund of Funds will, apart from assets in liquid form, consist solely of participatory interest in collective schemes which will invest in a diversified mix of assets, including but not limited to equities, bonds, property, preference shares, money market and fixed interest instruments, including listed and unlisted financial instruments as determined by the legislation from time to time. The equity allocation will be managed at a maximum effective exposure, including offshore equity, up to 75% and a maximum effective property exposure, including offshore property, up to 25%. The portfolio will predominantly invest in South African markets but is however permitted to include investments in offshore jurisdictions subject to the investment conditions determined by legislation from time to time.
The portfolio will be subject to the Prudential Investment Guidelines for South African Retirement Funds, being Regulation 28 of the Pension Funds Act, or such other legislation published from time to time.
The Fund of Funds portfolio as permitted in Par 10(k) of Chapter III of Board Notice 90 of 2014 will be allowed to enter into financial transactions for the exclusive purpose of hedging exchange risk subject to the conditions and limitations as stipulated in Chapter V of Board Notice 90 of 2014 or as determined by legislation from time to time.
The portfolio may apart from assets in liquid form also include participatory interests or any other form of participation in portfolios of collective investment schemes or other similar schemes. Where the aforementioned schemes are operated in territories other than in South Africa, participatory interests or any other form of participation in these schemes will be included in the portfolio only where the regulatory environment is to the satisfaction of the manager and trustee and is of a sufficient standard to provide investor protection at least equivalent to that in South Africa. Nothing in the supplemental deed shall preclude the manager from varying the ratios of securities, to maximise capital growth and investment potential in changing economic environments or market conditions or to meet the requirements, if applicable, of any exchange formally recognised in terms of legislation and from retaining cash or placing cash on deposit in terms of the Deed and any Supplemental Deeds thereto; provided that the manager shall ensure that the aggregate value of the assets comprising the portfolio shall consist of securities of the aggregate value required from time to time by the Act. The Trustee shall ensure that the investment policy set out in this supplemental deed, the Deed and in all Supplemental Deeds thereto is carried out.
For the purpose of this portfolio, the manager in consultation with the Investment 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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