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-0.65  /  -0.31%

207.02

NAV on 2019/11/14
NAV on 2019/11/13 207.67
52 week high on 2019/04/24 211.58
52 week low on 2019/01/04 190.75
Total Expense Ratio on 0
Total Expense Ratio (performance fee) on 0
NAV Incl Dividends
1 month change 1.87% 1.87%
3 month change 4.1% 4.1%
6 month change 0.78% 2.17%
1 year change 4.78% 7.72%
5 year change 4.07% 6.62%
10 year change 7.64% 9.65%
Price data is updated once a day.
  • Sectoral allocations
Basic Materials 39.37 5.91%
Consumer Goods 32.50 4.88%
Consumer Services 13.56 2.03%
Derivatives 120.96 18.14%
Financials 108.88 16.33%
Fixed Interest 125.65 18.85%
Gilts 3.95 0.59%
Health Care 0.89 0.13%
Industrials 4.19 0.63%
Liquid Assets -112.96 -16.94%
Other Sec 4.12 0.62%
Technology 35.49 5.32%
Telecommunications 8.11 1.22%
Offshore 282.02 42.30%
  • Top five holdings
O-PRWWMAN 204.02 30.6%
U-PRNAMMM 125.65 18.85%
DERIVATIVB 112.65 16.9%
 NASPERS-N 20.03 3%
VUKILE-NSX 17.60 2.64%
  • Performance against peers
  • Fund data  
Management company:
Prudential Portfolio Managers Unit Trusts Ltd.
Formation date:
2008/08/01
ISIN code:
ZAE000121356
Short name:
N-PRUBAL
Risk:
Unknown
Sector:
Regional--Namibian--Unclassified
Benchmark:
Morningstar Moderate Allocation Category Mean
Contact details

Email
info@prudential.co.za

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

Telephone
021-670-5100

  • Fund management  
Prudential Portolio Managers

Michael Moyle
Michael is Head of Real Return at Prudential Investment Managers, with 19 years’ experience. He is co-Portfolio Manager of four Prudential unit trust funds, and has won several Raging Bull & Morningstar Awards. Michael is primarily responsible for helping determine asset allocation in our multi-asset funds and institutional mandates.


  • Fund manager's comment

Prudential Namibian Balanced comment - Sep 19

2019/10/25 00:00:00
The FTSE/JSE All Share Index (ALSI) returned 0.2% on a total return basis in September 2019. The All Bond Index returned 0.5%. Cash returned 0.6%.
The NSX Overall Index returned 4.9% and the NSX Local Index returned 6.5% on a total return basis in September. Over a 12-month period the NSX Overall Index returned 0.5% versus 5.5% for the Local Index. The IJG All Bond Index returned 0.4% in September and 15.7% over 12 months. The IJG Money Market Index increased by 0.6% in September and by 7.6% over 12 months.
The Namibian dollar strengthened 1.1% against the euro and 0.1% against the US dollar, but weakened 1.1% against the pound sterling in September 2019.
The fund realised a total return of 1.6% for the month. Contributing to absolute performance was the fund’s exposure to international and Namibian equities (excluding property). This brings the one-year performance of the fund to 2.1% (after fees).
The fund delivered a return of 8.3% per annum since inception (after fees) whilst the NCPI inflation index has increased by 5.4% per annum over the same period.
  • Fund focus and objective  
The Fund aims to achieve steady growth of capital and income through global asset allocation and superior stock selection across all industry sectors.
Those investors seeking a suitable vehicle for retirement provision and those investors wishing to tilt their portfolio to value with controlled risk exposure.
The Fund aims to achieve steady growth of capital and income through investments in an actively managed, diversified combination of domestic and international assets where the asset allocation is tactically managed. The Fund is managed to comply with regulations governing retirement fund investments in Namibia.
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