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0.43  /  0.15%


NAV on 2019/09/13
NAV on 2019/09/12 281.39
52 week high on 2019/06/13 285.82
52 week low on 2019/01/07 264.62
Total Expense Ratio on 2017/03/31 0.6
Total Expense Ratio (performance fee) on 2017/03/31 0
NAV Incl Dividends
1 month change 1.05% 1.05%
3 month change -1.4% 0.26%
6 month change 1.64% 3.34%
1 year change 2.94% 6.66%
5 year change 3.55% 6.93%
10 year change 6.81% 10.25%
Price data is updated once a day.
  • Sectoral allocations
Basic Materials 86.34 4.29%
Consumer Goods 43.70 2.17%
Consumer Services 25.49 1.27%
Derivatives 3.13 0.16%
Financials 274.11 13.61%
Fixed Interest 252.07 12.52%
Gilts 137.41 6.83%
Industrials 13.93 0.69%
Liquid Assets -2.39 -0.12%
Other Sec 7.12 0.35%
Technology 59.99 2.98%
Telecommunications 12.56 0.62%
Offshore 1099.83 54.63%
  • Top five holdings
PRUWORLDRET 501.96 24.93%
U-PRNAMMM 252.07 12.52%
VUKILE-NSX 76.16 3.78%
 NASPERS-N 51.07 2.54%
  • Performance against peers
  • Fund data  
Management company:
Prudential Portfolio Managers Unit Trusts Ltd.
Formation date:
ISIN code:
Short name:
Namibian CPI+4%
Contact details




  • Fund management  
Craig Butters
Craig is a Portfolio Manager at Prudential Investment Managers, with 19 years’ experience. He is co-Portfolio Manager of the Prudential Equity Fund and is also a member of Prudential’s Investment Committee. He is also responsible for equity research on banks and other financial and industrial stocks.
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.
Duncan Schwulst
With eleven years’ experience, Duncan is co-manager of two other Prudential funds. He is also responsible for equity analysis of the listed property companies and credit analysis of property company debt issuers.

  • Fund manager's comment

Prudential Namibia Inflation Plus comment - Mar 19

2019/05/28 00:00:00
The FTSE/JSE All Share (ALSI) returned 1.6% on a total return basis in March 2019. The All Bond Index returned 1.3%. Cash returned 0.6%.
The NSX Overall Index returned -2.0% and the NSX Local Index returned 2.9% on a total return basis in March. Over a 12-month period the NSX Overall Index returned -0.1% against 3.3% for the Local Index. The IJG All Bond Index returned 1.4% in March and 10.5% over 12 months. The IJG Money Market Index increased by 0.6% in March and by 7.7% over 12 months.
The Namibian dollar weakened by 3.3% against the US dollar, 1.9% against the euro and 1.0% against the pound sterling in March 2019.
The fund realised a total return of 1.2% for the month. Contributing to absolute performance was the fund’s position in foreign equities (excluding property), foreign bonds, and SA equities (excluding property). This brings the one year performance of the fund to 7.8% (after fees).
The fund delivered a return of 11.1% per annum since inception (after fees) whilst NCPI inflation has increased by 5.6% per annum over the same period.
  • Fund focus and objective  
The Prudential Namibian Inflation Plus Fund aims to produce above inflation (or real) returns by investing in inflation linked bonds, other interest bearing securities and equities.
The fund will target a benchmark return of Namibian Headline Inflation plus 4% over a rolling three year period (before fees).
Who should invest?
The Fund is ideal for those saving for retirement, those already living off a pension and those wanting to protect their savings from the detrimental effects of inflation, thereby preserve purchasing power and earn a real return.
Key attributes of the Fund
The Fund aims to achieve real returns (returns above inflation). Returns of the Fund are measured against inflation, not the competition allowing the manager to focus on reducing risk in achieving this target return.
As the Fund targets real returns, the uncertainty of inflation is removed from retirement planning. The real return mandate of the fund is therefore focused and pertinent and the relevant results are easily monitored.
The Fund is backed by Prudential's extensive global expertise and depth of resources.
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