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0.4  /  0.14%

280.42

NAV on 2019/05/21
NAV on 2019/05/20 280.02
52 week high on 2019/04/25 285
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 -0.99% -0.99%
3 month change 2.27% 2.27%
6 month change 4.31% 6.29%
1 year change 2.54% 6.34%
5 year change 3.99% 7.27%
10 year change 7.11% 10.7%
Price data is updated once a day.
  • Sectoral allocations
Basic Materials 92.66 4.69%
Consumer Goods 49.95 2.53%
Consumer Services 26.33 1.33%
Derivatives 3.28 0.17%
Financials 307.64 15.59%
Fixed Interest 196.88 9.97%
Gilts 82.52 4.18%
Industrials 13.84 0.70%
Liquid Assets 0.16 0.01%
Money Market 0.07 0.00%
Other Sec 6.15 0.31%
Technology 54.61 2.77%
Telecommunications 8.96 0.45%
Offshore 1130.81 57.29%
  • Top five holdings
PRUWORLDRET 500.81 25.37%
U-PRNAMMM 196.88 9.97%
VUKILE-NSX 79.37 4.02%
 NASPERS-N 49.53 2.51%
ORYXPROPERTIE 46.16 2.34%
  • Performance against peers
  • Fund data  
Management company:
Prudential Portfolio Managers Unit Trusts Ltd.
Formation date:
2003/09/15
ISIN code:
ZAE000049714
Short name:
N-PRUINFL
Risk:
Unknown
Sector:
Regional--Namibian--Unclassified
Benchmark:
Namibian CPI+4%
Contact details

Email
info@prudential.co.za

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

Telephone
021-670-5100

  • 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 - Dec 15

2016/03/15 00:00:00
The FTSE/JSE All Share (ALSI) declined 1.7% on a total return basis in December 2015. The All Bond Index declined 6.7% and the Inflation- Linked Bond Index declined 1.8%. Cash returned 0.5%.
The NSX Overall Index declined 8.4% and the NSX Local Index gained 1.4% on a total return basis. Over a 12-month period the NSX Overall Index returned -17.8% versus 34.3% for the Local Index. The IJG All Bond Index declined 3.2% in December and over 12 months, 1.1%. The IJG Money Market Index increased by 0.6% in December and over 12 months, 6.5%. The Namibian Dollar weakened 6.9% against the US Dollar, 9.5% against the Euro and 5.0% against the Pound in December 2015.
The Fund realised a total return of -0.3% for the month and 10.4% over a one-year period. The key contributors to performance this month came from the Fund’s position in foreign cash and equity (excluding property). The Fund delivered a return of 12.6% per annum since inception (after fees) whilst NCPI inflation has increased by 3.4% per annum.
  • 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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