0.04  /  0.05%

85.77

NAV on 2020/08/11
NAV on 2020/08/10 85.7286
52 week high on 2020/03/30 86.6391
52 week low on 2020/08/03 85.6571
Total Expense Ratio on 2020/06/30 0.86
Total Expense Ratio (performance fee) on 2020/06/30 0
NAV
Incl Dividends
1 month change -0.06% 0.36%
3 month change -0.06% 1.32%
6 month change -0.61% 2.49%
1 year change -0.58% 6.28%
5 year change -0.28% 7.85%
10 year change -0.32% 6.95%
Price data is updated once a day.
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  • Sectoral allocations
Fixed Interest 107.40 0.94%
Gilts 8657.89 76.10%
Liquid Assets -30.58 -0.27%
Money Market 2642.54 23.23%
  • Top five holdings
MM-08MONTH 606.56 5.33%
MM-10MONTH 599.20 5.27%
MM-07MONTH 304.79 2.68%
MM-05MONTH 251.27 2.21%
MM-11MONTH 232.24 2.04%
  • Performance against peers
  • Fund data  
Management company:
STANLIB Collective Investments (RF) (Pty) Limited
Formation date:
1978/11/28
ISIN code:
ZAE000021572
Short name:
U-SLEINCR
Risk:
Unknown
Sector:
South African--Interest Bearing--Short Term
Benchmark:
STeFI Composite index
Email
contact@stanlib.com

Website
http://www.stanlib.com

Telephone
011-448-6000

  • Fund management  
Victor Mphaphuli
Victor joined SCMB Treasury in 1996 as a trainee dealer in the foreign exchange markets and later moved to Nedcor Investment Bank as a capital markets dealer. In early 2001, he joined Libam's fixed interest team as a capital markets dealer and assistant to Henk Viljoen.
Mary Hartigan
Mary trained as a money market dealer at CM Interbank in 1989 before moving to Brait, Decillion and Grindrod Bank. She joined STANLIB’s institutional sales desk in 2008 before moving over to the dealing room as amoney market dealer and assistant portfolio manager.


  • Fund manager's comment

STANLIB Extra Income Fund - Dec 19

2020/03/02 00:00:00
For the quarter under review the fund increased in size from R11.1 billion to R12 billion. The modified duration of the fund remained at 0.11 years at the end of September. The fund continued to deliver cash-plus returns over the quarter.
  • Fund focus and objective  
The STANLIB EXTRA INCOME FUND will invest its assets in South African markets at all times and will be permitted to invest in a flexible mix of non-equity securities, including but not limited to money market instruments, bonds, fixed deposits, listed debentures and other high yielding securities, as well as any other securities which may be approved by the Registrar from time to time and which are consistent with the investment policy of the portfolio, to the maximum levels permitted by the Collective Investment Schemes Control Act, No. 45 of 2002, and the Regulations thereto, as amended from time to time. In respect of the flexible nature of this portfolio, the portfolio may thus be fully invested in any of the above-mentioned asset classes at any particular time, while complying with the maximum weighted average modified duration of 2 years of the portfolio.
The portfolio will be managed in compliance with the Prudential Investment Guidelines that are applicable to retirement funds from time to time.Nothing contained in this supplemental deed shall preclude the manager from varying the ratios of securities to best position the portfolio to achieve its objective in a changing economic environment or market conditions or to meet the requirements, if applicable, of any exchange recognised in terms of the Act and from retaining cash or placing cash on deposit in terms of the deed and any supplemental deeds.The STANLIB EXTRA INCOME FUND may from time to time invest in financial instruments, in accordance with the provisions of the Collective Investment Schemes Control Act, No. 45 of 2002, and the Regulations thereto, as amended from time to time, in order to achieve the portfolio's investment objective.The STANLIB EXTRA INCOME FUND will be permitted to invest its assets in foreign investment markets.
For the purpose of this portfolio, the 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.The trustee shall ensure that the investment policy set out in this supplemental deed is carried out.'
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