-0.11  /  -0.05%

221.96

NAV on 2020/10/22
NAV on 2020/10/21 222.0673
52 week high on 2019/12/18 228.1973
52 week low on 2020/03/24 191.9124
Total Expense Ratio on 2020/06/30 1.71
Total Expense Ratio (performance fee) on 2020/06/30 0
NAV
Incl Dividends
1 month change 1.4% 1.4%
3 month change 0.72% 0.72%
6 month change 3.57% 5.78%
1 year change -1.14% 2.97%
5 year change 0.7% 4.79%
10 year change 3.36% 7.09%
Price data is updated once a day.
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  • Sectoral allocations
Bond Funds 184.73 15.36%
Fixed Interest 495.72 41.22%
General Equity 236.76 19.69%
Liquid Assets -1.66 -0.14%
Real Estate 42.30 3.52%
Offshore 244.85 20.36%
  • Top five holdings
U-SLMMINA 258.26 21.47%
U-STMMENY 237.46 19.74%
U-SLMMEQA 236.76 19.69%
O-LEEQUI 191.77 15.95%
U-SMMBOND 184.73 15.36%
  • Performance against peers
  • Fund data  
Management company:
STANLIB Collective Investments (RF) (Pty) Limited
Formation date:
2002/01/02
ISIN code:
ZAE000035408
Short name:
U-SLMMLEF
Risk:
Unknown
Sector:
South African--Multi Asset--Low Equity
Benchmark:
FTSE/JSE SWIX Index 15%, BEASSA ALBI Index 35%, STeFI Call Deposit 25%, FTSE/JSE SAPY Index 5%, MSCI AC World IMI Index 10%, Barclays Global Multiverse Index 7%, 50% Overnight Dollar Libor Rate, 50% Overnight Euro Libor Rate 3%
Email
contact@stanlib.com

Website
http://www.stanlib.com

Telephone
011-448-6000

  • Fund management  
Malcolm Holmes
Malcolm Holmes has 11 years investment experience and has been a portfolio manager in his own right, which makes him the perfect candidate to oversee the evaluation of the underlying managers and their portfolios. As the head portfolio manager, Malcolm is the key person responsible for product development and design at STANLIB Multi-Manager. He is responsible for ensuring that our products meet their investment objectives and that the underlying managers meet their mandates.
STANLIB Multi-Manager
STANLIB Multi-Manager was established in 1999 and is the centre of excellence for multi-managed solutions within STANLIB. The investment team, led by Chief Investment Officer Joao Frasco, consists of an experienced team with a diverse set of investment skills. We have offices in Johannesburg and London, and currently have mandates in excess of R90 billion under stewardship. STANLIB Multi-Manager Funds are designed to deliver superior investment returns more consistently than through a single asset manager or mandate. Our approach allows investors’ to outsource the fund / manager selection decision, which includes the ongoing due diligence of managers and construction of portfolios, to meet pre-defined objectives over time. Risk management is a fundamental component of our investment philosophy and process and is therefore approached holistically. It permeates every part of our investment process, requiring participation and accountability from all individuals involved in the process.
Naweed Hoosenmia
Naweed joined the STANLIB Multi-Manager Research and Development Team at as a Quantitative Analyst. Prior to STANLIB, Naweed was a Portfolio Risk Analyst at Eminence Partners, a Johannesburg-based long/short equity hedge fund operated under the Peregrine fund platform.
Jennifer Henry
In addition to investment knowledge, Jennifer brings valuable experience and diversity to the team and it is expected that she will contribute at the highest level. Jennifer joined the team from Standard Bank Group Securities where she was an Equity Analyst covering Media, Electronic and IT stocks. She has over seven years of investment experience and has been highly rated in her area of expertise.
Nadeem Hoosen


  • Fund manager's comment

2020/03/02 00:00:00
The Fund’s objective is to provide modest long-term growth of capital and good income, with a low probability of capital loss over the short term. It aims to outperform CPI (South African Inflation) plus 3% p.a. (i.e. to provide a real return of 3% p.a.) over rolling 3-year periods.
  • Fund focus and objective  
The Fund adopts the specialist approach whereby exposure to each asset class is gained via a multi-managed building block. It is well diversified across domestic and foreign asset classes. Its main objective is to provide modest long-term growth of capital and income, with a low probability of capital loss over the short term. The Fund aims to achieve CPI+3% p.a over 3-year rolling periods. The Fund is exposed to multiple best-of-breed managers, investment styles, asset classes and strategies providing investors with additional diversification benefits. The tactical exposure to each asset class is actively managed - expected total equity content of between 20% and 30%. The Fund is regulation 28 compliant.
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