0.17  /  0.17%

100.94

NAV on 2020/10/28
NAV on 2020/10/27 100.77
52 week high on 2020/09/30 101.71
52 week low on 2020/07/16 99.96
Total Expense Ratio on 2020/09/30 0.5
Total Expense Ratio (performance fee) on 2020/09/30 0
NAV
Incl Dividends
1 month change -0.7% 0.67%
3 month change 0.69% 2.08%
6 month change 0% 0%
1 year change 0% 0%
5 year change 0% 0%
10 year change 0% 0%
Price data is updated once a day.
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  • Sectoral allocations
Liquid Assets 0.73 0.73%
Money Market 48.34 48.32%
SA Bonds 50.98 50.95%
  • Top five holdings
MM-01MONTH 48.34 48.32%
  • Performance against peers
  • Fund data  
Management company:
Boutique Collective Investments (RF) (Pty) Ltd.
Formation date:
2020/07/06
ISIN code:
ZAE000286969
Short name:
U-VUNSTRM
Risk:
Unknown
Sector:
South African--Interest Bearing--Short Term
Benchmark:
SteFI Composite
Email
clientservices@bcis.co.za

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

Telephone
021-007-1500

  • Fund management  
Vunani Fund Managers


  • Fund manager's comment
No fund manager's comment available.
  • Fund focus and objective  
The Vunani BCI Short Term Fixed Interest Fund aims to provide investors with a higher level on income than a money market fund, while controlling risk and maintaining capital stability. The investment manager will actively manage the investment opportunities in order to achieve optimal rates of income. The portfolio will be managed in compliance with prudential investment guidelines for retirement funds in South Africa to the extent allowed for by the Act
The following additional restrictions will apply:
*a minimum of 80% of interest-bearing instruments will have a maturity of less than 3 years
*a maximum of 20% of interest-bearing instruments will have a maturity of more than 3 years
*securities with a maturity of greater than 5 years will not be permitted
*the weighted average modified duration of non-equity securities in the portfolio will not exceed 2
*there will be no exposure to equity securities
Investments to be acquired for the portfolio may include interest bearing securities, non-equity securities, money market instruments, bonds, fixed deposits and assets in liquid form. The portfolio may also invest in participatory interests and other forms of participation in portfolios of collective investment schemes, registered in South Africa and other similar schemes operated in territories with a regulatory environment which is to the satisfaction of the manager and trustee of a sufficient standard to provide investor protection at least equivalent to that in South Africa and which is consistent with the portfolio's primary objective.
The portfolio may from time to time invest in listed and unlisted financial instruments, in accordance with the provisions of the Act, and the Regulations thereto, as amended from time to time, in order to achieve the portfolio's investment objective. The manager may only include the following unlisted financial instruments for efficient portfolio management purposes: forward currency, interest rate and exchange rate swap transactions.
The Trustee shall ensure that the investment policy set out in this Supplemental Deed is carried out. 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.
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