|
 Fund size (31 Mar 2026) |
R253 163.0m |
| Launch date |
1 Oct 1999 |
| Annual fee A |
1.15 |
| Annual fee C |
0.92 |
| Performance fee |
see perf. fees |
| Holdings |
303 |
| Number of unitholders |
143 597 |
| Dividend declaration dates |
30/06, 31/12 |
| Dividend payment dates |
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|
Fee for performance equal to the Fund’s benchmark: 1.00% p.a. excl. VAT. For each percentage of two-year performance above or below the benchmark we add or
deduct 0.1%, subject to the following limits: Max 1.50% and Min 0.5% p.a excl VAT.
|
| Asset Class |
Fund % |
Local Equity |
44.3% |
| Local Derivatives |
0.00% |
| Local Net Equity Exposure |
44.30% |
| Local Derivative - Contract Value |
0.00% |
Local Property |
0.1% |
Local Bonds |
9.7% |
Local Cash |
4.1% |
Foreign Cash |
2.0% |
Foreign Property |
1.0% |
Foreign Bonds |
5.4% |
Foreign Equity |
33.4% |
| Foreign Derivatives |
-5.90% |
| Foreign Net Equity Exposure |
27.5% |
| Foreign Derivative - Contract Value |
5.90% |
| |
100% |
|
| Derivative |
Exposure |
% Portfolio |
| TOT FOREIGN |
n/a * |
-5.90 |
| |
|
-5.90 |
|
| * Values not provided by Manco |
| Security |
% Fund |
| Orbis SICAV Global Balanced SA Fund |
14.83 |
| Allan Gray Frontier Markets Equity Fund Limited |
4.76 |
| Anheuser-Busch InBev SA/NV |
4.20 |
| Orbis SICAV International Equity Fund |
3.65 |
| Orbis Global Equity Fund |
3.43 |
| Glencore plc |
3.40 |
| Orbis Optimal SA Fund (US Dollar Class) |
3.14 |
| AngloGold Ashanti plc |
2.87 |
| Prosus NV |
2.49 |
| Standard Bank Group Ltd. |
2.26 |
| |
45.03 |
|
|
| Open for investment |
| The market value-weighted average return of funds in the South African - Multi Asset - High Equity category (excluding Allan Gray funds) |
The Fund invests in a mix of shares, bonds, property, commodities and cash. The Fund can invest a maximum of 30% offshore, with an additional 10% allowed for investments in Africa outside of South Africa. The Fund typically invests the bulk of its foreign allowance in a mix of funds managed by Orbis Investment Management Limited, our offshore investment partner. The maximum net equity exposure of the Fund is 75% and we may use exchange-traded derivative contracts on stock market indices to reduce net equity exposure from time to time. The Fund is managed to comply with the investment limits governing retirement funds. Returns are likely to be less volatile than those of an equity-only fund.
|
- Duncan Artus, B Bus Sc (Hons), PGDA, CFA, CMT
|
|
|
| Payment date |
Pd per unit (ZARc) |
| 31 December 2025 |
194.84 |
| 30 June 2025 |
215.13 |
| 31 December 2024 |
172.69 |
| 30 June 2024 |
219.44 |
| 31 December 2023 |
163.94 |
| 30 June 2023 |
129.95 |
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