2.85 /
0.21%
13.3514
NAV (ZAR) on 2024/09/13
NAV (ZAR) on 2024/09/12 |
13.3229 |
52 week high on 2024/08/28 |
13.4903 |
52 week low on 2023/11/02 |
12.0384 |
Total Expense Ratio on 2024/06/30 |
1.3 |
Total Expense Ratio (performance fee) on 2024/06/30 |
0 |
Here is a list of JSE shares held in this Unit Trust. These tables reflect changes in holdings over two quarters, but do not show where a fund has completely sold a holding during the latest quarter.
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The Methodical BCI Absolute Fund's objective is to offer absolute returns in excess of inflation over the long term and simultaneously aiming to avoid negative performance over any rolling 36-month periods. The portfolio will target a reasonable level of income for post-retirement investors. The portfolio complies with prudential investment guidelines to the extent allowed for by the Act. However, the portfolio's equity exposure may not exceed 60% of the portfolio's net asset value.
In order to achieve its objective, the investments normally to be included in the portfolio may comprise a combination of assets in liquid form, money market instruments, interest bearing securities, bonds, debentures, corporate debt, equity securities, property securities, preference shares, convertible equities and non-equity securities. The manager may invest in participatory interests or any other form of participation in portfolios of South African collective investment schemes as the Act may allow from time to time, and which are consistent with the portfolio's investment policy.
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 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.