Moneyweb Insider Gold
Create portfolios to monitor JSE shares and unit trusts
Compare the performance of up to 5 instruments
View shares held per unit trust
Receive news and Sens email alerts
Access our full Sens archives and PDFs
View annual reports in PDF
Up to 10 years' share price values
Stop these ads
and more!

0.86  /  0.62%

1.3813

NAV (ZAR) on 2024/09/13
NAV (ZAR) on 2024/09/12 1.3727
52 week high on 2024/08/27 1.4078
52 week low on 2024/03/19 1.1826
Total Expense Ratio on 2024/06/30 0.54
Total Expense Ratio (performance fee) on 0
NAV
Incl Dividends
1 month change 3.94% 3.94%
3 month change 9.04% 11.17%
6 month change 14.38% 17.65%
1 year change 10.6% 17.29%
5 year change 4.19% 10.29%
10 year change 0% 0%
Price data is updated once a day.
Unit trust and ETF performances for periods greater than 12 months are annualised.

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.

Momentum Value Equity Fund

Fund managed by Momentum Collective Investments Limited
Holdings Jun 2024 Mar 2024 Unit change Value change (R'000s) % of Fund
# Units Value (R'000s) # Units Value (R'000s)
  Absa Group Ltd. 322,767 511,424.310 299,410 443,516.030 23,357 67,908.280 5.0097
  Anglo American plc 37,375 215,466.880 12,715 59,807.350 24,660 155,659.530 2.1106
  AngloGold Ashanti plc 18,256 83,935.610 18,705 79,064.160 -449 4,871.450 0.8222
  African Rainbow Minerals Ltd. 117,519 266,768.130 173,980 286,162.300 -56,461 -19,394.170 2.6132
  AVI Ltd. 109,766 103,827.660 52,546 48,000.770 57,220 55,826.890 1.0171
Total

The free version only lists 5 shares. Subscribe to see the full list.

SUBSCRIBE NOW
  • Fund focus and objective  
The Momentum Value Equity Fund's objective is to achieve high long term capital growth by applying a value based investment strategy to shares listed on the JSE though a smart beta investment methodology. Smart beta refers to an investment style where the manager captures market factors designed to take advantage of perceived systematic biases or inefficiencies in the market.
The Momentum Value Equity Fund is an equity only fund that uses a systematic investment process. The portfolio deliberately targets focused exposure to shares that trade for less than their intrinsic value. Factors considered amongst others are price to book ratio, dividend yield and earnings yield. The universe of listed shares is screened on these value parameters. A portfolio with strong value factors is constructed on this basis. The portfolio aims to capture the equity market returns enhanced by the value risk premium. The exposure to qualifying shares that have strong value qualities will be optimized to have the maximum probability of achieving the desired outcome over a full market cycle.
The portfolio's investment universe consists of South African equity and property securities, assets in liquid form and participatory interests and other forms of participation in local collective investment scheme portfolios. To provide high long term real returns the portfolio's equity exposure will be a minimum of 90% the portfolio's net asset value. The portfolio will have no foreign exposure.
The portfolio may from time to time invest in listed and unlisted financial instruments, in accordance with the provisions of the Act and applicable legislation as amended from time to time, in order to achieve the portfolio's investment objective.
Nothing in this Supplemental Deed shall preclude the Manager from varying the ratios of securities or assets in liquid form in changing economic environment or market conditions, or to meet the requirements in terms of legislation and from retaining cash or placing cash on deposit in terms of the Deed and this Supplemental Deed.
The Trustee shall ensure that the investment policy set out in this Supplemental Deed is carried out.
For the purposes 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 manage the portfolio in accordance with its mandate. The manager may once a portfolio has bene closed open that portfolio again to new investors on a date determined by the manager.

SEARCH COMPANIES
Enter JSE company name or share code:

SEARCH ARTICLES BY COMPANY
Enter JSE company name or share code:

SEARCH UNIT TRUST
Enter unit trust name or code:

Instrument Details  

You do not have any portfolios, please create one here.
You do not have an alert portfolio, please create one here.
INSIDER SUBSCRIPTION APP NEWSLETTERS PODCASTS RADIO / LISTEN LIVE VIDEOS WEBINARS TRENDING

Follow us: