0.61 /
0.94%
0.6522
NAV (ZAR) on 2024/09/13
| NAV (ZAR) on 2024/09/12 |
0.6461 |
| 52 week high on 2024/09/13 |
0.6522 |
| 52 week low on 2023/10/26 |
0.4527 |
| Total Expense Ratio on 2024/06/30 |
1.47 |
| Total Expense Ratio (performance fee) on |
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 Momentum SA Real Growth Property Fund is a property portfolio with the objective to secure moderate to high long term growth in income and capital by investing in a portfolio of property equity securities and property related securities.
The portfolio may invest in equity and property securities including companies that derive a material portion of their income from property investment, property collective investment schemes, property loan stock, interest bearing securities, preference shares, non-equity securities and assets in liquid form. The portfolio may also invest in participatory interest or any other forms of participation in portfolios of collective investments or other similar schemes as the Act may allow from time to time and are consistent with the portfolios investment objective.
The portfolios property exposure will always exceed 80% of the portfolio's net asset value. Up to 10% of the portfolio may be invested in shares outside the property sector in companies that conduct similar business activities. 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.
