0.03 /
0.03%
1.0124
NAV (ZAR) on 2024/09/13
| NAV (ZAR) on 2024/09/12 |
1.0121 |
| 52 week high on 2024/01/31 |
1.0174 |
| 52 week low on 2023/11/01 |
1.0072 |
| Total Expense Ratio on 2024/06/30 |
0.4 |
| 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 Aluwani BCI Enhanced Yield Fund is a specialist income portfolio with an objective to enhance the portfolio's income yield by actively managing interest rate risk and credit risk through the interest rate cycles. This will be achieved by making use of short-dated domestic fixed income instruments to deliver a diversified money market solution that has low volatility and high liquidity combined with carefully monitoring of its capital stability.
The maximum weighted average modified duration of the underlying holdings will be limited to 180 days. The portfolio is managed in compliance with prudential investment guidelines for retirement funds in South Africa to the extent allowed for by the Act. Investments to be acquired for the portfolio may include securities of an interest bearing nature, including loan stock, debentures, debenture stock, debenture bonds, unsecured notes, preference shares of an income nature, financial instruments and any other non-equity securities which are considered consistent with the portfolio's primary objective and that the Act or the Registrar may allow from time to time.
The portfolio may also invest in participatory interests and other forms of participation in portfolios of collective investment schemes, registered in South Africa. 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.
