Nedgroup Investments Rainmaker Fund (A)

South African - Equity - General
Code:AHVE
Inception:03 Jul 2000

Latest Price : 15 Dec 2014 R 111.09
12mth Sector Rank19 / 72
12mth Overall Rank74 / 398
12mth Volatility vs Sector Average1.13
Published Retail Buy Fee*0.00%
Management Company Annual Fees:***1.71%
TER Ratio1.72%
TER Performance- -
TER Date30 Sep 2013
Latest Total AssetsR 15,311.1m
Assets at end September 2014R 15,713.1m
Previous QuarterR 16,411.5m
Move- R 698.4m
Income Declaration and Payment
DeclarationAnnual: End of December
PaymentWithin 14 days after declaration date
Performance to 15 Dec 2014 ++
InvestedPriceIncomeTotal
3 months-4.93%- --4.93%
6 months-3.52%- --3.52%
1 year14.26%1.55%15.82%
3 years48.91%4.32%53.23%
5 years74.98%17.25%92.24%
Price History
Fees include VAT.
* Published Retail Buy Fee is always the highest fee charged by the Management company.
*** Management Company Annual Fees are automatically worked into price and distributions paid.
++Price performances are based on historical price data, using a NAV price by NAV price comparison and exclude management company initial fees. Income performances are based on interest and dividend distributions of the fund.
Fund Manager
Photo
Omri Thomas.
Fund Overview

Objective: The Nedgroup Investments Rainmaker fund seeks to follow an investment policy which will aim to achieve superior medium-to long-term capital growth through careful stock selection and exposure to selected themes within the equity market, both locally and abroad.

Benchmark: Unit Trust Mean (General equity sector)

Universe: Securities will be in financially sound companies and may be either large, medium or small cap stocks, selected predominantly from all sectors of the JSE, also allowing for offshore investments as legislation permits.

Does your fund invest offshore? No

Preferred Liquidity Level: Nedgroup's view is that investors invest in this fund for equity exposure; equity exposure therefore ranges between 85% and 100%.

Other: The Nedgroup Investments Rainmaker Fund is the result of a merger of two funds, the African Harvest Rainmaker Fund and the FTNIB Prime Select Fund. Investors in the FTNIB Prime Select Fund have had their units transferred into the 'R' class of the Nedgroup Investments Rainmaker fund, while investors in the African Harvest Rainmaker Fund have had their units transferred into the 'A' class of the Nedgroup Investments Rainmaker Fund. Tim Allsop of Polaris is the manager of both funds.

 
Top Holdings at end September 2014
Holding% of Fund
NASPERS-N11.29%
SASOL7.90%
MTN GROUP6.35%
RICHEMONT5.52%
OLDMUTUAL5.46%
BHPBILL5.28%
FIRSTRAND5.14%
BATS4.80%
SABMILLER4.53%
MEDCLIN4.07%
Total % 60.34%
Asset Allocation at end September 2014
Top Holdings at end June 2014
Holding% of Fund
NASPERS-N11.09%
SASOL7.28%
MTN GROUP6.42%
RICHEMONT6.32%
BHPBILL5.65%
OLDMUTUAL5.33%
FIRSTRAND4.97%
BATS4.41%
SABMILLER4.38%
TRENCOR3.93%
Total % 59.78%
Top Holdings at end March 2014
Holding% of Fund
NASPERS-N8.83%
SASOL8.09%
MTN GROUP7.31%
RICHEMONT5.41%
BHPBILL5.33%
SABMILLER5.08%
ANGLO5.01%
OLDMUTUAL4.98%
FIRSTRAND4.73%
BATS4.64%
Total % 59.41%