Nedgroup Investments Financials Fund (A)
Domestic - Equity - Financial
Code:UALA
Inception:01 Oct 2003
| Latest Price : 02 Sep 2010 | R 100.88 |
| 12mth Sector Rank | 1 / 6 |
| 12mth Overall Rank | 8 / 482 |
| 12mth Volatility vs Sector Average | 1.12 |
| Published Retail Buy Fee* | 5.70% |
| Intervest Buy Fees | Wholesale | 0.000% |
| + Our Fee** | 0.285% |
| Management Company Annual Fees:*** | 1.71% |
| Intervest Annual Fees: | [details] |
| Latest Total Assets | R 168.7m |
| Assets at end June 2010 | R 156.9m |
| Previous Quarter | R 163.4m |
| Move | - R 6.4m |
| Income Declaration and Payment |
|---|
| Declaration | Annual: End of December |
| Payment | Within 14 days after declaration date |
| Performance to 02 Sep 2010 ++ |
|---|
| Invested | Price | Income | Total |
|---|
| 3 months | 6.72% | - - | 6.72% | | 6 months | 10.96% | - - | 10.96% | | 1 year | 25.24% | 1.39% | 26.63% | | 3 years | 1.69% | 9.79% | 11.48% | | 5 years | 62.98% | 22.54% | 85.52% |
|
| Price History |
|---|
 |
| Fund Manager |
|---|
|
| Kokkie Kooyman |
|
| Fund Overview |
|---|
Objectives: The
Nedgroup Investments Financials Fund aims to provide capital growth over the longer
term for the more aggressive and risk-tolerant investor.
Benchmark: Unit
trust mean (Financial Sector)
Universe: The fund
manager is mandated to nvest in the shares of financial services companies,
including banks, insurance companies, brokerage firms and related investments.
Other: Before the
Nedcor Retail Investments merger, this fund was called the FTNIB Selected
Financial Opportunities Fund. New investments should take place in the A class
of this fund.
|
| Top Holdings at end June 2010 |
|---|
| Holding | % of Fund |
| STANBANK | 17.20% |
| INTL EQU UNIT TRUST | 15.52% |
| OLDMUTUAL | 9.66% |
| ABIL | 9.53% |
| CAPITEC | 7.19% |
| PSG | 4.87% |
| INVPLC | 4.74% |
| PALCAP | 4.12% |
| ABSA | 4.10% |
| ZAR Cash | 3.77% |
| Total % | 80.70% |
| Asset Allocation at end June 2010 |
|---|
 |
| Top Holdings at end March 2010 |
|---|
| Holding | % of Fund |
| INTL EQU UNIT TRUST | 15.15% |
| STANBANK | 14.67% |
| ABIL | 10.76% |
| ZAR Cash | 9.89% |
| OLDMUTUAL | 9.19% |
| INVPLC | 7.33% |
| CAPITEC | 6.87% |
| PSG | 4.45% |
| PALCAP | 4.23% |
| DISCOVERY | 3.63% |
| Total % | 86.17% |
| Top Holdings at end December 2009 |
|---|
| Holding | % of Fund |
| STANBANK | 19.81% |
| INTL EQU UNIT TRUST | 14.52% |
| ABIL | 10.19% |
| INVPLC | 9.20% |
| CAPITEC | 7.12% |
| RMBH | 5.10% |
| INVLTD | 4.98% |
| OLDMUTUAL | 4.96% |
| METLTD | 4.91% |
| PSG | 3.93% |
| Total % | 84.72% |
