Metropolitan Property Income Portfolio
Domestic - Real Estate - Flexible Property
Code:MBPI
Inception:17 Nov 2003
| Latest Price : 02 Sep 2010 | R 2.32 |
| 12mth Sector Rank | 6 / 16 |
| 12mth Overall Rank | 12 / 482 |
| 12mth Volatility vs Sector Average | 1.11 |
| Published Retail Buy Fee* | 0.00% |
| Intervest Buy Fees | Wholesale | 0.280% |
| + Our Fee** | 0.285% |
| Management Company Annual Fees:*** | 1.71% |
| Intervest Annual Fees: | [details] |
| Latest Total Assets | R 313.6m |
| Assets at end June 2010 | R 272.9m |
| Previous Quarter | R 312.3m |
| Move | - R 39.4m |
| Income Declaration and Payment |
|---|
| Declaration | Quarterly: End of March, June, September and December |
| Payment | Two weeks after declaration |
| Performance to 02 Sep 2010 ++ |
|---|
| Invested | Price | Income | Total |
|---|
| 3 months | 8.21% | 0.93% | 9.14% | | 6 months | 9.76% | 3.48% | 13.24% | | 1 year | 18.33% | 7.72% | 26.05% | | 3 years | 10.02% | 22.04% | 32.05% | | 5 years | 56.66% | 46.89% | 103.54% |
|
| Price History |
|---|
 |
| Fund Manager |
|---|
|
| Chris Naidoo |
|
| Fund Overview |
|---|
Objectives: This is
a specialist portfolio that seeks a high income yield and capital growth.
Benchmark: J254 property index
Universe: The
portfolio manager is permitted to invest in quality JSE listed property shares,
property loan stock, collective investment schemes in property, non-equity
securities and assets in liquid form.
Fund strategy: The
minimum exposure to listed property shares, property loan stock and property
portfolios will be 50% of the portfolio's market value. Where derivative
instruments can be used for the benefit of the portfolio, such instruments are
used in accordance with applicable legislation.
|
| Top Holdings at end June 2010 |
|---|
| Holding | % of Fund |
| GROWPNT | 23.33% |
| REDEFINE | 16.62% |
| PANPROP | 8.38% |
| EMIRA | 7.62% |
| FPT | 7.28% |
| RESILIENT | 7.15% |
| CAPITAL | 5.10% |
| SYCOM | 4.70% |
| SA CORP | 3.88% |
| ZAR Cash | 3.73% |
| Total % | 87.79% |
| Asset Allocation at end June 2010 |
|---|
 |
| Top Holdings at end March 2010 |
|---|
| Holding | % of Fund |
| GROWPNT | 22.02% |
| REDEFINE | 17.93% |
| PANPROP | 8.52% |
| FPT | 7.90% |
| RESILIENT | 7.87% |
| EMIRA | 7.18% |
| CAPITAL | 5.00% |
| SYCOM | 4.86% |
| SA CORP | 3.72% |
| ACUCAP | 3.20% |
| Total % | 88.20% |
| Top Holdings at end December 2009 |
|---|
| Holding | % of Fund |
| GROWPNT | 22.45% |
| REDEFINE | 17.62% |
| PANPROP | 8.71% |
| EMIRA | 7.52% |
| FPT | 6.90% |
| RESILIENT | 6.32% |
| ZAR Cash | 5.89% |
| SYCOM | 4.63% |
| CAPITAL | 4.28% |
| SA CORP | 3.73% |
| Total % | 88.05% |
