Investec Property Equity FundDomestic - Real Estate - Flexible Property Code:PPFA Inception:01 Jun 2004 | Latest Price : 02 Sep 2010 | R 2.92 | | 12mth Sector Rank | 8 / 16 | | 12mth Overall Rank | 21 / 482 | | 12mth Volatility vs Sector Average | 1.05 |
| Published Retail Buy Fee* | 5.70% | | Intervest Buy Fees | Wholesale | 0.000% | | + Our Fee** | 0.285% | | Management Company Annual Fees:*** | 1.42% | | Intervest Annual Fees: | [details] |
| Latest Total Assets | R 2,250.9m | | Assets at end March 2010 | R 2,081.0m | | Previous Quarter | R 1,966.4m | | Move | + R 114.5m |
| Income Declaration and Payment |
|---|
| Declaration | Quarterly: End of March, June, September and December | | Payment | Early April, July, October and December |
| Performance to 02 Sep 2010 ++ |
|---|
| Invested | Price | Income | Total |
|---|
| 3 months | 9.39% | 1.10% | 10.50% | | 6 months | 10.19% | 3.63% | 13.82% | | 1 year | 16.71% | 7.73% | 24.43% | | 3 years | 11.56% | 23.15% | 34.71% | | 5 years | 76.81% | 50.09% | 126.90% |
|
| Price History |
|---|
 |
| Fund Manager |
|---|

| | Angelique de Rauville | |
| Fund Overview |
|---|
Objective: The
funds objective is to outperform its benchmark and to provide moderate risk long
term investors the opportunity for capital growth and income, through exposure
to listed property securities.
Benchmark: SA
Listed Property Index
Investment Universe:
Predominantly domestic listed property and liquid assets.
Fund Strategy: The
Provest Property Equity Fund maintains an exclusive focus on interest-income
generating South African listed property stocks, specifically Property Unit
Trusts (PUTs) and Property Loan Stocks (PLSs). The aim is to achieve superior
returns through Provest's indepth research capabilities, and the ability to
source lines of stock at attractive prices and to identify value opportunities
relative to the sector. The fund is committed to offering investors top
quartile, long-term performance, outperforming its benchmark and producing
returns that exceed expectations.
|
| Top Holdings at end March 2010 |
|---|
| Holding | % of Fund | | REDEFINE | 30.66% | | GROWPNT | 17.20% | | RESILIENT | 11.43% | | CAPITAL | 9.90% | | ACUCAP | 7.17% | | EMIRA | 4.83% | | PANPROP | 4.82% | | PREMIUM | 4.08% | | ZAR Cash | 2.33% | | OCTODEC | 2.07% | | Total % | 94.49% |
| Asset Allocation at end March 2010 |
|---|
 |
| Top Holdings at end December 2009 |
|---|
| Holding | % of Fund | | REDEFINE | 31.92% | | GROWPNT | 21.87% | | RESILIENT | 11.60% | | CAPITAL | 9.36% | | ACUCAP | 7.04% | | PREMIUM | 4.01% | | OCTODEC | 3.01% | | ZAR Cash | 2.91% | | EMIRA | 2.45% | | PANPROP | 2.02% | | Total % | 96.19% |
| Top Holdings at end September 2009 |
|---|
| Holding | % of Fund | | REDEFINE | 33.43% | | GROWPNT | 26.04% | | RESILIENT | 11.60% | | CAPITAL | 7.58% | | ZAR Cash | 6.57% | | ACUCAP | 4.45% | | PREMIUM | 4.23% | | OCTODEC | 3.31% | | HOSP-B | 2.30% | | PANPROP | 0.48% | | Total % | 99.99% |
|