Nedgroup Inv Positive Return B

To achieve total returns for investors in excess of inflation and at the same time limiting the possibility of losing money over any 12-month period. The fund is Regulation 28 compliant. The Nedbank Positive Return Fund will invest in a combination of securities as defined in the Collective Investment Schemes Control Act, including equity, bond, money market, property or derivative instruments, both locally and abroad, as well as participatory interests in portfolios of collective investment schemes. The asset allocation will be actively managed and will continually reflect the portfolio manager's view of the relative attractiveness of these markets. The fund will conform to the legislation that governs retirement portfolios.

Key stats

Management firm  Nedgroup Collective Investments
Domicile  South Africa
Global Branding Name  Nedgroup Collective Investments
Fund Status  OBSOLETE
12 month yield  2.58%
Fund currency  ZAR
Net Assets Date  2013-02-28
Net Assets  R2,411,966,802
Launch Date  2006-06-01
Obsolete Date  2013-03-01
ISIN  ZAE000079752
Manager 1 Name  Herman Steyn
Fund Strategy  Alt - Multistrategy
Benchmark  SA CPI (Headline)
Fund Structure  Unit Trust
UCITS 3 compliant  no

Performance/Volatility

Return Date  2013-02-28
Return - 1 Month  -0.27%
Return - 2 Months  2.06 %
Return - 3 Months  2.07%
Return - 6 Months  5.08 %
Return - 9 months  6.24 %
Return - 12 Months  5.15%
Annualized return 24 months  3.96 %
Annualized return 36 months  4.65 %
Annualized return 48 months  6.15 %
Annualized return 60 months  6.10 %
Annualized return since Inception  6.91%
Return YTD  2.06%

Ratings

Morning Star Rating Date   2012-01-31
Morning Star Rating - 36 Months  fund has a 2 star rating fund has a 2 star rating
Morning Star Rating - 60 Months  fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating
Morning Star Rating - Overall  fund has a 3 star rating fund has a 3 star rating fund has a 3 star rating

Charges

Initial  0.29 %
Minimum Investment  R10,000
Maximum Managment Charge  4.56 %

Contact

Contact Address  BoE Clocktower, Clocktower Precinct, V & A Waterfront
Contact Address 2  8000
Contact Address 3  PO Box 1510
Contact city  Cape Town
Contact country  South Africa
Fund Admin Group  Nedgroup Collective Investments
Web Address  www.nedgroupinvestments.co.za
Email contact  collectiveinvestments@nedbank.co.za
Phone  +27 (0)21 416 6011

Price

Last Price Date  2013-03-01
Pre-tax nav  1.26
Price change  R0.01
Price change (percentage)  0.44 %

Funds Disclaimer

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Ratings Disclaimer

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