Prudential Namibian Inflation Plus B

Fund Objective:
The Fund aims to produce above inflation (or real) returns by investing in inflation-linked bonds, other interest-bearing securities and equities. The Fund has two objectives: 1. The primary objective is to outperform Namibian CPI by 4% per annum before fees and tax over rolling three-year periods. 2. The secondary objective is to aim for no losses over rolling 12-month periods.
Investor profile:
The Fund is ideal for those saving for retirement, those already living off a pension and those wanting to protect their savings from the detrimental effects of inflation, thereby preserving purchasing power and earning a real return.
Investment Mandate:
The Fund aims to achieve above inflation (or real) returns by investing in inflation-linked bonds, other interest-bearing securities and equities. The fund is managed to comply with regulations governing retirement fund investments in Namibia.

Key stats

Management firm  Prudential (Namibia) Unit Trusts
Domicile  Namibia
Global Branding Name  Prudential
12 month yield  2.78%
Fund currency  NAD
Net Assets Date  2014-08-31
Net Assets  $1,587,266,857
Launch Date  2011-07-01
ISIN  ZAE000157277
Manager 1 Name  Management Team
Fund Strategy  ZAR/NAD Cautious Allocation
Benchmark  Namibia CPI
Fund Structure  Unit Trust
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-08-31
Return - 1 Month  0.54%
Return - 2 Months  0.94 %
Return - 3 Months  2.32%
Return - 6 Months  6.89 %
Return - 9 months  10.24 %
Return - 12 Months  16.46%
Annualized return 24 months  15.34 %
Annualized return 36 months  16.79 %
Annualized return 48 months  0.00 %
Annualized return 60 months  0.00 %
Return 120 months  0.00 %
Annualized return since Inception  15.96%
Return YTD  7.47%

Ratings

Morning Star Rating Date   2014-08-31
Morning Star Rating - 36 Months  fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating
Morning Star Rating - Overall  fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating

Charges

Initial  0.00 %
Minimum Investment  $5,000,000
Maximum Managment Charge  0.68 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  PO Box 25743, Windhoek
Contact city  Windhoek
Contact country  Namibia
Fund Admin Group  Prudential (Namibia) Unit Trusts
Web Address  www.prudential.co.za
Email contact  webmaster@ppm-sa.com
Phone  +264 (0)61 256166/259223

Price

Last Price Date  2014-09-26
Pre-tax nav  2.36
Pre-tax offer  0.00
Pre-tax bid  0.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  $-0.00
Price change (percentage)  -0.14 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

© 2011 - Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed (save (i) as incidentally necessary in the course of viewing it on-line (ii) in the course of printing off single copies of web pages on which it appears for the use of those authorised to view it on-line), or adapted in any way (3) is not warranted to be accurate, complete or timely. This Morningstar-sourced information is provided to you by GFM Ltd and is at your own risk. You agree that Morningstar and or GFM Ltd are not responsible for any damages or losses arising from any use of this information and that the information must not be relied upon by you the user without appropriate verification. GFM Ltd informs you as follows: (i) The information provided should not form the sole basis of any investment decision (ii) no investment decision should be made in relation to any of the information provided other than on the advice of a professional financial advisor; (iii) past performance is no guarantee of future results; and (iv) the value and income derived from investments can go down as well as up.
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Ratings Disclaimer

© 2010 - 2011 Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
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