ABSA Managed C

The Absa Managed Fund will be managed on a single manager basis. The main objective of the Absa Managed Fund will be to manage the asset allocation strategy so as to maximise capital growth and income over the long term. The portfolio of diversified assets will be managed according to the objective as reflected above and will always comply with the prudential rules applicable to retirement funds. The portfolio will have a general bias towards equity and will in general have higher equity content, over time, than that of other portfolios under the deed that are also managed in terms of prudential rules applicable to retirement funds and that are generally categorized within the category for domestic asset allocation prudential portfolios (or its replacing category or consolidated category as the case may be) by the Association for Savings and Investment South Africa (or its dominant successor).

Key stats

Management firm  ABSA Fund Managers
Domicile  South Africa
Global Branding Name  ABSA Fund Managers
12 month yield  3.87%
Fund currency  ZAR
Net Assets Date  2014-10-31
Net Assets  R469,167,910
Launch Date  2010-02-26
ISIN  ZAE000144499
SEDOL  BCF5JT5
Manager 1 Name  Errol Shear
Fund Strategy  ZAR/NAD Aggressive Allocation
Benchmark  SA CPI (Headline)
Fund Structure  Unit Trust
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-10-31
Return - 1 Month  -0.68%
Return - 2 Months  -1.10 %
Return - 3 Months  -1.56%
Return - 6 Months  2.59 %
Return - 9 months  8.46 %
Return - 12 Months  10.63%
Annualized return 24 months  14.69 %
Annualized return 36 months  15.38 %
Annualized return 48 months  14.33 %
Annualized return 60 months  0.00 %
Return 120 months  0.00 %
Annualized return since Inception  15.01%
Return YTD  8.22%

Ratings

Morning Star Rating Date   2014-10-31
Morning Star Rating - 36 Months  fund has a 3 star rating fund has a 3 star rating fund has a 3 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  0.00 %
Minimum Investment  R100,000,000
Maximum Managment Charge  0.40 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  Block C, Ground Floor, 65 Empire Road
Contact Address 2  Parktown, 2193
Contact Address 3  PO Box 6115
Contact city  Johannesburg
Contact country  South Africa
Fund Admin Group  ABSA Fund Managers
Web Address  www.absa.co.za
Email contact  unittrust@absa.co.za
Phone  +27 (0)11 480 5000

Price

Last Price Date  2014-11-20
Pre-tax nav  1.62
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  R-0.01
Price change (percentage)  -0.81 %
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.
For fund additions and/or data corrections please contact dataquestions@morningstar.com

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.
For fund additions and/or data corrections please contact dataquestions@morningstar.com

All our data is licensed from Morningstar UK Ltd. Important legal information