Counterpoint MET Value

This is a specialist equity portfolio with a "value" bias and will consist of financially sound equity securities listed on exchanges and assets in liquid form. The portfolio's objective is to maximise returns in excess of the FTSE JSE SWIX Index over time, particularly during periods of weaker equity market growth. The portfolio aims to have a slightly lower risk profile than typical equity funds by mainly investing in shares with a low price to earnings ratio, shares trading at a discount to their net asset value and shares whose prices do not reflect future earnings potential.

The portfolio may invest in derivatives that will only be limited by the statutory limitations placed on the inclusion of financial instruments in portfolios. At all times at least 80% of the portfolio's investments will be in listed equity securities.

Key stats

Management firm  MET Collective Investments Limited
Domicile  South Africa
Global Branding Name  MET Collective Investments
Fund currency  ZAR
Net Assets Date  2014-10-31
Net Assets  R173,666,817
Launch Date  2003-11-03
ISIN  ZAE000050399
Manager 1 Name  Nino Frodema
Fund Strategy  South Africa & Namibia Equity
Benchmark  FTSE/JSE All Share SWIX TR ZAR
Fund Structure  Unit Trust
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-10-31
Return - 1 Month  1.42%
Return - 2 Months  -0.99 %
Return - 3 Months  -1.45%
Return - 6 Months  4.00 %
Return - 9 months  13.29 %
Return - 12 Months  12.62%
Annualized return 24 months  18.10 %
Annualized return 36 months  18.41 %
Annualized return 48 months  15.15 %
Annualized return 60 months  14.99 %
Return 120 months  14.82 %
Annualized return since Inception  16.12%
Return YTD  10.21%

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 - 60 Months  fund has a 3 star rating fund has a 3 star rating fund has a 3 star rating
Morning Star Rating - 120 Months  fund has a 2 star rating fund has a 2 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  3.42 %
Minimum Investment  R5,000
Maximum Managment Charge  1.71 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  Parc du Cap Building 7, Mispel Street, Bellville
Contact Address 2  7535
Contact Address 3  PO Box 925, Bellville
Contact city  Cape Town
Contact country  South Africa
Fund Admin Group  MET Collective Investments Limited
Web Address  www.metropolitan.co.za
Email contact  metunit@metropolitan.co.za
Phone  +27 (0)21 940 5981

Price

Last Price Date  2014-11-25
Pre-tax nav  3.75
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-0.03
Price change (percentage)  -0.91 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

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Ratings Disclaimer

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