Momentum Africa Equity

The Momentum Africa Equity Fund is a foreign varied specialist equity portfolio.
The portfolio will endeavour to provide investors with medium to long-term capital appreciation found through investing in growing African economics.
In order to achieve this objective, the assets normally included in the portfolio will consist mainly of listed equity securities on recognised stock exchanges within Africa. The South African exposure within the portfolio will have a maximum exposure limit of 15%. The portfolio may also include listed equity securities on other exchanges, where such companies have their financial exposure to Africa. The portfolio will aim to have a minimum equity exposure of 85% at all times.

Key stats

Management firm  Momentum Collective Investments
Domicile  South Africa
Global Branding Name  RMB
Fund currency  ZAR
Net Assets Date  2013-05-31
Net Assets  R792,723,520
Launch Date  2009-03-20
ISIN  ZAE000131157
Manager 1 Name  Fungai Tarirah
Fund Strategy  Africa Equity
Benchmark  MSCI EFM Africa Ex ZAF PR USD
Fund Structure  Unit Trust
UCITS 3 compliant  no

Performance/Volatility

Return Date  2013-05-31
Return - 1 Month  21.01%
Return - 2 Months  19.80 %
Return - 3 Months  23.89%
Return - 6 Months  41.85 %
Return - 9 months  53.14 %
Return - 12 Months  64.10%
Annualized return 24 months  36.99 %
Annualized return 36 months  21.93 %
Annualized return 48 months  0.00 %
Annualized return 60 months  0.00 %
Return 120 months  0.00 %
Annualized return since Inception  20.89%
Return YTD  40.27%

Ratings

Morning Star Rating Date   2013-04-30
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  R5,000
Maximum Managment Charge  1.71 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  6th Floor, 4 Merchant Place, 1 Fredman Drive
Contact Address 2  Sandton, 2196
Contact Address 3  Private Bag 9959, Sandton
Contact city  Johannesburg
Contact country  South Africa
Fund Admin Group  Momentum Collective Investments
Web Address  www.rmbam.co.za
Email contact  info@rmbam.co.za
Phone  +27 (0)11 505 1999

Price

Last Price Date  2014-08-21
Pre-tax nav  2.06
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)  -0.28 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

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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.
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