Momentum Africa Equity C1

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
12 month yield  1.20%
Fund currency  ZAR
Net Assets Date  2014-09-30
Net Assets  R852,123,600
Launch Date  2013-07-01
ISIN  ZAE000179693
Manager 1 Name  Mishnah Seth
Fund Strategy  Africa Equity
Benchmark  MSCI EFM Africa Ex ZAF PR USD
Fund Structure  Unit Trust
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-09-30
Return - 1 Month  7.12%
Return - 2 Months  7.81 %
Return - 3 Months  11.32%
Return - 6 Months  16.19 %
Return - 9 months  14.09 %
Return - 12 Months  27.78%
Annualized return 24 months  0.00 %
Annualized return 36 months  0.00 %
Annualized return 48 months  0.00 %
Annualized return 60 months  0.00 %
Return 120 months  0.00 %
Annualized return since Inception  25.85%
Return YTD  14.09%

Charges

Initial  0.00 %
Maximum Managment Charge  1.43 %
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  2014-10-23
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)  -0.58 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

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Ratings Disclaimer

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