NFB ACi Cautious FoF B

The fund aims to provide investors with moderate long term capital growth and income. Equity will be between 0% and 40%. The fund shall reflect the investment structure of a cautious risk retirement fund, complying with prudential investment guidelines. The portfolio will, apart from assets in liquid form, consist solely of participatory interests and other forms of participation of local and global collective investment schemes, or similar schemes operated in territories with a regulatory environment of a sufficient standard to provide investor protection at least equivalent to that in South Africa. The portfolio will invest in a wide spectrum of markets, including equity, bond, money and property markets and may have exposure to financial instruments. Nothing shall preclude the manager from varying the ratios of securities in changing economic environment or market conditions, and from retaining cash or placing cash on deposit. The manager may close the portfolio to new investors

Key stats

Management firm  Advantage AM Collective Inv
Domicile  South Africa
Global Branding Name  Advantage
12 month yield  2.70%
Fund currency  ZAR
Net Assets Date  2014-06-30
Net Assets  R683,216,708
Launch Date  2013-10-21
ISIN  ZAE000183653
Manager 1 Name  Paul Marais
Fund Strategy  ZAR/NAD Cautious Allocation
Benchmark  SA CPI (Headline)
Fund Structure  Unit Trust
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-06-30
Return - 1 Month  0.88%
Return - 2 Months  1.90 %
Return - 3 Months  2.96%
Return - 6 Months  3.91 %
Return - 9 months  7.66 %
Return - 12 Months  11.56%
Annualized return 24 months  11.33 %
Annualized return 36 months  10.66 %
Annualized return 48 months  10.07 %
Annualized return 60 months  10.10 %
Return 120 months  0.00 %
Annualized return since Inception  7.87%
Return YTD  3.91%

Ratings

Morning Star Rating Date   2014-06-30
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 - 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  R10,000
Maximum Managment Charge  2.22 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  The Gabba, 2nd Floor, The Campus
Contact Address 2  57 Sloane Street, Bryanston, 2191
Contact Address 3  PO Box 330, Gallo Manor
Contact city  Johannesburg
Contact country  South Africa
Fund Admin Group  Advantage AM Collective Inv
Web Address  www.advantageut.co.za
Email contact  callcentre@advantage.am
Phone  +27 (0)11 575 4450

Price

Last Price Date  2014-07-23
Pre-tax nav  13.38
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-0.00
Price change (percentage)  -0.01 %
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