ABSA Property Equity B

Absa Property Equity Fund will be a specialist type fund with its primary objective to provide the investor with returns and growth over the medium to longer term at medium to high risk, predominantly obtained in the South African property market and sector. The majority of its assets will be invested in South African investment markets at all times and will predominantly be invested in securities of a property equity nature traded on the South African exchanges, participatory interests that derive income and growth of property nature, as well as non-equity securities.

Key stats

Management firm  ABSA Fund Managers
Domicile  South Africa
Global Branding Name  ABSA Fund Managers
12 month yield  3.38%
Fund currency  ZAR
Net Assets Date  2014-09-30
Net Assets  R459,944,539
Launch Date  2007-07-02
ISIN  ZAE000114880
Manager 1 Name  Fayyaz Mottiar
Manager 2 Name  Errol Shear
Fund Strategy  Property - Indirect South Africa & Namibia
Benchmark  FTSE/JSE SA Listed Property TR ZAR
Fund Structure  Unit Trust
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-09-30
Return - 1 Month  2.96%
Return - 2 Months  9.35 %
Return - 3 Months  13.54%
Return - 6 Months  20.22 %
Return - 9 months  21.89 %
Return - 12 Months  23.88%
Annualized return 24 months  16.46 %
Annualized return 36 months  22.24 %
Annualized return 48 months  18.15 %
Annualized return 60 months  19.29 %
Return 120 months  0.00 %
Annualized return since Inception  13.99%
Return YTD  21.89%

Ratings

Morning Star Rating Date   2014-09-30
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 - 60 Months  fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating
Morning Star Rating - Overall  fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating

Charges

Initial  0.00 %
Maximum Managment Charge  2.68 %
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  2014-10-16
Pre-tax nav  2.41
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-0.02
Price change (percentage)  -0.79 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

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Ratings Disclaimer

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