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Risk Rank: 5/10

Nedgroup Investments Managed Fund (A)

Domestic - Asset Allocation - Prudential Variable Equity
Code:NDBA
Inception:01 Nov 2003

Latest Price : 08 Sep 2010 R 3.63
12mth Sector Rank9 / 29
12mth Overall Rank149 / 482
12mth Volatility vs Sector Average1.1
Published Retail Buy Fee*3.42%
Equinox Buy FeesWholesale0.000%
+ Our Fee**0.285%
Management Company Annual Fees:***1.71%
Equinox Annual Fees:[details]
Latest Total AssetsR 3,256.6m
Assets at end June 2010R 3,067.8m
Previous QuarterR 2,892.2m
Move+ R 175.6m
Income Declaration and Payment
DeclarationTwice a year: End of June and end of December
PaymentWithin 14 days after declaration date
View Distributions
Performance to 08 Sep 2010 ++
InvestedPriceIncomeTotal
3 months2.09%0.98%3.07%
6 months2.48%0.98%3.46%
1 year9.41%2.18%11.59%
3 years8.46%10.86%19.31%
5 years44.92%22.84%67.76%
Price History
Fees include VAT. * Published Retail Buy Fee is always the highest fee charged by the Management company. ** Equinox buy fees are subject to a minimum and a maximum. [More Details] *** Management Company Annual Fees are automatically worked into price and distributions paid. [More Details] ++Price performances are based on historical price data, using a NAV price by NAV price comparison and exclude Equinox fees and management company initial fees. Income performances are based on interest and dividend distributions of the fund.
Fund Manager
Photo
Piet Viljoen.
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Fund Overview

Objectives: To achieve a balance between capital appreciation and portfolio risk by diversifying investments across various asset classes (shares, gilts, cash and listed property).

Benchmark: Unit Trust Mean (Asset Allocation Prudential Sector)

Universe: The fund complies with Regulation 28 of the Pension Funds Act and is therefore suitable for Pension and Provident Funds and individuals with a lower risk tolerance level. As a 'medium equity' fund, the fund manager is expected to maintain an equity exposure of between 40 and 60 %.

Other: The assets of the BoE Managed Fund, the FTNIB Balanced Fund and the Nedgroup Investments Balanced Fund were merged on November 1st, 2003 and transferred to the 'R' class of this fund. The assets of the Nedgroup Investments Flexible Asset Fund were transferred to the A class of this fund on November 1st 2004. New investments should be made into the 'A' class of the fund.

 
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Top Holdings at end June 2010
Holding% of Fund
INTL EQU UNIT TRUST18.50%
ZAR Cash13.76%
MMI 2010125.04%
SUNINT4.59%
DISCOVERY4.12%
MMI 2010073.69%
TELKOM3.34%
3.17%
ADCOCK2.96%
HARMONY2.93%
Total % 62.10%
Asset Allocation at end June 2010
View All
Top Holdings at end March 2010
Holding% of Fund
INTL EQU UNIT TRUST19.16%
ZAR Cash15.07%
MMI 2010125.24%
SUNINT4.63%
DISCOVERY4.26%
MMI 2010073.83%
IMPERIAL3.48%
ADCOCK3.45%
3.28%
TELKOM2.84%
Total % 65.24%
View All
Top Holdings at end December 2009
Holding% of Fund
INTL EQU UNIT TRUST18.40%
ZAR Cash18.37%
MMI 2010125.66%
DISCOVERY4.27%
SUNINT4.24%
MMI 2010104.15%
IMPERIAL3.38%
ADCOCK3.34%
TELKOM3.03%
HARMONY2.59%
Total % 67.43%
 

 

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