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Risk Rank: 3/10

Momentum Bond Fund (A)

South African - Interest bearing - Variable term
Code:RMGF
Inception:01 Feb 1995

Latest Price : 17 May 2013 R 1.77
12mth Sector Rank4 / 6
12mth Overall Rank199 / 304
12mth Volatility vs Sector Average0.97
Equinox Buy FeesWholesale0.000%
Management Company Annual Fees:***0.86%
PSG Annual Admin and Platform Fee[details]
TER Ratio0.87%
TER Performance- -
TER Date31 Mar 2013
Latest Total AssetsR 1,436.0m
Assets at end December 2012R 982.7m
Previous QuarterR 887.0m
Move+ R 95.6m
Income Declaration and Payment
DeclarationQuarterly: End of March, June, September and December
PaymentReinvestments are made within a few working days
View Distributions
Performance to 17 May 2013 ++
InvestedPriceIncomeTotal
3 months2.35%1.60%3.94%
6 months3.74%3.36%7.10%
1 year9.08%7.14%16.23%
3 years16.14%24.52%40.66%
5 years20.34%50.04%70.37%
Price History
Fees include VAT.
* Published Retail Buy Fee is always the highest fee charged by the Management company.
*** Management Company Annual Fees are automatically worked into price and distributions paid. ++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
Conrad Wood
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Fund Overview

Objectives: The Momentum Bond Fund is actively managed to provide regular income plus the opportunity for capital growth.

Benchmark:  The fund’s objective is to outperform the BEASSA All Bond Index as well as the Average of the Fixed Interest Bond Funds.

Other: This fund aims to provide a regular source of income with the potential for capital appreciation. The performance of the fund relative to BEASSA All Bond Index is a function of the average duration of the fund as well as the specific securities selected. The Metropolitan Gilt Unit Trust has merged with this fund with effect from 1 March 2012.

Fund Interviews and Articles
 
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Top Holdings at end December 2012
Holding% of Fund
REPUBLIC OF SOUTH AFRICA14.39%
REPUBLIC OF SOUTH AFRICA14.06%
REPUBLIC OF SOUTH AFRICA11.81%
BONDS7.23%
MMI 2013047.23%
REPUBLIC OF SOUTH AFRICA6.32%
MMI 2013066.00%
REPUBLIC OF SOUTH AFRICA5.75%
REPUBLIC OF SOUTH AFRICA5.66%
REPUBLIC OF SOUTH AFRICA2.95%
Total % 81.40%
Asset Allocation at end December 2012
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Top Holdings at end September 2012
Holding% of Fund
REPUBLIC OF SOUTH AFRICA16.98%
REPUBLIC OF SOUTH AFRICA13.97%
REPUBLIC OF SOUTH AFRICA13.00%
MMI 2013047.99%
MMI 2013016.87%
MMI 2013066.54%
REPUBLIC OF SOUTH AFRICA6.24%
REPUBLIC OF SOUTH AFRICA5.95%
BONDS5.60%
REPUBLIC OF SOUTH AFRICA4.99%
Total % 88.13%
View All
Top Holdings at end June 2012
Holding% of Fund
BONDS71.56%
MMI 20130411.91%
MMI 2013018.51%
MMI 2013053.59%
ESKOM HOLDINGS LIMITED2.50%
MMI 2013062.26%
ESKOM HOLDINGS LIMITED1.98%
DEVELOPMENT BANK OF SOUTHERN AFRICA1.90%
MMI 2012091.70%
MMI 2012111.69%
Total % 107.60%
 

 

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