0860 378 466
info@psgonline.co.za
08h00 - 17h00 Mon - Fri

Momentum Maximum Income Fund (A)

South African - Interest bearing - Short term
Code:RMMF
Inception:01 Feb 1995

Latest Price : 22 Apr 2014 R 1.10
12mth Sector Rank8 / 10
12mth Overall Rank308 / 351
12mth Volatility vs Sector Average1.54
Equinox Buy FeesWholesale0.000%
Management Company Annual Fees:***0.86%
PSG Annual Admin and Platform Fee[details]
TER Ratio0.87%
TER Performance- -
TER Date30 Sep 2013
Latest Total AssetsR 959.5m
Assets at end December 2013R 962.6m
Previous QuarterR 1,159.5m
Move- R 196.9m
Income Declaration and Payment
DeclarationQuarterly: End of March, June, September and December
PaymentReinvestments and distributions are paid out within a few working days
Performance to 22 Apr 2014 ++
InvestedPriceIncomeTotal
3 months0.13%1.49%1.62%
6 months-0.13%2.95%2.82%
1 year-0.96%5.74%4.78%
3 years1.23%16.33%17.56%
5 years-0.08%30.91%30.83%
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
Fund Overview
Objectives: This fund aims to outperform a regular annual fixed deposit or money market investment over time.

Benchmark: The fund's performance should be compared to the performance of the average performance of other funds in the same sector.

Fund strategy: The RMB Maximum Income Fund is actively managed to ensure that the portfolio always generates the highest level of income consistent with low risk .

 
Top Holdings at end December 2013
Holding% of Fund
ZAR Cash17.80%
MMI 2015074.76%
BOND DERIVATIVES4.27%
MMI 2016033.97%
MMI 2014043.66%
MMI 2015013.42%
REPUBLIC OF SOUTH AFRICA3.19%
MMI 2015033.13%
MMI 2016073.06%
MMI 2016042.76%
Total % 50.02%
Asset Allocation at end December 2013
Top Holdings at end September 2013
Holding% of Fund
BONDS48.94%
MMI 2014044.51%
MMI 2014064.07%
MMI 2014053.65%
REPUBLIC OF SOUTH AFRICA3.26%
MMI 2014022.35%
MMI 2013102.27%
MMI 2014031.82%
MMI 2014071.66%
FIRSTRAND BANK LIMITED1.61%
Total % 74.14%
Top Holdings at end June 2013
Holding% of Fund
BONDS41.43%
REPUBLIC OF SOUTH AFRICA4.32%
MMI 2014054.11%
MMI 2013102.85%
MMI 2014042.25%
REPUBLIC OF SOUTH AFRICA2.16%
MMI 2013071.90%
SANLAM LIFE INSURANCE LIMITED1.89%
NEDBANK LIMITED1.85%
MMI 2016041.49%
Total % 64.25%
 

 

Bookmark and Share
PSG Online Solutions (Pty) Ltd is an authorised Financial Service Provider FSP No. 42524

All investments, including unit trusts, carry risk. The value of your investments can go down as well as up. Information and opinion provided on this website is of a general nature. It does not take into account any person's specific circumstances. It is not intended to provide personalised financial advice, and should not be construed as such.

Contact us by email at info@psgonline.co.za or phone 0860 378 466.

Copyright PSG Online 2012 | All Rights Reserved