You are currently viewing our desktop site, do you want to download our app instead?
Moneyweb Android App Moneyweb iOS App Moneyweb Mobile Web App

NEW SENS search and JSE share prices

More about the app

-0.02  /  -0.02%

101.76

NAV on 2021/09/17
NAV on 2021/09/16 101.78
52 week high on 2020/12/31 102.2
52 week low on 2021/03/08 101.4
Total Expense Ratio on 2021/03/31 0.59
Total Expense Ratio (performance fee) on 2021/03/31 0
NAV
Incl Dividends
1 month change -0.04% 0.37%
3 month change 0.09% 1.27%
6 month change 0.12% 2.45%
1 year change 0.12% 4.7%
5 year change 0.41% 7.15%
10 year change 0.2% 3.51%
Price data is updated once a day.
Click and drag to zoom in on timeline.
  • Sectoral allocations
Bond Funds 1.28 0.01%
Fixed Interest 942.17 4.60%
Liquid Assets -21.08 -0.10%
Money Market 4862.21 23.72%
SA Bonds 14717.86 71.78%
  • Top five holdings
MM-14MONTH 1003.01 4.89%
U-APMMF 942.17 4.6%
MONEYMARK 828.83 4.04%
MM-35MONTH 701.14 3.42%
MM-24MONTH 650.68 3.17%
  • Performance against peers
  • Fund data  
Management company:
Absa Fund Managers (RF) (Pty) Ltd.
Formation date:
2016/10/13
ISIN code:
ZAE000223384
Short name:
U-ACOREIN
Risk:
Unknown
Sector:
South African--Interest Bearing--Short Term
Benchmark:
JIBAR + 0.5%
  • Fund management  
James Turp
James Turp is the Head of Fixed Income as well as a Portfolio Manager. Responsible for money market, cash plus, income funds, multi asset income funds, inflation linked and bond mandates. He has over 28 years of financial market and investment experience, managing and trading fixed income and currency portfolios. Asset management, Bank as well as parastatal corporate treasury experience.


  • Fund manager's comment

2020/02/12 00:00:00
The Fund aims to provide investors with a higher level of current income than traditional money market collective investment scheme portfolios, while ensuring capital preservation and liquidity
  • Fund focus and objective  
The Absa Core Income Fund will predominantly invest in interest bearing and non-equity securities. Securities to be included in the portfolio will include assets in liquid form, money market instruments, bonds, debentures, debenture bonds, notes, preference shares (subject to the provisions of the Act), and any other income bearing instruments and securities that the Act may from time to time allow, listed and unlisted financial instruments, Interest bearing instruments and non-equity securities in the currency of a country other than the Republic may be included in the Fund.
INSIDER SUBSCRIPTIONS APP VIDEOS RADIO / LISTEN LIVE SHOP OFFERS WEBINARS NEWSLETTERS TRENDING PORTFOLIO TOOL CPD HUB

Follow us:

Search Articles:
Click a Company: