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0.03  /  0.03%

103.62

NAV on 2021/09/16
NAV on 2021/09/15 103.59
52 week high on 2021/08/31 103.8
52 week low on 2020/10/01 102.9
Total Expense Ratio on 2021/03/31 0.71
Total Expense Ratio (performance fee) on 2021/03/31 0
NAV
Incl Dividends
1 month change 0.07% 0.42%
3 month change 0.16% 1.28%
6 month change 0.38% 2.62%
1 year change 0.57% 5.17%
5 year change 0% 0%
10 year change 0% 0%
Price data is updated once a day.
Click and drag to zoom in on timeline.
  • Sectoral allocations
Basic Materials 10.88 0.16%
Derivatives 7.87 0.12%
Fixed Interest 979.86 14.70%
Liquid Assets 384.07 5.76%
Money Market 473.53 7.11%
SA Bonds 4805.53 72.11%
Offshore 2.09 0.03%
  • Top five holdings
U-TACTINC 522.85 7.85%
U-ACOREIN 295.14 4.43%
MONEYMARK 130.45 1.96%
MM-14MONTH 100.29 1.5%
U-APMMF 99.79 1.5%
  • Performance against peers
  • Fund data  
Management company:
Absa Fund Managers (RF) (Pty) Ltd.
Formation date:
2017/12/04
ISIN code:
ZAE000249181
Short name:
U-ABSMINC
Risk:
Unknown
Sector:
South African--Multi Asset--Income
Benchmark:
STeFI Call Deposit +1.5% p.a
  • Fund management  
Sheetal Rama
Sheetal joined Absa Multi Management in September 2005 as a Performance Analyst, she was promoted to a Research Analyst in August 2006 and became a Portfolio Manager in 2008. Sheetal completed her BSc (Actuarial Sciences) degree in 2003 at the University of Pretoria. She is responsible for managing various Absa Multi Management Unit Trust Funds as well as numerous wrap portfolios.
Neville James


  • Fund manager's comment

2020/02/13 00:00:00
The investment objective of the Absa Multi Managed Income Fund investment is to achieve a high level of sustainable income and stability of capital invested.
  • Fund focus and objective  
To achieve the portfolio objective, the asset allocation will be actively managed and will continually reflect the portfolio manager's view of the relative attractiveness of the various assets classes. Investments to be acquired for the portfolio may include equity securities, property securities, property related securities, interest bearing securities, non-equity securities, money market instruments, preference shares and assets in liquid form. The Absa Multi managed income fund is a multi-managed fund. The portfolio will comply with prudential investment guidelines to the extent allowed for by the Act, although the equity exposure may be as high as 10% of the portfolio net asset value.
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