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0.79  /  0.46%

169.95

NAV on 2021/09/17
NAV on 2021/09/16 169.16
52 week high on 2021/08/20 176.57
52 week low on 2020/11/02 159.79
Total Expense Ratio on 2021/06/30 1.21
Total Expense Ratio (performance fee) on 2021/06/30 0
NAV
Incl Dividends
1 month change -2.65% -2.65%
3 month change 0.78% 0.99%
6 month change -1.08% -0.88%
1 year change 2.33% 2.94%
5 year change 6.94% 7.81%
10 year change 0% 0%
Price data is updated once a day.
Click and drag to zoom in on timeline.
  • Sectoral allocations
Consumer Discretionary 7.43 0.39%
Financials 4.50 0.23%
Fixed Interest 102.56 5.32%
Liquid Assets 133.42 6.93%
Managed 7.78 0.40%
Technology 6.75 0.35%
Offshore 1663.89 86.38%
  • Top five holdings
VERIZON 111.59 5.79%
U-VEMONMM 102.37 5.31%
ALIBABA 91.70 4.76%
GLAXOSMITHKUK 88.10 4.57%
MERCK&CO 76.03 3.95%
  • Performance against peers
  • Fund data  
Management company:
Anchor Capital (Pty) Ltd.
Formation date:
2013/05/14
ISIN code:
ZAE000175683
Short name:
U-ANCWWFL
Risk:
Unknown
Sector:
Worldwide--Multi Asset--Flexible
Benchmark:
CPI + 4% p.a.
  • Fund management  
David Gibb
David Gibb has a BSc (Med) degree from the University of Cape Town together with CA (SA) and CFA qualifications. Having joined the local investment industry in 1994, David has many years of experience in both equity research and fund management, including running the equity research team at Stanlib. His focus is global investments with a bias towards equities.


  • Fund manager's comment

Anchor BCI World wide Flexible comment - Dec 19

2020/02/14 00:00:00
The Anchor BCI Worldwide Flexible Fund achieved a 21.9% return over the past 12 months, and an annualised return of 11.3% over the period since its incep..on in mid-May 2013. This compares with the benchmark return of 7.6% and 9.0%, respec..vely. The fund’ s performance over the past 12 months can also be compared against the S&P 500 and the FTSE All World indices, which were up 27.8% and 23.6%, respec..vely, both in rand terms. We began to take a more defensive stance in late 4Q19, by trimming holdings in various US financial companies including Synchrony Financial, Wells Fargo, US Bancorp and JP Morgan. No shares were bought during the quarter. This shi.. to a more defensive mindset followed a very strong performance from US equi..es in 2019 – the strongest since 2013. As a result, equity content ended the year at 85%, down from 93.3% at 30 September 2019. Exposure to emerging markets (EMs) decreased slightly to 7.7%, while overall exposure to EMs including equi..es, bonds, cash and currency hedges, was unchanged at 29.5%.
  • Fund focus and objective  
The por..olio is a Rand-denominated worldwide fund that has the flexibility
to invest in equi..es, bonds, property and cash both globally and in South
Africa.The heart of our philosophy is inves..ng in companies with a durable
compe....ve advantage that are underappreciated by investors and,
consequently, trade for less than they are worth. They have enduring
quali..es and a history of a..rac..ve returns on capital. Ideally, they are led
by highly talented management teams. The por..olio may, from ..me to
..me, invest in listed and unlisted financial instruments. The manager may
also include forward currency, interest rate and exchange rate swap
transac..ons for efficient por..olio management purposes.
The heart of our philosophy is investing in companies with a durable competitive advantage that are under appreciated by investors and, consequently, trade for less than they are worth. They have enduring qualities and a history of attractive returns on capital. Ideally, they are led by highly talented management teams. The portfolio may from time to time invest in listed and unlisted financial instruments. The manager may also include forward currency, interest rate and exchange rate swap transactions for efficient portfolio management purposes.
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