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0.01  /  0.01%

96.64

NAV on 2021/09/17
NAV on 2021/09/16 96.63
52 week high on 2021/08/31 96.84
52 week low on 2020/10/01 95.92
Total Expense Ratio on 2021/06/30 0.52
Total Expense Ratio (performance fee) on 0
NAV
Incl Dividends
1 month change 0.02% 0.44%
3 month change 0.07% 1.29%
6 month change 0.1% 2.56%
1 year change 0.51% 5.29%
5 year change 0% 7.5%
10 year change -0.08% 7.13%
Price data is updated once a day.
Click and drag to zoom in on timeline.
  • Sectoral allocations
Fixed Interest 470.90 2.69%
Liquid Assets 64.48 0.37%
Money Market 5789.40 33.09%
SA Bonds 11173.00 63.85%
  • Top five holdings
MONEYMARK 2095.89 11.98%
MM-10MONTH 728.06 4.16%
U-BJMMMRK 470.90 2.69%
MM-21MONTH 350.86 2.01%
MM-35MONTH 302.19 1.73%
  • Performance against peers
  • Fund data  
Management company:
Ashburton Management Company (RF) (Pty) Ltd.
Formation date:
2009/01/01
ISIN code:
ZAE000127759
Short name:
U-ASHSTNC
Risk:
Unknown
Sector:
South African--Interest Bearing--Short Term
Benchmark:
STeFI Composite Index over a rolling 12 month period
  • Fund management  
Albert Botha
Albert Botha is Head of Fixed Income Portfolio Management at Ashburton Investments. Albert studied at the University of Stellenbosch, majoring in Actuarial Science, Economics and Financial Risk Management.
Kgothatso Nyabela


  • Fund manager's comment
No fund manager's comment available.
  • Fund focus and objective  
The Ashburton Stable Income Fund is an actively managed cash fund which is designed to deliver returns that are higher than that of a traditional money market unit trust fund. This fund differs from a money market fund due to the fact that the investment manager is able to invest in income generating instruments with a longer maturity than that of a traditional money market fund. The Fund will comply with regulations governing retirement funds.The investment objective of the portfolio is to maximise the current level of income within the restrictions set out in the investment policy, while providing high stability of capital. The portfolio will aim to achieve performance returns in excess of money market yield and current account yields. Risks include political, economic, interest rate risk, default risk as well as general market risk which could lead to an increase in bond yields and credit risk.
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