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0.01  /  0.01%

100.4

NAV on 2021/09/17
NAV on 2021/09/16 100.39
52 week high on 2021/07/30 100.62
52 week low on 2021/05/04 99.99
Total Expense Ratio on 2021/06/30 0.87
Total Expense Ratio (performance fee) on 2021/06/30 0
NAV
Incl Dividends
1 month change 0.12% 0.4%
3 month change 0.14% 1.13%
6 month change 0% 0%
1 year change 0% 0%
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
Fixed Interest 29.26 43.78%
Liquid Assets -3.20 -4.79%
Money Market 9.58 14.34%
SA Bonds 31.20 46.67%
  • Top five holdings
U-SLINCR 13.12 19.62%
U-SLEINCR 13.11 19.62%
MM-12MONTH 5.72 8.55%
MM-09MONTH 3.87 5.79%
U-SBKIMM 3.01 4.51%
  • Performance against peers
  • Fund data  
Management company:
Boutique Collective Investments (RF) (Pty) Ltd.
Formation date:
2021/05/03
ISIN code:
ZAE000295234
Short name:
U-FG1ENY
Risk:
Unknown
Sector:
South African--Interest Bearing--Short Term
Benchmark:
SteFI Composite Index
Email
clientservices@bcis.co.za

Website
http://www.bcis.co.za

Telephone
021-007-1500

  • Fund management  
First Global 1


  • Fund manager's comment
No fund manager's comment available.
  • Fund focus and objective  
The First Global 1 BCI Enhanced Yield Fund is an income portfolio with an objective to enhance the portfolio's income yield by actively managing interest rate risk and credit risk through the interest rate cycles. This will be achieved by making use of short-dated domestic fixed income instruments to deliver a diversified money market solution that has low volatility and high liquidity combined with carefully monitoring of its capital stability.
The maximum weighted average duration of the underlying holdings will be limited to 365 days and the maximum tenor of any one instrument is 60 months. Investments to be acquired for the portfolio may include securities of an interest-bearing nature, including loan stock, debentures, debenture stock, debenture bonds, unsecured notes, preference shares of an income nature, financial instruments and any other non-equity securities which are considered consistent with the portfolio's primary objective and that the Act or the Registrar may allow from time to time.
The portfolio may also invest in participatory interests and other forms of participation in portfolios of collective investment schemes, registered in South Africa. The portfolio may from time to time invest in listed and unlisted financial instruments, in accordance with the provisions of the Act, and the Regulations thereto, as amended from time to time, in order to achieve the portfolio's investment objective. The Trustee shall ensure that the investment policy set out in this Supplemental Deed is carried out.
For the purpose of this portfolio, the manager shall reserve the right to close the portfolio to new investors on a date determined by the manager. This will be done in order to be able to manage the portfolio in accordance with its mandate. The manager may, once a portfolio has been closed, open that portfolio again to new investors on a date determined by the manager.
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