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-5.66  /  -0.56%

1013.13

NAV on 2021/09/23
NAV on 2021/09/22 1018.79
52 week high on 2021/08/20 1039.86
52 week low on 2021/06/07 897.34
Total Expense Ratio on 2021/06/30 2.12
Total Expense Ratio (performance fee) on 0
NAV
Incl Dividends
1 month change -2.22% -2.22%
3 month change 5.7% 5.7%
6 month change 7.69% 7.69%
1 year change 4.07% 4.07%
5 year change 10.11% 10.11%
10 year change 13.13% 13.13%
Price data is updated once a day.
Click and drag to zoom in on timeline.
  • Sectoral allocations
Fixed Interest 0.00 0.00%
Liquid Assets 12.46 3.91%
Offshore 306.49 96.10%
  • Top five holdings
SANCAP GRO 63.12 19.79%
O-GQGGLEQ 39.89 12.51%
LINDSELLTRAIN 37.18 11.66%
ARTISANGDISCO 30.36 9.52%
U-CMMCSMA 0.00 0%
  • Performance against peers
  • Fund data  
Management company:
Flagship Private Asset Management (Pty) Limited
Formation date:
2003/03/31
ISIN code:
ZAE000139044
Short name:
U-FSWFFOF
Risk:
Unknown
Sector:
Worldwide--Multi Asset--Flexible
Benchmark:
CPI plus 5%
Email
info@flagshipsa.com

Website
http://www.flagshipsa.com

Telephone
021-794-3140

  • Fund management  
Flagship Global Investment Team


  • Fund manager's comment

Flagship IP WW Flexible FoF comment - Dec 20

2021/02/03 00:00:00
The Flagship Worldwide Flexible Fund of Funds delivered a return of -1.5% for the month in Rands, underperforming its CPI +5% benchmark which was flat. However, year to date the fund is up 21.1% in Rands versus its benchmark which is up 8.4%. Lindsell Train was our largest contributor (+1.0% in ZAR) while GQG (-4.2%) and Mondrian (-3.2%) were our largest detractors.
As required by legislation, we confirm that the fund has adhered to its policy objective and strategy.
  • Fund focus and objective  
The Flagship IP Worldwide Flexible Fund of Funds is diversified across geographic regions, asset classes and fund managers. It comprises a number of individual portfolios, either managed by an external fund manager (other than Flagship) or an exchange traded fund (which typically comprises a portfolio of shares or other assets matched to a specific category or country index). This strategy diversifies single manager and single style risk associated with investing through one asset manager only. The fund can be diversified across equities, bonds, property and cash and there is no restriction on the proportion in any investment category. The fund is registered with the Registrar of Unit Trusts and is administered by IP Management Company. The investment philosophy is medium to long term in nature but with a conservative bias. Our key benchmarks are CPI +5% and the MSCI World Index in rands. The fund is classified in the Worldwide - Asset Allocation - Flexible sector.
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