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0.2  /  0.11%

186.47

NAV on 2021/09/16
NAV on 2021/09/15 186.27
52 week high on 2021/08/27 188.5
52 week low on 2020/11/02 169.73
Total Expense Ratio on 2021/06/30 1.76
Total Expense Ratio (performance fee) on 2021/06/30 0
NAV
Incl Dividends
1 month change -0.49% -0.49%
3 month change 1.26% 1.76%
6 month change 1.9% 3.06%
1 year change 6.84% 10.17%
5 year change 3.29% 6.76%
10 year change 5.63% 8.84%
Price data is updated once a day.
Click and drag to zoom in on timeline.
  • Sectoral allocations
Fixed Interest 473.58 62.89%
General Equity 105.77 14.05%
Liquid Assets 1.24 0.17%
Spec Equity 172.42 22.90%
  • Top five holdings
U-DEL4B 473.58 62.89%
U-SESPROP 30.80 4.09%
U-BCIFLEX 30.64 4.07%
U-FUNDSMI 26.23 3.48%
U-SELEEEF 25.87 3.44%
  • Performance against peers
  • Fund data  
Management company:
Celtis Financial Services (Pty) Ltd.
Formation date:
2007/02/02
ISIN code:
ZAE000090080
Short name:
U-CELCON
Risk:
Unknown
Sector:
South African--Multi Asset--Low Equity
Benchmark:
CPI +3% p.a.
Email
reception@celtis.co.za

Website
www.celtis.co.za

Telephone
014-533-1021

  • Fund management  
Celtis


  • Fund manager's comment

Celtis MET Conservative FoF comment - Sep 13

2013/11/25 00:00:00
Risk-on was the theme for the month of September as investors clamoured for risky assets after the Fed decided to hold off on their tapering strategy until they had better assurances from economic growth and performance indicators. Global markets were boosted by the news and had an exceptional month. The MSCI World Index and the MSCI Emerging Markets Index returned 4.82% and 6.23% respectively, while MSCI Africa ex SA returned 5.42% in dollars. German, Japanese and French markets delivered close to and over 8% in dollar terms, while the S&P 500 returned 3%.
Local markets began the month on a cautious note as labour unrest began to take hold of the key export sectors in motoring and gold mining. This however did not fail to hamper the All Share rally, which reached a new high of over 44,000 index points. The All Share delivered 5.08%, which was driven by industrials (4.25%) and financials (6.32%) while resources returned 1.96%. Large caps delivered 5.66%, while mid-caps and small-cap shares returned 4.91% and 6.23% respectively.
Investors also benefitted from a substantial rally in both local bonds and listed property, with the All Bond index up 3.9%, Inflation-linked bonds up 2.91% and local listed property up a stellar 6.71% on the back of improving fundamentals, a stronger rand and lower bond yields.
The rand ended the month stronger against the dollar at R10, while flat against the Euro (R13.55) and slightly weaker against the sterling (R16.25). Inflation remains vulnerable in South Africa as it is currently above the target bands at 6.43%, and continues to face upward pressures from the weakening rand and the impact of the higher unitised costs of labour.
  • Fund focus and objective  
This is a cautious managed fund of funds. The primary investment objective of the portfolio is to provide the investor with a high level of income and stable capital growth, and will seek to follow an investment policy which will reflect a spread of investments aiming at income and capital growth normally associated with the investment structure of a retirement fund with a cautious risk profile. This fund complies with Regulation 28.
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