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0.03  /  0.02%

195.78

NAV on 2021/09/22
NAV on 2021/09/21 195.75
52 week high on 2021/08/26 197.5
52 week low on 2020/11/02 185.75
Total Expense Ratio on 2021/06/30 2.2
Total Expense Ratio (performance fee) on 2021/06/30 0
NAV
Incl Dividends
1 month change -0.64% -0.64%
3 month change 0.06% 1.08%
6 month change 0.55% 1.58%
1 year change 4.99% 7.69%
5 year change 0.74% 3.19%
10 year change 3.17% 5.47%
Price data is updated once a day.
Click and drag to zoom in on timeline.
  • Sectoral allocations
Fixed Interest 45.19 74.35%
Liquid Assets 0.13 0.21%
Spec Equity 15.46 25.44%
  • Top five holdings
U-BCIINCP 15.70 25.83%
U-MEINCPL 15.69 25.81%
U-OMINC 13.81 22.71%
U-SYG4IRG 7.40 12.17%
U-BCIFLEX 3.73 6.14%
  • Performance against peers
  • Fund data  
Management company:
Boutique Collective Investments (RF) (Pty) Ltd.
Formation date:
2005/02/16
ISIN code:
ZAE000062469
Short name:
U-XHIBALA
Risk:
Unknown
Sector:
South African--Multi Asset--High Equity
Benchmark:
CPI + 3%
Email
clientservices@bcis.co.za

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

Telephone
021-007-1500

  • Fund management  
André Delport
André of Kanaan Trust, is a registered fund manager with the FSB. He is known for his successful macro top-down methodology as opposed to the more popular bottom-up style, which enabled him to switch funds under management timeously and totally to the money market before the 1987 crash, literally weeks before the August 1998 crash, and also before the March 2000 technology crash. He has featured in the weekly financial talk show on the regional station, Radio Kwezi since 1997. In addition to this he has featured on Radio SA FM on an ad hoc basis.
Gert Delport
Assistant Financial manager and Analyst
Kanaan Trust


  • Fund manager's comment

Kanaan BCI Balanced FoF comment - Sep 19

2019/10/30 00:00:00
Review:
The fund showed a return of 0.22% for the month while the FTSE/JSE All Share Index showed a return of -0.79% over the same period.
Outlook:
The fund ended 2017 nett of all fees better than inflation and the money market, mainly due to our 25% exposure to offshore funds. We have increased that exposure now to 30% (taking into account the exposure of Flexible Equity Funds to Offshore Companies, to which we are also exposed), with our exposure to high return income funds at 25% and the balance in flexible equity funds.
Taking into account the huge uncertainty in South Africa because of socio-political problems and the exodus of ZAR, the trade war between the USA and China, and Brexit we have decided to take profit of the good returns we have had since January and to switch the maximum allowable exposure of 30% to Stanlib USD Currency FoF and the balance to a portfolio of SA Income Funds, which have been doing much better than the money market over the past few years; just for July 0.82% and YTD up to July 5.87%. A majority of economists believe that the rand can depreciate to 20 ZAR/USD in the next 12 months.
  • Fund focus and objective  
The portfolio invests in equity, property, target return, bond and money-market collective investment schemes. The primary investment objective of the portfolio is to provide the investor with long term capital growth as well as a reasonable level of income. The fund complies with Regulation 28 in terms of Prudential Investment Guidelines.
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