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Portfolio details

Nedgroup Investments Balanced Fund


Portfolio objective

The unit trust portfolio seeks to offer investors medium- to long-term income and capital growth by actively investing in a mix of local and offshore assets. The investment manager may invest in a combination of local and offshore equities, bonds, property and cash. A maximum of 75% of the portfolio's assets may be invested in equities at all times. The unit trust portfolio complies with Regulation 28 of the South African Pension Funds Act.  


Investor profile

The unit trust portfolio is suitable for investors requiring moderate capital growth and who do not wish to make complex asset allocation decisions between equity, cash and bonds, both locally and offshore.


Socially responsible investing

The unit trust portfolio seeks to provide a sustainable income stream through the donation of a portion of the fee income - not the investor's investment return of capital appreciation - to community organisations. Current beneficiaries include Nicro's Community Victim Support Service, Childline South Africa, Rape Crisis and Habitat for Humanity.


Sector

Domestic - Asset Allocation - Prudential Variable Equity


Benchmark

Prudential Variable Equity Unit Trust Mean


Risk rating

Medium


Appropriate term

Minimum 3 - 5 years


Income distributions

30 June, 31 December


Inception date

1 December 1999


Minimum investments

Lump sum R10,000 / Monthly debit order R500


Fees (including VAT)

Initial fee: 0%

Financial planning fee: max 3.42%

Annual portfolio management fee (A): 1.71%

Price & Performance

Performance:

1 year to 31 Dec 2011: 6.9% pa
3 years to 31 Dec 2011: 11.5% pa
5 years to 31 Dec 2011: 4.7% pa
7 years to 31 Dec 2011: 10.8% pa
10 years to 31 Dec 2011: 12.0% pa

Price at 03/02/2012:

Class: R | Price: -
Class: A | Price: 3003.21
Class: A1 | Price: -
Class: B | Price: -

Top Shares at 31/12/2011

Share: % Fund
Nedgroup Inv Global Balanced Fund 17.8
Naspers Ltd 7.5
Anglo American Plc 7.2
MTN Group Ltd 6.1
Anglo American Platinum Ltd 4.7
Sasol Ltd 4.2
BHP Billiton Plc 3.0
Anglogold Ashanti Ltd 2.3
Coronation Fund Managers 2.2
Imperial Holdings Limited 2.0

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