OVERVIEW

Woodland Ci Balanced Fund
May 2024

INFORMATION
DISCLOSURE

Calculation Period
Inception to 31 Mar 2024
Benchmark
CPI for all urban areas + 4% over any rolling 5 year period
ASISA Classification
South African – Multi Asset – High Equity
Total Investment Charge
1.43%
Foreign Exposure
Up to 45%
Risk Profile
Moderate
Transaction Cost
0.34%
Fund Size
R 478.4 million
Total Expense Ratio
1.09%
Equity Exposure
0% - 75%

About

Investment Objective
The investment objective of the portfolio is to provide long term capital growth. The portfolio maintains a moderate risk profile and the portfolio's equity exposure will be limited to a maximum of 75% of the portfolio's net asset value. The portfolio will comply with Regulation 28 of the Pension Funds Act. The portfolio may from time to time invest in listed and unlisted instruments, in order to achieve the portfolio's investment objective.
Characteristics
This is a multi-asset high equity portfolio which means that it may invest in a spectrum of investments in the equity, bond, money, or property markets. This portfolio tends to display reduced short term volatility, aim for long term capital growth and can have a maximum effective equity exposure (including international equity) of 75% and a maximum effective property exposure (including international property) of 25% of the market value of the portfolio at all times. This portfolio may, at the discretion of the portfolio manager, invest up to 45% of the assets outside of South Africa.
Risk Reward Profile
Typically, the lower the risk, the lower the potential return and the higher the risk, the higher the potential return. There is no guarantee that returns will be higher when investing in a portfolio with a higher risk profile. The risk profile for this portfolio is rated as moderate, as it may invest up to 75% in equity securities, both locally and abroad.

ASSET
ALLOCATION

SA Equity
48.94%
Global Equity
24.57%
SA Bonds
22.64%
SA Cash
2.98%
SA Property
0.55%
Commodities
0.25%
Global Cash
0.06%
Foreign Property
0.01%

UNDERLYING
HOLDINGS

Ninety One Corporate Bond Fund
16.17%
36ONE BCI SA Equity Fund
13.61%
Fairtree Equity Prescient Fund
13.47%
Global Direct Equity
13.32%
PSG SA Equity Fund
13.19%
Coronation Smaller Companies Fund
10.14%
SA Bonds
7.09%
Orbis Global Equity Fund
5.11%
Lindsell Train Global Equity Fund
4.12%
Artisan Global Value Fund
2.08%
SA Cash
1.69%
Global Cash
0.01%

ANNUALISED
PERFORMANCE

Highest 1 year rolling return
14.97%
Lowest 1 year rolling return
3.92%
* Benchmark: CPI for all urban areas + 4% over any rolling 5 year period
* Asisa: South African – Multi Asset – High Equity

TOP 10 EQUITY
EXPOSURES

1. Pacific Horizon Inv Trust
3.25%
2. Schroder Asian
3.07%
3. Naspers
2.93%
4. Prosus
2.61%
5. Anglo American
2.27%
6. ABSA
2.13%
7. AngloGold Ashanti
1.86%
8. FirstRand
1.84%
9. Gold Fields
1.50%
10. Glencore
1.49%
Top 10 equity exposures are one month lagged.

PORTFOLIO
MANAGEMENT

Management Company
The portfolios are hosted and administered by Ci Collective Investments (RF) (Pty) Ltd (“Ci”). Ci is owned by a number of like-minded boutique multi-managers and managed by a team of experts, each with significant experience in the collective investments industry. Ci is approved by the FSCA as a manager in terms of the Collective Investment Schemes Control Act.

ADDITIONAL
INFORMATION

Launch Date
1 February 2022
Opening Nav Price
100.00 cents per unit
Fund Size
R 478.4 million
Initial Fee
Class A: 0%
Initial Advisory Fee Maximum
Maximum 3.45% (Incl. VAT)
Annual Service Fee
Class A: 0.863% (Incl. VAT)
Annual Advisory Fee Maximum
Maximum 1.15% (Incl. VAT)
Total Expense Ratio
1.09%
Transaction Cost
0.34%
Total Investment Charge
1.43%
Calculation Period
Inception to 31 Mar 2024
Income Declaration Dates
30 June & 31 December
Last 12 Month Distributions
29/12/2023: (A) 2.06, 30/06/2023: (A) 2.53
Income Reinvestment / Payout Dates
2nd working day in July & January
Transaction cut-off time
14:00
Valuation Time
17:00
Frequency of pricing
Our daily NAV prices are published on our website and in the national newspaper
ASISA Classification
South African – Multi Asset – High Equity
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