OVERVIEW

Woodland Ci Balanced Fund

31 October 2024

INFORMATION DISCLOSURE

Fund Size

R 551.8 million

Risk Profile

Moderate

ASISA Classification

South African – Multi Asset – High Equity

Benchmark

CPI for all urban areas + 4% over any rolling 5 year period

Total Expense Ratio

1.12%

Transaction Cost

0.32%

Total Investment Charge

1.44%

Calculation Period

Inception to 30 Jun 2024

Foreign Exposure

Up to 45%

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

UNDERLYING HOLDINGS

  • Ninety One Corporate Bond Fund

    15.23%

  • 36ONE BCI SA Equity Fund

    12.13%

  • PSG SA Equity Fund

    12.04%

  • Fairtree Equity Prescient Fund

    11.82%

  • Global Direct Equity

    11.14%

  • Coronation Smaller Companies Fund

    9.55%

  • SA Bonds

    6.69%

  • Orbis Global Equity Fund

    4.46%

  • Artisan Global Value Fund

    4.19%

  • Lindsell Train Global Equity Fund

    3.51%

  • iShares Latin America 40 ETF

    2.97%

  • Global Cash

    2.24%

  • iShares Core MSCI Emerging Markets ETF

    1.73%

  • SA Cash

    0.80%

  • iShares MSCI China A ETF

    0.75%

  • iShares MSCI China ETF

    0.75%

ANNUALISED PERFORMANCE

Highest 1 year rolling return

25.60%

Lowest 1 year rolling return

3.92%

TOP 10 EQUITY EXPOSURES

  • 1. Naspers

    2.81%

  • 2. Schroder Asian

    2.74%

  • 3. Pacific Horizon Inv Trust

    2.52%

  • 4. Prosus

    2.47%

  • 5. ABSA

    2.04%

  • 6. FirstRand

    1.96%

  • 7. AngloGold Ashanti

    1.67%

  • 8. Standard Bank

    1.59%

  • 9. Discovery

    1.47%

  • 10. Anglo American

    1.43%

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

01 February 2022

Opening Nav Price

100.00 cents per unit

Fund Size

R 551.8 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

1.12%

Transaction Cost

0.32%

Total Investment Charge

1.44%

Calculation Period

Inception to 30 Jun 2024

Income Declaration Dates

30 June & 31 December

Last 12 Month Distributions

28/06/2024: (A) 2.14, 29/12/2023: (A) 2.06

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