OVERVIEW

Woodland Ci Unconstrained Balanced Fund
May 2024

INFORMATION
DISCLOSURE

Calculation Period
Inception to 31 Mar 2024
Benchmark
CPI for all urban areas + 5% over any rolling 5 year period
ASISA Classification
Worldwide - Multi Asset - Flexible
Total Investment Charge
1.47%
Foreign Exposure
Up to 80%
Risk Profile
Moderate - High
Transaction Cost
0.42%
Fund Size
R 498.2 million
Total Expense Ratio
1.05%
Equity Exposure
0% - 80%

About

Investment Objective
The investment objective of the portfolio is to provide long term capital growth. The portfolio maintains a moderate to high risk profile and the portfolio's equity exposure will be limited to a maximum of 80% of the portfolio's net asset value. A maximum of 80% of the portfolio's net asset value may be invested outside of South Africa. 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 fully flexible portfolio which means that it may invest in a spectrum of equity, bond, property and money market and tends to have an increased probability of short term volatility and aims to maximise long term capital growth. The portfolio may have a maximum equity exposure of up to 80%. This portfolio may, at the discretion of the portfolio manager, invest up to 80% 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 to high, as it may invest up to 80% in equity securities, both locally and abroad.

ASSET
ALLOCATION

SA Equity
38.34%
Global Equity
33.76%
SA Bonds
16.88%
Global Cash
5.17%
Global Bonds
2.92%
SA Cash
2.29%
SA Property
0.43%
Commodities
0.2%
Global Property
0.01%

UNDERLYING
HOLDINGS

Global Direct Equity
16.02%
Ninety One Corporate Bond Fund
11.99%
36ONE BCI SA Equity Fund
10.84%
Fairtree Equity Prescient Fund
10.71%
PSG SA Equity Fund
10.49%
Coronation Smaller Companies Fund
7.46%
Artisan Global Value Fund
7.09%
Orbis Global Equity Fund
7.08%
SA Bonds
5.36%
Global Cash
4.03%
Lindsell Train Global Equity Fund
3.61%
iShares 1-3 Year Treasury Bond ETF
2.02%
iShares US Treasury 0-1YR UCITS ETF
2.01%
SA Cash
1.29%

ANNUALISED
PERFORMANCE

Highest 1 year rolling return
16.19%
Lowest 1 year rolling return
4.93%
* Benchmark: CPI for all urban areas + 5% over any rolling 5 year period
* Asisa: Worldwide - Multi Asset - Flexible

TOP 10 EQUITY
EXPOSURES

1. Pacific Horizon Inv Trust
4.21%
2. Schroder Asian
3.92%
3. Naspers
2.38%
4. Prosus
2.18%
5. Anglo American
1.85%
6. ABSA
1.74%
7. Edinburgh Worldwide Inv Trust
1.70%
8. Smithson Investment Trust
1.67%
9. AngloGold Ashanti
1.51%
10. FirstRand
1.50%
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 498.2 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
1.05%
Transaction Cost
0.42%
Total Investment Charge
1.47%
Calculation Period
Inception to 31 Mar 2024
Income Declaration Dates
30 June & 31 December
Last 12 Month Distributions
29/12/2023: (A) 2.03, 30/06/2023: (A) 2.24
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
Worldwide - Multi Asset - Flexible
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