1NVEST SA Property ETF
South African--Real Estate--General
Focus and Objective The aim of the portfolio is to provide returns linked to the performance of the SA Listed Property Index ("the Index") in terms of both price performance as well as income from the component securities of the index. The portfolio will aim to track the performance of the index. In order to achieve the abovementioned objective, the portfolio will generally invest in all of the component securities of the Index in proportion to their weighting in the Index and will under normal circumstances aim to invest at least 90% of its total assets in the shares, or equivalent securities, composing the Index. However, due to various factors, including the costs and expenses involved as well as illiquidity of securities, it may not be possible or practicable to purchase the entire component securities in their weightings or purchase them at all. In such event, the Investment Adviser may use quantitative techniques to hold a representative sample of the Index. Such techniques involve considering the inclusion of each security based on its investment characteristics, fundamental characteristics and liquidity. In no event will the portfolio be managed according to the traditional approach of active investment management, rather a passive approach will be applied. The portfolio may hold liquid assets on an ancillary basis. The portfolio aims to hold component securities in the Index so that the weighting of each security it holds does not diverge substantially from the weighting of that component in the Index. The portfolio will not exercise any voting rights in respect of constituent securities. Management Ryan Basdeo, BCom, (Taxation), MBA (Wits), Registered Security Trader After beginning his career as a financial accountant in the employee benefits industry, Ryan joined STANLIB Asset Management in their Institutional Pricing team in 2008. He got experience in the Offshore Trades Processing team from 2010, before moving on to Alternative Investments as market maker for the ETFs and executing trades for the index-tracking funds, as well as assistance with portfolio management. He was appointed a Portfolio Manager in 2017. Ryan has a BCom in Taxation degree, is a JSE Registered Securities Trader, as well as a Registered Bond Trader and has been awarded a MBA from Wits Business School.   Comparative Performance     Technical Overview Formation Date: 14 Feb 2013 JSE Code: ETFSAP Benchmark: FTSE/JSE Africa SA Listed Property Index Holdings: 22 Unit Holders: 1 Original Price: 5039 Pricing System: Forward Minimum Lump Sum: n/a Minimum Monthly: n/a Risk Rating: High   Dividend Yield Vertical lines represent dividends.   Dividend History (last 3 years) 8 Jan 2019 93.72c 9 Oct 2018 126.30c 10 Jul 2018 72.15c 10 Apr 2018 129.52c 22 Dec 2017 70.37c 3 Oct 2017 137.35c 27 Jun 2017 117.34c 31 Mar 2017 123.83c 31 Dec 2016 83.13c 30 Sep 2016 104.21c 30 Jun 2016 113.50c 31 Mar 2016 64.45c Fees TER (30 Sep 2019): 0.30% Perf Fee TER (30 Sep 2019): 0% Annual: 0.29% Performance:0   Top Holdings on 30 Sep 2019 Share No Units Value (Rm) % of Fund GROWPNT 836 641 19.33 20.96% NEPIROCK 101 618 13.49 14.63% REDEFINE 1 627 781 12.75 13.82% FORTRESSA 338 578 6.97 7.56% RESILIENT 77 525 5.02 5.45% Totals   57.56 62.42%   Asset Allocation   Sectoral Breakdown 1NVEST SA Property ETF Price   Performance to 12 Dec 2019 R1 000 Lumpsum (NAV-NAV Incl. Dividends) Period Return Value(R) Inflation(R) 3 Months 0.25% 1 002.50 1 003.50 6 Months -4.14% 958.60 1 013.30 1 Year 0.53% 1 005.30 1 037.30 3 Years -3.23% 906.10 1 143.70 5 Years 1.63% 1 084.00 1 280.10   R100 per Month (NAV-NAV Incl. Dividends) Period Return Value(R) Inflation(R) 3 Months -0.71% 298.58 300.62 6 Months -2.16% 592.50 603.63 1 Year -3.86% 1 175.21 1 222.97 3 Years -5.82% 3 294.30 3 837.73 5 Years -3.30% 5 522.35 6 753.49 * Values for periods greater than one year are annualised   Back to Top ProfileData has taken care in preparing this information but does not accept any liability for errors or out-of-date information. [  © Copyright Reserved 2019  ]