OVERVIEW

Roxburgh Ci Income Fund
31 March 2024

INFORMATION
DISCLOSURE

Calculation Period
Inception to 31 Dec 2023
Benchmark
110% of the Stefi Composite Index over a rolling 12-month period.
ASISA Classification
South African – Multi Asset – Income
Total Investment Charge
0.55%
Foreign Exposure
Up to 45%
Risk Profile
Low
Transaction Cost
0.02%
Fund Size
R 500.2 million
Total Expense Ratio
0.53%
Equity Exposure
Up to 10%

About

Investment Objective
The objective of this multi asset income portfolio is to generate yield and aim to outperform inflation over time. The composition of the portfolio shall reflect the investment structure of a retirement fund with a low risk profile and will comply with Regulation 28 of the Pension Funds Act. The Fund may from time to time invest in listed and unlisted derivatives, to achieve the portfolio's investment objective.
Characteristics
This is a multi-asset income portfolio which means that it may invest in a spectrum of equity, bond, money market, or real estate markets with the primary objective of maximising income. This portfolio can have a maximum effective equity exposure (including international equity) of 10% and a maximum effective property exposure (including international property) of 25% of the market value of the portfolio. 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 low, as it may only invest up to 10% in equity securities, both locally and abroad.

ASSET
ALLOCATION

Bonds
80.28%
SA Cash
15.1%
Global Bonds
3.98%
Global Cash
0.64%

UNDERLYING
HOLDINGS

SA Bonds
80.28%
SA Cash
15.10%
Global Bonds
3.98%
Global Cash
0.64%

ANNUALISED
PERFORMANCE

Highest 1 year rolling return
9.12%
Lowest 1 year rolling return
8.12%
* Benchmark: 110% of the Stefi Composite Index over a rolling 12-month period.
* Asisa: South African – Multi Asset – Income

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 December 2022
Opening Nav Price
100.00 cents per unit
Fund Size
R 500.2 million
Initial Fee
Class B: 0%, Class I: 0%
Initial Advisory Fee Maximum
0 - 3.45% (Incl. VAT)
Annual Service Fee
Class B: 0.518% (Incl. VAT), Class I: 0.403% (Incl. VAT)
Annual Advisory Fee Maximum
Maximum 1.15% (Incl. VAT)
Total Expense Ratio
0.53%
Transaction Cost
0.02%
Total Investment Charge
0.55%
Calculation Period
Inception to 31 Dec 2023
Income Declaration Dates
31 March, 30 June, 30 September and 31 December
Last 12 Month Distributions
28/03/2024: (B) 2.12, 29/12/2023: (B) 1.80 29/09/2023: (B) 1.68, 30/06/2023: (B) 2.13
Income Reinvestment / Payout Dates
2nd working day in April, July, October and 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 – Income
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