Obsidian Sanlam Collective Investments Balanced Fund
South African--Multi Asset--High Equity
1286.41    -5.41    (-0.42%)
NAV price Mon 15 Oct (change prev day)
<i><b>  Performance</b></i><hr/>This guage shows the decile position of the fund against 86 Rand-denominated South African--Multi Asset--High Equity funds over the last three years (needle right indicates above average performance)
<i><b>  Size</b></i><hr/>This guage shows the size of the fund against all Rand-denominated retail funds (needle right indicates a large fund, needle left a small fund)
<i><b>  Diversification</b></i><hr/>This guage shows the level of diversification relative to other funds in the same second-tier (multi asset) category (needle right indicates a well-diversified fund)
<i><b>  Risk</b></i><hr/>This guage shows the fund's level of historical risk relative to other funds in the South African--Multi Asset--High Equity sector based on 3-year volatility (needle right indicates lower risk within the sector)
Fund Performance
3 Months 6 Months 1 Year 3 Years 5 Years
Period    Return %Growth of R1 000
* Not annualised
 Key Facts and Fund Objective
Key Facts
Formation Date 1 Oct 2013
Fund Size (ZAR) 963 159 193
Latest Price 1 286.41
PlexCrowns -
Total Expense Ratio (30/06) 1.22%
Minimum InvestmentR
TTM Distribution Yield 3.79%

Fund Objective
The portfolio will invest in a combination of equities, bonds, money market instruments, listed property as well as international equities and fixed interest investments. The portfolio will be broadly diversified across asset classes. Active asset allocation and securities selection strategies appropriate to the needs of moderate investors will be followed. This portfolio will be managed in accordance with regulations governing pension funds. The exposure to equities will not exceed 75%. The investment manager will also be allowed to invest in listed and unlisted financial instruments (derivatives) as allowed by the Act from time to time in order to achieve its investment objective. This portfolio will be managed by Obsidian Capital (Pty) Ltd and will at no time replicate any other Sanlam balanced portfolio. Apart from the above, the portfolio may also invest in participatory interests of portfolios of collective investment schemes registered in the Republic of South Africa or of participatory interest in collective investment schemes or other similar schemes operated in territories with a regulatory environment which is to the satisfaction of the manager and the trustee of a sufficient standard to provide for investor protection which is at least equivalent to that in South Africa. The Trustee shall ensure that the investment policy set out in the preceding clauses are adhered to; provided that nothing contained in this clause shall preclude the Manager from varying the proportions of securities in terms of changing economic factors or market conditions or from retaining cash in the portfolio and/or placing cash on deposit. The Manager shall be permitted to invest on behalf of the Obsidian Sanlam Collective Investments Balanced Fund in offshore investments as legislation permits. For the purpose of this portfolio, the manager shall reserve the right to close the portfolio to new investors on a date determined by the Manager. This will be done in order to be able to manage the portfolio in accordance with its mandate. The Manager may, once a portfolio has been closed, open that portfolio again to new investors on a date determined by the Manager.
 Asset Classes and Holdings
 SA Equities52.94%  
 Foreign Equities18.46%  
 SA Bonds14.98%  
 Foreign Bonds3.08%  
 SA Property3.45%  
 Foreign Property0.01%  
 SA Cash4.18%  
 Foreign Cash2.90%  
Top Holdings as at 30 Jun 2018
SecurityUnitsValue (Rm)% of Fund
R209 175 899 051 129.9213.01%
ABSA 305 653 48.904.90%
STANBANK 248 152 47.614.77%
NASPERS-N 12 689 44.224.43%
CASH 0 41.704.18%
IMPERIALBRAND 75 299 38.353.84%
SASOL 61 506 30.933.10%
EMLG 37 004 30.803.08%
BATS 40 865 28.272.83%
AMPLATS 72 547 26.042.61%
Totals  466.7546.74%