OVERVIEW

Analytics Ci Balanced Fund of Funds
June 2022

INFORMATION
DISCLOSURE

Calculation Period
1 Apr 2019 to 31 Mar 2022
Benchmark
CPI + 5% - rolling 5 year periods
ASISA Classification
South African – Multi Asset – High Equity
Total Investment Charge
Class A: 2.34%, Class A1: 1.74%
Foreign Exposure
Up to 45%
Risk Profile
High
Transaction Cost
Class A: 0.09%, Class A1: 0.09%
Fund Size
R 411.1 million
Total Expense Ratio
Class A: 2.25%, Class A1: 1.65%
Equity Exposure
The Fund will have an equity exposure between 0% and 75% at all times

About

Investment Objective
The Fund's objective is to provide investors with high long term capital growth from a portfolio that maintains a moderate to high risk profile. The Fund may create some income but it will not be a primary objective for this Fund. The composition of the Fund shall reflect the investment structure of a retirement fund with a moderate to high risk profile and will comply with Regulation 28 of the Pension Funds Act.
Characteristics
This is a multi-asset high equity portfolio which means that the portfolio may have an equity exposure ranging between 0% and up to 75% at all times. This portfolio may, at the discretion of the portfolio manager, invest up to 45% in securities that are listed on exchanges that are members of the World Federation of Exchanges.
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 high, as it may invest up to 75% in equity securities, both locally and abroad.

ASSET
ALLOCATION

SA Equity
38.85%
Global Equity
20.65%
SA Bonds
13.9%
Global Bonds
10.85%
SA Property
5.46%
Global Property
3.55%
Global Cash
3.5%
SA Cash
3.21%
Africa
0.03%

UNDERLYING
HOLDINGS

Analytics Ci Managed Equity Fund
49.69%
Analytics International Flexible Fund
38.58%
Ci Diversified Income Fund
5.40%
Ci Property Fund
3.46%
SA Cash
1.66%
STANLIB Corporate Money Market Fund
1.21%

ANNUALISED
PERFORMANCE

Highest 1 year rolling return
46.04%
Lowest 1 year rolling return
-22.47%
* Benchmark: CPI + 5% - rolling 5 year periods
* Asisa: South African – Multi Asset – High Equity

TOP 10 EQUITY
EXPOSURES

1. Sasol
2.96%
2. Impala Platinum
2.33%
3. CF Richemont
2.01%
4. Anglo American Plc
1.53%
5. Aspen
1.52%
6. Sibanye Stillwater Ltd
1.47%
7. Anglo American Platinum
1.45%
8. Naspers Ltd
1.42%
9. Growthpoint Properties
1.32%
10. Prosus NV
1.30%
Top 10 equity exposures are one month lagged.

PORTFOLIO
MANAGEMENT

Portfolio Managers
Portfolio Analytics (Pty) Ltd ("Analytics"), an authorised FSP (no. 631), is the lead manager for this Fund. Analytics uses specialist quantitative and qualitative skills and processes to create and manage their multi-manager funds. The objective is to offer investors a well-researched collection of specialist managers, combined in a scientific way to ensure that the risk and return characteristics of the funds are preserved at all times.
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
15 June 1998
Opening Nav Price
100.00 cents per unit
Fund Size
R 411.1 million
Initial Fee
Class A: 0.00%
Initial Advisory Fee Maximum
Maximum 3.00% (excl. Vat)
Annual Service Fee
Class A: 1.27%, Class A1: 0.63% (Incl.VAT)
Annual Advisory Fee Maximum
Maximum 1.00% (excl. Vat)
Total Expense Ratio
Class A: 2.25%, Class A1: 1.65%
Transaction Cost
Class A: 0.09%, Class A1: 0.09%
Total Investment Charge
Class A: 2.34%, Class A1: 1.74%
Calculation Period
1 Apr 2019 to 31 Mar 2022
Income Declaration Dates
30 June and 31 December
Last 12 Month Distributions
30/06/2022: (A) 0.11, 31/12/2021: (A) 0.00
Income Reinvestment / Payout Dates
2nd business day July and January
Transaction cut-off time
14:00
Valuation Time
17:00
Frequency of pricing
Our NAV prices are published on our website and in the national newspaper daily.
ASISA Classification
South African – Multi Asset – High Equity
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