OVERVIEW

Analytics Ci Worldwide Flexible Fund of Funds
March 2022

INFORMATION
DISCLOSURE

Calculation Period
1 Jan 2019 to 31 Dec 2021
Benchmark
CPI + 5% – rolling 5 year periods
ASISA Classification
Worldwide - Multi Asset - Flexible
Total Investment Charge
Class A: 2.51%, Class A1: 1.92%
Foreign Exposure
The Fund is fully flexible to invest locally or offshore
Risk Profile
High
Transaction Cost
Class A: 0.04%, Class A1: 0.04%
Fund Size
R 193.1 million
Total Expense Ratio
Class A: 2.47%, Class A1: 1.88%
Equity Exposure
The Fund will have an equity exposure between 0% and 100% at all times

About

Investment Objective
The Fund's objective is to provide high long term capital growth by investing in local and global portfolios utilising active asset allocation strategies across geographical markets. Although the Fund may create some income it will not be a primary objective for this Fund.
Characteristics
This is a multi-asset flexible equity portfolio which means that the portfolio may have a maximum equity exposure of up to 100% at all times. This fund is a specialist fund of funds that seeks to invest primarily in a broad range of unit trusts over most available asset classes. A fund of funds is a portfolio that invests in portfolios of collective investment schemes, which levy their own charges, which could result in a higher fee structure for the fund of funds.
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 100% in equity securities, both locally and abroad.

ASSET
ALLOCATION

Global Equity
35.17%
Global Bonds
21.74%
SA Equity
19.84%
Global Cash
7.31%
Global Property
6.54%
SA Bonds
6%
SA Cash
2.43%
SA Property
0.89%
Africa
0.08%

UNDERLYING
HOLDINGS

Analytics International Flexible Fund
68.60%
Analytics Ci Managed Equity Fund
24.10%
STANLIB Bond Fund
2.74%
SA Cash
2.29%
Global Cash
2.27%

ANNUALISED
PERFORMANCE

Highest 1 year rolling return
42.16%
Lowest 1 year rolling return
-22.62%
* Benchmark: CPI + 5% – rolling 5 year periods
* Asisa: Worldwide - Multi Asset - Flexible

TOP 10 EQUITY
EXPOSURES

1. Microsoft Corporation
1.89%
2. Impala Platinum
1.41%
3. Visa Inc. Class A
1.40%
4. Intuit Inc
1.19%
5. Philip Morris International Inc.
1.13%
6. Sasol
1.05%
7. Estee Lauder Companies
1.05%
8. Anglo American Platinum
0.95%
9. CF Richemont
0.94%
10. Sibanye Stillwater Ltd
0.87%
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 193.1 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: 2.47%, Class A1: 1.88%
Transaction Cost
Class A: 0.04%, Class A1: 0.04%
Total Investment Charge
Class A: 2.51%, Class A1: 1.92%
Calculation Period
1 Jan 2019 to 31 Dec 2021
Income Declaration Dates
30 June and 31 December
Last 12 Month Distributions
31/12/2021: (A) 0.00, 30/06/2021: (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
Worldwide - Multi Asset - Flexible
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