Momentum Optimal Yield Fund
MANAGEMENT Fund Manager's Comment
Loftie Botha, BEng (Ind); BCom (Hons); MCom (Bus Management)
Loftie started his career as an engineer and moved into asset management in 1994 as an industrial analyst with the Mines Pension Fund. He joined ABSA Asset Management in 1998 as an analyst and later managed the ABSA General Equity Fund. He later became a senior portfolio manager at Huysamer Capital Investments. In 2006, he joined Umbono Fund Managers, an OMIGSA boutique, as a quantitative fund manager before being promoted to CIO of the boutique. Loftie joined Metropolitan Asset Managers in Feb 2010 as the head of absolute strategies and was appointed portfolio manager for Absolute Return Funds at Momentum Asset Management in 2011.
Imtiaz Mohammed Alli, BCompt (Unisa)
Imtiaz started at ABSA Consultants - Actuaries in Oct 1996 where he was responsible for the management/booking of national pension funds. He joined the Momentum Group in Jul 2000 as a dealing supervisor and was also involved in the planning and management of fund mergers. Imtiaz joined Momentum Asset management in Jun 2004 as a pricing analyst. In Mar 2006 he became the assistant to the portfolio manager and joined the investment team in Nov 2008 as a portfolio manager and research analyst.
FUND OBJECTIVES AND FOCUS

The Momentum Optimal Yield Fund is a conservatively managed market-neutral equity portfolio and the investment policy followed by the manager will focus on outperforming the portfolio's benchmark with low volatility and little correlation to the movements of the underlying market. The fund offers the potential for measured additional yield in excess of cash with low volatility of returns.


Click here to Download CSV
WEBGRAPH
RANKING
SectorSouth African-Multi Asset-Income
SizeR222,193,527
Sector Rank: 43 out of 49
(lump sum over 3 years to 31 July 2017)
Overall Rank: 515 out of 818
(lump sum over 3 years to 31 July 2017)
R1000 invested on 31 July 2014 was worth R 1163 at 31 July 2017
( 5.15% annual compound return)
R100 per month since 31 July 2014 was worth R 3896 at 31 July 2017
( 5.07% annual return compounded monthly)
TECHNICAL OVERVIEW
Formation Date:31 DEC 2002 Holdings:50
Original Price:100 Pricing:Forward
Top Holdings on 31 July 2017
Share (Sector)No.Value% of Fund
BHPBILL (Mining)64,83615,210,526 6.85 %
RICHEMONT (Personal Goods)167,86517,820,548 8.02 %
NASPERS-N (Media)13,18937,932,092 17.07 %
FUTURES M (Derivatives)012,552,810 5.65 %
STANBANK (Banks)48,38710,623,850 4.78 %
LIFEHC (Health Care Equipment - Services)89,3782,465,939 1.11 %
BIDVEST (General Industrials)19,2924,329,318 1.95 %
CASH (Cash on call)035,430,086 15.95 %
MTN GROUP (Mobile Telecommunications)50,9896,278,276 2.83 %
TOTAL R142,643,44564.21%

Send e-mail to
© 2018 SHARENET (PTY) Ltd, Cape Town, South Africa
Home     Terms & conditions    Privacy Policy
    Security Notice    Contact Details
Market Statistics are calculated by Sharenet and are therefore not the official JSE Market Statistics. The calculation/derivation may include underlying JSE data.