Sanlam Namibia Enhanced Cash Fund
MANAGEMENT Fund Manager's Comment
Gert Steenkamp, B Com Economics; IFM Exam 1 - 2 (SAFEX)
After completing his B.Com degree from the University of Pretoria, Gert joined the South African Reserve Bank as trainee dealer: foreign exchange. He was promoted several times before becoming senior dealer: Capital Market in 1992. He joined Securities Investment Bank in 1993 as dealer: Capital Market before joining SIM in October 1999.
FUND OBJECTIVES AND FOCUS

The fund invests in bonds, fixed deposits and other high income earning securities in order to provide a return in excess of money market funds while maintaining a high degree of liquidity and capital preservation. Target duration of 240 days. This trust's investments are composed in such a way that it is accessible for pension fund investments. (Reg. 28 of the Pension Funds Act). Why Choose This Fund? - This fund is ideal for use as a long-term money market fund. - It is ideal for investors that want more risk in the money market. - It is ideal for risk-averse investors, or investors who are waiting for market volatility or global uncertainty to subside. - The fund should produce returns in excess of money market funds. -The fund pays out income on a monthly basis.


Click here to Download CSV
WEBGRAPH
RANKING
SectorRegional-Namibian-Unclassified
SizeR16,023,802
Sector Rank: 26 out of 43
(lump sum over 3 years to 31 July 2017)
Overall Rank: 396 out of 818
(lump sum over 3 years to 31 July 2017)
R1000 invested on 31 July 2014 was worth R 1203 at 31 July 2017
( 6.36% annual compound return)
R100 per month since 31 July 2014 was worth R 3975 at 31 July 2017
( 6.34% annual return compounded monthly)
TECHNICAL OVERVIEW
Formation Date:01 APR 2001 Holdings:10
Original Price:1000 Pricing:Forward
Top Holdings on 31 July 2017
Share (Sector)No.Value% of Fund
N-BKWHENC (General Equity)014,996,639 93.59 %
NAMIBIA C (Cash on call)01,027,163 6.41 %
TOTAL R16,023,802100%

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.