Investec Namibia Managed Fund
MANAGEMENT Fund Manager's Comment
Chris Freund, B Comm, B Compt (Hons), CA (SA), CFA
Chris is the head of South Africa Multi-Asset at Investec Asset Management and the lead portfolio manager for our General Equity Strategy. He joined the company in 2006 from Futuregrowth Asset Management, where he served as head of equities and portfolio manager from 2001. Chris joined RMB Asset Management in 1993, where he spent nine years as an analyst, portfolio manager and ultimately, director. During this time, he managed a number of portfolios, including balanced portfolios for many retirement funds as well as the RMB General Equity Unit Trust. Still with RMBAM, he relocated to Cape Town in 2000 to take responsibility for the PIC equity portfolio outsourced by Futuregrowth, before formally joining Futuregrowth in 2001. Chris began his career in 1991, when after completing his articles, he joined JD Anderson as a banks/insurance analyst. Chris graduated from the University of Cape Town with a Bachelor of Commerce degree and holds a Bachelor of Computationis (Honours) (Certificate in Theory of Accounting) degree from the University of South Africa. Chris is a Chartered Accountant (SA) as well as a CFA Charterholder.
James Hatuikulipi, BCom(UNam)
James is the Managing Director of Investec Asset Management Namibia. In addition, he is a member of the growth equity team. James joined the company in January 2006 from Alliance Capital where he served as portfolio manager from 2000. Prior to that, he worked as an investment analyst at Metropolitan Namibia and HSBC Securities Namibia. James holds a Bachelor of Commerce degree from the University of Namibia and a Bachelor of Commerce Honours (Investment Analysis and Portfolio Management) from the University of Cape Town.

The Investec Managed Fund Namibia invests conservatively in a spread of the key asset categories: equities, bonds and cash, with the objective of providing steady long-term capital growth. The fund may invest up to 65% of its assets in South African shares, and its equity exposure may not exceed 75%. The fund is suitable for those investors who seek to invest in a moderate risk profile, balanced fund that complies with Namibian Exchange Control regulations and Pensions Fund Act ie, a minimum of 25% of the fund is to be invested in fixed income or money market instruments at any one time. This fund is therefore suitable for Pension and Provident Funds.

Click here to Download CSV
Sector Rank: 28 out of 43
(lump sum over 3 years to 31 July 2019)
Overall Rank: 491 out of 1038
(lump sum over 3 years to 31 July 2019)
R1000 invested on 31 July 2016 was worth R 1146 at 31 July 2019
( 4.64% annual compound return)
R100 per month since 31 July 2016 was worth R 3762 at 31 July 2019
( 2.84% annual return compounded monthly)
Formation Date:02 MAY 1997 Holdings:53
Original Price:105 Pricing:Forward
Top Holdings on 31 July 2019
Share (Sector)No.Value% of Fund
ANGLO-NSX (Mining)270,165108,768,429 3.34 %
NBL (Beverages)2,319,480112,286,027 3.45 %
TFG (General Retailers)161,59729,135,939 0.89 %
FUTURES M (Derivatives)03,025,100 0.09 %
STANBANK-NSX (Banks)331,30565,157,754 2.00 %
N-INVHINC (Income)27,878,91031,118,439 0.96 %
INVGSFGLOBAL (Equities)1,847,025670,225,108 20.57 %
GC24 (Namibian Gilt)16,725,99918,331,370 0.56 %
BWZJ19 (Bond)5,500,0005,581,976 0.17 %
M-R-HLD (General Industrials)1,226,64517,786,353 0.55 %
NAMIBIA C (Cash on call)0398,887,903 12.24 %
NEWPALL-NSX (Exchange Traded Funds)228,95148,869,591 1.50 %
NASPERS-N (Software - Computer Services)29,280100,123,546 3.07 %
MTN GROUP (Mobile Telecommunications)621,22766,315,982 2.04 %
TOTAL R1,675,613,51751.43%

Send e-mail to
© 2019 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.