Momentum Financials Fund
MANAGEMENT Fund Manager's Comment
Norman Mackechnie, BSc (Eng), MSc (Eng), DIC, MBA, CFA
Norman started his career in investments in 1988 and has worked as an investment analyst and portfolio manager in asset management divisions. He has been actively involved in setting up investment processes and held the position of Chief Investment Officer in a previous company. Norman joined RMB Asset Management in 2000.
Werner Burger, BCom (Finance), BCom (Inv Mgt) (Hons), CFA
FUND OBJECTIVES AND FOCUS

The Momentum Financials Fund objective is to maximise equity portfolio returns over the FTSE/JSE Financials Index over time. The fund offers investors the potential for long term capital growth through exposure to insurance and banking counter and other stocks with financial services exposure.


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WEBGRAPH
RANKING
SectorSouth African-Equity-Financial
SizeR430,707,834
Sector Rank: 2 out of 6
(lump sum over 3 years to 31 July 2019)
Overall Rank: 351 out of 1038
(lump sum over 3 years to 31 July 2019)
R1000 invested on 31 July 2016 was worth R 1185 at 31 July 2019
( 5.81% annual compound return)
R100 per month since 31 July 2016 was worth R 3805 at 31 July 2019
( 3.57% annual return compounded monthly)
TECHNICAL OVERVIEW
Formation Date:01 JUL 1998 Holdings:16
Original Price:100 Pricing:Forward
Top Holdings on 31 July 2019
Share (Sector)No.Value% of Fund
ABSA (Banks)235,99741,535,472 9.64 %
U-RMBMM (Money Market)49,185,21349,512,581 11.50 %
UK C (For Currency)033,255 0.01 %
CASH (Cash on call)0-5,005,064 -1.16 %
TOTAL R86,076,24419.99%

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