|Aluwani Top 25 Fund|
|MANAGEMENT|| Fund Manager's Comment|
|Patrick Mathidi, BCom (Acc), HonsBCompt (Acc,), MScFin, Head of Core Strategies|
|Patrick started his career as an articled clerk for Deloitte - Touche in 1992 before joining Tongaat Hullet for two years. In May 1998 he joined Investec Asset Management for five years. He joined Credit Suisse Securities (formerly Andisa) in 2003. As the MD of Andisa Securities, Patrick was largely responsible for facilitating the deal between Standard Bank and Credit Suisse. Having concluded the deal he was appointed deputy CEO.
Patrick joined the RMB Asset Management investment team as a senior investment professional from 1 June 2007 and is currently the Head of Portfolio Managers.
|FUND OBJECTIVES AND FOCUS|
The Aluwani Top 25 Fund is a specialist large cap equity fund with the objective to maximise returns over the FTSE/JSE SWIX 40 at a slightly higher level of risk. The fund will be precluded to a maximum of
25 stocks which can only include the top 50 stocks by market capitalisation on the JSE. The fund offers the investor the potential for long term capital growth.
|Sector Rank: 59 out of 137 |
(lump sum over 3 years to 31 July 2017)
|Overall Rank: 782 out of 1038 |
(lump sum over 3 years to 31 July 2019)
|R1000 invested on 31 July 2016 was worth R 1074 at 31 July 2019|
( 2.42% annual compound return)
|R100 per month since 31 July 2016 was worth R 3739 at 31 July 2019|
( 2.44% annual return compounded monthly)
|Formation Date:||01 APR 1997
|Top Holdings on 31 July 2019|
|Share (Sector)||No.||Value||% of Fund|
|SASOL (Chemicals)||64,419||28,988,550|| 7.05 %|
|BATS (Tobacco)||31,919||19,431,064|| 4.72 %|
|MRPRICE (General Retailers)||63,420||12,019,358|| 2.92 %|
|FUTURES M (Derivatives)||0||847,668|| 0.21 %|
|STANBANK (Banks)||175,637||32,533,242|| 7.91 %|
|LIFEHC (Health Care Equipment - Services)||124,366||3,337,983|| 0.81 %|
|CASH (Cash on call)||0||616,891|| 0.15 %|
|NASPERS-N (Software - Computer Services)||39,586||131,906,094|| 32.07 %|
|MTN GROUP (Mobile Telecommunications)||145,057||13,326,387|| 3.24 %|
Market Statistics are calculated by Sharenet and are therefore not the official JSE Market Statistics. The calculation/derivation may include underlying JSE data.