Momentum Resources 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 Resources Fund's objective is to maximise equity portfolio returns over the FTSE/JSE Resources Index. The fund provides investors exposure to the volatile but potentially substantial return opportunities provided by companies exposed to commodities.


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WEBGRAPH
RANKING
SectorSouth African-Equity-Resource
SizeR114,167,378
Sector Rank: 7 out of 9
(lump sum over 3 years to 31 July 2017)
Overall Rank: 124 out of 1038
(lump sum over 3 years to 31 July 2019)
R1000 invested on 31 July 2016 was worth R 1281 at 31 July 2019
( 8.59% annual compound return)
R100 per month since 31 July 2016 was worth R 3982 at 31 July 2019
( 6.45% annual return compounded monthly)
TECHNICAL OVERVIEW
Formation Date:10 AUG 1987 Holdings:21
Original Price:100 Pricing:Forward
Top Holdings on 31 July 2019
Share (Sector)No.Value% of Fund
ANGLO (Mining)49,56119,478,721 17.06 %
ASTRAL (Food Producers)13,4482,254,961 1.98 %
U-RMBMM (Money Market)4,790,5544,852,616 4.25 %
RIOTINTO (Basic Resources)4,3003,840,022 3.36 %
BARWORLD (General Industrials)18,4762,346,452 2.06 %
CASH (Cash on call)02,193,318 1.92 %
U-NEWPLAT (Exchange Traded Funds)19,4342,337,910 2.05 %
VIKING (Venture Capital)392,3000 0.00 %
TOTAL R37,304,00032.68%

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