|Momentum Best Blend Multifocus Fund of Funds|
|MANAGEMENT|| Fund Manager's Comment|
|Pierre de Klerk, BCom Honours, CFA|
|Pierre holds a B. Com (Honours) degree in Actuarial Science and is a CFA Charter holder. He started his career at Old Mutual gaining experience in actuarial product development and actuarial marketing. He joined Momentum in 1997 as the head of investment products for Momentum s Linked Investment Service Provider. In the early 2000 s Pierre transitioned to a pure investment management career, working in turn working for Momentum Multi Managers and Advantage Asset Managers while gaining 10 years of multi management investment experience. In 2007 he was a founding member of Momentum Investment Consulting (MIC). As the head of investments for
MIC in RSA he was responsible for managing an investment team and overseeing investments. Pierre was the lead portfolio manager on a range of top performing portfolios during his employment at MIC. At the end of 2013, Pierre left the Momentum Group, to co-establish a new investment consulting and investment management firm - Boutique Investment Partners. Pierre is the managing director of Boutique Investment Partners and a senior portfolio manager.|
|FUND OBJECTIVES AND FOCUS|
The investment objective is to secure steady growth of capital and income.
The portfolio will invest in participatory interests or any other form of participation in portfolios of collective investment schemes or other similar schemes. The investment objective will be achieved by a diversified spread of the portfolio's investments in portfolios of collective investment schemes registered in the Republic of South Africa.
|Sector Rank: 89 out of 137 |
(lump sum over 3 years to 31 July 2017)
|Overall Rank: 896 out of 1038 |
(lump sum over 3 years to 31 July 2019)
|R1000 invested on 31 July 2014 was worth R 1021 at 31 July 2017|
( 0.68% annual compound return)
|R100 per month since 31 July 2014 was worth R 3654 at 31 July 2017|
( 0.96% annual return compounded monthly)
|Formation Date:||12 OCT 2000
|Top Holdings on 31 July 2019|
|Share (Sector)||No.||Value||% of Fund|
|U-RMBEQU (General Equity)||4,861,418||182,236,053|| 17.26 %|
|CASH (Cash on call)||0||18,104,119|| 1.71 %|
|U-ADVMAG (Growth)||72,336,813||130,177,329|| 12.33 %|
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