Kagiso Islamic Equity

Performance History30/09/2014
Growth of 1,000 (ZAR)
Kagiso Islamic Equity
Fund22.13.011.020.88.7
+/-Cat13.8-4.7-4.3-3.0-7.6
+/-Idx-----
 
Key Stats
NAV
24/10/2014
 ZAR 2.03
Day Change 0.23%
Morningstar Category™ Islamic Equity - Other
ISIN ZAE000150843
Fund Size (Mil)
23/10/2014
 ZAR 827.67
Share Class Size (Mil)
23/10/2014
 ZAR 823.88
Max Initial Charge 3.42%
Ongoing Charge
-
  -%
Investment Objective: Kagiso Islamic Equity
To provide steady capital growth and a total portfolio return that is better than the average general equity fund. The generation of income is of secondary importance. Investment Policy: In order to achieve these objectives the portfolio will employ a fundamental, bottom-up stock picking strategy, coupled with a proprietary multifactor investment model and process. The portfolio will generally be fully invested in a diversified portfolio of equity securities, have a minimum equity exposure of 75% and will not invest offshore. The portfolio will not invest in any interest bearing instruments. The portfolio's main bank account is with ABSA bank, making use of ABSA's Islamic banking services which cater specifically to Shari'ah Fund compliance. The portfolio may also include participatory interests or any other form of participation in portfolios of collective investment schemes or other similar schemes only where the scheme's initial registration is in South Africa.
Returns
Trailing Returns24/10/2014
YTD4.43
3 Years Annualised12.84
5 Years Annualised*12.02
10 Years Annualised*-
12 Month Yield 0.87
Dividend Paying Frequency Half-yearly
Management
Manager Name
Start Date
Abdulazeez Davids
01/10/2010
Inception Date
01/10/2010
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Benchmarks
Fund BenchmarkMorningstar Benchmark
ASISA SA Equity General - Sector Average-
Portfolio Profile for  Kagiso Islamic Equity30/09/2014
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stocks79.330.0079.33
Bonds0.000.000.00
Cash17.311.9215.38
Other5.290.005.29
Top 5 Regions%
Africa56.70
United States22.03
United Kingdom14.51
Eurozone4.68
Asia - Developed1.47
Top 5 Sectors%
No Data Available
Top 5 HoldingsSector%
Sasol, Ltd.EnergyEnergy7.14
Mtn Group LimitedCommunication ServicesCommunication Services5.41
The Tongaat-Hulett Group LimitedConsumer DefensiveConsumer Defensive5.18
Anglo American PLCBasic MaterialsBasic Materials4.81
Microsoft CorpTechnologyTechnology4.62
Kagiso Islamic Equity
This fund has performance data calculated prior to the inception date of the fund. This is based upon a simulated/extended track record and is in accordance with Morningstar’s Extended Performance Methodology paper. To find out more about this, click here.