Kagiso Islamic Equity

Performance History31/05/2015
Growth of 1,000 (ZAR)
Kagiso Islamic Equity
Fund3.011.020.87.01.4
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Key Stats
NAV
29/06/2015
 ZAR 2.04
Day Change -0.46%
Morningstar Category™ Islamic Equity - Other
ISIN ZAE000150843
Fund Size (Mil)
29/06/2015
 ZAR 730.85
Share Class Size (Mil)
29/06/2015
 ZAR 722.31
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 Returns29/06/2015
YTD-1.60
3 Years Annualised11.78
5 Years Annualised*11.80
10 Years Annualised*-
12 Month Yield 0.77
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-Sec Avg-
Portfolio Profile for  Kagiso Islamic Equity31/03/2015
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stocks85.250.0085.25
Bonds0.000.000.00
Cash7.720.107.62
Other7.130.007.13
Top 5 Regions%
Africa56.67
United States18.45
United Kingdom9.88
Eurozone9.07
Europe - Emerging3.94
Top 5 Sectors%
Basic Materials32.93
Technology20.56
Consumer Defensive11.69
Industrials10.93
Consumer Cyclical7.93
Top 5 HoldingsSector%
Mtn Group LimitedCommunication ServicesCommunication Services4.90
The Tongaat-Hulett Group LimitedConsumer DefensiveConsumer Defensive4.66
Sasol, Ltd.EnergyEnergy4.34
A E C I LimitedBasic MaterialsBasic Materials3.89
NewGold Platinum ETF3.70
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.