The Fund aims to provide steady long-term returns and capital growth by investing in a wide variety of domestic and international asset classes in a balanced manner. The Fund aims to achieve a return of CPI+3.5% over the medium to long-term. During periods of market volatility, it is anticipated that the Fund might experience a drawdown of no more than 15% or an annualised volatility of around 9%.
FNB Islamic Balanced Fund B1
Latest Price NAV
USD
0.06
as of
13/Sep/23
Objective
Key Facts
Launch Date :
6/Jan/21
Asset Type :
Mixed AssetsBase Currency :
South African RandTotal Net Asset (USD M) :
4.07
Benchmark :
Index is not available on Lipper Database
Dividend Type :
Income
Income Distribution :
Paid
Total Expense Ratio % :
1.69
Geographical Focus :
South Africa
Shariah Compliant
Shariah
Performance
3 Yrs Performance
-1.82
5 Yrs Performance
-2.14
10 Yrs Performance
0.78
Top Holdings
1.
CAMISSA ISLAMIC BALANCED FUND B
15.45
%
2.
CAMISSA ISLAMIC EQUITY FUND B
15.37
%
3.
CAMISSA ISLAMIC HIGH YIELD FUND A
13.21
%
4.
RWE ST
10.53
%
5.
ZAR CASH
5.21
%
6.
CAMISSA ISLAMIC GLOBAL EQUITY FEEDER FUND B
4.28
%
7.
USD CASH
2.84
%
8.
SAINT GOBAIN
2.58
%
9.
AGRARIUS SUSTAINABILITY ENGINEERED (RF) LTD 11.25%
2.08
%
10.
EQUITY GENERAL SECURITY
1.55
%
Portfolio Composition
1.
SOUTH AFRICA
29.61
%
2.
GERMANY
13.7
%
3.
UNITED STATES
7.69
%
4.
UNITED ARAB EMIRATES
2.65
%
5.
UNITED KINGDOM
2.18
%
6.
AUSTRALIA
1.3
%
7.
SPAIN
1.24
%
8.
IRELAND
0.41
%
9.
DENMARK
0.41
%
10.
JAPAN
0.19
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
1.4375
Initial Charges
Minimum Charge :
N.A
Maximum Charge :
N.A
Actual Charge :
N.A
Redemption Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
N.A
Contact
Company Name:
FNB CIS Manco