The Fund is a multi-asset class (including foreign) Shari’ah compliant portfolio that is diversified across asset classes, sectors and asset managers. The Fund aims to provide long-term growth of capital and income with volatility at levels consistent with Shari’ah balanced ( 60% equity) portfolios. The objective of the Fund is to outperform the average of investable peers’ returns i.e. the Shari’ah balanced peer average, at risk levels consistent with that of these peers.
STANLIB Multi-Manager Shariah Balanced FoF B1
Latest Price NAV
USD
0.08
as of
12/Sep/23
Objective
Key Facts
Launch Date :
25/Mar/15
Asset Type :
Mixed AssetsBase Currency :
South African RandTotal Net Asset (USD M) :
104.73
Benchmark :
Index is not available on Lipper Database
Dividend Type :
Income
Income Distribution :
Paid
Total Expense Ratio % :
1.51
Geographical Focus :
South Africa
Shariah Compliant
Shariah
Performance
3 Yrs Performance
7.13
5 Yrs Performance
1.68
10 Yrs Performance
N.A
Top Holdings
1.
CAMISSA ISLAMIC BALANCED FUND A
46.11
%
2.
OLD MUTUAL ALBARAKA BALANCED B1
37.71
%
3.
VISIO BCI SHARIAH EQUITY FUND C
15.56
%
4.
ZAR CASH
0.62
%
Portfolio Composition
1.
SOUTH AFRICA
7.2
%
2.
UNITED STATES
2.51
%
3.
AUSTRALIA
2.46
%
4.
UNITED KINGDOM
2.19
%
5.
SWITZERLAND
0.62
%
6.
TAIWAN
0.48
%
7.
HONG KONG
0.22
%
8.
CHINA
0.13
%
9.
JAPAN
0.03
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
0.7475
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:
STANLIB
Website :
https://stanlibmultimanager.co.za/