The Fund is a moderate risk multi-managed, multi-asset class portfolio providing asset class and Fund manager diversification by investing in a combination of Shariah compliant equity Funds, Islamic income and commodity products both locally and internationally. Suitable for investors with a mediumterm investment horizon. The primary objectives are moderate capital growth and income generation.
27four Shariah Balanced Fund of Funds A1
Latest Price NAV
USD
0.09
as of
12/Sep/23
Objective
Key Facts
Launch Date :
6/May/11
Asset Type :
Mixed AssetsBase Currency :
South African RandTotal Net Asset (USD M) :
9.41
Benchmark :
South Africa ASISA - South African - Multi Asset - High Eq
Dividend Type :
Income
Income Distribution :
Paid
Total Expense Ratio % :
N.A
Geographical Focus :
South Africa
Shariah Compliant
Shariah
Performance
3 Yrs Performance
4.95
5 Yrs Performance
0.52
10 Yrs Performance
0.16
Top Holdings
1.
27FOUR SHARIAH INCOME FUND B5
22.73
%
2.
27FOUR SHARI'AH ACTIVE EQUITY PRESCIENT A1
20.63
%
3.
TEMPLETON SHARIAH GLOBAL EQUITY I (ACC) USD
11.57
%
4.
CAMISSA ISLAMIC EQUITY FUND A
10.68
%
5.
SENTIO SCI HIKMA SHARIAH GENERAL EQUITY B1
10.38
%
6.
OLD MUTUAL ALBARAKA EQUITY A
10.21
%
7.
FIRSTRAND BANK LTD TIME/TERM DEPOSIT
4.55
%
8.
ABSA ISLAMIC BANK TIME/TERM DEPOSIT
3.7
%
9.
FRANKLIN GLOBAL SUKUK I (ACC) USD
3.3
%
10.
ZAR CASH
1.56
%
Portfolio Composition
1.
SOUTH AFRICA
32.35
%
2.
UNITED STATES
8.63
%
3.
GERMANY
7.51
%
4.
UNITED KINGDOM
5.32
%
5.
CAYMAN ISLANDS
1.9
%
6.
AUSTRALIA
1.89
%
7.
SWITZERLAND
1.57
%
8.
NETHERLANDS
1.05
%
9.
JAPAN
0.86
%
10.
IRELAND
0.85
%
Transaction Information
Annual Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
1.72
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:
Prescient Mgt Co Ltd
Website :
www.prescient.co.za