OVERVIEW

Celerity Ci Balanced Fund

31 May 2025

INFORMATION DISCLOSURE

Fund Size

R 1.6 billion

Risk Profile

High

ASISA Classification

South African – Multi Asset – High Equity

Benchmark

SA CPI + 6%

Total Expense Ratio

1.26%

Transaction Cost

0.26%

Total Investment Charge

1.52%

Calculation Period

1 Apr 2022 to 31 Mar 2025

Foreign Exposure

Up to 45%

Equity Exposure

ABOUT

Investment Objective

The portfolio seeks to provide investors with long term capital growth. It aims to achieve a return in the range of 6% above inflation over rolling seven-year periods. This will be done by investing in a spread of equity securities, non-equity securities, money market, property and listed and unlisted financial instruments, both locally and abroad. The portfolio maintains a high risk profile and the portfolio’s equity exposure will be limited to a maximum of 75% of the portfolio’s net asset value. The portfolio will comply with Regulation 28 of the Pension Funds Act. The Fund may from time to time invest in listed and unlisted derivatives, in order to achieve the portfolio's investment objective.

Characteristics

This is a multi-asset high equity portfolio which means that it may invest in a spectrum of investments in the equity, bond, money, or property markets. The portfolio tends to have an increased probability of short term volatility and aims to maximise long term capital growth. The portfolio can have a maximum effective equity exposure (including international equity) of 75% and a maximum effective property exposure (including international property) of 25% at all times. This portfolio may, at the discretion of the portfolio manager, invest up to 45% of the assets outside of South Africa.

Risk Reward Profile

Typically, the lower the risk, the lower the potential return and the higher the risk, the higher the potential return. There is no guarantee that returns will be higher when investing in a portfolio with a higher risk profile. The risk profile for this portfolio is rated as high, as it may invest up to 75% in equity securities, both locally and abroad.

ASSET ALLOCATION

UNDERLYING HOLDINGS

  • ABAX Balanced Prescient Fund

    14.90%

  • ClucasGray Asset Management SA Balanced Prescient Fund

    14.61%

  • SA Direct Equity

    13.34%

  • Perspective Balanced Prescient Fund

    12.01%

  • Perspective Executive Equity Prescient Fund

    9.92%

  • SA Bonds

    7.70%

  • Prescient Balanced Fund

    6.38%

  • Coronation Balanced Plus Fund

    6.13%

  • M1 Capital Prescient Global Equity Fund

    4.77%

  • Nedgroup Inv Global Emerging Markets Equity Feeder Fund

    2.65%

  • Celerity Ci Diversified Fund

    2.13%

  • STANLIB Enhanced Multi Style Equity Fund

    2.13%

  • PortfolioMetrix BCI Dynamic Income Fund

    2.03%

  • SA Cash

    0.86%

  • Amplify SCI Strategic Income Fund

    0.19%

  • Granate BCI Multi Income Fund

    0.15%

  • Global Cash

    0.08%

  • Nedgroup Inv Core Global Feeder Fund

    0.01%

ANNUALISED PERFORMANCE

Highest 1 year rolling return

33.24%

Lowest 1 year rolling return

-12.00%

TOP 10 EQUITY EXPOSURES

  • 1. British American Tobacco

    2.00%

  • 2. Pan African Resources

    1.75%

  • 3. Pepkor

    1.59%

  • 4. Tiger Brands

    1.55%

  • 5. MTN

    1.55%

  • 6. OUTsurance Group Limited

    1.52%

  • 7. Naspers Ltd

    1.49%

  • 8. Remgro

    1.28%

  • 9. Prosus NV

    1.24%

  • 10. Capitec

    1.13%

Top 10 equity exposures are one month lagged.

PORTFOLIO MANAGEMENT

Management Company

The portfolios are hosted and administered by Ci Collective Investments (RF) (Pty) Ltd ("Ci"). Ci is owned by a number of like-minded boutique multi-managers and managed by a team of experts, each with significant experience in the collective investments industry. Ci is approved by the FSCA as a manager in terms of the Collective Investment Schemes Control Act.

ADDITIONAL INFORMATION

Launch Date

03 December 2018

Opening Nav Price

100.00 cents per unit

Fund Size

R 1.6 billion

Initial Fee

Class A: 0%, Class B:0%

Initial Advisory Fee Maximum

Maximum 3.45% (Incl. VAT)

Annual Service Fee

Class A: 0.805%, Class B: 0.75% (Incl. VAT)

Annual Advisory Fee Maximum

Maximum 1.15% (Incl. VAT)

Total Expense Ratio

1.26%

Transaction Cost

0.26%

Total Investment Charge

1.52%

Calculation Period

1 Apr 2022 to 31 Mar 2025

Income Declaration Dates

30 June & 31 December

Last 12 Month Distributions

31/12/2024: (B) 0.74, 28/06/2024: (B) 3.57

Income Reinvestment / Payout Dates

2nd working day in July & January

Transaction cut-off time

14:00

Valuation Time

17:00

Frequency of pricing

Our daily NAV prices are published on our website and in the national newspaper

ASISA Classification

South African – Multi Asset – High Equity