OVERVIEW

Celerity Ci Growth Fund

31 May 2025

INFORMATION DISCLOSURE

Fund Size

R 442.1 million

Risk Profile

High

ASISA Classification

South African – Multi Asset – Flexible

Benchmark

Average of the ASISA South African Multi-Asset Flexible category

Total Expense Ratio

1.21%

Transaction Cost

0.36%

Total Investment Charge

1.57%

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 by investing in local and global equity and non-equity securities. It aims to achieve a return in the range of the South African Multi-Asset Flexible category average. 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 shall have the maximum flexibility to vary assets between various markets and asset classes to reflect the changing economic and market conditions. 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 flexible equity portfolio which means that the portfolio may have a maximum equity exposure of up to 100% at all times, and may invest in a spectrum of investments in the equity, bond, money, or property markets. 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 100% in equity securities, both locally and abroad.

ASSET ALLOCATION

UNDERLYING HOLDINGS

  • SA Direct Equity

    45.04%

  • Perspective Executive Equity Prescient Fund

    16.64%

  • Granate BCI Flexible Fund

    14.98%

  • Fairtree SA Equity Prescient Fund

    11.36%

  • M1 Capital Prescient Global Equity Fund

    3.62%

  • Nedgroup Inv Global Emerging Markets Equity Feeder Fund

    2.61%

  • STANLIB Enhanced Multi Style Equity Fund

    2.16%

  • PortfolioMetrix BCI Dynamic Income Fund

    1.35%

  • SA Cash

    1.08%

  • Satrix JSE Global Equity ETF

    1.07%

  • Global Cash

    0.07%

  • ClucasGray Equity Prescient Fund

    0.01%

ANNUALISED PERFORMANCE

Highest 1 year rolling return

46.95%

Lowest 1 year rolling return

-17.84%

TOP 10 EQUITY EXPOSURES

  • 1. ABSA

    6.37%

  • 2. British American Tobacco

    3.20%

  • 3. Old Mutual

    3.07%

  • 4. MTN

    2.64%

  • 5. African Rainbow Minerals

    2.58%

  • 6. Kaap Agri

    2.30%

  • 7. AECI Limited

    2.22%

  • 8. OUTsurance Group Limited

    2.00%

  • 9. Capitec

    1.99%

  • 10. Reunert

    1.77%

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 442.1 million

Initial Fee

Class B: 0%, Class A: 0%

Initial Advisory Fee Maximum

Maximum 3.45% (Incl. VAT)

Annual Service Fee

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

Annual Advisory Fee Maximum

Maximum 1.15% (Incl. VAT)

Total Expense Ratio

1.21%

Transaction Cost

0.36%

Total Investment Charge

1.57%

Calculation Period

1 Apr 2022 to 31 Mar 2025

Income Declaration Dates

30 June & 31 December

Last 12 Month Distributions

31/12/2024: (B) 1.39, 28/06/2024: (B) 2.85

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 – Flexible