Centaur BCI Flexible Fund

FUND DESCRIPTION:

The Fund invests in a mix of shares, bonds, property, cash and international investments. We utilise asset allocation and stock picking to try outperform the funds benchmark with lower risk. The fund has a medium-to-high risk profile and its inception date was the 1st December 2004.

Category: South African - Multi Asset Flexible

OBJECTIVE AND BENCHMARK:

The fund targets real returns of at least 6% per annum with volatility no greater than 80% of the All Share Index.

Benchmark: 15% Resource Index (J258T); 65% Financial & Industrial Index (J250T); 20% SARB Repo rate.

SUITABLE FOR INVESTORS WHO:

Require a tax efficient investment, can handle medium to high risk and have a minimum 5 year investment horizon.

FACT SHEET (MINIMUM DISCLOSURE DOCUMENTS):

August 2017

FEES:

Annual fee: 1.25% per annum on the value of the fund.
Performance fee: 20% above benchmark cap over rolling 2-years, capped at 2% p.a.

The above fees are before VAT.

Performance:
As at: 31 AUGUST 2017
1 Year 3 Years 5 Years 10 Years Since
Inception

Centaur BCI Flexible Fund

9.5%

10.5%

16.6%

14.4%

18.2%

Benchmark

9.9%

6.3%

10.9%

9.1%

13.6%

Relative to Benchmark

-.04%

4.2%

5.7%

5.4%

4.7%

Ranking in the category

9/79

3/69

1/62

1/42

 

Std Deviation Centaur

7.9%

9.0%

8.4%

12.0%

12.1%

Std Deviation Benchmark*

9.3%

11.7%

10.6%

13.5%

14.0%

           

Centaur BCI Flexible Fund (CFF) vs. Benchmark

  • CFF (Distribution Adjusted)
  • Benchmark*
* 65% FINDI (J250T); 15% RESI (J258T); 20% SA Repo Rate. The Fund's Benchmark was changed from 50% ALSI (J203); 50% FINDI (J213) to 65% FINDI (J250T); 15% RESI (J258T); 20% SA Repo on 02 July 2007 to its current benchmark on 01 February 2015.
Based to 100 on 1 December 2004
Source: Maitland & Morningstar
Past performance is no guarantee of future performance.