Centaur BCI Balanced Fund - Centaur Asset Management

Fund Description:

The Centaur BCI Balanced 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 risk profile and its inception date was the 1st July 2013.

Category: South African – Multi Asset High Equity

Objective and Benchmark:

The Centaur BCI Balanced Fund targets real returns of at least 4% per annum with volatility no greater than 60% of the All Share Index.

Benchmark: 28% ALSI (J203T); 28% Financial & Industrial Index (J250T); 8% MSCI World Index; 30% JSE All Bond Index; 6% SARB Repo rate.

Suitable for Investors Who:

Require a tax efficient investment and have a medium risk profile.

Fees:

Annual fee:	1.40% per annum on the value of the fund.
Performance fee:	12.50% above benchmark cap over rolling 2-years, capped at 1% p.a.

The above fees are before VAT.

Minimum Disclosure Document (Fact Sheet):

Download Latest Minimum Disclosure Document (Fact Sheet):	September 2018
Past Minimum Disclosure Document (Fact Sheet):

19/10/2018

Centaur BCI Balanced Fund:	147.62

As at: 30 September 2018	1 year	2 years	3 years	4 years	Since Inception¹
Centaur BCI Balanced Fund	1.0%	5.4%	7.3%	8.2%	10.7%
Benchmark²	4.3%	7.2%	7.4%	7.9%	10.0%
Relative to Benchmark	-3.3%	-1.8%	-0.1%	0.3%	0.7%
Average category return	3.1%	4.5%	5.1%	5.5%
Ranking in Category	145/173	38/156	15/129	5/112
	.	.	.	.	.
Std deviation³ – Centaur BCI Balanced Fund	8.2%	7.7%	8.6%	8.2%	8.1%
Std deviation³ – Benchmark	8.8%	7.9%	9.1%	9.0%	8.6%

Highest and lowest calendar year performance since inception (at 30 Sept 2018): High 19.6 Low 7.3.

Centaur BCI Balanced Fund vs. Benchmark

Source: Maitland, Moneymate and Centaur
Past performance is not a reliable indicator of future returns. Investment performance is for illustrative purposes only and is calculated by taking actual initial fees and ongoing fees into account for amount shown with income reinvested on reinvestment dates. Annualised return is weighted average compound growth rate over the period measured.
Inception Date: 01 July 2013.
*28% ALSI (J203T); 28% FINDI (J250T); 8% MSCI World Index; 30% JSE ALBI; 6% SA Repo rate.Weekly standard deviation is the measure of how much an investment’s return varies from its average on an annualised basis.
Highest and lowest calendar year performance since inception (at 31 August 2018): High 19.6 Low 7.3.