Centaur Asset Management - Designed to Deliver

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 moderate to high risk profile and its inception date was the 1st July 2013.

Download Latest MDD (Factsheet) – October 2023

Unit Price:

205.61

29/11/2023

Category:

South African – Multi-Asset High Equity

Objective:

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

Benchmark:

Composite of 25% FTSE/JSE All Bond Index (ALBTR), 48% FTSE/JSE Capped Shareholder Weighted All Share Index (J433T), 16% MSCI World Index (M1WO) and 11% SteFI.

Fees on Class A:
(ex. VAT)

Annual fee:	1.35% per annum.
Performance fee:	12.5% above benchmark over rolling 2-year period, capped at 1% p.a.

Minimum Disclosure Documents (Factsheets):

Download Latest Factsheet (Minimum Disclosure Document):	October 2023
Past Factsheet (Minimum Disclosure Document):

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Centaur BCI Balanced Fund A vs. Benchmark

As at: 31 October 2023	1 year	3 years	5 years	10 years	Since Inception¹
Centaur BCI Balanced Fund A	10.3%	13.9%	9.6%	9.3%	9.8%
Benchmark²	6.7%	11.9%	8.7%	8.6%	8.9%
Relative to Benchmark	3.6%	2.0%	0.9%	1.2%	0.9%
Average Category Return	6.2%	10.7%	7.2%	6.5%
Category Ranking	14 / 219	19 / 199	9 / 175	2 / 82
Std deviation³ – Centaur BCI Balanced Fund A	7.5%	10.0%	13.0%	10.9%	10.8%
Std deviation³ – Benchmark	9.0%	9.8%	12.3%	10.7%	10.6%

Source: Bloomberg, Maitland, Moneymate and Centaur, as at 31 October 2023. Category: South African Multi Asset High Equity. Boutique Collective Investments (RF) (Pty) Ltd (“BCI”) is a registered Manager of the Boutique Collective Investments Scheme, approved in terms of the Collective Investments Schemes Control Act, No 45 of 2002. Collective Investment Schemes in securities are generally medium to long term investments. The value of participatory interests may go up or down and past performance is not necessarily an indication of future performance. A schedule of fees, charges, maximum commissions, and rankings is available on request. Investment performance is for illustrative purposes only and 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. The manager has the right to close the portfolio to new investors in order to manage it more efficiently. Full details and basis of the award is available from the manager. Highest and lowest calendar year performance since inception (at 31 October 2023): High 24.8% Low -5.8%.