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Centaur BCI Balanced Fund

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.

Daily Pricing:

Centaur BCI Balanced Fund: 150.68
17/09/2020

Category:

South African – Multi Asset High Equity

Objective:

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:

25% JSE All Bond Index (ALBTR), 48% JSE Capped SWIX (J433T), 16% MSCI World (M1WO), 11% SteFI. Calculated over a 2 year rolling period.

Suitable for Investors Who:

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

Fees:

Annual fee:1.35% 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 (Factsheet):

Download Latest Minimum Disclosure Document (Factsheet): August 2020
Past Minimum Disclosure Document (Factsheet):

 


Centaur BCI Balanced Fund vs. Benchmark

As at: 31 August 20201 year3 years5 yearsSince
Inception1
Centaur BCI Balanced Fund7.6%3.9%6.0%9.0%
Benchmark25.6%4.1%6.0%8.4%
Relative to Benchmark2.1%-0.2%-0.1%0.6%
Average Category Return4.5%3.2%4.2%
....
Std deviation3 – Centaur BCI Balanced Fund22.0%14.0%12.2%11.0%
Std deviation3 – Benchmark19.6%13.2%11.8%10.8%
Source: Maitland, Moneymate and Centaur, as at 31 August 2020.
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. Full details and basis of the award is available from the manager.

  1. Inception Date: 01 July 2013.
  2. *Benchmark:
    1 Jul 2013 – 31 Oct 2018:28% ALSI (J203T); 28% FINDI (J250T); 8% MSCI World Index; 30% JSE ALBI; 6% SA Repo rate.
    1 Nov 2018 – Current:25% JSE All Bond Index (ALBTR), 48% JSE Capped SWIX (J433T), 16% MSCI World (M1WO) and 11% SteFI. Calculated over a 2 year rolling period.
  3. 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 July 2020): High 19.6 Low -5.4.