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STANLIB Property Income Fund Summary Fact Sheet
South African--Real Estate--General
 
Technical Overview
Formation Date: 16 Sep 2002
Holdings: 14
Original Price: 100
Pricing System: Forward
 
Price (B1 - Class)
 
Management
Keillen Ndlovu, BCom (Hons), CAIB (SA), Property Development
Keillen began his property fund management career at Standard Bank Properties in 2004 managing its leveraged listed property product. He became a listed property analyst at Stanlib in 2005 and now also co-manages the Stanlib Aggressive Income Fund.
 
Nesi Chetty, BCom (Hons) Finance Cum Laude, CFA
Nesi started his investments career with RMB in 2002 where he was a member of the consumer industrial team and also assumed non-consumer research responsibilities. Nesi was previous head of Financials at RMB Asset Managers, responsible for banks and life assurance. He also managed the award winning RMB Financials Fund. In 2010, He was appointed as a fund manager and Head of property for Momentum. He managed the flagship Momentum Property Fund for over a decade and was responsible for asset allocation, research, strategy, and fund management within the property investments business. Nesi is a regular commentator on property, equities and the broader financial market. Nesi Joined STANLIB in June 2019 to co manage local and global listed property.
 
Ranking
Sector: South African-Real Estate-General
Fund Size: R5 084 242 763 (as at 31 Mar 2021)
Sector Rank: 34 out of 41
(lump sum over 1 years to 31 May 2021)
Overall Rank: 217 out of 1324
(lump sum over 1 years to 31 May 2021)
R1000 invested on 31 May 2020 was worth R1 318.92 on 31 May 2021 (31.89% annual compound return)
R100 per month since 31 May 2020 was worth R1 464.72 on 31 May 2021 (36.36% annual return compounded monthly)
 
Please note that domestic fund performance figures are calculated on a NAV-NAV basis including dividends reinvested on the reinvestment date, ETFs are reinvested on the ex-div date.
   
Focus and Objective
The STANLIB Property Income Fund aims for the growth of capital and to provide an income source. Investments may consist of property shares, property loan stock, debentures, debenture stock and bonds, unsecured notes, property unit trusts and other listed securities considered consistent with the portfolio's objective. Liquidity may be increased to 50% if deemed necessary by the manager. Exposure to fixed-interest securities is limited to 30%. The portfolio may also invest in the participatory interests of collective investment schemes. This portfolio may not have any direct and/or indirect foreign exposure.
 
Latest Fund Manager Comment / News
STANLIB Property Income Fund - Sep 19
Fund review

STANLIB Property Income Fund outperformed its benchmark by 1.44%  ...more
 
News Archive
Click here for complete news archive for this fund.
 
Top Holdings on 31 Mar 2021
Share No Units Value (Rm) % of Fund
NEPIROCK 8 953 133 836.04 16.44%
GROWPNT 56 439 432 750.64 14.76%
REDEFINE 135 202 530 509.71 10.03%
RESILIENT 8 629 075 394.09 7.75%
EQUITES 18 851 129 354.40 6.97%
Totals   2 844.89 55.96%
 
Comparative Performance
 
Portfolio Structure as at 31 Mar 2021
Click here for complete portfolio for this fund.
 
Dividend Data
Click here for Dividend History for this fund.
 
Fees and Charges
Click here for fees and charges for this fund.
 
Sectoral Information
Click here for Sectoral Information for this fund.
 


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