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Prime Property Fund Summary Fact Sheet
South African--Real Estate--General
 
Technical Overview
Formation Date: 5 Dec 2013
Holdings: n/a
Original Price: n/a
Pricing System: Forward
 
Price (A - Class)
 
Management
Malungelo Zilimbola, BSc (Hons) Quantity Surveying, BCom (Hons) Finance
 
Asanda Notshe, BBusSci Actuarial Science, FIA, FASSA
 
 Mazi Asset Management (Pty) Ltd.
 
Ranking
Sector: South African-Real Estate-General
Fund Size: R154 919 514 (as at 31 Mar 2021)
Sector Rank: 17 out of 41
(lump sum over 1 years to 31 May 2021)
Overall Rank: 136 out of 1323
(lump sum over 1 years to 31 May 2021)
R1000 invested on 31 May 2020 was worth R1 364.25 on 31 May 2021 (36.42% annual compound return)
R100 per month since 31 May 2020 was worth R1 489.79 on 31 May 2021 (39.42% 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
PORTFOLIO PROFILE The Mazi Asset Management Prime Property Fund is a property portfolio that seeks to sustain high long-term capital growth, specifically by providing a combination of high income and long-term capital appreciation. The portfolio will invest at least 80% of its market value in securities listed on the FTSE/JSE Real Estate industry group or similar sector of an international stock exchange and may include other high yielding securities from time to time. Up to 10% of the portfolio may be invested insecurities outside the defined sectors in companies that conduct similar business activities as those in the defined sectors. The portfolio may invest in listed and unlisted financial instruments from time to time to achieve the Fund's objectives. The manager may also include currency swaps, interest rate and exchange rate swap transactions. Nothing shall preclude the manager from varying the ratio of securities in terms of changing economic factors or stock exchange conditions and from retaining cash in the portfolio and/or placing cash on deposit in terms of the Deed. Limits and Constraints o Maximum exposure limits as per the ASISA fund classification structure. o Maximum exposure of 25% to offshore investments plus maximum of 5% in Africa o The portfolio will invest at least 80% of its market value in securities listed on the FTSE/JSE Real Estate industry group or similar sector of an international stock exchange and may include other high yielding securities from time to time. o Up to 10% of the portfolio may be invested in securities outside the defined sectors in companies that conduct similar business activities as those in the defined sectors.
 
Latest Fund Manager Comment / News
Fund Name Changed
The Mazi Asset Management Prime Property Fund will change it's name to Prime Property  ...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
GROWPNT 2 327 897 30.73 19.84%
NEPIROCK 284 584 26.53 17.12%
REDEFINE 4 471 717 16.77 10.82%
FORTRESSA 904 413 12.31 7.95%
RESILIENT 246 547 11.22 7.24%
Totals   97.55 62.97%
 
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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