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Momentum Real Growth Property Index Fund Summary Fact Sheet
South African--Real Estate--General
 
Technical Overview
Formation Date: 6 Apr 2017
Holdings: n/a
Original Price: n/a
Pricing System: Forward
 
Price (A - Class)
 
Management
Loftie Botha, BEng (Ind); BCom (Hons); MCom (Bus Management)
Loftie started his career as an engineer and moved into asset management in 1994 as an industrial analyst with the Mines Pension Fund. He joined ABSA Asset Management in 1998 as an analyst and later managed the ABSA General Equity Fund. He later became a senior portfolio manager at Huysamer Capital Investments. In 2006, he joined Umbono Fund Managers, an OMIGSA boutique, as a quantitative fund manager before being promoted to CIO of the boutique. Loftie joined Metropolitan Asset Managers in Feb 2010 as
the head of absolute strategies and was appointed portfolio manager for Absolute Return Funds at Momentum Asset Management in 2011.
 
Imtiaz Mohammed Alli, BCompt (Unisa)
Imtiaz started at ABSA Consultants & Actuaries in Oct 1996 where he was responsible for the management/booking of national pension funds. He joined the Momentum Group in Jul 2000 as a dealing
supervisor and was also involved in the planning and management of fund mergers. Imtiaz joined Momentum Asset management in Jun 2004 as a pricing analyst. In Mar 2006 he became the assistant to the
portfolio manager and joined the investment team in Nov 2008 as a portfolio manager and research analyst.
 
Ranking
Sector: South African-Real Estate-General
Fund Size: R178 521 735 (as at 31 Mar 2021)
Sector Rank: 14 out of 41
(lump sum over 1 years to 31 May 2021)
Overall Rank: 126 out of 1324
(lump sum over 1 years to 31 May 2021)
R1000 invested on 31 May 2020 was worth R1 373.01 on 31 May 2021 (37.30% annual compound return)
R100 per month since 31 May 2020 was worth R1 494.03 on 31 May 2021 (39.93% 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 Momentum Real Growth Property Index Fund is a specialist property portfolio that will aim to achieve returns as close as possible to that of the FTSE/JSE Listed Property Index (J253T), by tracking the index.

The portfolio will include securities comprising the FTSE/JSE Listed Property Index (J253T), in proportions to best replicate the performance of the index, and assets in liquid form. The portfolio may invest in equity and property securities including companies that derive a material portion of their income from property investment, property collective investment schemes, property loan stock. The portfolio may also invest in participatory interest or any other forms of participation in portfolios of collective investments or other similar schemes as the Act may allow from time to time and are consistent with the portfolios investment objective. The portfolio will have no foreign exposure.

The portfolio may from time to time invest in listed and unlisted financial instruments, in accordance with the provisions of the Act and applicable legislation as amended from time to time, in order to achieve the portfolio's investment objective.

Nothing in this Supplemental Deed shall preclude the Manager from varying the ratios of securities or assets in liquid form in changing economic environment or market conditions, or to meet the requirements in terms of legislation and from retaining cash or placing cash on deposit in terms of the Deed and this Supplemental Deed.

The Trustee shall ensure that the investment policy set out in this Supplemental Deed is carried out.

For the purposes of this portfolio, the manager shall reserve the right to close the portfolio to new investors on a date determined by the manager. This will be done in order to manage the portfolio in accordance with its mandate. The manager may once a portfolio has bene closed open that portfolio again to new investors on a date determined by the manager.
 
Latest Fund Manager Comment / News
The Momentum Real Growth Property Index Fund is a specialist property portfolio that will  ...more
 
News Archive
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Top Holdings on 31 Mar 2021
Share No Units Value (Rm) % of Fund
GROWPNT 2 724 242 35.82 20.07%
NEPIROCK 338 037 31.51 17.65%
REDEFINE 4 426 731 16.64 9.32%
FORTRESSA 957 155 13.03 7.30%
RESILIENT 255 861 11.68 6.54%
Totals   108.68 60.88%
 
Comparative Performance
 
Portfolio Structure as at 31 Mar 2021
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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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