Not logged in Login 
 Home 
 Managers 
 Funds 
 Charting 
 Ebook 
 Admin   Login  
  Alert me on this fund
  Add fund to active Watchlist
     
Element SCI Islamic Balanced Fund | South African–Multi Asset–High Equity
Reg Compliant
2.2950    +0.0099    (+0.433%)
NAV price (ZAR) Fri 23 Jan 2026 (change prev day)
 
Snapshot
<i><b>  Performance</b></i><hr/>This gauge shows the decile position of the fund against 247 Rand-denominated South African--Multi Asset--High Equity funds over the last three years (needle right indicates above average performance)
Performance
<i><b>  Size</b></i><hr/>This gauge shows the size of the fund against all Rand-denominated retail funds (needle right indicates a large fund, needle left a small fund)
Size
<i><b>  Diversification</b></i><hr/>This gauge shows the level of diversification relative to other funds in the same second-tier (multi asset) category (needle right indicates a well-diversified fund)
Diversification
<i><b>  Risk</b></i><hr/>This gauge shows the fund's level of historical risk relative to other funds in the South African--Multi Asset--High Equity sector based on 3-year volatility (needle right indicates lower risk within the sector)
Risk
Fund Performance
NAV and TRI Performance
  TRI
  NAV
   3 Months 6 Months 1 Year 3 Years 5 Years
Period    Return %Growth of R1 000
chart
* Not annualised
Key Facts and Fund Objective
Key Facts
Formation Date 28 Apr 2010
Fund Size (ZAR) 105 504 040
Latest Price 2.30
PlexCrowns (Senior)
PlexCrowns (Junior)
Total Expense Ratio (30/09) 1.98%
Minimum InvestmentR10 000
TTM Distribution Yield 1.28%
Fund Objective
The Element Islamic Balanced Fund is a domestic prudential variable equity fund that will provide investors with Shari'ah compliant returns and the opportunity to achieve long-term wealth creation within a moderate level of risk. The fund aims to preserve capital with a reasonable level of income that is halaal (permissible) for investors and will comply with the prudential investment requirements that govern the management of South African retirement funds i.e. Regulation 28 of the Pension Funds Act (Act 24 of 1956). Element Investment Managers signed the United Nations Principles for Responsible Investment (PRI) in May 2006....Read more
Asset Classes and Holdings
Asset Classes
 SA Equities29.13%  
 Foreign Equities37.79%  
 SA Bonds0.00%  
 Foreign Bonds0.00%  
 SA Property0.00%  
 Foreign Property1.00%  
 SA Cash31.39%  
 Foreign Cash0.69%  
Top Holdings as at 30 Sep 2025
SecurityUnitsValue (Rm)% of Fund
IGEB 7 098 610 30.0629.69%
FIEU 3 096 599 10.5510.42%
MM-02MONTH 0 10.5410.40%
MM-03MONTH 0 8.318.21%
GLD 8 546 5.265.19%
MM-04MONTH 0 4.674.61%
MM-22MONTH 0 2.512.48%
MONEYMARK 0 2.332.30%
MRPRICE 10 790 2.202.17%
MICROSOFT 235 2.102.07%
Totals  78.5277.54%
Recently viewed
23 Jan2.30+0.01+0.43% 
22 Jan1.33+0.00+0.24% 
23 Jan1.65+0.00+0.09% 
22 Jan2.13+0.02+1.19% 
23 Jan19.26+0.16+0.83% 
22 Jan1.43+0.00+0.17% 
22 Jan1.09-0.00-0.07% 
22 Jan1.43+0.00+0.30% 
Watchlists
Portfolios