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Merchant West SCI Enhanced Income Fund | South African–Multi Asset–Income
Reg Compliant
1.2923    +0.0017    (+0.132%)
NAV price (ZAR) Mon 17 Nov 2025 (change prev day)
 
Snapshot
<i><b>  Performance</b></i><hr/>This gauge shows the decile position of the fund against 124 Rand-denominated South African--Multi Asset--Income 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--Income 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 3 Jan 2012
Fund Size (ZAR) 639 350 924
Latest Price 1.29
PlexCrowns (Senior)
PlexCrowns (Junior)
Total Expense Ratio (30/06) 0.69%
Minimum InvestmentR5 000
TTM Distribution Yield 7.40%
Fund Objective
Investments to be included in the portfolio will, apart from assets in liquid form, consist of non-equity securities, fixed interest instruments (including, but not limited to, bonds, cash deposits and money market instruments), preference shares of an income nature and listed property securities as well as any other income enhancing securities which are considered consistent with the portfolio's primary objective and that the Act or Registrar may allow from time to time. In order to achieve the portfolio objective, the portfolio's asset allocation and instrument selection will be actively managed and will continually reflect the portfolio Manager's view of the relative attractiveness of the property shares, property related securities, loan stock listed on exchanges, non-equity securities, bonds, money market instruments and preference share markets....Read more
Asset Classes and Holdings
Asset Classes
 SA Equities0.00%  
 Foreign Equities0.00%  
 SA Bonds78.55%  
 Foreign Bonds0.00%  
 SA Property1.14%  
 Foreign Property0.00%  
 SA Cash20.31%  
 Foreign Cash0.00%  
Top Holdings as at 30 Sep 2025
SecurityUnitsValue (Rm)% of Fund
R2038 81 000 000 87.8913.83%
RN2032 72 000 000 73.8911.62%
RN2030 70 000 000 70.4111.08%
MONEYMARK 0 67.0110.54%
RECMMB 58 804 830 58.969.27%
I2033 28 780 000 38.586.07%
SBS84 30 000 000 30.814.85%
ASC289 30 000 000 30.294.76%
ASC292 30 000 000 30.224.75%
SBSS02 21 088 000 21.373.36%
Totals  509.4380.14%
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17 Nov1.29+0.00+0.13% 
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