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Momentum Target 3 Fund of Funds | South African–Multi Asset–Low Equity
Reg Compliant
1.3685    -0.0016    (-0.115%)
NAV price (ZAR) Thu 20 Aug 2026 (change prev day)
 
Snapshot
<i><b>  Performance</b></i><hr/>This gauge shows the decile position of the fund against 172 Rand-denominated South African--Multi Asset--Low 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 all other domestic <i>fund of funds</i> (ie. across all categories) – (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--Low 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 4 Apr 2017
Fund Size (ZAR) 89 562 394
Latest Price 1.37
PlexCrowns (Senior)
PlexCrowns (Junior)
Total Expense Ratio (31/03) 1.07%
Minimum InvestmentR2 000
TTM Distribution Yield 4.51%
Fund Objective
The Momentum Target 3 Fund of Funds is a multi-asset Fund of Funds portfolio with the objective to secure consistent real returns net of fees in excess of inflation + 2% p.a. over rolling three year periods through an investment strategy that is executed through a combination of active asset allocation and predominately passive and enhanced passive investment strategies. The portfolio will, apart from assets in liquid form, consist solely of participatory interests and other forms of participation in local and global collective investment scheme portfolios, or other similar schemes operated in territories with a regulatory environment that is to the satisfaction of the Manager and Trustee, of a sufficient standard to provide investor protection, at least equivalent to that in South Africa, and which is consistent with the portfolio's primary objective, investing in, equity securities, property securities, non-equity securities, money market instruments, preference shares, government and corporate bonds, inflation linked bonds and other interest bearing securities and investments, listed and unlisted financial instruments and participatory interests in collective investment scheme portfolios....Read more
Asset Classes and Holdings
Asset Classes
 SA Equities21.21%  
 Foreign Equities17.64%  
 SA Bonds41.78%  
 Foreign Bonds5.45%  
 SA Property4.35%  
 Foreign Property1.92%  
 SA Cash3.57%  
 Foreign Cash4.09%  
Top Holdings as at 30 Jun 2026
SecurityUnitsValue (Rm)% of Fund
MMB10 15 246 198 28.2032.17%
MRGFB 11 920 572 20.5023.39%
STXACW 155 516 15.4117.58%
MCMB2 14 601 314 13.0114.84%
ETFUSD 242 231 3.954.51%
MSRGPB 3 332 659 2.693.07%
SLGIB1 1 625 153 1.802.05%
SLIFB1 1 069 584 1.711.96%
CASH 0 0.380.44%
Totals  87.67100.00%
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20 Aug1.37-0.00-0.12% 
21 Aug2.07+0.06+2.88% 
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