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Manager's Fact Sheet
Fund Profile
Kagiso Islamic Equity Fund | South African–Equity–General
3.1883    +0.0097    (+0.305%)
NAV price (ZAR) Mon 14 Jun 2021 (change prev day)
 
Technical Details  
 

Formation Date (A)

13 Jul 2009

Fund Size (ZAR)

1 205 497 968

Domicile

South Africa

Reporting Currency

ZAR

JSE Code (A)

KAIE

ISIN (A)

ZAE000150843

Pricing

Daily

Number of unitholders

2400

ASISA Category

SA-Equity-General

Benchmark

South African -- Equity -- General funds mean

Income Distributions

30/06,31/12

Income Payment

01/07,01/01

Trustee

Standard Bank

Management Company

Kagiso Collective Investments Limited (RF)

Fund Management

Abdulazeez Davids

Minimum Investment

R5 000

Minimum Top-Up

-

Minimum Monthly

R500

Risk Rating

Medium-High

 
Fund Objective  
 
The investment objective of the Kagiso Islamic Fund is to provide steady capital growth and a total portfolio return that is better than the average domestic general equity fund. The generation of income is of secondary importance. In order to achieve these objectives the portfolio will employ a fundamental, bottom-up stock picking strategy, coupled with a proprietary multi-factor investment model and process. The portfolio will generally be fully invested in a diversified portfolio of equity securities, subject to the statutory investment limitations. The portfolio will have a minimum equity exposure of 75%....Read more
 
Management  
 
Abdulazeez Davids
Abdulazeez joined Kagiso Asset Management in February 2008 as the Head of Research and Portfolio Manager. In addition to his research responsibilities, he currently manages the Kagiso Islamic Funds as well as segregated equity portfolios for institutional clients. Prior to his joining the company, Abdulazeez spent 10 years at Allan Gray where he was a senior investment analyst and portfolio manager. Kagiso Asset Management Kagiso Asset Management was established in 2001 as a (51%:49%) joint venture between the Kagiso Group and Coronation Fund Managers. In 2005 Coronation Fund Managers exited our business and Kagiso Asset Management and staff bought 30%. Independent administration and infrastructure was installed in 2006 and full operational independence from Coronation was established. On 1 October 2010, Kagiso launched its own unit trust management company, Kagiso Collective Investments Limited. Kagiso Collective Investments Limited is a subsidiary of Kagiso Asset Management. The Kagiso unit trust range is offered by Kagiso Collective Investments Limited. In 2011, management and staff increased their shareholding in Kagiso Asset Management to 49.9%.
 
Fees and Costs - Class A  
 
Initial Fee0.00%
Advisor Initial Feen/a
Annual Management Fee1.44%
Performance Fee-
Advisor Annual Feen/a
Trailer Fee-
Exit Fee-
TER (31/03)1.55%
TER Performance Fee0.00%
Transaction Costs Ratio0.22%
Total TER1.77%
 
Distribution - Class A
DeclaredPayAmountClassCurrency
31 Dec 20204 Jan 20211.190AZARc
30 Jun 20201 Jul 20201.153AZARc
31 Dec 20192 Jan 20202.009AZARc
30 Jun 20191 Jul 20192.234AZARc
31 Dec 20182 Jan 20192.175AZARc
30 Jun 20182 Jul 20186.158AZARc
31 Dec 20172 Jan 20181.026AZARc
30 Jun 20173 Jul 20170.798AZARc
31 Dec 20163 Jan 20171.079AZARc
30 Jun 20161 Jul 20160.930AZARc
 
Statutory Data  
 
Management CompanyKagiso Collective Investments Limited (RF)
Registration Number2010/009289/06
DirectorsR G Greaver (CEO), S Y U Mahlangu, S Mthunywa, T Scott, S P Sepeng, G J Wood
TrusteeStandard Bank
AuditorsPricewaterhouseCoopers
Sponsors-
Advisors-
Physical Address5th Floor MontClare Place Cnr Campground & Main Roads Claremont 7708
Postal AddressPO Box 1016 Cape Town 8000
Telephone021-673-6300
Tollfree0800-864-418
Fax086-673-9294
Emailclientservice@kagisoam.com
Websitehttp://www.kagisoam.com
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