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FNB Islamic Balanced Fund | South African–Multi Asset–Medium Equity
1.3931    -0.0033    (-0.236%)
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 114 Rand-denominated South African--Multi Asset--Medium 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--Medium 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 8 Feb 2021
Fund Size (ZAR) 214 232 723
Latest Price 1.39
PlexCrowns (Senior)
PlexCrowns (Junior)
Total Expense Ratio (30/06) 1.34%
Minimum Investment-
TTM Distribution Yield 2.42%
Fund Objective
FNB Islamic Balanced Fund is a domestic portfolio that will invest in a variety of asset classes such as equity securities, non-equity securities, listed property, listed commodity ETF's,sukuk, other shariah compliant instruments, money market instruments and assets in liquid form, both domestically and internationally, that have been approved for investment by the Shariah Supervisory Board (SSB) or Shariah Advisory Committee (SAC) from time to time, and in accordance with the manner, limits and conditions determined by the Authority from time to time, under the Act. The FNB Islamic Balanced Fund's net equity exposure will range between 0% and 60% of the FNB Islamic Balanced Fund's net asset value (NAV) and the net exposure to listed property will range between 0% and 25% of the NAV....Read more
Asset Classes and Holdings
Asset Classes
 SA Equities32.15%  
 Foreign Equities20.79%  
 SA Bonds9.66%  
 Foreign Bonds1.78%  
 SA Property0.83%  
 Foreign Property0.61%  
 SA Cash33.78%  
 Foreign Cash0.39%  
Top Holdings as at 30 Sep 2025
SecurityUnitsValue (Rm)% of Fund
KAICB 11 051 713 30.2215.77%
KIECB 7 106 226 29.3315.31%
KIHYF 16 814 287 24.7312.91%
MONEYMARK 0 23.9712.51%
KIGFB 5 742 883 10.815.64%
MM-31MONTH 0 7.774.05%
RS2029 5 220 000 5.402.82%
MM-22MONTH 0 3.651.90%
AGRIA1 3 530 000 3.531.84%
FOREIGNBO 0 3.411.78%
Totals  142.8074.53%
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17 Nov1.39-0.00-0.24% 
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