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Multi Asset BCI Balanced Defensive Fund | South African–Multi Asset–Low Equity
Reg Compliant
16.1058    -0.1013    (-0.625%)
NAV price (ZAR) Fri 14 Nov 2025 (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 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--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 23 Jan 2015
Fund Size (ZAR) 331 000 498
Latest Price 16.11
PlexCrowns (Senior)
PlexCrowns (Junior)
Total Expense Ratio (30/06) 1.17%
Minimum InvestmentR10 000
TTM Distribution Yield 4.40%
Fund Objective
The Multi Asset BCI Balanced Defensive Fund aims to achieve stable capital appreciation with low volatility. The asset allocation of the fund will be varied according to the manager's view on the macroeconomic outlook as well as the attractiveness of each asset class. The portfolio is managed in compliance with prudential investment guidelines for retirement funds in South Africa to the extent allowed for by the Act, subject to the portfolio's equity exposure not exceeding 40% of the portfolio's net asset value. In order to achieve its objective, the investments normally to be included in the portfolio may comprise a combination of assets in liquid form, equity securities, notes, property securities, preference shares, convertible equities, interest bearing instruments and non-equity securities....Read more
Asset Classes and Holdings
Asset Classes
 SA Equities22.60%  
 Foreign Equities15.53%  
 SA Bonds44.39%  
 Foreign Bonds3.62%  
 SA Property3.48%  
 Foreign Property1.03%  
 SA Cash3.09%  
 Foreign Cash6.26%  
Top Holdings as at 30 Sep 2025
SecurityUnitsValue (Rm)% of Fund
AGBD 2 538 309 29.229.13%
IDICI 21 497 266 26.808.37%
PBQB1 17 817 090 21.126.60%
MGMB 255 146 15.254.77%
MPBFD 386 901 15.104.72%
PIPFB6 8 205 312 12.133.79%
AGMF 11 198 071 11.273.52%
NEIG 475 479 9.863.08%
MIGLB2 163 779 9.743.04%
ABPC1 2 705 825 9.302.91%
Totals  159.7949.93%
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