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Mergence Equity Prime Fund | South African–Equity–SA General
3.2109    -0.0516    (-1.582%)
NAV price (ZAR) Wed 11 Mar 2026 (change prev day)
 
Snapshot
<i><b>  Performance</b></i><hr/>This gauge shows the decile position of the fund against 76 Rand-denominated South African--Equity--SA General 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 (equity) 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--Equity--SA General 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 1 Nov 2018
Fund Size (ZAR) 92 054 464
Latest Price 3.21
PlexCrowns (Senior)
PlexCrowns (Junior)
Total Expense Ratio (31/12) 1.74%
Minimum InvestmentR2 000 000
TTM Distribution Yield 1.76%
Fund Objective
Our philosophy of pragmatism underlines our approach to investing in equities, and thus the Fund's objective to be a consistent generator of alpha through cycles. We embrace a style agnostic approach given the cyclicality in performance of a strong bias to either value or growth styles. Our investment process is bases on detailed bottom up fundamental analysis. We aim to invest in high quality businesses that are trading at a discount to our assessment of fair value. Our equity investment process is comprehensive, proprietary research driven and long term focused.
Asset Classes and Holdings
Asset Classes
 SA Equities96.44%  
 Foreign Equities0.04%  
 SA Bonds0.00%  
 Foreign Bonds0.00%  
 SA Property3.20%  
 Foreign Property0.00%  
 SA Cash0.32%  
 Foreign Cash0.00%  
Top Holdings as at 31 Dec 2025
SecurityUnitsValue (Rm)% of Fund
NASPERS-N 7 455 8.239.23%
GFIELDS 10 554 7.668.58%
ANGGOLD 4 577 6.567.35%
FIRSTRAND 71 298 6.477.25%
STANBANK 15 106 4.394.91%
VALTERRA 3 019 4.264.77%
ABSA 16 171 3.874.34%
CAPITEC 890 3.704.14%
PROSUS 3 391 3.473.89%
MTN GROUP 19 240 3.263.65%
Totals  51.8758.11%
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