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Fairtree BCI Income Plus Fund  |  South African-Multi Asset-Income
1.2425    +0.0001    (+0.008%)
NAV price (ZAR) Tue 19 Nov 2024 (change prev day)


 
Technical Details  
 

Formation Date (A)

3 Jul 2015

Fund Size (ZAR)

16 619 063 450

Domicile

South Africa

Reporting Currency

ZAR

JSE Code (A)

BIPFA

ISIN (A)

ZAE000206256

Pricing

Daily

Number of unitholders

1

ASISA Category

SA-Multi Asset-Income

Benchmark

SteFI call deposit rate + 2% p.a.

Income Distributions

31/03,30/06,30/09,31/12

Income Payment

02/04,02/07,02/10,04/01

Trustee

The Standard Bank of South Africa

Management Company

Boutique Collective Investments (RF) (Pty) Ltd.

Fund Management

Paul Crawford

Minimum Investment

R0

Minimum Top-Up

-

Minimum Monthly

no minimum

Risk Rating

Low-Medium

 
Fund Objective  
 
The investable universe of the portfolio includes interest bearing securities (including, but not limited to bonds, convertible bonds, debentures, corporate debt, cash deposits and money market instruments) as well preference shares, equity securities, property securities, and assets in liquid form. The portfolio may from time to time invest in listed and unlisted financial instruments, in accordance with the provisions of the Act, and the Regulations thereto, as amended from time to time, in order to achieve the portfolio's investment objective.
 
Management  
 
Paul Crawford (BSc Eng (Elec), MBA CFA)
After graduating Paul spent 5 years at Eskom in the engineering field and then moved into the financial services industry, firstly working for Standard Corporate and Merchant Bank's interest rate productions division for 2 years and then joining the asset management industry in 1999. After 5years at RMB Asset Management, Paul moved to the newly formed Momentum Alternative Investments where he managed numerous hedge funds and specialised segregated mandates. Paul joined Fairtree in 2013 and is responsible for managing the Proton Fund, as well as setting the investment strategy for the credit team.
 
Fees and Costs - Class A
 
Initial Fee0.00%
Advisor Initial Feen/a
Annual Management Fee0.86%
Performance Fee-
Advisor Annual Feen/a
Trailer Fee-
Exit Fee-
TER (30/06)0.91%
TER Performance Fee0.00%
Transaction Costs Ratio0.00%
Total TER0.91%
 
Distribution - Class A
DeclaredPayAmountClassCurrency
30 Sep 20242 Oct 20240.224AZARc
20 Sep 202420 Sep 20242.255AZARc
30 Jun 20242 Jul 20242.312AZARc
31 Mar 20243 Apr 20242.161AZARc
31 Dec 20233 Jan 20242.270AZARc
30 Sep 20233 Oct 20232.265AZARc
30 Jun 20234 Jul 20232.093AZARc
31 Mar 20234 Apr 20231.785AZARc
31 Dec 20224 Jan 20231.793AZARc
30 Sep 20224 Oct 20221.507AZARc
 
Statutory Data
 
Management CompanyBoutique Collective Investments (RF) (Pty) Ltd.
Registration Number2003/024082/071
DirectorsD Gill, D D Roodt, H Weidhase
TrusteeThe Standard Bank of South Africa
AuditorsPricewaterhouseCoopers Inc
Sponsors-
Advisors-
Physical Address81 Dely Street Hazelwood Pretoria 0081
Postal Address81 Dely Street Hazelwood Pretoria 0
Telephone021-007-1500
Tollfree-
Fax086-502-5319
Emailclientservices@bcis.co.za
Websitehttp://www.bcis.co.za