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1NVEST SA Bond ETF  |  South African-Interest Bearing-Variable Term
107.1459    -0.0881    (-0.082%)
NAV price (ZAR) Tue 19 Nov 2024 (change prev day)


 
Technical Details  
 

Formation Date

5 Jun 2019

Fund Size (ZAR)

193 347 621

Domicile

South Africa

Reporting Currency

ZAR

JSE Code

ETFBND

ISIN

ZAE000316659

Pricing

Daily

Number of unitholders

0

ASISA Category

SA-Interest Bearing-Variable Term

Benchmark

S&P South Africa Sovereign Bond 1+ Year Index

Income Distributions

-

Income Payment

-

Trustee

Standard Chartered Bank, Absa Bank Limited

Management Company

STANLIB Collective Investments (RF) (Pty) Ltd.

Fund Management

Rademeyer Vermaak, Ryan Basdeo

Minimum Investment

R0

Minimum Top-Up

-

Minimum Monthly

no minimum

Risk Rating

Medium-High

 
Fund Objective  
 
The fund invests in the constituents of the S&P South Africa Sovereign Bond 1+ Year Index and aims to replicate the Index by holding the same weightings of these constituents. The S&P South Africa Sovereign Bond 1+ Year Index seeks to track the performance of local currency denominated sovereign debt publicly issued by the government of South Africa in its domestic market, with maturities of one year or more. The fund is rebalanced monthly and therefore has minimal trading costs. The fund may also hold a small portion in cash instruments and listed derivatives to effect efficient portfolio management....Read more
 
Management  
 
Ryan Basdeo (BCom, (Taxation), MBA (Wits), Registered Security Trader)
After beginning his career as a financial accountant in the employee benefits industry, Ryan joined STANLIB Asset Management in their Institutional Pricing team in 2008. He got experience in the Offshore Trades Processing team from 2010, before moving on to Alternative Investments as market maker for the ETFs and executing trades for the index-tracking funds, as well as assistance with portfolio management. He was appointed a Portfolio Manager in 2017. Ryan has a BCom in Taxation degree, is a JSE Registered Securities Trader, as well as a Registered Bond Trader and has been awarded a MBA from Wits Business School.

Rademeyer Vermaak (M Eng.(Electronic), CFA)
Rademeyer started his career in 2004 at Liquid Capital Markets in London, UK, where as a quantitative analyst he was responsible for the pricing and risk management of listed derivatives. He progressed to the Quantitative Investment team at Liquid Capital Markets, where he was involved in the research and trading of quantitative investment models. Rademeyer subsequently set up Radian Consulting as a quantitative investment and derivatives risk management consultancy where he consulted on derivatives risk management at Barclays Capital, RBS Sempra Commodities, Lloyds Bank Corporate Markets and Dresdner Kleinwort Investment Bank. More recently, he was a founding partner, Head of Quantitative Research and fund manager of the Mansard CTA quantitative fund at Mansard Capital in London. Upon his return from the UK in 2012, Rademeyer joined Fairtree Capital as quantitative fund manager and risk manager.
 
Fees and Costs
 
Initial Fee0.00%
Advisor Initial Feen/a
Annual Management Fee0.288%
Performance Fee-
Advisor Annual Feen/a
Trailer Fee-
Exit Fee-
TER (30/06)0.29%
TER Performance Fee0.00%
Transaction Costs Ratio0.00%
Total TER0.29%
 
Distribution
DeclaredPayAmountClassCurrency
22 Oct 202428 Oct 2024267.210ZARc
23 Jul 202429 Jul 2024260.633ZARc
16 Apr 202422 Apr 2024245.980ZARc
23 Jan 202429 Jan 2024242.480ZARc
17 Oct 202323 Oct 2023238.060ZARc
18 Jul 202324 Jul 2023262.270ZARc
18 Apr 202324 Apr 2023244.480ZARc
17 Jan 202323 Jan 2023197.010ZARc
18 Oct 202224 Oct 2022300.650ZARc
19 Jul 202225 Jul 2022296.280ZARc
 
Statutory Data
 
Management CompanySTANLIB Collective Investments (RF) (Pty) Ltd.
Registration Number1969/003468/07
DirectorsN Criticos, D T V Msibi, D C Munro, J M Parrat (Secretary), T Skweyiya, J H Sutcliffe (British citizen), H Walker (British citizen)
TrusteeStandard Chartered Bank, Absa Bank Limited
AuditorsPricewaterhouseCoopers
Sponsors-
AdvisorsSTANLIB Asset Management (Pty) Ltd.
Physical Address17 Melrose Boulevard Melrose Arch Melrose 2196
Postal AddressPO Box 202 Melrose Arch 2076
Telephone011-448-6000
Tollfree0860-123-003
Fax0867-277-501
Emailcontact@stanlib.com
Websitehttp://www.stanlib.com