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FNB Multi Manager Bond Fund  |  South African-Interest Bearing-Variable Term
Reg Compliant
10.3313    -0.0029    (-0.028%)
NAV price (ZAR) Tue 19 Nov 2024 (change prev day)


 
Technical Details  
 

Formation Date (B1)

31 Oct 2007

Fund Size (ZAR)

118 100 797

Domicile

South Africa

Reporting Currency

ZAR

JSE Code (B1)

FNBBB1

ISIN (B1)

ZAE000105797

Pricing

Daily

Number of unitholders

0

ASISA Category

SA-Interest Bearing-Variable Term

Benchmark

FTSE/JSE All Bond Total Return Index

Income Distributions

30/06,31/12

Income Payment

01/07,03/01

Trustee

Standard Bank of South Africa

Management Company

Ashburton Management Company (RF) (Pty) Ltd.

Fund Management

Ashburton Asset Management (Pty) Ltd

Minimum Investment

R5 000

Minimum Top-Up

-

Minimum Monthly

R500

Risk Rating

Medium

 
Fund Objective  
 
This portfolio will invest in assets in liquid form, and in high yielding non-equity securities, and interest-bearing securities including but not limited to public, parastatal, municipal and corporate bonds, inflation linked bonds, loan stock, debentures, fixed deposits and money market instruments. The Manager will be permitted to invest on behalf of the portfolio in offshore investments as permitted by legislation. The average maturity profile will vary from time to time depending on market conditions. The portfolio will have flexibility to invest across the duration, credit and yield spectrum.

The portfolio will also be allowed to invest in listed and unlisted financial instruments as allowed by the Act....Read more
 
Management  
 
Ashburton Asset Management (Pty) Ltd
 
Fees and Costs - Class B1
 
Initial Fee0.00%
Advisor Initial Feen/a
Annual Management Fee0.9775%
Performance Fee-
Advisor Annual Feen/a
Trailer Fee-
Exit Fee-
TER (30/06)1.05%
TER Performance Fee0.00%
Transaction Costs Ratio0.00%
Total TER1.05%
 
Distribution - Class B1
DeclaredPayAmountClassCurrency
30 Jun 20241 Jul 202444.109B1ZARc
31 Dec 20232 Jan 202445.852B1ZARc
30 Jun 20233 Jul 202349.201B1ZARc
31 Dec 20223 Jan 202348.242B1ZARc
30 Jun 20221 Jul 202248.846B1ZARc
31 Dec 20213 Jan 202243.573B1ZARc
30 Jun 20211 Jul 202112.489B1ZARc
30 Apr 202130 Apr 202126.696B1ZARc
31 Dec 20204 Jan 202138.557B1ZARc
30 Jun 20201 Jul 202040.506B1ZARc
 
Statutory Data
 
Management CompanyAshburton Management Company (RF) (Pty) Ltd.
Registration Number1996/002547/07
DirectorsGL Carter, B C Grobler, C Low (Company Secretary), V Nedeljkovic, M Ramplin (Chairman), S Yates (Independent director)
TrusteeStandard Bank of South Africa
AuditorsPWC and Deloitte
Sponsors-
AdvisorsAshburton Fund Managers (Pty) Ltd.
Physical Address4 Merchant Place, 1 Fredman Drive Sandton Johannesburg 2196
Postal AddressPO Box 653780 Benmore 2010
Telephone011-282-8800
Tollfree-
Fax011-384-3939
Emailashburtonquery@investoradmin.co.za
Websitehttp://www.ashburtoninvestments.com