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27four Shari'ah Income Prescient A1 (SPNRCSR.IF)

NAV 1.030ZAR 0.000-0.040%
Also known as: 27four Shari'ah Inc PrescientA|Shariah Compliant|As of 15 Aug 2019

Fund Facts

StatusActive
Asset Type Mixed Assets
Geographic FocusSouth Africa
DomicileSouth Africa
Lipper GlobalMixed Asset ZAR Balanced
StructureUnit trust
Inception DateApril 2017
CurrencyZAR
Fund Size121,383,576 ZAR
NAV FrequencyPricing Daily, Mon-Fri
Administrator Prescient Management Company Ltd
Sponsor 27four Investment Managers
Fund Manager Prescient Management Company Ltd
Investment Advisor 27four Investment Managers (Pty) Ltd

Fund Returns

1 Month.783%
3 Months1.928%
YTD*4.663%
1 YearGet Lipper
3 YearsGet Lipper
5 YearsGet Lipper
Since InceptionGet Lipper

Ratios

Beta0.256
Alpha0.114
Sharpe Ratio0.052
Information RatioGet Lipper
Annusalised Standard DeviationGet Lipper

Investment Strategy

Shariah compliant, specialist fund of funds portfolio focusing on income generating assets. It aims to provide relative capital stability and optimal income returns. The fund will be Regulation 28 compliant. In order to achieve its investment objectives, the fund will utilise a combination of funds investing and direct investments in fixed income securities, listed property and other Income generating securities that are Shariah compliant in both South Africa and internationally, which have a fixed maturity date and either have a predetermined cash flow profile or are linked to benchmark yields.

Fund Performance

NAV (SAR)
1.030
Change
0.000 (-0.040%)
Previous Close
1.030
12 Months High
1.032
12 Months Low
1.005

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