OVERVIEW

Chrome Ci Global Inflation Plus Feeder Fund

31 October 2024

INFORMATION DISCLOSURE

Fund Size

R 181.8 million

Risk Profile

Moderate

ASISA Classification

Global – Multi Asset – Medium Equity

Benchmark

G7 CPI in ZAR

Total Expense Ratio

1.11%

Transaction Cost

0.02%

Total Investment Charge

1.13%

Calculation Period

Inception to 30 Jun 2024

Foreign Exposure

80% - 100%

Equity Exposure

Up to 60%

ABOUT

Investment Objective

The Chrome Ci Global Inflation Plus Feeder Fund is a Feeder Fund. The investment objective of the portfolio is to provide long term capital growth in excess of G7 inflation by providing investors with exposure to an international collective investment scheme portfolio comprising a diversified mix of global exposure to various asset classes. The Global Inflation Plus Fund, the target portfolio, will diversify investments across various asset classes with a maximum of 60% exposure to equities, either directly or indirectly through units and/or shares of underlying funds. The Fund may invest in derivatives for the exclusive purpose of hedging exchange rate risk to which assets are directly exposed.

Characteristics

The fund invests in a global multi-asset medium equity portfolio, aimed at outperforming G7 Inflation over the long term. The portfolio may have a maximum equity exposure of up to 60% at all times, and is suitable for investors who are prepared to accept a moderate level of volatility in seeking long term growth. A feeder fund is a portfolio that invests in a single portfolio of a collective investment scheme, which levies its own charges, which could result in a higher fee structure for the feeder fund.

Risk Reward Profile

Typically, the lower the risk, the lower the potential return and the higher the risk, the higher the potential return. There is no guarantee that returns will be higher when investing in a portfolio with a higher risk profile. The risk profile for this portfolio is rated as moderate, as it may invest up to 60% in equity securities.

ASSET ALLOCATION

UNDERLYING HOLDINGS

  • Global Inflation Plus Fund

    98.55%

  • SA Cash

    1.44%

  • Global Cash

    0.01%

ANNUALISED PERFORMANCE

Highest 1 year rolling return

22.41%

Lowest 1 year rolling return

-10.63%

TOP 10 EQUITY EXPOSURES

  • 1. Berkshire Hathaway

    4.78%

  • 2. Microsoft

    2.27%

  • 3. Apple

    1.85%

  • 4. NVIDIA Corporation

    1.56%

  • 5. Meta Platforms

    1.39%

  • 6. Schroder

    1.16%

  • 7. Novo Nordisk

    0.90%

  • 8. Amazon

    0.84%

  • 9. Alphabet Inc Class A

    0.83%

  • 10. Alphabet Inc Class C

    0.62%

Top 10 equity exposures are one month lagged.

PORTFOLIO MANAGEMENT

Management Company

The portfolios are hosted and administered by Ci Collective Investments (RF) (Pty) Ltd ("Ci"). Ci is owned by a number of like-minded boutique multi-managers and managed by a team of experts, each with significant experience in the collective investments industry. Ci is approved by the FSCA as a manager in terms of the Collective Investment Schemes Control Act.

ADDITIONAL INFORMATION

Launch Date

01 September 2021

Opening Nav Price

100.00 cents per unit

Fund Size

R 181.8 million

Initial Fee

0.00%

Initial Advisory Fee Maximum

Maximum 3.45% (Incl. VAT)

Annual Service Fee

Class A: 0.633%, Class G: 0.748% (Incl. VAT)

Annual Advisory Fee Maximum

Maximum 1.15% (Incl. VAT)

Total Expense Ratio

1.11%

Transaction Cost

0.02%

Total Investment Charge

1.13%

Calculation Period

Inception to 30 Jun 2024

Income Declaration Dates

30 June & 31 December

Last 12 Month Distributions

28/06/2024: (A) 0.00, 29/12/2023: (A) 0.23

Income Reinvestment / Payout Dates

2nd working day in July & January

Transaction cut-off time

14:00

Valuation Time

17:00

Frequency of pricing

Our daily NAV prices are published on our website and in the national newspaper

ASISA Classification

Global – Multi Asset – Medium Equity