OVERVIEW

Global Inflation Plus Fund

30 September 2024

INFORMATION DISCLOSURE

Fund Size

$ 57.9 million

Risk Profile

Moderate

Benchmark

G7 inflation

Total Expense Ratio

0.94%

Calculation Period

1 Jul 2023 to 30 Jun 2024

Equity Exposure

Up to 60%

ABOUT

Investment Objective

The investment objective of the Fund is to achieve long term capital growth in excess of G7 inflation. The Fund will seek to diversify investments across various asset classes whilst investing a maximum of 60% of the Net Asset Value of the Fund directly in global equity securities and/or indirectly through investment in Underlying Funds. The Fund is not focused on any specific geography, industry or sector. The Fund intends to invest in transferable securities in the form of global equities, real estate investment trusts, global bonds, global cash and cash equivalents which are listed on recognized markets. This objective is not guaranteed.

Characteristics

This is a global moderate allocation portfolio, which means that the portfolio may have a maximum equity exposure of up to 60% at all times. The fund will diversify investments across various asset classes providing the opportunity for long term capital growth.

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 globally.

ASSET ALLOCATION

UNDERLYING HOLDINGS

  • iShares USD Floating Rate Bond UCITS ETF

    14.62%

  • iShares MSCI ACWI UCITS ETF

    10.17%

  • iShares Core MSCI World UCITS ETF

    10.15%

  • Rubrics Global Credit UCITS Fund

    9.30%

  • iShares U.S. Equity Factor ETF

    7.26%

  • Fundsmith Equity Fund

    6.64%

  • iShares 0-5 Year High Yield Corporate Bond ETF

    6.01%

  • SPDR MSCI World UCITS ETF

    5.64%

  • Vanguard Global Equity Fund

    5.25%

  • iShares Global REIT ETF

    5.20%

  • Dodge & Cox Worldwide Global Bond Fund

    5.01%

  • Berkshire Hathaway

    4.56%

  • iShares International Equity Factor ETF

    2.93%

  • iShares USD TIPS UCITS ETF

    2.86%

  • Cash

    1.85%

  • iShares Core MSCI EM IMI UCITS ETF

    1.38%

  • Direct Equity

    1.17%

ANNUALISED PERFORMANCE

Highest 1 year rolling return

24.71%

Lowest 1 year rolling return

-17.89%

TOP 10 EQUITY EXPOSURES

  • 1. Berkshire Hathaway

    5.19%

  • 2. Microsoft

    2.29%

  • 3. Apple

    1.89%

  • 4. NVIDIA Corporation

    1.60%

  • 5. Meta Platforms

    1.32%

  • 6. Schroder Asian

    1.17%

  • 7. Novo Nordisk

    1.11%

  • 8. Alphabet

    0.85%

  • 9. Amazon

    0.84%

  • 10. Alphabet Class C

    0.64%

Top 10 equity exposures are one month lagged.

PORTFOLIO MANAGEMENT

Portfolio Managers

Chrome Global Wealth Solutions and SIP Mauritius are the investment advisors to the Fund, with Ci Global Fund Managers ICC Limited acting as the investment manager.

Management Company

The fund is a sub-fund of Ci Global Investments RIAIF ICAV, an open-ended umbrella type Irish collective asset-management vehicle with variable capital and with segregated liability between sub-funds, authorised by the Central Bank of Ireland, as a Retail Investor Alternative Investment Fund (“RIAIF”). Sanlam Asset Management (Ireland) Limited, authorised by the Central Bank of Ireland as an Alternative Investment Fund Manager (“AIFM”) is the appointed AIFM to the fund and is licensed as a Financial Services Provider in terms of Section 8 of the South African FAIS Act. This fund is Section 65 approved under the Collective Investment Schemes Control Act 45, 2002 (“CISCA”).

ADDITIONAL INFORMATION

Launch Date

20 August 2019

Opening Nav Price

$10

Fund Size

$ 57.9 million

Classification

EAA Fund USD Moderate Allocation

Domicile

Ireland

Base Currency

USD

Minimum Initial Investment

$10,000

Transaction cut-off time

16h00 (Irish time) on T-1

Valuation time

24h00 (South African time)

Frequency of pricing

Daily, on days that banks in Dublin and Guernsey are open for business

Daily Pricing publication

Daily NAV prices are published on AIFM’s website

Classification

EAA Fund USD Moderate Allocation

Annual fees levied against the Fund (Max % or amount comprising the TER)

Distributor Fee

Max 0.03% net assets p.a

Administration Fee

Max 0.03% net assets p.a

Depositary Fee

Max 0.015% net assets p.a.

Registrar and Transfer Agent Fee

$3,000

AIFM and IM Fee

0.14%

Investment Advisor Fee

0.40%

Performance Fees

N/A

Total Expense Ratio

0.94%

Fees Retail Class (%)

Initial Advice Fee

Negotiable between client and advisor

Annual Advice Fee

Negotiated fee paid by repurchase of shares