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Amplify SCI Property Equity Fund  |  South African-Real Estate-General
3.0988    +0.0249    (+0.810%)
NAV price (ZAR) Fri 29 Nov 2024 (change prev day)


 
Technical Details  
 

Formation Date (A)

14 Aug 2006

Fund Size (ZAR)

757 401 431

Domicile

South Africa

Reporting Currency

ZAR

JSE Code (A)

ABPE

ISIN (A)

ZAE000073110

Pricing

Daily

Number of unitholders

1572

ASISA Category

SA-Real Estate-General

Benchmark

FTSE/JSE Africa SA Listed Property index [J253]

Income Distributions

31/03,30/06,30/09,31/12

Income Payment

15/04,15/07,15/10,15/01

Trustee

0

Management Company

Sanlam Collective Investments

Fund Management

Fayyaz Mottiar

Minimum Investment

R2 000

Minimum Top-Up

-

Minimum Monthly

R200

Risk Rating

Medium-High

 
Fund Objective  
 
The fund aims to provide investors with income and growth over the medium to longer term at medium to high risk, predominantly obtained in the South African listed property market.
 
Management  
 
Fayyaz Mottiar (BEconSc, CFA)
Fayyaz started his financial markets career at Nedcor Investment Bank in 1998 where he worked as an equity derivatives trader. In 2000 he joined SCMB Asset Management’s Equity dealing team and following the merger of SCMB Asset Management and Liberty Asset Management to form STANLIB, he was seconded to set up a new BEE asset management joint venture between STANLIB and SIMEKA, which specialised in tracker funds. In 2003 he joined STANLIB’s fixed interest team as a Fixed Interest Dealer and Portfolio Manager. Fayyaz joined ABSA in 2007 and has been managing the listed property investments of the bank over the last 3 years in the Commercial Property Finance Private Equity division. Fayyaz moved into ABSA Asset Management in 2011 following an internal restructuring and continues to focus on listed property investments. Fayyaz has a Bachelor of Economic Science degree from the University of Witwatersrand and is a CFA charter holder.
 
Fees and Costs - Class A
 
Initial Fee0.00%
Advisor Initial Feen/a
Annual Management Fee1.73%
Performance Fee-
Advisor Annual Feen/a
Trailer Fee-
Exit Fee-
TER (30/06)1.76%
TER Performance Fee0.00%
Transaction Costs Ratio0.33%
Total TER2.09%
 
Distribution - Class A
DeclaredPayAmountClassCurrency
30 Sep 20241 Oct 20240.458AZARc
30 Jun 20241 Jul 20246.028AZARc
31 Mar 20243 Apr 20240.000AZARc
20 Mar 202422 Mar 20240.000AZARc
31 Dec 20232 Jan 20245.131AZARc
30 Sep 20232 Oct 20230.675AZARc
30 Jun 20233 Jul 20234.253AZARc
31 Mar 20234 Apr 20230.066AZARc
31 Dec 20223 Jan 20232.074AZARc
30 Sep 20223 Oct 20224.013AZARc
 
Statutory Data
 
Management CompanySanlam Collective Investments
Registration Number1967/002865/07
Directors-
Trustee-
AuditorsErnst & Young Inc. and KPMG Inc.
Sponsors-
Advisors-
Physical AddressSanlam Head Office 2 Strand Road Bellville 7530
Postal AddressPO Box 1 Sanlamhof 7532
Telephone021-947-9111
Tollfree-
Fax021-947-9111
Email-
Websitehttp://https://www.sanlam.co.za