Marriott Fund Research Tool


Technical Details

Formation Date (H)	10 Jan 2020
Fund Size (ZAR)	24 872 851 482
Domicile	South Africa
Reporting Currency	ZAR
JSE Code (H)	CORBH
ISIN (H)	ZAE000282448
Pricing	Daily
Number of unitholders	70
ASISA Category	SA-Interest Bearing-Variable Term
Benchmark	FTSE/JSE All Bond Index (ALBI)
Income Distributions	31/03,30/06,30/09,31/12
Income Payment	02/04,01/07,01/10,02/01
Trustee	FirstRand Bank Ltd.
Management Company	Ninety One Fund Managers SA (RF) (Pty) Ltd.
Fund Management	Adam Furlan, Bashier Omar
Minimum Investment	R0
Minimum Top-Up	-
Minimum Monthly	no minimum
Risk Rating	Medium


Technical Details

Formation Date (H)	10 Jan 2020
Fund Size (ZAR)	24 872 851 482
Domicile	South Africa
Reporting Currency	ZAR
JSE Code (H)	CORBH
ISIN (H)	ZAE000282448
Pricing	Daily
Number of unitholders	70
ASISA Category	SA-Interest Bearing-Variable Term
Benchmark	FTSE/JSE All Bond Index (ALBI)
Income Distributions	31/03,30/06,30/09,31/12
Income Payment	02/04,01/07,01/10,02/01
Trustee	FirstRand Bank Ltd.
Management Company	Ninety One Fund Managers SA (RF) (Pty) Ltd.
Fund Management	Adam Furlan, Bashier Omar
Minimum Investment	R0
Minimum Top-Up	-
Minimum Monthly	no minimum
Risk Rating	Medium

Fund Objective

The Ninety One Corporate Bond Fund uses a specialist fixed income strategy with dedicated South African exposure. This Fund offers the prospect of significant outperformance of South African bond indices, using a fundamental investment process. Ninety One will implement views generated by a specialist fixed income research process, modified so as to deliver an appropriate outperformance. The portfolio will typically invest in Rand-denominated money market instruments and investment grade South African bonds. Such instruments will be those issued by government, government agencies, banks or corporates.

Fund Objective

The Ninety One Corporate Bond Fund uses a specialist fixed income strategy with dedicated South African exposure. This Fund offers the prospect of significant outperformance of South African bond indices, using a fundamental investment process. Ninety One will implement views generated by a specialist fixed income research process, modified so as to deliver an appropriate outperformance. The portfolio will typically invest in Rand-denominated money market instruments and investment grade South African bonds. Such instruments will be those issued by government, government agencies, banks or corporates.


Management

Adam Furlan Bashier Omar Bashier is a portfolio manager in the South African and Africa Credit team at Ninety One. Prior to joining the firm, he spent five years as the Head of Credit at Old Mutual Specialised Finance (OMSFIN) where he was responsible for developing a boutique-based credit capability that manages credit risk for the business. Before joining OMSFIN, Bashier headed up the Old Mutual Investment Group South African credit research team. He also previously worked at OMSFIN as a debt originator and a credit analyst. Bashier served his articles at Ernst & Young as well as having spent a year post-articles in the Forensics Services division. He graduated from the University of Cape Town with a Bachelor of Business Science (Hons) degree, majoring in Business Finance and Financial Accounting, and is a Chartered Accountant (SA).


Management

Adam Furlan Bashier Omar Bashier is a portfolio manager in the South African and Africa Credit team at Ninety One. Prior to joining the firm, he spent five years as the Head of Credit at Old Mutual Specialised Finance (OMSFIN) where he was responsible for developing a boutique-based credit capability that manages credit risk for the business. Before joining OMSFIN, Bashier headed up the Old Mutual Investment Group South African credit research team. He also previously worked at OMSFIN as a debt originator and a credit analyst. Bashier served his articles at Ernst & Young as well as having spent a year post-articles in the Forensics Services division. He graduated from the University of Cape Town with a Bachelor of Business Science (Hons) degree, majoring in Business Finance and Financial Accounting, and is a Chartered Accountant (SA).


Fees and Costs - Class H

Initial Fee	0.00%
Advisor Initial Fee	n/a
Annual Management Fee	0.46%
Performance Fee	-
Advisor Annual Fee	n/a
Trailer Fee	-
Exit Fee	-
TER (30/09)	0.58%
TER Performance Fee	0.00%
Transaction Costs Ratio	0.00%
Total TER	0.58%


Fees and Costs - Class H

Initial Fee	0.00%
Advisor Initial Fee	n/a
Annual Management Fee	0.46%
Performance Fee	-
Advisor Annual Fee	n/a
Trailer Fee	-
Exit Fee	-
TER (30/09)	0.58%
TER Performance Fee	0.00%
Transaction Costs Ratio	0.00%
Total TER	0.58%


Statutory Data

Management Company	Ninety One Fund Managers SA (RF) (Pty) Ltd.
Registration Number	1987/004390/07
Directors	Noluthando Gosa, John C Green, Thabo Khojane
Trustee	FirstRand Bank Ltd.
Auditors	KPMG South Africa
Sponsors	-
Advisors	Ninety One SA (Pty) Ltd.
Physical Address	36 Hans Strijdom Avenue Foreshore Cape Town 8001
Postal Address	PO Box 1655 Cape Town 8000
Telephone	0860-500-900
Tollfree	-
Fax	021-901-1000
Email	[email protected]
Website	http://https://ninetyone.com/en/south-africa


Statutory Data

Management Company	Ninety One Fund Managers SA (RF) (Pty) Ltd.
Registration Number	1987/004390/07
Directors	Noluthando Gosa, John C Green, Thabo Khojane
Trustee	FirstRand Bank Ltd.
Auditors	KPMG South Africa
Sponsors	-
Advisors	Ninety One SA (Pty) Ltd.
Physical Address	36 Hans Strijdom Avenue Foreshore Cape Town 8001
Postal Address	PO Box 1655 Cape Town 8000
Telephone	0860-500-900
Tollfree	-
Fax	021-901-1000
Email	[email protected]
Website	http://https://ninetyone.com/en/south-africa

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