OVERVIEW

Gradidge-Mahura Income
June 2022

INFORMATION
DISCLOSURE

Risk Profile
Low
ASISA Classification
South African – Multi Asset – Income
Benchmark
STeFI Composite Index over a rolling 12-month period
Model Portfolio
Management Fee
0.12%
Annual
Consulting Fee
0.12%
Average Weighted Cost of
Underlyings
0.55%

About

Investment Objective
The objective of this portfolio is to provide investors with an alternative to cash with a strong focus on capital protection. The portfolio aims to generate a return of STeFI Composite p.a. over any rolling 12-month period. The portfolio maintains a low risk profile as it is limited to a maximum of 10% exposure to equities. The portfolio adheres to the guidelines set by Regulation 28.

ASSET
ALLOCATION

SA Bonds
68.63%
SA Cash
18.11%
Foreign Bonds
5.45%
Foreign Cash
5.39%
SA Property
2.09%
Foreign Property
0.3%
SA Equity
0.03%

UNDERLYING
HOLDINGS

Coronation Strategic Income Fund
33.00%
Prescient Income Provider Fund
33.00%
Ninety One Diversified Income Fund
32.00%
Money Market Fund
2.00%

ANNUALISED
PERFORMANCE

Highest 1 year rolling return
12.52%
Lowest 1 year rolling return
4.36%
* Benchmark: STeFI Composite Index over a rolling 12-month period
* CPI: (ASISA) South African MA Income

TOP 10 EQUITY
EXPOSURES

1. Standard Bank
0.46%
2. Absa Bank
0.29%
3. Firstrand
0.17%
4. Growthpoint
0.11%
5. Redefine
0.10%
6. Spear
0.10%
7. NEPI Rockcastle
0.09%
8. Investec
0.08%
9. Hyprop
0.07%
10. Sirius Real Estate
0.05%
Top 10 equity exposures as disclosed by Morningstar Direct, updated quarterly.

ADDITIONAL
INFORMATION

Model Portfolio Management Fee (Maximum)
0.12%
Annual Consulting Fee (Maximum)
0.12%
Average Weighted Cost of Underlyings
0.55%
ASISA Classification
South African – Multi Asset – Income